The Grind down continue, another low volume day with nifty going up in dying hours of trade on low volumes. Today’s total contract traded in Nifty is second lowest in 2012. Looking at FII derivative trade its seems they have lost interest in trading NF. Today’s moves can be reversed tomorrow as Nifty has gone… Read More »
“The best trades are the ones in which you have all three things going for you: fundamentals, technicals, and market tone. First, the fundamentals should suggest that there is an imbalance of supply and demand, which could result in a major move. Second, the chart must show that the market is moving in the direction… Read More »
1. FII sold 323 Contracts of NF ,worth 21.28 cores with net OI increasing by 7909 contracts. 2. As Nifty Future was down by 5 points and OI has increased by 7909 , FII have started shorting the index futures in small quantity.As FII average traded price comes at a weird number of 13179… Read More »
Nifty is defying that Gravity exists with each small dips is getting bought into(Well it goes with our analysis),but if you look at the internal of market Nifty is driven higher with few stocks namely HUL,ITC and RIL. Bharti Airtel and State Bank of India have broken down after results. So we have market rising… Read More »
It’s Janmashtami, the auspicious occasion when Lord Krishna was born. Celebrate this holy event by spreading warm wishes and love everywhere. Happy Janmashtami to all Readers State Bank of India SBI is coming with its results Today at 2 PM.Stock corrected yesterday and near its trendline support Buy above 2004 Tgt 2018,2045 and 2080… Read More »
IIP data came in -1.8% worse than expectation,reminding us that Indian Macros are rotting. So now we have typical situation Major Brokerages are downgrading Indian GDP data, India twin deficit are increasing still markets have been rallying from 5033 Nifty. This question troubles many traders how come market go up when things are looking so… Read More »
Try to use dead time between trades for things like self improvement training i.e. read a book by your favorite personal development guru or learn to meditate/practice Yoga! Anything that keeps you in the right frame of mind for the job of trading. A positive mindset will have a positive impact on your bottom line… Read More »
“Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.” Nifty has rallied from 5033 till 5393 without any correction and in straight line its not the first time its… Read More »
Trading is one of the few professions where you can deal with a “faceless and no-prejudice market”. It can not be manipulated by any one or group of individuals beyond a certain measure. You are in such a kind of profession. However, what you do day in and day out has a lot to do… Read More »
1. FII bought 30775 Contracts of NF ,worth 676.88 cores with net OI increasing by 36559 contracts. 2. As Nifty Future was up by 51 points and OI has increased by 36559 contracts means FII have added longs in Index Future, as NF has closed above the Rollover range of 5210. 3. NS closed at… Read More »