Be impatient. As always, small loses and quick losses are the best losses. It is not the loss of money that is important. Rather, it is the mental capital that is used up when you sit with a losing trade that is important.Never, ever under any condition, add to a losing trade, or “average” into a position. If… Read More »
1. FII sold 27543 Contracts of Index Future,worth 725 cores with net OI decreasing by 30715 contracts. 2. As Nifty Future was down by 68 points with Open Interest in Index Futures decreasing by 30715, so FII booked profits in shorts created in Nifty and Bank Nifty Futures.NF closed at 2 months low after Fridays… Read More »
Auspicious Muhurat trading sessions again started the fresh downtrend in Nifty as per History. Nifty made a top of 5708 on the Muhurat day and is down to 5559 in just 3 trading sessions. As i have discussed before Nifty tends to give 5-6% move pre or post Mahurat trading session. And we already had… Read More »
Nifty Fibonacci Retracement Nifty Fibonacci Retracements from 5214-5815 are drawn in above chart,Major support at 50% retracement at 5514 and Resistance at 5585. Nifty Fibonacci Fans As discussed earlier Fibo Fans helps in finding potential tops and Bottom of market from short term prospective. If we see the chart closely Nifty has formed a swing… Read More »
Monday, November 19 US Economics (Time Zone: EDT) 10:00 NAHB Housing Market Index – consensus 41, prior 41 10:00 Existing Home Sales – consensus 4.75M, prior 4.75M 11:00 Fed selling $7b-$8b notes in 3-year range 11:30 Treasury to sell $32b 3-month bills, $28b 6-month bills Global Economics (Time Zone: GMT) 05:00 JPY Leading Index 23:00… Read More »
We all like to read about and study the subjects of strategy and analysis and Forex trading. For many traders, that is the familiar, understandable, and easier part of trading. By contrast, emotional control and money management belong to the more arcane category of knowledge in currency trading. On news channels, the websites of brokers… Read More »
1. FII sold 15590 Contracts of Index Future,worth 423 cores with net OI decreasing by 17378 contracts. 2. As Nifty Future was down by 9 points with Open Interest in Index Futures decreasing by 17378, so FII booked profits in shorts created in Nifty and Bank Nifty Futures.IIP data was dismal with degrowth of -0.4%… Read More »
‘MUHURAT TRADING’ SESSION:13 NOV 2012 EQUITY SESSION : NORMAL MARKET OPEN : 03.45 PM IST NORMAL MARKET CLOSE :05.00 PM IST Nifty and Sensex Historical moves on Muhurat trading LAST YEAR MUHURAT SESSION: SENSEX CLOSE +35 Nifty +10. But the next trading day Nifty opened with a gap of 160 points and made the… Read More »
Deep jalte jagmagate rahe,Hum aapko aap hame yaad aate rahe, Jab tak zindagi hai,Dua hai hamari, Aap chand ki tarah zagmagate rahe. With gleam of Diyas And the Echo of the Chants May Happiness and Contentment Fill Your life Wishing you a very happy and prosperous Diwali!! May Maha Lakshmi bring you the true wealth… Read More »
1. FII sold 11316 Contracts of Index Future,worth 284 cores with net OI decreasing by 3012 contracts. 2. As Nifty Future was down by 44 points with Open Interest in Index Futures decreased by 3012, so FII booked profits in shorts created in Nifty and Bank Nifty Futures.We have all importance IIP data today and… Read More »