1. FII sold 3424 Contracts of Index Future,worth 122 cores with net OI increasing by 12748 contracts. 2. As Nifty Future was up by 26 points with Open Interest in Index Futures increased by 12748, so FII again intitated fresh longs in Nifty and Bank Nifty Futures. 3. NS closed at 5760 second highest closing… Read More »
1. FII sold 3923 Contracts of Index Future,worth 155 cores with net OI increasing by 15627 contracts. 2. As Nifty Future was up by 27 points with Open Interest in Index Futures increased by 15627, so FII booked profit in shorts and intitated fresh longs in Nifty and Bank Nifty Futures. Read How US… Read More »
There’s a lot of uncertainty about the outcome of this November’s U.S. presidential election. That uncertainty extends to the impact of U.S. elections on stocks prices, judging by the voluminous and often contradictory research on the topic. The most frequently cited paper, according to Davis, is a 2003 article in the Journal of Finance by… Read More »
Discipline problems typically begin with experiences of frustration. Frustration is a function of not meeting goals and expectations. Many times, traders try to adopt psychological strategies for combating frustration. These can be helpful, but they don’t get at the root of the frustration problem. If we do not set challenging, but feasible goals, we cannot… Read More »
1. FII sold 3765 Contracts of Index Future,worth 120 cores with net OI increasing by 14883 contracts. 2. As Nifty Future was closed as same level as on Friday but with positive bias ,Open Interest in Index Futures increased by 14883, so FII booked profit in longs and intitated fresh shorts in Nifty and Bank… Read More »
I’d argue that those who have a difficult time taking a break from the trading world and thus the accompanying stress are also poor managers of risk. Having risk in the market is a given. Not having discipline to manage that risk is where they fail. We’ve all had that gut feeling that X is… Read More »
1. FII bought 28193 Contracts of Index Future,worth 702.43 cores with net OI decreasing by 37081 contracts. 2. As Nifty Future was up by 63 points and Open Interest in Index Futures increased by 37081, so FII initiated fresh longs in Nifty and Bank Nifty Futures. 3. NS closed at 5697 after making a high… Read More »
Next week promises to be action packed week as 5 heavy weight SBI, ONGC, Tata Steel and Coal India comes up with their results.US also goes down for election on Tuesday. Mahurat trading is only 6 trading session away and as seen from past Historical data Nifty tends to give 5-6% move pre or post… Read More »
Nifty Fibonacci Retracement Nifty Fibonacci Retracements from 5217-5815 are drawn in above chart,Major support at 61.8% Golden ratio at 5585 and Resistance at 5687. Nifty has closed above 5687 which is 78.6% retracement. Nifty Fibonacci Fans As discussed earlier Fibo Fans helps in finding potential tops and Bottom of market from short term prospective. If… Read More »
4 November :Cipla announces Q2 results on Monday. 5 November 2012. Tata Power and Reliance Infrastructure on Tuesday. 6 November 2012. Hindalco Industries and its US unit Novelis Inc. unveil Q2 results on the same day. 7 November 2012:Bharti Airtel and Tata Motors unveil Q2 results on Wednesday. … Read More »