Introduction Over the last quarter, policymakers around the world have confronted increasingly difficult challenges. Globally, even as the growth momentum has slowed, governments have had to manage the balance between fiscal consolidation and growth stimulus amidst visible signs that the two objectives are in conflict with each other. As the advanced economies (AEs) deal with… Read More »
A common trait among newer traders, or among traders that are not profitable is a need for perfection. With so much noise in the media, blogs, and forums about calling tops and bottoms, one would think it’s a trader’s job to predict such things. Expecting to nail the top or bottom is a recipe for… Read More »
RBI macro view on Indian Economy was out today and the most important take away was: “Monetary policy needs to be cautious in the interim, focusing on inflation while using the available space to support growth to the degree it can,” It indicates interest rates are likely to go down but will it be tomorrow… Read More »
You always want to be careful to ask yourself those questions that will get you where you want to go? “How can I become a better trader?” “How else can I become a better trader?” are both good questions. Never ask yourself toxic questions such as “Why do I always lose?” Worse still, “Why am… Read More »
Cabinet Reshuffle done with young guns inducted , PM ruling out possibility of early election will be a sentiment booster for Capital Markets. RBI policy on Tuesday will Keep nifty volatile till Tuesday 11 PM. 1. FII sold 12946 Contracts of Index Future,worth 353 cores with net OI decreasing by 5158 contracts. 2. As Nifty… Read More »
Equity markets had a tranquil week as Nifty continue to move in sideways mode,ended the week on a flat note.October Derivative expiry also was unable to move market out of its slumber state and November Expiry started on profit booking mode but Nifty continue to trade in range of 5635-5725. Next Week Key events are… 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 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… Read More »
1. FII bought 31109 Contracts of Index Future,worth 903.89 cores with net OI decreasing by 312403 contracts. 2. As Nifty Future was up by 9 points and Open Interest in Index Futures decreased by 312403, so FII have covered their positions and from tommorow will start afresh. RollOvers have been on long side as Nifty… Read More »
1. FII bought 810 Contracts of Index Future,worth 87.97 cores with net OI increasing by 17458 contracts. 2. As Nifty Future was down by 30 points and Open Interest in Index Futures increased by 17458,so FII covered longs and initiated fresh shorts in Nifty Future and Bank Nifty.October Series has been a non event series… Read More »
90% of option traders lose money Even people who are highly knowledgeable about the financial markets and work in the industry do poorly. There is evidence all over the place that losing money in options is normal and “everyone in the know knows it”. I never got good at options trading, but I never encountered… Read More »