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 »
Education plays an important role in shaping the way traders think about trading. A formal business education can give you an edge in understanding the economy and the market in general–but it is no guarantee of success in trading. Most of the information you learned in a formal college setting will not give you the… Read More »
King of D-Street finally woke up from long slumber and fired 6% at a shot. I am talking about Reliance Industries. It broke above 751 and made a high of 789. RIL going in such a fashion after almost 3 years and give us some intuition of big moves coming in Nifty. This is still… Read More »
1. FII sold 14453 Contracts of NF ,worth 348 cores with net OI increasing by 5075 contracts. 2. As Nifty Future was down by 5 points and OI has increased by 5075 contracts means FII have done partial profit booking in longs still no evidence of shorts getting added at higher levels, as NF… Read More »