As per Last Week Analysis Nifty made low of 5217 and High of 5349 as we discussed, Nifty has been grinding in a range of 5217-5249 for whole week, this is what happens when we have month of consolidation. Nifty Futures intraday players are having difficult time as nothing is happening,grinding in 20-30 points range.… Read More »
Traders Best weapon 1.Control Your Ego “Everyone wants to feel like a winner. It’s tempting to pat ourselves on the back for making a winning trade, but it’s essential to face the facts: Many times a winning trade is a combination of an astute insight AND being at the right place at the right… Read More »
Ship Corporation of India(SCI) SCI has closed above a crucial level of 59.8 and now facing the final hurdle at trendline resistance at 61.5 and 200 DMA@62. Todays rise was backed with volumes and any close above 62 can see quick move till 65 Buy above 60.5 Tgt 61.5,62 and 62.5 REC REC… Read More »
Infy did it again continued with its trend of below expectation results and market butchered the stock with a cut of 9%, We already discussed the technical on Infy and TCS which again proved the supremacy of technical analysis.TCS came with a good set of numbers and tomorrow expect fireworks in the counter 1295 is… Read More »
IT twins TCS and Infosys will be declaring there Q1 results today, A close look at charts reveal the out performance by TCS and Under performance by INfy after the declaration of Q4 Results. TCS has gaped up from 1074-1117 and is still holding the run away gap. After this formed a range from 1195-1295… Read More »
We have 4 important event tomorrow : 1. Infosys results before market opens (Infosys Technically explained) 2. IIP data at 11 AM 3. WPI data expected to be highest in recent times 4. TCS Results after market closes around 6 PM So its an eventful day and as Infy and TCS has combined weightage of… Read More »
Risk = The Distance to your Stop loss. Which means you have to have carefully studied where is the best place to put your stop. Its the exact %loss that will occur if your stop is hit. If you hold positions overnight, this distance is less defined, since large gaps will widen stops, I guess… Read More »
1. FII sold 4964 Contracts of NF ,worth 207 cores with net OI increasing by 19468 contracts. 2. As Nifty Future was up by 70 points and OI has increased by 19468 contracts means FII have initiated fresh longs in Index futures. 3. Nifty is still Buy on Dip till 5260 is not broken… Read More »
The goal of any trader is to turn profits on a regular basis, yet so few people ever really make consistent money as traders. What accounts for the small percentage of traders who are consistently successful is psychological—the consistent winners think differently from everyone else. The defining characteristic that separates the consistent winners from everyone… Read More »
It is said that wedding is a step to enter into a practical life and at the time when one is going to be bind in this sacred relation with a lot of prayers, wishes and compliments, it can be hoped that all will go well throughout life. Your wishes are asset of our life.… Read More »