Losses are tough. Errors and mistakes are bothersome. And, yet there’s almost always a lesson in there if you remain alert to improving. I’ve always said that mistakes are okay if you acknowledge them and learn from them. James Joyce said, “Mistakes are portals of discovery.” As I trade and make mistakes, I say to myself,… Read More »
It all Boils down to Indian Rupee,The way its hitting new high everyday Indian Economy is facing difficult days as Balance of Payment and Crude Oil Imports are adding as double whammy.INR hits new Life time low of 55.47,going gets tougher for Pranad Da. 1. FII bought 23630 Contracts of Index Futures worth 572 cores… Read More »
“Deciding when to cut your losses is one of the toughest decisions for anyone to make, but traders at the top of their game know that they always have to make the decisions they need to make, which may or may not be the ones they want to make” Opto Circuit Opto Circuit would be… Read More »
FII FnO Analysis for 22 May trade in Nifty Future 1. FII sold 22391 Contracts of Index Futures worth 547 cores OI increased by 3607. 2. As Nifty Futures was up by 4 points with OI increased by 3607 , FII has liquidated there longs created on Friday and still no fresh shorts have been… Read More »
NMDC Symmetrical Triangle Formation with breakout above 179. Buy above 179 Tgt 183,186 and 188 Sell below 174.5 Tgt 171,169 and 166 Ge Ship Ascending Triangle Formation in GE ship with base formation at 235 odd levels.Breakout above 249 will lead to initial buying till 254 odd levels. Buy above 247 TGt 249,253… Read More »
FII FnO Analysis for 21 May trade in Nifty Future As we have discussed in Last Thursday (Click on Link to see ) post Nifty looks ripe for Bounce and fresh shorting should not be done,Nifty obliged us with opening gap down and showing a quick recovery and rallied to almost 122 points. Hope traders… Read More »
Nifty continued with its down move and made a low of 4788 but outperformed rest of world markets as we are down only 0.8% WoW basis. Last week as we discussed below 4995 trend remain bearish and Nifty made a high of 4957 and reached to 4788.Click Here to Read the Previous Week Analysis … Read More »
Before taking a trade how many times have you thought i will buy at bottom and sell at top. How many times have you removed your Stoploss after feeding it but removed it once price started coming near Sl. How many times have you lost all profits earned in a trade and end up being… Read More »
FII FnO Analysis for 18 May trade in Nifty Future 1. FII sold 10589 Contracts of Index Futures worth 245 cores OI increased by 23887. 2. As Nifty Futures was down by 4 points and OI has increased by 23887 , which signify more shorts have entered the system. Unable to close above 4900 is… Read More »
Kotak Bank Facing a trendline resistance at 559. Buy above 559 Tgt 563,568 and 574 Sell below 549 Tgt 544,538 and 527 LIC Housing Finance Support at 200 DMA@234 and resistance at 247.4.Breakout above 247 will take the stock to 20SMA@252 Buy above 248 Tgt 250,252 and 254.35 Sell below 242 Tgt 240,236… Read More »