FII FnO Analysis for 17 May trade in Nifty Future Nifty continued with its free fall as per our analysis,but many traders have stuck with longs at higher levels and question in everyone mind is when will the reversal come.Can it come at 4800 or 4500 etc. If you want to be profitable trader you… Read More »
Voltas Pennant Formation with support emerging at 200 DMA,Breakout above 111.2 and breakdown below 105 Buy above 111.2 Tgt 112.4 and 114.2 and 115.7 Sell below 109.9 Tgt 107.4,105,104.2 and 102.9 Educomp Educomp made a new 52 low yesterday at 152 and short covering rally,On medium term break of 152 opens gate till 99… Read More »
FII Derivative Stats for 16 May Trade in NF 1. FII sold 3873 Contracts of NF worth 66 cores OI increased by 397. 2. As Nifty Futures was up by 54 points and OI has increased by 397 , which signify partial shorts have entered the system. 3. Nifty has closed below 5000 for… Read More »
Below is my FII interpretation for FII datasheet for 15 May 1. FII sold 14152 Contracts of NF worth 327 cores OI increased by 19634. 2. As Nifty Futures was down by 43 points and OI has increased by 19634 , which signify more shorts have entered the system. 3. Nifty has closed below… Read More »
Larsen and Tubro LT will be coming today with its results Stock is at its breakout or breakdown level. Buy above 1144 Tgt 1161,1184 and 1209 Sell below 1119 Tgt 1100,1076 and 1060 Hindalco Industries Hindalco Industries is near its short term bottom of 111. Sell below 111 Tgt 109.7,106.7 and 105 Bombay Dyeing… Read More »
Below is my FII interpretation for FII datasheet for 14 May 1. FII sold 16809 Contracts of NF worth 379 cores OI increased by 38191. 2. As Nifty Futures was down by 35 points and OI has increased by 38191 , which signify more shorts have entered the system. 3. Nifty has closed below 5000… Read More »
As discussed in last week analysis Nifty Technical Structure look weak and Nifty corrected and closed below 200 DMA on a Weekly Closing basis. GAAR has been delayed by 1 Year and we got a news based rally which got sold into showing the supremacy of Technical Analysis.Last Week we shorted below trend deciding level… Read More »
Trading is always a high return high risk game and it needs nimble trading approach with tons of discipline. Traders say its the Big traders who move the market and we end up making loss. Well i do not buy this reasoning. The most Important part in trading is trading discipline and trading system(Throughly… Read More »
Systems don’t need to be changed. The trick is for a trader to develop a system with which he is compatible. I don’t think traders can follow rules for very long unless they reflect their own trading style. Eventually, a breaking point is reached and the trader has to quit or change, or find a… Read More »
Below is my FII interpretation for FII datasheet for 11 May 1. FII sold 3125 Contracts of NF worth 45.54 cores OI increased by 14803. 2. As Nifty Futures was down by 17 points and OI has increased by 14803 , which signify more shorts have entered the system. Yesterday as we pointed out FII… Read More »