Below is my Interpretation of FII OI data Sheet for 10-Jan-11. 1. FII bought 43859 Contracts in NF worth 1054.37 Cores in Index Futures with Open Interest increasing by 32891 contracts. 2. As NF was up by 120 points and OI has increased today, with rise in price so FII have created long in Index… Read More »
When a position is getting ready to stop you out at a loss, do you find yourself bargaining with the name? Do you find your frustration level rising? Do you justify the reason for the move against you, and give it a little more room, only to get stopped out at a bigger loss? Or… Read More »
Below is my Interpretation of FII OI data Sheet for 9-Jan-11. 1. FII bought 4359 Contracts in NF worth 107.69 Cores in Index Futures with Open Interest decreasing by 13454 contracts. 2. As NF was down by 9 points and OI has reduced today, with fall in price so FII have used the morning… Read More »
Rule One of the professional trader is: When a stock doesn’t do what you expect it to do, sell it. No hesitating, no questions or doubts raised no conjectures of the way it should have turned out, or might still turn out, no dreams of how it will do what it was supposed to do… Read More »
The Opening Week of New year 2012 was won by Bulls as Nifty closed up by 2% in a range bound and dramatic closing of week as market was open on Saturday also. One interesting observation i found out on Facebook thought of sharing with readers On 6 Feb 2010 Markets were open on Saturday… Read More »
Nifty did again the Unexpected Making everyone Bearish Today Blue Channel talking about 4600 Traders holding Bulk of Puts and Than came the U-turn and an awesome rise in 15 mins. Traders who were short need to cover at high price or might be still holding the shorts in a HOPE of nifty coming down.(Well… Read More »
Below is my Interpretation of FII OI data Sheet for 5-Jan-11. 1. FII bought 12,994 Contracts in NF worth 313.55 Cores in Index Futures with Open Interest increasing by 23116 contracts. 2. As NF was down by 5 points and OI has increased today, As price was down marginally and FII were buyers as… Read More »
“The best traders don’t think about how many millions they need to make each year. They focus on making the best trading decision they can with each trade they make. And if there isn’t a good trading opportunity right now, they have the discipline to do nothing and just wait. Concentrating on one trade at… Read More »
Below is my Interpretation of FII OI data Sheet for 4-Jan-11. 1. FII sold 6528 Contracts in NF worth 148 Cores in Index Futures with Open Interest increasing by 17730 contracts. 2. As NF was down by 23 points and OI has increased today, As price was down marginally and FII were sellers so… Read More »
The greatest fault of ninety-nine out of one hundred active traders is being bullish at high prices and bearish at low prices. Therefore, refuse to follow the market beyond what you consider a reasonable climax, no matter how large the possible profits that you may appear to be losing by inaction Bank Nifty Bank… Read More »