Readers have been requesting a through analysis for Bank nifty, So below is the technical analysis of Bank Nifty in all time frames so as to understand the future move and milking money out of the next move. Bank Nifty Daily Chart Bank Nifty crossed its long term trendline resistance of 12300 and closed above… Read More »
1. FIIs bought 12403 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 369.46 cores with net Open Interest increasing by 9919 contracts. 2. As CNX Nifty Future was down by 25 points with Open Interest in Index Futures increasing by 9919, so FIIs have created fresh shorts in Nifty and Bank… Read More »
After such an stupendous rise consolidation will be the name of game for the coming week, This is what we discussed last week analysis and Nifty made minor gains of 27 points in last week trading. Industrial production on 12 Dec and wholesale price inflation numbers on 14 Dec would be seen with close eyes… Read More »
Fibonacci technique Fib retracements Fibonacci Ratios are drawn in above chart from 4555-5633 showing Fibonacci support and Fibonacci resistance. 5945Fibonacci resistance on Weekly basis as discussed last week. Nifty made a High of 5949 fall back all way to 5839 before recovering till 5907. Still 5953 will be a tough resistance to cross. … Read More »
Nifty Range technical trading system or Time Trade System helps a trader to trade nifty profitably. The core concept of trading system lies in the fact that Nifty remains in a range of 60 points for at least 10-13 trading session in an particular month expiry. We have at most 5 trading days when Nifty futures… Read More »
Managing the risk of ruin.Do not risk so much on any one trade that 10 losing trades in a row will destroy your account. risking 1% to 2% of your trading capital per trade is a great baseline for eliminating the risk of ruin.When you do intraday trades or positional trades keep an eagle eye… Read More »
There is a big difference between Losing traders and good and profitable traders, here is what I think separates one from the other: Losing traders continually have the desire to short the hottest stocks with the strongest momentum. What is their reasoning? “It can’t go any higher, this price is ridiculous.” Do they understand it… Read More »
The key to trading success is emotional discipline. If intelligence were the key, there would be a lot more people making money trading… I know this will sound like a cliche, but the single most important reason that people lose money in the financial markets is that they don’t cut their losses short.” IDFC IDFC… Read More »
Bhenji Party’s and its 15 Rajya Sabha MPs will vote in favour of the government’s decision to allow Foreign Direct Investment in multi-brand retail and this lead to the sudden spurt in Nifty. 1. FIIs sold 3637 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 106.78 cores with net Open Interest… Read More »
Despair = Losing Money – Trading Better Do not despair look at your losses as part of doing business and as paying tuition fees to the markets. Disappointment = Expectations – Reality Enter trading with realistic expectations. You can realistically expect 20%-35% annual returns on capital with great trading. More than that is… Read More »