During my interaction with traders during my trading course,I came to know most of traders who loose money will keep changing their trading system the day it give them a loss. Till its milking money traders stick to it, but if 2-3 trades goes wrong they will keep the trading system on back burner and… Read More »
GAIL Gail has been trading in range of 400-335 and is near its horizontal trading channel support of 335 which it has been holding from past 10 months.Bounce back be expected if 335 is not broken on hourly basis. Buy above 338 Tgt 341,344 and 347 SL334 Sell below 331.5 Tgt 328,326 and 322 SL… Read More »
1. FIIs sold 3647 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 105.22 cores with net Open Interest decreasing by 2615 contracts. Trader Self-Evaluation by Van K. Tharp, Ph.D. 2. As CNX Nifty Future was down by 12 points with Open Interest in Index Futures decreasing by 2615 FII have booked … Read More »
by Van K. Tharp, Ph.D. One of the best article read in recent times, sharing with the readers. In my work with traders and investors I believe the most significant work that anyone can do to increase market returns is self work. Really understanding yourself and how you think can give you an edge that… Read More »
Maruti Maruti has been trading in an uptrending channel and has approached the higher end of channel at 1640, Stock can see a pullback if unable to do a channel Breakout. Sell below 1624 Tgt 1613,1600 and 1595 SL 1628 Buy above 1630 Tgt 1639,1650 and 1655 SL 1625.3 Bata Bata is forming a… Read More »
1. FIIs sold 18902 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 563 cores with net Open Interest decreasing by 11282 contracts. Misconceptions Of Stock Trading Part -I 2. As CNX Nifty Future was down by 1 points with Open Interest in Index Futures decreasing by 11282 FII have booked some… Read More »
Its Febuary and People will be rushing to Buy Mutual Funds so as to save Rs 1 Lakh, Please go through the tricks the MF sellers might use to lure you. Consider fund ‘X’, which was one of the worst-performing funds from the markets’ January 2008 peak to their March 2009 bottom. During this period,… Read More »
“Two of the cardinal sins of trading—giving losses too much rope and taking profits prematurely—are both attempts to make current positions more likely to succeed, to the severe detriment of long-term performance.” -William Eckhardt United Spirits United Spirits deal with diego has cleared SEBI and stock looks bullish looking at the charts once it crosses… Read More »
1. FIIs sold 22273 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 663 cores with net Open Interest increasing by 6345 contracts. Misconceptions Of Stock Trading Part -I 2. As CNX Nifty Future was down by 21 points with Open Interest in Index Futures increasing by 6345, FII have created fresh… Read More »
Today we will start discussion on widespread misconception that are floating around the trading community and gets lodged into traders minds. I have been talking to many traders every week, during our talks the misconception will finally come up. A lot of these are inaccurate and ineffective ideas,which lead traders into a cycle of bad… Read More »