Trading is a profession where even if you are having 10 years of experience but still you might be losing money. So what are the qualities of loss making traders, If you are having any of them, Beware !! Get your act together and get rid of these bad habits. Loss Making Trader do… Read More »
SBI SBI as per last analysis clearly mentioned range of 1980-1974 very crucial range as per Fibo Spiral and Gann, Stock made low of 1970 and bounced back sharply at 2075 levels and closed at 2065 . Now next important gann number is at 2068 levels,unable to cross the same pullback will be expected .… Read More »
FIIs sold 10995 Index Future worth 321 cores with net Open Interest increasing by 43739 contracts. RBI policy turned out to be non event and nifty after making an intrday double bottom at 5770 gave a rally. Nifty has closed above 200 DMA is past 2 trading sessions. Now its approaching the crucial supply zone… Read More »
Great traders have really mastered a core set of skills: 1. They recognize when they are wrong. 2. They incorporate new information into their existing plans. 3. They execute at a high level. They perform. 4. They recognize when they are right, and they push their winners. Below, I review each core competency in greater… Read More »
RBI Monetary Policy 17th June 2013 Expectaton CRR (Exp 4.0%, Prior 4.0%) Repo (Exp 7.25%, Prior 7.25%) Reverse Repo Rate (Exp 6.25%, Prior 6.25%) RBI governor has given hint Inflation is still high, cutting hope of rate cut putting pressure on Bank Nifty further. So lets discuss how to trade Bank Nifty in coming week… Read More »
Next week will be crucial for both Indian and Wold market as the two central bankers – Duvvuri Subbarao and Ben Bernanke will be solving the puzzle markets have been contemplating from past 1 month . The RBI Governor on Monday will let us know if we are getting the rate cut and US Fed… Read More »
Most of traders during my interaction with them says the following ” Looking at most of indicators which were oversold we took long in market but the market keep on falling down and we need to bear huge loss” . Once the position you are holding is down by 5-6%, traders will not be interested… Read More »
Amateur traders find trading is shortcut way of getting rich quickly, But traders needs to be aware of the stressful aspects of trading and what to do deal with them.Its inevitable a trader has to experience this stressful time in his trading career. Below we have discussed stressful situation experienced by traders and how to… Read More »
Titan Titan stock has fallen like 9 Pins after RBI declaration on Gold came, Stock has fallen and touched its medium term trendline on weekly charts. Holding 201 the pullback will continue further. Buy above 224 Tgt 228,232 and 237 SL 220 Sell below 217 Tgt 214,211 and 208 SL 220 Apollo Tyre Apollo… Read More »
FIIs sold 16961 Index Future worth 484 cores with net Open Interest increasing by 37397 contracts,FII have initiated fresh shorts in index futures with nifty trading below 200 DMA, 3 day in row and rupee hovering near all time low. Nifty is approaching near an important upward rising trendline at 5640. Holding the same the… Read More »