FIIs bought 2298 contracts of Index Future (bought 10405 long contract and 8107 shorts were covered ) worth 72 cores with net Open Interest increasing by 18512 contracts.So as Nifty formed a DOJI, FII’s have created both long and short position in index future. Nifty continued with its rise for 3 day again and closed around the… Read More »
All traders should have a good trading plan. One of the worst bad habits a trader can have is trading impulsively and without any guidelines. Traders who take the time to make a trading plan are much more likely to succeed, but even with a plan in place we can develop bad habits. A trader… Read More »
FIIs bought 10876 contracts of Index Future (bought 6420 long contract and 4456 shorts were covered ) worth 313 cores with net Open Interest increasing by 1964 contracts.So today rise of 132 points in NF FII’s have not bought any major buying in NF and still 36k contract of shorts are there in the system. Nifty continued… Read More »
Bank Nifty Hourly Bank Nifty hourly is resisting to its 50 HMSA, 2 Hour close above 10900 will give strength to bulls, Holding 10900 Bank Nifty can rally all the way upto 11400 odd levels. Bank Nifty Daily Bank Nifty on daily chart took support at its 100 DMA and after whipsawing the rising trendline… Read More »
Nifty Hourly Chart Nifty once it will move above its 50 HSMA,will be good for bulls in short term. Nifty Daily Chart Nifty Daily chart took support at 50 DMA and bounced back last time also Nifty bounced from 50 SMA and moved till life highs, so will this time see another life highs.… Read More »
I am often asked during my trading sessions – how long does it take to learn how to trade ? That is a tough question to answer. The short answer is that a diligent person can learn the basics of trading in a couple months. The long answer is that it can take a lifetime… Read More »
As a trader, you have probably heard the old adage that it is best to trade with the trend. The trend, say all the pundits, is your friend. This is sage advice as long as you know and can accept that the trend can end. And then the trend is not your friend. Believe What… Read More »
This is an Interesting information for all the Die Hard Bulls and Bears. Looking at Fed Yellen Testament yesterday it seems to be true. There has been a lot of concern that US stocks have gone too far lately without a 10% correction. The fear is that, if the market goes on too long… Read More »
As its a long weekend, market has been Topsy turfy in past 4 trading session, Let me discuss a real life incident of my student how he was afraid of trading and how after going through the training he transformed himself in a profitable trader.The same story repeats with many traders and hope the example… Read More »
Yes Bank Yes Bank took support at downward falling trendline,Positional traders should keep an eye on 343 level, any close above it short is heading towards 356 and 369 in short term. Buy above 333 Tgt 336,342 and 348 SL 330 Sell below 329.5 Tgt 325,318 and 313 SL 331 JSPL JSPL is… Read More »