FIIs bought 20132 contracts of Index Future (sold just 388 long contract and 20520 shorts were squared off) worth 592cores with net Open Interest decreasing by 20908 contracts. SO FII’s today were on short covering spree and in series net on net they have covered most of shorts still holding significant amount of long contracts. As discussed… Read More »
If you want to trade in Stocks/Commodity/Forex you need to know what you’re getting into. Trading is not for gamblers but for professionals.For many novice traders trading looks easy but after few trades harsh reality of trading comes out. To make your job easy i am discussing few important question you need to ask yourself… Read More »
Bank of Baroda Bank of Baroda is respecting its Fibo fan levels and also closed below an important Gann number of 555.Bullish move above 555 for target of 576 and 589. Positional Shorts should be initiated below 520 for target of 500 and 476. Intraday Traders can use the below mentioned levels Buy above 539… Read More »
FIIs sold 664 contracts of Index Future (Bought 5011 long contract and 5675 shorts were added) worth 46 cores with net Open Interest increasing by 10686 contracts. SO FII’s are doing Intraday trading in market and enjoying the market volatility. As 2 major news based event in coming 2 days so less commitment to overnight positions. Nifty… Read More »
In Our last analysis, Has Indian Rupee made Short term Top, Weekly Analysis Rupee made the top and started correcting achieved our last target of 64.4. Lets analyze where is Rupee heading in coming week we have crucial event as Fed Tapering and RBI Policy. USD INR Hourly USD INR Hourly charts have pulled back… Read More »
PNB PNB has been following its fibo fan perfectly. Stock is near very important Gann number of 521. Any close above 521 gives short term target of 555. Intraday Traders can use the below mentioned levels Buy above 521 Tgt 527,534 and 540 SL 514 Sell below 512 Tgt 508,500 and 494 SL 514 … Read More »
Last week we gave Trend Deciding level as 5686 Nifty Nifty opened with big gap up and traders were unable to enter longs 🙁 .The government unveils data of inflation based on the wholesale price index (WPI) for August 2013 on Monday, 16 September 2013. WPI inflation is seen accelerating to 5.9% in August 2013… Read More »
Last Week we gave the Trend Deciding level as 9976 Bank Nifty opened with Huge Gap up but 11 Sep gave us entry made low of 9980 just 4 points away from our Trend Deciding levels and achieved 2 target on upside. The data on wholesale price index (WPI) for August 2013, the outcome of… Read More »
Continuing with my previous week article Trading Lesson Learnt From my Trading Guru I hope many traders who are trading or willing to start trading will be facing with the same dilemma and confusion so today am sharing few fundas i got from my trading guru. Use them and see the change in your trading.… Read More »
Failure is part and parcel of trading but till a certain limit. At first if you don’t succeed, try, try again. And when you fail as a trader repeatedly fail and bust your trading account, is it’s wise to continue trading ? Long ago psychologists mapped out something called the inverted U theory of stress and… Read More »