FIIs bought 11031 Index Future worth 332 cores with net Open Interest decreasing by 219456 contracts,Nothing much to read in today’s data as FII closed/rollovers their position, Will get more clarity tommrow. Can Retail traders make money in Stock market? Yesterday we had discussion on channel break and today we saw the follow up down… Read More »
Thought Provoking article India further eased rules on foreign direct investment in a range of industries in an attempt to boost the economy which grew at its slowest pace in a decade during the 2012-13 financial year. Economic analyst Paranjoy Guha Thakurta explains what ails Asia’s third-largest economy. For Prime Minister Manmohan Singh, the irony… Read More »
Bata India Bata India has been respecting the fibo fans level and stock has broken the 3X8 line of fibo fans with bearish engulfing pattern.Break of 892 can lead to further weakness in stock till 843 odd levels. Buy above 904 Tgt 915,923 and 932 SL 895 Sell below 892 Tgt 882,870 and 850 SL… Read More »
FIIs bought 15422 Index Future worth 481 cores with net Open Interest increasing by 21702 contracts.FII’s went long in Nifty Futures and shorts were added in Bank Nifty futures. Can Retail traders make money in Stock market? RBI again surprised the market participants with a renewed efforts to shore up the currency by tightening cash… Read More »
Amateur retail traders tend to think that the professional trader or Institutional investor have some sort of secret knowledge/system that enables them to make huge profit in trading. However, the difference between a retail traders trying to make consistent profit and a professional traders zeros down to the trading mindset and trading psychology.The difference between… Read More »
Hero Moto Hero Moto stock has entered in crucial resistance range of 1809-1830. Unable to cross the range can see stock pullback to 1741 1700 odd levels.Any close above 1830 stock will rocket back to 1900 odd levels. Buy above 1791 Tgt 1810,1830 and 1850 SL 1771 Sell below 1760 Tgt 1741,1727 and 1710 SL… Read More »
FIIs bought 33796 Index Future worth 1030 cores with net Open Interest increasing by 69450 contracts.FII’s went long in Nifty Futures and shorts were covered in Bank Nifty futures. Are you suffering from Fear of losing in Trading? Sensex closed at 2.5 Year high today, Nifty opened with a gap of 30 points and entered… Read More »
How do you feel when the trade you made went against you and you need to incur loss. The first thought an amateur trader will have is “This was not supposed to happen!”. There was no way it could work against you. After you have booked loss comes the most testing time for trader:Ideally a … Read More »
Bank of Baroda Bank of Baroda stock has been trading in range of 540-595 for past few trading session.Unable to cross 595-597 range tommrow we can again go back to lower end of trading range. Buy above 595 Tgt 599,606 and 610 SL 589 Sell below 583 Tgt 578,574 and 568 SL 589 Shriram… Read More »
FIIs bought 23640 Index Future worth 714 cores with net Open Interest increasing by 35590 contracts.FII’s went long in Nifty Futures and Still maintaining shorts in Bank Nifty futures. Nifty is not doing much moves and we are seeing Stock Specific moves, Today we had minted good money in LT and Asian paint as discussed… Read More »