For the reference of readers i have made the performance sheet for the Month of March Expiry, can be accessed from http://tradingsystemperformance.blogspot.in/ . Calculation are based on trading with 1 lot of Stock Futures Rs 100 is deducted as Brokerage and Taxes DLF DLF share we analyzed on 25 March stating bottom should be made… Read More »
FIIs sold 14600 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 417 cores with net Open Interest increasing by 6960 contracts. Risk Management Rule for Traders Nifty kick started the financial year on a positive note managing to close above the 5700 mark. NS closed at 5704 after making high of… Read More »
Reliance Reliance share has broken its medium term trendline and stock gave waterfall decline 823 to 764 in 3 trading sessions. Stock has come near its demand zone of 764 and bounced back sharply in last trading session.Stock is also trading below its 200 DMA which gives bearish indication for short term. Sell below 771… Read More »
Stock Market has a woobly roller coaster ride last week opening with a gap after Cyprus Drama came to an end, giving up gains after SP Supremo,Mulayam Singh threatened to withdraw support to the ruling coalition and finally gave an expected pullback on derivative expiry,Nifty ended up by 0.6% or 31 points WoW basis The first… Read More »
This article will help newbie traders in understanding the difference in premium and discount in Nifty Futures and how to use them in trading. Nifty Futures is a financial instrument in which futures contracts are done on the basis of CNX Nifty index which is the benchmark of NSE. Nifty Futures keep moving in Premium… Read More »
Lets illustrate the trading emotion using an Intraday Trades,similar emotions can occur over Swing trades and positional trades ranging for weeks or even months. 9:15 AM: You watch as the market opens. You are looking for a good buy entry point into Reliance Infra@330 based on your analysis you think that Reliance Infra has bottomed out… Read More »
Every traders wants to trade Big with a well funded trading capital of at least 10 lakh but very few are able to achieve this feat. Its often said Making the First Million is the most difficult thing once achieved money will flow in your coffers. Trading small account is very difficult when compared… Read More »
Tata Motors Tata Motors after making the swing high of 311 has been falling like 9 pins with rest of the market. Stock broke it all important support of 280 and is now near its important support of 200 DMA, which stock has been defending from past 3 trading sessions.Holding the same pullback can be… Read More »
Wishing Readers Very Happy , Colorful HOLI ! Volatile March Expiry is coming to an end, It raised Hope of Nifty conquering 6000 at one point of time and now we are facing danger of breaking important support of 200 DMA. Feb Expiry happened at 5693 yesterday we closed at 5641 so over 20 days… Read More »
A random person is pulled off the street and given 100,000 to trade. They have no prior experience which, on the bright side, means they have no bad habits, emotional baggage, or preconceived notions. Before trading they go through a five day crash course on market basics (order entry process, chart reading, pattern recognition, etc…). … Read More »