Motivational Message for Traders — I SUCCEED BECAUSE I FAIL
Yearly Archives: 2013
EUR/USD Forecast
The EUR/USD pair made high of 1.36 on 1 feb and has been falling mode with Cyprus Bailout and overall economic deterioration of EU countries, However, we are reaching a fairly noisy area below, and we think the 1.28 level should continue to be a “bottom” to the market for the time being. We have… Read More »
Technical Pick: Reliance Ind, LT and Canara Bank
Reliance Industries Reliance Industries made high of 955 on Q3 result day and has been falling relentlessly till 800. Stock has broken its medium term trendline as shown in above chart. As per classical TA Support has become resistance and stock is unable to cross the trendline as seen in today’s trading session when stock… Read More »
Nifty near 200 DMA,FII F&O Analysis for 26 March
FIIs bought 7087 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 198 cores with net Open Interest increasing by 99,129 contracts.Take the Test Winners and Losers in trading .As Expiry is just 2 days away Wednesday being an Holiday, FII have rollovered their positions to next series, thats the reason we… Read More »
Winners and Losers in trading
Go through the below Points and Decides Which side you are on ? Losers don’t set stop loss order expecting to be faster then the market in case of reversal; winners know that any time news can make the price reacts suddenly. Therefore use protective stop loss in case of news release. This one… Read More »
Cyprus clinch Bailout deal
It appears the ‘deal’ to default/restructure the banks has been designed to bypass the need for parliamentary votes, since it is theoretically not a tax. While we have little color on what kind of carnage the President of Cyprus had to accept to his fellow countrymen, the news is that : *CYPRUS, TROIKA REACH AGREEMENT… Read More »
IDFC,SBI and DLF Technical Analysis
IDFC IDFC has taken support at its medium term trendline and has given a strong pullback in a weak market.As per Gator oscillator, Green Bar is formed which signify Alligator has woken up and is ready to eat, Stock will continue its pullback once it closes above 145.5 Buy above 144.2 Tgt 145.2,147 and 148.4… Read More »
Nifty Weekly Analysis for March Expiry 2013
Trading in stock markets will be volatile in Holiday shortened week and March Derivative expiry, Political Uncertainty after DMK pullout on local front and Cyprus Bailout worries on Global front are added flavors for next week trading .Stock prices whipped on downside in volatile week and Nifty ended down 2.8% or 221 points WoW basis.… Read More »
How to trade Descending Triangle Chart Pattern and False Triangle Breakout
In Continuation with Last week article of Trading Stocks with Symmetrical Triangle’s Chart Pattern and How to trade Ascending Triangle Chart Pattern lets discuss another triangle pattern Descending Triangle Pattern Descending Triangle: This pattern comprises of 2 trendline, one drawn horizontally to mark the support, second trendline is downward sloping trendline formed by joining the… Read More »
Why Capital Money is Treated as a Social Control and Investors as a Financial Slaves
Introduction It has been said many times before that the world of politics is an area of unanticipated irony. Not so long ago, a population of dreamy-eyed hopefuls stood in front of a President-elect and wanted to believe in the practical and prudent ways that were laid out so seemingly trouble-free. From where we stand today,… Read More »