New traders may get lucky for awhile and bad traders may win big in the short term but in the long term the market gives every trader exactly what they have earned. While traders can win in the long term with many different types of robust trading methods a trader with no self control will… Read More »
Highlights of Economic Survey 1. FIIs sold 25 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 1.4 cores with net Open Interest increasing by 38839 contracts.FII has done rollovers yesterday and will trade heavily in March segment tommrow. 2. General Budget of 2013-14 will be presented tommrow at 11 AM. Lot… Read More »
General Budget will be presented by Finance Minister P Chindbram on 28 Feb.Budget is one of the most awaited events from stock market perceptive.We see Nifty trading in wide range of almost 150+ points and volatile moves will be seen. As most of retail investor will prefer trading the Option Route to trade ( They… Read More »
The government today tabled the Economic Survey for 2012-13 (Apr-Mar) in Parliament. Following are the highlights: GROWTH, INFLATION * Indian economy likely to grow 6.1-6.7% in FY14 * WPI inflation may decline to 6.2-6.6% in Mar * Lower inflation to create room for more rate cuts * Growth downturn more or less over, econ… Read More »
Technical analysis reflects the voice of the entire marketplace and, therefore, does pick up unusual behavior. By definition, anything that creates a new chart pattern is something unusual. It is very important for me to study the details of price action to see if I can observe something about how everybody is voting. Studying the… Read More »
Railways Budget did not went well with market, as there was no fare hikes and freight rate hike. Some sweet talking and big propaganda plans which mostly remain on papers.Market took this as a sign of General Budget coming negative and tanked. Highlights of Railway Budget for 2013-14 1. FIIs sold 43754 Contracts of Index… Read More »
Core Education shares dropped as much as 65 per cent to Rs. 99 before making some recovery. It is India’s largest global education company and provides transformational and innovative solutions in the education space. Core Education had reported a consolidated sales turnover of Rs. 485 crore and a net profit of Rs. 68 crore for… Read More »
Following are highlights of the Railway Budget for 2013-14 (Apr-Mar), presented by Railway Minister Pawan Kumar Bansal in Lok Sabha today: FY14 BUDGET * Rail land development authority allocation 10 bln rupees * FY13 railway losses seen 246 bln rupees vs 225 bln yr ago . 12TH PLAN * 12th Plan gross budgetary support 1.94… Read More »
“Strategies don’t make money – people do. I have taught the same strategy to hundreds of people, all of whom have achieved different levels of success .What is the difference? The person!” Godrej Industries Godrej Indutries is trading in Horizontal channel, trading in the range of 332-283. Stock is also near its 200 DMA which… Read More »
1. FIIs sold 14729 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 432 cores with net Open Interest increasing by 33077 contracts. Are you trading on Luck or trading Skills ? 2. As CNX Nifty Future was up by 4 points with Open Interest in Index Futures increasing by 33077 so… Read More »