Know yourself. – You can’t improve on something you don’t understand”. Vince Lombardi Leadership Rule#1 All successful traders have one common trait they have high understanding about themselves. How they react to certain situation, they envisage themselves in such situation like when their Stoploss gets trigger how they will react and such emotions are… Read More »
HCL Tech IT sector is on a run after cognizant increased its full year guidance. HCL Tech, TCS are making life Highs. HCL Tech is trading in Horizontal channel between 650-720. Wide range of 70 points. Looking at Huge negative divergence in RSI, I expect Stock keep trading in its horizontal channel. Sell below 707… Read More »
1. FIIs sold 13219 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 390 cores with net Open Interest increasing by 14511 contracts. Stock Trading Success:Overcome these Obstacles 2. As CNX Nifty Future was down by 36 points with Open Interest in Index Futures increasing by 14511 so FII have created fresh… Read More »
To be a successful trader, a person needs to face up to the below mentioned psychological obstacles and master his own mind. Without resolving these issues success in trading is inevitable. 1 Greed, the urge to make as much money as possible, and fear that he will lose it all. 2 Low confidence in himself or… Read More »
SBI SBI will be coming out with its results today around 12-1 PM, Stock has been falling from 14 trading sessions on expectation of bad results. Its said banks will only be able to recover 30% of the load given to Kingfisher airlines. So rise in NPA is expected which street will not like. As… Read More »
1. FIIs bought 5047 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 152 cores with net Open Interest increasing by 7847 contracts. Time to be Cautious Investor Sentiment at all time High:Extreme Bullishness 2. As CNX Nifty Future was down by 5 points with Open Interest in Index Futures increasing by… Read More »
Movements in equity prices are driven by many factors, such as the economy, government policy, earnings, interest rates and valuation. But we think tactical moves (<3 months) are often better explained by sentiment, positioning and technical. While macro, policy and valuations matter, sentiment has worked well in recent years as a contrarian tool to identify… Read More »
Many traders whom i have interacted during my trading course sessions and in other forums have no idea about the returns they expect out of market. Having an expectation will help you in trading as you have some goals to achieve and you will work to reach them. If one goes for Fixed deposit you… Read More »
Sun Pharma Sun Pharma has been rising, once the company decided not to buy TARO. Stock has ben respecting its long term trendline rising steadily.Sun Pharma is forming an Inverse Head and Shoulder pattern with neckline at 776. Pattern gets active above 776 only and target comes around 850. Buy above 776 Tgt 782,791 and… Read More »
1. FIIs sold 7917 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 237 cores with net Open Interest increasing by 3115 contracts. Do you trade on Hope ? Read this Traders biggest enemy :HOPE 2. As CNX Nifty Future was up by 20 points with Open Interest in Index Futures increasing… Read More »