The game taught me the game. And it didn’t spare the rod while teaching.” -Jesse Livermore Trading Losses: There are two types of losses, one loss is caused by the market simply not being conducive for the profitability of your system. The other loss is due to your lack of discipline causing your system not… Read More »
PNB Buy above 911 Tgt 928,940 and 951 SL 905 Sell below 899 Tgt 893,882 and 863 SL 905 IFCI Buy above 35.8 Tgt 36.3,37 and 37.5 SL 35.5 Sell below 35.2 Tgt 34.8,34.4 and 34 SL 35.5 Tata Steel Buy above 473 Tgt 478,485 and 497 SL 471 Sell below 466 Tgt… Read More »
FII’s bought 52.9 K contract of Index Future worth 2166 cores, 45 K Long contract were added by FII’s and 7.8 K short contracts were squared off by FII’s. Net Open Interest increased by 37.2 K contract , so FII added highest amount of long in index futures in October series. As discussed in past 2 days… Read More »
India Stock market are going through a Bull phase and is the best performing market for 2014. As market keep rising every day many traders are getting attracted towards it making fast bucks. Today we are discussing the thought process of new trader and the corrective steps which traders should start implementing before their trading… Read More »
PFC Buy above 284 Tgt 286,289 and 295 SL 282 Sell below 279 Tgt 276,270 and 266 SL 282 Crompton Greveas Buy above 181.5 Tgt 184.3,187.7 and 192 SL 180 Sell below 176 Tgt 172.2,169 and 166 SL 178 Reliance Infra Close above 580 stock is heading to 597/610. Buy above 576 Tgt 582,589… Read More »
FII’s bought 14.2 K contract of Index Future worth 592 cores, 41.5 K Long contract were added by FII’s and 27.3 K short contracts were added by FII’s. Net Open Interest increased by 68.9 K contract , so FII added long in index futures but are adding shorts. As discussed yesterday structure is still bullish till it… Read More »
Do not trade because you want to trade, trade the system signals not the noise of Analyst. Wait for a reason to trade. Trading is always not about making money, many times it is about preserving your profits and waiting on sidelines for trade set up to give entry. Stop predicting about a top/bottom and… Read More »
Ranbaxy Any close above 610 stock is heading towards 623/631. Buy above 600 Tgt 603,608,615 SL 598 Sell below 596 Tgt 592,585 and 580 SL 598 IOC Buy above 357 Tgt 361,365 and 371 SL 354 Sell below 351 Tgt 348,343 and 338 SL 353 Just Dial Any close 1450 stock is… Read More »
FII’s bought 16.8 K contract of Index Future worth 680 cores, 23.7 K Long contract were added by FII’s and 6.8 K short contracts were added by FII’s. Net Open Interest increased by 30.6 K contract , so FII added long in index futures but are adding shorts. Nifty after 5 days of rise took a breather… Read More »
” There is only one side of the market and it is not the bull side or the bear side, but the right side.” – Jesse Livermore Be a bear in a bull market. Keep shorting a bull market and see what happens. LOSSES. Wait for a deep pull back that never comes as the market goes higher and… Read More »