The stock and commodities markets are more efficient at matching supply and demand than almost any other market. Despite the efficiency underlying trading, the markets are also dominated by human emotion and psychology. From the same information buyers and sellers can reach different conclusions, so the trader needs to know why someone would be on… Read More »
SBIN Positional traders should look for close above 2495 for short term target of 2529/2584/2639. Intraday traders levels Buy above 2495 Tgt 2529,2554 and 2584 SL 2475 Sell below 2450 Tgt 2427,2390 and 2325 SL 2475 HCL Tech Positional traders should look for close above 1686 for short term target of 1740 Intraday traders levels… Read More »
FII’s sold 18.4 K contract of Index Future worth 724 cores, 22 K Long contract were squared off and 3.6 K short contracts were squared off by FII’s. Net Open Interest decreased by 25.7 K contract , so FII liquidated long in index futures and also booked profit short in index futures.No fresh shorting done by FII’s… Read More »
90% of the mental game being trading well; So here are three trading practices that reliably lead to emotional disruption: 1) Poor risk management – Oversized positions; holding positions that are more correlated than you realize; failing to clearly define and trade a risk/reward relationship for each trade–all of these create outsized losses, which in… Read More »
From 17,350 intraday highs “proving the recovery is here,” we are 1500 points down just 3 weeks later. The Nasdaq just fell 10.5% from its highs, officially in correction. VIX broke above 30. Perhaps, just perhaps, the gap to fundamentals is finally about to be filled. Dow ugly… Nasdaq in correction… VIX… Read More »
Nifty has been in correction mode ever since it hit the High of 8180 on 08 Sep 2014, It has been in sideways choppy mode from that point of time.As discussed in our Facebook page we are seeing some big move coming in Nifty. Using Gann 52 concept , classic technical Analysis I am putting… Read More »
“For every style of trading there will be a “perfect” market environment. When the market is aligned to the strategy that you are trading, every trade will work itself out smoothly, losses will be far and few between, and you will feel on top of the world as you watch your profits accumulate! ……Sooner or… Read More »
Arvind Positional traders should watch for Any close above 288 stock is heading to 300/322. Intraday traders can use the below levels Buy above 284 Tgt 287,291 and 296 SL 282 Sell below 279 Tgt 275,270 and 267 SL 282 Biocon Positional traders should watch for Any close below 466 stock is heading to… Read More »
FII’s sold 20.9 K contract of Index Future worth 822 cores, 12.3 K Long contract were squared off and 8.6 K short contracts were added by FII’s. Net Open Interest decreased by 3.6 K contract , so FII liquidated long in index futures and added short in index futures. Nifty dipped below the 50% gann box… Read More »
Traders must have the perseverance to stick to trading until they break through to success. Many of the best traders are just the ones that had the strength to go through the pain, learn, and keep at it until they learned to be a success. Great traders cut losing trades short. The ability to accept… Read More »