FII’s sold 4.1 K contract of Index Future worth 164 cores, 5.1 K Long contract were added and 9.2 K short contracts were added by FII’s. Net Open Interest increased by14.4 K contract , so FII added longs in Index futures also shorts were added almost in 1:1.8 ratio. This is what we discussed yesterday we… Read More »
At the broadest level, trading consists of analyzing, synthesizing, and doing. Analyzing is extracting information from markets, immersing ourselves in data. It is our look through the microscope. Synthesizing is assembling those data into a coherent picture, extracting pattern and meaning from the reams of market information. It is our telescopic view. Doing is taking… Read More »
Coal India Buy above 338 Tgt 342,345 and 349 SL 335 Sell below 333 Tgt 330.5,326 and 323 SL 335 M&M Buy above 1351 Tgt 1365,1375 and 1382 SL 1347 Sell below 1344 Tgt 1335,1318 and 1300 SL 1347 PFC Any close below 233 stock is heading towards 228/225. Buy above 239 Tgt 242,244.5… Read More »
FII’s sold 7.9 K contract of Index Future worth 315 cores, 17.5 K Long contract were added and 25.4 K short contracts were added by FII’s. Net Open Interest increased by 42.9 K contract , so FII added longs in Index futures also shorts were added almost in 1:1.5 ratio. This is what we discussed yesterday… Read More »
Developing Self-Discipline is something that you can start doing right NOW. It doesn’t take vigorous special forces training, nor does it require being related to the almighty samurai bloodline. Instead it requires will, devotion and regular action. Start by cultivating a desire. Do that by understanding the incredible benefits of such an achievement. The… Read More »
ACC Buy above 1490 Tgt 1500,1513 and 1527 SL 1485 Sell below 1480 Tgt 1475,1466 and 1456 SL 1485 Century Textile Buy above 570 Tgt 577,583 and 593 SL 566 Sell below 560 Tgt 555,545 and 535 SL 565 Bharat Forge Buy above 846 Tgt 852,859 and 874 SL 843 Sell below 840… Read More »
FII’s bought 3.5 K contract of Index Future worth 164 cores, 45 K Long contract were added and 41.5 K short contracts were added by FII’s. Net Open Interest increased by 86.5 K contract , so FII added longs in Index futures also shorts were added almost in 1:1 ratio. Bounce seen today was because of… Read More »
Intuition – A qualitative virtue recognized by few and held by even less. Our intuition is the byproduct of the analysis performed by our subconscious. It acts much like a muscle and requires exercise to develop and grow. Like a muscle, neglect can cause atrophy. Traders with a strong intuition built on a strong trading strategy… Read More »
Canara Bank Buy above 398.5 Tgt 402,406 and 410 SL 395 Sell below 394 Tgt 391,386 and 380 SL 397 Auro Pharma Buy above 876 Tgt 885,893 and 908 SL 871 Sell below 866 Tgt 860,853 and 843 SL 871 Bharat Forge Buy above 857 Tgt 865,872 and 883 SL 851 Sell below… Read More »
Last week we gave Nifty Chopad level of 16220 and Bank Nifty did 3 target on downside. Lets analyze how to trade in September Expiry Week. Bank Nifty Hourly Bank Nifty hourly charts is near its downward falling trendline support break of 16000 can see a downmove till 15750. Else new high is coming again… Read More »