Yearly Archives: 2014

Nifty near trendline support, Ready to Bounceback

By | September 17, 2014 6:49 am

FII’s sold 3949 contract of Index Future worth 162 cores, 1.3 K Long contract were squared off and 2.6 K short contracts  were added by FII’s. Net Open Interest increased  by 2.9 K contract , so FII squared   long and added shorts in Index futures.But the number of shorts contracts added are quiet less suggesting fall… Read More »

HCL Tech,Century Textile and Bata India Technical Analysis

By | September 16, 2014 7:02 am

HCL Tech 1597 should be watched for HCL Tech by positional traders, Holding the same bounceback can be seen till 1631/1652 odd levels. Intraday Traders can use the below levels Buy above 1614 Tgt 1621,1632 and 1640 SL 1609 Sell below 1605 Tgt 1598,1593 and 1582 SL 1609     Century Textile Positional traders should… Read More »

FII FnO Data Analysis for 16 Sep

By | September 15, 2014 9:53 pm

FII’s sold 34595  contract of Index Future worth 1394 cores, 13.8 K Long contract were squared off and 20.7 K short contracts  were added by FII’s. Net Open Interest increased  by 6.8 K contract , so FII squared off both  long and added shorts in Index futures. Nifty opened with gap down , and traded in… Read More »

Attributes of Successful Traders

By | September 15, 2014 3:42 pm

Most professionals nowadays undergo psychological profile employment tests in order for their prospective employers to assess their qualities as a person and whether or not it would match up to the traits they’re looking for in an employee. Different professionals, like policemen, firemen, and pilots all have their own different set of distinctive and desirable… Read More »

Bank Nifty Weekly Forecast for 15-19 September

By | September 14, 2014 11:42 pm

Bank Nifty Hourly Bank Nifty hourly charts is near its rising trendline support break of 16000 can see a downmove till 15750. Else new high is coming again holding 16000   Bank Nifty Hourly Elliot Wave Bank Nifty hourly EW is shown as above. Bank Nifty Daily Bank Nifty daily has given a textbook style… Read More »

How to Build Good Trading Habits in Three Simple Steps

By | September 13, 2014 1:21 pm

You should keep a trading journal of every trade you make! Backtest every system for at least 1,000 trades! Brush your teeth before bed! All of this is sound advice. However, how many traders actuallyfollow this advice? Do you? I would bet that less then a third of you reading this article keep a trading… Read More »