FII’s bought 16225 contract of Index Future worth 638 cores, 33.3 K Long contract were added and 16.9 K short contracts were added by FII’s. Net Open Interest increased by 50.2 K contract.FII’s have net 89 K contract of Shorts open and 85.8 K Contract of Long open in current series. If we removed last 3 … Read More »
Arvind Buy above 213 Tgt 216,219 and 225 SL 211 Sell below 210 Tgt 207,203 and 199.5 SL 212 Bank India Buy above 285 Tgt 288,292 and 296 SL 283 Sell below 280 Tgt 277,272 and 268 SL 283 Bharat Forge Buy above 715 Tgt 722,733 and 752 SL 710 Sell below… Read More »
FII’s bought 780 contract of Index Future worth 32 cores, 14.5 K Long contract were added and 13.7 K short contracts were added by FII’s. Net Open Interest increased by 28.2 K contract.FII’s have net 72K contract of Shorts open and 52.5K Contract of Long open in current series. If we removed last 2 days of… Read More »
“A trader is the weakest link of any trading system” (Alexander Elder) During one of my trading Seminar a student asked the following “After 4 years of winning and losing hundreds of trades and blowing out several accounts both demo and live, trying different systems, experimenting with many strategies, I am still unable to achieve… Read More »
Put a trader in a group of non-traders and the conversation will inevitably turn to gambling. At a recent family gathering I was asked about my share trading by an interested (or polite) family member, to which I responded with my usual cheery, ‘Good thanks!” I had just mentioned that we were planning on selling… Read More »
What is Risk? Risk is exposure. In trading, risk refers to exposure to the price changes of a stocks/index. Often, risk makes people wary of trading stocks, commodities, or currencies. It is true that risk is an integral part of every trade. In other words, there is no such thing as a “risk free” trade.… Read More »
Larsen 1652 needs to be watched closely, Closing above it 1686/1741 are short term target, ANy close below 1652 target comes @1631/1597. Buy above 1672 Tgt 1686,1703 and 1730 SL 1658 Sell below 1652 Tgt 1633,1623 and 1606 SL 1658 Bank Baroda 843 needs to be watched closely in BoB, Closing below it… Read More »
Last Week we gave Chopad Level of 15436 Bank Nifty did 1 target on upside and 1 target on downside . Lets analyze how to trade Bank Nifty in Expiry week. Bank Nifty Hourly Bank Nifty hourly charts are showing consolidation after a rise in last week, Sustaing below 15300 will suggests will invite a… Read More »
Last Week we gave Chopad level of 7685, Nifty did 2 target on upside rewarding trend follower with 150 points. Lets analyze how to trade Nifty in Expiry week. Nifty Hourly Chart Hourly charts shows have been trading in a channel, now currently trading at the channel bottom which is around 7752, any break below… Read More »
As people get into this great business of trading, many are exposed to a heck of a lot misinformation. So, that being said, let me lay out what I truly believe are the 5 keys to a profitable trading methodology: Reliability. This basically means at what percentage of the time do you actually make money? … Read More »