“Good fortune is what happens when opportunity meets planning.” —Thomas Jefferson “Reduce your plan to writing. The moment you complete this, you will have definitely given concrete form to the intangible desire.” — Napoleon Hill “He who fails to plan, plans to fail.” However you want to look at it, or whomever you may want… Read More »
Must read for every kind of trader. Enjoy your weekend! What separates the 10% that make money from the 90% that don’t? 10,000 hours. The key to success in any cognitively complex field is, to a large extent, a matter of practicing a specific task for a total of around 10,000 hours. 10,000 hours equates… Read More »
Reliance Any close below 1042 stock is heading towards 1021,1008 and 987. Buy above 1050 Tgt 1060,1067 and 1074 SL 1042 Sell below 1040 Tgt 1025,1008 and 987 SL 1049 Crompton Greaves Buy above 199 Tgt 203,206 and 212 SL 197 Sell below 193 Tgt 190,186 and 180 SL 195 Tech M Stock… Read More »
FII’s sold 12.1 K contract of Index Future worth 460 cores, 2.7 K Long contract were added and 14.9 K short contracts were added So FII’s went aggressively short in index futures.My observation is – Institutions short – Big Bears Short – Market Falls – Big Bears Cover – Pigs Short -Institutions Cover – Market… Read More »
Structure your position sizes and stop losses in trades so that if you are wrong you will not lose more than 1% of your trading capital on any one trade. Reducing your risk per trade to 2% of trading capital would be a huge… Read More »
Larsen and Tubro Close below 1652 stock is heading towards 1597, Close above 1686 short term target comes at 1741 Buy above 1677 Tgt 1700,1720 and 1740 SL 1671 Sell below 1660 Tgt 1646,1619 and 1597 SL 1670 J P Associate Close below 74 stock is heading towards 68 and 63. Buy above… Read More »
FII’s bought 5.7K contract of Index Future worth 216 cores, 9.7 K Long contract were squared off and 15.5 K short contracts were were squared off. So FII’s after today’s volatile move squared off both long and shorts in Index Future. As discussed in yesterday’s analysis caution is advised on longs and today we saw… Read More »
A sideways market? A trending market? A trend continuing; A trend reversal? Getting stopped out of a trade? Winning a trade? Breaking even? Losing a trade? All questions that need to be answered if you are to have confidence in your trading system. For it is confidence that allows you to profit from the markets. Ridiculous notion? … Read More »
SUN Pharma Any close above 665 stock is heading towards 699. Buy above 650 Tgt 656,665 and 675 SL 646 Sell below 645 Tgt 640,635 and 629 SL 647 Axis Bank Buy above 1850 Tgt 1871,1900 and 1930 SL 1840 Sell below 1815 Tgt 1800,1784 and 1760 SL 1825 IRB Any… Read More »
FII’s sold 4861 contract of Index Future worth 190 cores, 1.3 K Long contract were squared off and 3.5 K short contracts were added. So FII’s are continue adding shorts in Index Future even though Nifty has risen around 100 points suggesting rise was backed by short covering only. Nifty after doing consolidation for most… Read More »