The vast majority of traders are gamblers, maybe the majority of market participants are in fact gamblers. The traders that are gamblers trade with no plan and without understanding the odds are stacked against them. Whether it is buying far out of the money options with no method for profitability or randomly chasing stocks on… Read More »
FII’s sold 10381 contract of Index Futures worth 355 cores (10.9 K longs were squared off and 556 shorts were squared off Index Future) with net OI decreasing by 11.4 K contracts. So today’s FII’s have started exiting longs. Nifty again hit a new life high but was unable to sustain gains at higher level and… Read More »
For years people have swarmed to the Futures markets, hoping to find the holy grail trading system and to get rich overnight. If you really believe there is such a thing as the holy grail trading system, then why don’t more people quit their day jobs in search of this elusive creature? Part of the… Read More »
Larsen Buy above 1300 Tgt 1312,1326 and 1340 SL 1295 Sell below 1292 Tgt 1281,1264 and 1250 SL 1298 CESC Buy above 518 Tgt 523,529 and 535 SL 516.5 Sell below 511 Tgt 505,500 and 495 SL 513 Syndicate Bank Any close above 103 stock is heading towards 111 Buy above 102.5… Read More »
FII’s bought 3667 contract of Index Futures worth 120 cores (6.7 K longs were added and 3 K shorts were added Index Future) with net OI increasing by 9.8K contracts. So today’s rise was backed by short covering. Nifty after dipping till 6650 bounced back fiercely today and made a new life high at 6808. Today… Read More »
SBI Buy above 1932 Tgt 1942,1959 and 1974 SL 1922 Sell below 1914 Tgt 1905,1890 and 1875 SL 1922 Sesa Stelite Buy above 195.2 Tgt 196.5,198 and 202 SL 194.4 Sell below 193 Tgt 191.187 and 185 SL 194.4 Exide Buy above 125.5 Tgt 126,127.4 and 129 SL 124.4 Sell below 123.5 Tgt 122.4,120.4… Read More »
FII’s bought 2822 contract of Index Futures worth 98 cores (5.2 K longs were added and 2.4 K shorts were added Index Future) with net OI increasing by 7700 contracts. Nifty has broken the up trending channel and resisted on Monday’s session.Nifty continued to form lower low formation. Nifty formed DOJI candle suggesting confusion is market… Read More »
Something unique has become evident in India over the past 3-4 years. We have a spectre the mantle of pushing stumbling blocks in front of an on-coming train hitherto entrusted to Babus has now been pushed into the hands of judiciary, election commission and para bureaucratic services like the CAG. So it is not incredible… Read More »
We take a look at fifteen major aspects of the manifesto and measures that BJP has proposed: 1) Price rise: BJP proposes to lower inflation by taking steps such as; special Courts to stop hoarding and black marketing, setting up a Price Stabilisation Fund, evolving a single ‘National Agriculture Market, leveraging on technology to disseminate… Read More »
SBIN Buy above 1905 Tgt 1920,1937 and 1960 SL 1894 Sell below 1892 Tgt 1877,1855 and 1835 SK 1902 HDFC Positional traders should look for close above 898 for short term target of 930, Any close below 890 stock is heading towards 843. Buy above 897 Tgt 901,907 and 911 SL 895 Sell below… Read More »