Many new traders deceive themselves. They celebrate small wins. They look for the magic solution to making money through a fail safe system. They believe a seminar or newsletter will change their life completely. The mistake trading for easy money and coaches and gurus for having that secret recipe for success. Well, there is none,… Read More »
FIIs sold 817 contracts of Index Future worth 26 cores (1894 Longs were added and 2711 shorts were added ) with net Open Interest increasing by 4605 contracts, so FII’s added both shorts and long in today’s session. Again the fall today was not backed by FII’s selling. FII will start trading actively only after… Read More »
Canara Bank Canara Bank is forming as ascending triangle holding on to its rising trendline support of 281. Positional trades should look for a close above 288 which gives target of 300 and 312 in short term, Unable to close above 288 stock is heading towards 267. Buy above 285.5 Tgt 287.7,290 and 293 SL… Read More »
FIIs sold 384 contracts of Index Future worth 15 cores (1310 Longs were added and 1694 shorts were added ) with net Open Interest increasing by 3004 contracts, so FII’s added both shorts and long in today’s session. Today session shows how much we are dependent on FII’s fund for trading. Nifty index moved in… Read More »
Tata Motors Positional trades should look for close above 377, Closing above it gives short term target of 385,390. Unable to do the same stock is heading towards 364 and 356. Intraday traders can trade using below mentioned levels Buy above 377 Tgt 378.3,380.2 and 382 SL 376 Sell below 374 Tgt 372.2,370.3 and 368… Read More »
FIIs bought 503 contracts of Index Future worth 13 cores (5227 Longs were added and 4724 shorts were added ) with net Open Interest increasing by 9951 contracts, so FII’s added both shorts and long in today’s session. Nifty gave highest Yearly and Monthly close and formed an inside candle which indicates sharp movement is… Read More »