Monthly Archives: January 2015

LT,Jubilant Food and BoB Harmonic pattern

By | January 16, 2015 5:56 am

Jubilant Food   Intraday traders use below mentioned levels Buy above 1420 Tgt 1430,1440 and 1450 SL 1414 Sell below 1405 Tgt 1390,1380 and 1370 SL 1414     Bank Baroda Intraday traders use below mentioned levels Buy above 1105 Tgt 1115,1122 and 1134 SL 1098 Sell below 1090 Tgt 1086,1074 and 1064 SL 1098… Read More »

Nifty Bulls gets R-booster, FII FnO Data Analysis

By | January 15, 2015 9:07 pm

FII’s bought 169 K contract of Index Future worth 3897 cores, 156  K Long contract were added  by FII’s and 12.7 K  short contracts  were squared  off by FII’s. Net Open Interest increased  by 144 K contract ,so FII’s added  long and squared off   shorts in Index futures.As per FII OI sheet  117k long index contracts… Read More »

Forex Market shocked by Swiss National Bank decision

By | January 15, 2015 5:13 pm

  Swiss National Bank discontinues minimum exchange rate and lowers interest rate to –0.75% Over two decades ago, George Soros took on the Bank of England, and won. Just before lunch local time, the Swiss National Bank took on virtually every single macro hedge fund, the vast majority of which were short the Swiss Franc… Read More »

RBI cut Repo by 25 BPS

By | January 15, 2015 9:01 am

Statement by Dr. Raghuram G Rajan, Governor Since July 2014, inflationary pressures (measured by changes in the consumer price index) have been easing. The path of inflation, while below the expected trajectory, has been consistent with the assessment of the balance of risks in the Reserve Bank’s bi-monthly monetary policy statements. To some extent, lower… Read More »

Nifty trades volatile in triangle pattern,FII FnO Data

By | January 14, 2015 8:31 pm

FII’s bought 9.9 K contract of Index Future worth 178 cores, 4.1  K Long contract were added  by FII’s and 5.7 K  short contracts  were squared  off by FII’s. Net Open Interest decreased  by 1.6 K contract ,so FII’s added  long and squared off   shorts in Index futures. Nifty  saw an intraday correction which got bought… Read More »

What does it take to get a consistent results as a trader?

By | January 14, 2015 4:27 pm

Everyone says that psychology is the most important part of trading. So if trading is 80% psychology, what makes uppsychology?  I believe psychology can be broken down into two parts:  patience and discipline.  This article focuses on discipline, and why it is so essential to your trading success.   A disciplined trader gets consistent results… Read More »

FII FnO Data Analysis for 14 Jan

By | January 13, 2015 11:20 pm

FII’s bought 21.2 K contract of Index Future worth 440 cores, 33.8  K Long contract were added  by FII’s and 12.5 K  short contracts  were added  by FII’s. Net Open Interest increased  by 46.4 K contract ,so FII’s added  both long  shorts in Index futures. Nifty continued with formation of higher highs and higher lows but saw… Read More »

Four types of trades

By | January 13, 2015 4:14 pm

There are really four types of trades Good Trade Bad Trade Winning Trade  Losing Trade Most people think that a losing trade was a bad . That is absolutely wrong. You can lose money even on a good trade. If the odds on a trade are 50/50 and the payoff is 2 versus a 1… Read More »