Monthly Archives: February 2015

Nifty does breakout on Hourly chart, Will it Sustain ?

By | February 12, 2015 10:49 pm

FII’s sold 28.8 K contract of Index Future worth 619 cores, 2.4 K Long contract were added  by FII’s and 30.8 K  short contracts  were added by FII’s. Net Open Interest increased  by 7.3 K contract ,so FII’s added partial  long  in Index Futures and added  shorts in index futures. As discussed yesterday Nifty is at a… Read More »

Trading Mantras to be successful trader

By | February 12, 2015 3:48 pm

Seeing an opportunity and acting upon it are two different things. •  Price has memory. Odds are what price did the last time it hit a certain level will be repeated  . . . (BR:  Until support or resistance fails). •  Pay attention to price action, regardless of what the charts are saying. •  Look… Read More »

BHEL,Bank India and CIPLA Elliot Wave Analysis

By | February 12, 2015 7:04 am

BHEL Holding 254 stock is heading back to 267/288. Intraday traders use below mentioned levels Buy above 258 Tgt 262,265 and 269 SL 255 Sell below 253 Tgt 251,246 and 240 SL 255   Bank India Closing above 242 stock is heading to 246/254 and 267 in short term, Any close below 238 short term… Read More »

Nifty technical setup before crucial inflation /iip data

By | February 11, 2015 11:16 pm

FII’s sold 12 K contract of Index Future worth 202 cores, 9.7 K Long contract were squared  off by FII’s and 2.3 K  short contracts  were added by FII’s. Net Open Interest decreased  by 7.3 K contract ,so FII’s squared  off  long  in Index Futures and added  shorts in index futures. Nifty is at a crucial juncture… Read More »

Trading Mistakes traders should avoid

By | February 11, 2015 4:11 pm

Never, NEVER cancel a stop loss. I know, I know, every time you have a stop loss in the market, the market moves just enough to stop you out, right? Well it might mean that you should evaluate where you place your stops (this is where good trading journals come in handy), but once you’ve… Read More »

FII FnO Data Analysis for 11 Feb

By | February 11, 2015 9:07 am

FII’s bought 19.5 K contract of Index Future worth 403 cores, 2.3 K Long contract were added by FII’s and 17.2 K  short contracts  were squared off by FII’s. Net Open Interest decreased  by 14.9 K contract ,so FII’s added  long  in Index Futures and squared off shorts in index futures. As discussed yesterday analysis As per… Read More »

Why BJP wanted to lose Delhi

By | February 10, 2015 1:16 pm

There are enough signs to indicate what you see in Delhi may not be true at all. There is something going on behind closed doors and is not known outside a tiny group in the Bharatiya Janata Party (BJP). Notice the developments: BJP inducts three rejects of India Against Corruption movement and Aam Aadmi Party… Read More »