Reliance Capital Any close above 466 stock is heading back to 500/521. Intraday traders use below mentioned levels Buy above 466 Tgt 470,475 and 481 SL 463 Sell below 460 Tgt 456,453 and 442 SL 463 REC Any close above 322 stock is heading back to 343. Intraday traders use below mentioned levels Buy… Read More »
FII’s sold 23.2 K contract of Index Future worth 575 cores, 23.5 K Long contract were squared off by FII’s and 343 short contracts were squared off by FII’s. Net Open Interest decreased by 23.8 K contract ,so FII’s squared off both shorts and long in Index Futures. Nifty corrected for fifth day in a row with… Read More »
Here are ten things I believe are needed to be a great trader. It will surprise some that predicting, stubbornness, reading a balance sheet, or stock picking is not on here. It is all a game of risk management, mind, and a robust system. Everything else is just noise. Passion for trading, only passion can… Read More »
Allahabad Bank Holding 110 stock is heading back to 115/121 in short term. Intraday traders use below mentioned levels Buy above 111 Tgt 112.5,114.6 and 116.8 SL 110.4 Sell below 109 Tgt 108.2,106 and 104 SL 110 Bata India Any close above 1364 stock is heading back to 1400/1453 Intraday traders use below… Read More »
FII’s bought 6.7 K contract of Index Future worth 220 cores, 10 K Long contract were squared off by FII’s and 16.8 K short contracts were squared off by FII’s. Net Open Interest decreased by 26 K contract ,so FII’s squared off both shorts and long in Index Futures. Nifty corrected for fourth day in a row… Read More »
Source: Sent BY friend
Wipro Any close above 623 stock is heading to 631/644. Intraday traders use below mentioned levels Buy above 623 Tgt 627,631 and 637 SL 620 Sell below 616 Tgt 612,606 and 600 SL 620 DRL Intraday traders use below mentioned levels Buy above 3094 Tgt 3110,3135 and 3156 SL 3087 Sell below 3080 Tgt 3068,3049… Read More »
FII’s sold 16.3 K contract of Index Future worth 474 cores, 10.4 K Long contract were squared off by FII’s and 5.9 K short contracts were added by FII’s. Net Open Interest decreased by 4.4 K contract ,so FII’s added shorts in Index Futures mostly in Bank Nifty. Nifty had a volatile session of trade after RBI… Read More »
Intraday trading should be done without any ego.One should follow the trading system to make decisions and not anticipate the market to perform as per personal expectations.Market does not listen to anyone its a WILD ELEPHANT. Flexibility and discipline are key for a successful trader.Be flexible in changing position and discipline in taking profits… Read More »
Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.75 per cent; keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand… Read More »