FII’s bought 5.5 K contract of Index Future worth 170 cores,8.1K Long contract were added by FII’s and 2.5 K short contracts were added by FII’s. Net Open Interest increased by 10.7 K contract.So again we got a volatile day which was used by FII’s to buyer at lower level. As discussed in Weekly Analysis we are… Read More »
In Continuation with previous 2 article Ed Seykota’s Trading Style Part-I Ed Seykota’s Trading Style Part-II Risk Below 5% of Equity Per Trade I intend to risk below 5% on a trade, allowing for poor executions. Occasionally I have taken losses above that amount when major news caused a thin market to jump through my… Read More »
Sun Pharma Any close below 1040 short term target 1021/1008/987. Intraday Traders can use the below mentioned levels Buy above 1051 Tgt 1058,1068 and 1076 SL 1048 Sell below 1040 Tgt 1035,1024 and 1017 SL 1045 CESC Any close above 610 short term target 623/631/644. Intraday Traders can use the below mentioned levels Buy… Read More »
These days Currency trading has become dangerous, As Forex Market is highly leveraged so even a small move of 1% can see big move in your trading account. After US FOMC Statement and more dovish Janet Yellen US Dollar crashed from 99.5 to 96.5 and EURO rose USD JPY crashed sub 119 all represented… Read More »
Information received since the Federal Open Market Committee met in January suggests that economic growth has moderated somewhat. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. A range of labor market indicators suggests that underutilization of labor resources continues to diminish. Household spending is rising moderately; declines in… Read More »
FII’s sold 26.8 K contract of Index Future worth 525 cores,23.5 K Long contract were squared off by FII’s and 3.3 K short contracts were added by FII’s. Net Open Interest decreased by 20.1 K contract. After yesterday DOJI candlestick formation , Nifty formed an inside day candlestick today, saw a volatile move today with bearish bias, before FOMC… Read More »
In Continuation With the Previous Ed Seykota’s Trading Style Part-I Risk Below 5% of Equity Per Trade I intend to risk below 5% on a trade, allowing for poor executions. Occasionally I have taken losses above that amount when major news caused a thin market to jump through my stops. Risk no more than you… Read More »
HDIL Holding 110 stock is heading back to 115/121. Intraday Traders can use the below mentioned levels Buy above 113.3 Tgt 114.4,115.9 and 117 SL 112 Sell below 111.5 Tgt 110.5,109 and 107.7 SL 112 Tata Motors Any close above 576 stock is heading 589. Intraday Traders can use the below mentioned levels Buy… Read More »
FII’s sold 21.8 K contract of Index Future worth 487 cores,21.1 K Long contract were squared off by FII’s and 608 short contracts were added by FII’s. Net Open Interest decreased by 20 K contract. After yesterday consolidation with formation of DOJI candlestick, Nifty saw a volatile move today, Range for the day was just 120 points but… Read More »
Ed Seykota’s Trading Style My style is basically trend following, with some special pattern recognition and money management algorithms. In order of importance to me are: (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell. Those are the three primary components of my trading. Way down in… Read More »