Offense: You need big winners to pay for all your little losses. When the opportunity of a high probability entry happens you must take it. Or if you are trading a trend following system and are in a draw down you must keep trading in the direction of the trend so you will catch the… Read More »
Glenmark Positional/Swing Traders can use the below mentioned levels Close below 1076 target 1042/1021. Intraday Traders can use the below mentioned levels Buy above 1085 Tgt 1095,1105 and 1118 SL 1078 Sell below 1074 Tgt 1067,1057 and 1042 SL 1080 HDIL Positional/Swing Traders can use the below mentioned levels Close above 60 target 63/68.… Read More »
FII’s sold 62 K contract of Index Future worth 1790 cores ,15 K Long contract were squared off by FII’s and 46.8 K short contracts were added by FII’s. Net Open Interest increased by 31.7 K contract, so today’s fall in market was used by FII’s to exit long and enter shorts in Index futures How… Read More »
In Continuation with Previous Post How to Prepare Successful Trading Plan Part-I Do your homework You can’t expect to successfully trade in a vacuum. Therefore, before the market opens, be aware of what is going on around the world. What are the overseas markets doing? Also, learn what the economic or earnings data is and… Read More »
There’s no question that the world economy has been shaky at best since the crash of 2008. Yet, politicians, central banks, etc., have, since then, regularly announced that “things are picking up.” One year, we hear an announcement of “green shoots.” The next year, we hear an announcement of “shovel-ready jobs.” And yet, year after… Read More »
Yes Bank Positional/Swing Traders can use the below mentioned levels Unable to Close above 665 target 644/631. Intraday Traders can use the below mentioned levels Buy above 667 Tgt 672 ,679 and 693 SL 662 Sell below 660 Tgt 653 ,646 and 640 SL 665 ACC Intraday Traders can use the below mentioned… Read More »
FII’s sold 26.5 K contract of Index Future worth 697 cores ,10 K Long contract were squared off by FII’s and 15.8 K short contracts were added by FII’s. Net Open Interest increased by 5.4 K contract, so today’s fall in market was used by FII’s to exit long and enter shorts in Index futures How… Read More »
In trading, you have two choices: Follow YOUR TRADING STRATEGY Fail. Any trader who consistently makes money in the market will tell you that unless you create and follow a plan, you will fail. If you are one of the few who have written a trading plan, you are off to a good start for… Read More »
DHFL Positional/Swing Traders can use the below mentioned levels Unable to Close above 466 target 432. Intraday Traders can use the below mentioned levels Buy above 462 Tgt 466,470 and 480 SL 457 Sell below 454 Tgt 450,444 and 440 SL 457 Cipla Positional/Swing Traders can use the below mentioned levels Close above 686… Read More »
FII’s bought 22 K contract of Index Future worth 538 cores ,28.7 K Long contract were added by FII’s and 6.5 K short contracts were added by FII’s. Net Open Interest increased by 35.2 K contract, so today’s fall in market was used by FII’s to enter long in NF and enter shorts in BN futures … Read More »