This is how Goldman handicaps the possible voting outcomes and the subsequent reactions: Result of referendum likely to prove less pivotal than how Greek domestic politics evolves in response to it. We envisage three main scenarios following the referendum: 1. A ‘Yes’ vote, followed closely by the resignation of Messrs. Tsipras and Varoufakis and… Read More »
IRB Positional/Swing Traders can use the below mentioned levels Close above 246 Target 254/267. Intraday Traders can use the below mentioned levels Buy above 244.7 Tgt 246,248.7 and 252 SL 243.3 Sell below 241 Tgt 239.2,237.7 and 235 SL 243 Glenmark Positional/Swing Traders can use the below mentioned levels Close above 1021 Target 1042/1067.… Read More »
FII’s bought 17.2 K contract of Index Future worth 361 cores ,19.6 K Long contract were added by FII’s and 2.3 K short contracts were added by FII’s. Net Open Interest increased by 21.9 K contract, so today’s fall was used by FII’s to enter longs in index futures Overcoming Emotions As A Day Trader Nifty… Read More »
Most of us want to be as perfect as we can. We do not want to experience failure or setbacks or roadblocks. In fact, most of us have been raised that failure, in any case and at any time, is ‘bad’ and success is ‘good’. So if that is the case, then thinking in a very simplistic and… Read More »
KSCL Positional/Swing Traders can use the below mentioned levels Close above 735 short term target 754 and 800 Intraday Traders can use the below mentioned levels Buy above 735 Tgt 745,755 and 762 SL 730 Sell below 728 Tgt 723, 718 and 710 SL 733 Amar Raja Battery Positional/Swing Traders can use the below… Read More »
FII’s bought 20.2 K contract of Index Future worth 397 cores ,23.1 K Long contract were added by FII’s and 2.8 K short contracts were added by FII’s. Net Open Interest increased by 25.9 K contract, so today’s rise was used by FII’s to enter longs in index futures Overcoming Emotions As A Day Trader As… Read More »
Despair = Losing Money – Trading Better Do not despair look at your losses as part of doing business and as paying tuition fees to the markets. Disappointment = Expectations – Reality Enter trading with realistic expectations. You can realistically expect 20%-35% annual returns on capital with great trading. More than that is… Read More »
Greece has now passed the midnight deadline for repayment of the €1.6 billion bundled loans due to the IMF and in thus in default. Yes we are fully aware that using the pejorative term ‘default’ makes us members of the ignorati, but what else do you call it when you fail to pay back a… Read More »
Asian Paints Positional/Swing Traders can use the below mentioned levels Close above 760 short term target 800 and 843 Intraday Traders can use the below mentioned levels Buy above 760 Tgt 764,772 and 780 SL 755 Sell below 750 Tgt 742, 737 and 728 SL 755 Arvind Positional/Swing Traders can use the below mentioned levels… Read More »
FII’s bought 16.9 K contract of Index Future worth 353 cores ,33.6 K Long contract were added by FII’s and 16.7 K short contracts were added by FII’s. Net Open Interest increased by 50.3 K contract, so todays rise was used by FII’s to enter longs in index futures 95% of Retail Forex Traders Lose Money… Read More »