Yearly Archives: 2015

Nifty breaks its 20 DMA,FII FnO Data Analysis

By | April 18, 2015 4:48 pm

FII’s bought 23.3 K contract of Index Future worth 408 cores,23.1 K Long contract were added by  FII’s and 216 short contracts  were squared off  by FII’s. Net Open Interest increased  by 22.9 K contract.Holy Grail for Successful trading  Nifty continued forming lower low but closed below  its20/ 50 SMA, Nifty is now near a very crucial… Read More »

Learn to trade the daily charts

By | April 18, 2015 7:00 am

I trade mainly off the daily charts, and I teach my students to do the same. If you want to have a realistic chance at making a living as a  trader, you need to master trading the daily charts before all else. This is one of the most important pieces of the puzzle of being… Read More »

Want to become Full Time Trader, Answer these Questions ? Part-II

By | April 17, 2015 3:37 pm

In Continuation with Previous Article   People you surround yourself with You might have heard, “You’re the Average of the 5 People You Hang Out with Most.” Friends have a way of influencing us. I remember meeting a very nice couple during one of our vacations. We started talking and the husband was interested in trading. However,… Read More »

Nifty held on to its 50 SMA,FII FnO Data Analysis

By | April 17, 2015 6:58 am

FII’s sold 43.9 K contract of Index Future worth 1071 cores,3.4 K Long contract were squared off  FII’s and 40.5 K short contracts  were added by FII’s. Net Open Interest increased  by 37 K contract.Holy Grail for Successful trading  Nifty continued forming lower low but closed above its 50 SMA, Nifty took support at 135 degree line… Read More »

Nifty forms Bearish Engulfing pattern,FII FnO Data Analysis

By | April 15, 2015 10:49 pm

FII’s bought 34.8 K contract of Index Future worth 783 cores,35.2 K Long contract were added  by FII’s and 483 short contracts  were added by FII’s. Net Open Interest increased  by 35.7 K contract.Holy Grail for Successful trading  Nifty after 9 days of rally formed first lower low @8722 also we corrected more than 122 points from… Read More »

Holy Grail for Successful trading

By | April 15, 2015 4:25 pm

Whenever I saw a Cricket  playing in the field  or Tennis player playing, the temptation to play like them was tremendous. If you see any Great Sportsman playing and compare yourself to them you will  observe You are lacking in co-ordination, stamina, technique, strategies and above all few tricks of the game that only comes… Read More »

Century Textile,Crompton Greaves and HDFC Bank Swing Trading Analysis

By | April 15, 2015 5:35 am

Crompton Greaves Any close above 178 stock is heading towards 188/199. Intraday Traders can use the below mentioned levels Buy above 177 Tgt 178.4,180.4 and 182 SL 176.4 Sell below 175 Tgt 173.5,171.5 and 167 SL 176.5   HDFC Bank Positional traders should look for close above 1042 for short term target 1076. Unable to… Read More »