This is in continuation of the article “Impact of Institutional Investments on NIFTY” published last week. Data and suggestions compelled me to analyses further with FII trading as focus area. Will analyzing the mystery of FII alone throw clues in finding our way in market maze? What will you think, if you take a closer… Read More »
In Continuation with previous 2 article Ed Seykota’s Trading Style Part-I Ed Seykota’s Trading Style Part-II Ed Seykota’s Trading Style Part-III Embrace Whipsaws Trading Systems don’t eliminate whipsaws. They just include them as part of the process. Do Not Predict Or Anticipate A computer can follow a system and place orders without making predictions… Read More »
JP Associate Any close above 26 stock will head again towards 29. Intraday Traders can use the below mentioned levels Buy above 25.8 Tgt 26.4,27.2 and 27.7 SL 25.6 Sell below 25.3 Tgt 25,24.5 and 23.7 SL 25.6 PTC Holding 81 short term target 84/86. Intraday Traders can use the below mentioned levels Buy above… Read More »
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 »