Teaser : Provided the net purchase of 14.48% as on 05.03.15 is maintained by the FIIs, NIFTY must close March 15 at 9182.65. It is a generally accepted and recognized theory that FIIs and DIIs can influence the NIFTY. In this article an attempt is made to understand the impact made by the institutional… Read More »
FII’s sold 8.3 K contract of Index Future worth 5 cores,1.6 K Long contract were squared off by FII’s and 6.6K short contracts were added by FII’s. Net Open Interest increased by 4.9 K contract. As discussed in yesterday analysis, we thought Nifty has formed short term bottom and was ready to move up, Nifty opened gap up… Read More »
ODDS ARE AGAINST YOU BEING A SUCCESSFUL TRADER Sorry to burst your bubble but failure is the highest probable outcome for most in this business. Failure doesn’t come because the markets are “rigged” or the belief that “they” are monitoring your odd lot trades to take the other side only to cause you pain in… Read More »
Voltas Any close above 290 stock is heading to 300/310/322. Intraday Traders can use the below mentioned levels Buy above 290 Tgt 295,298 and 302 SL 288 Sell below 286 Tgt 284,282 and 280 SL 288 Havells Any close above 296 stock is heading to 305/322. Intraday Traders can use the below mentioned… Read More »
FII’s bought 5.7 K contract of Index Future worth 125 cores,0.4 K Long contract were added by FII’s and 5.2K short contracts were squared off by FII’s. Net Open Interest decreased by 4.8 K contract. Nifty after yesterday inside bar pattern, did a gap up open and did not fill the gap and closed at highest point… Read More »
“A stock operator has to fight a lot of expensive enemies within himself.” – Jesse Livermore As Old saying says Learn from the mistake of other so as you do not have to repent again. Jesse Livermore was a pioneer in the trading world. He was one of the very first trend traders, rule based… Read More »
The currency war salvos just keep on coming. Following the surprise rate cut by Thailand earlier today, the “surprise” South Korean rate cut means there are now 24 easing policy actions by central banks in 2015 alone. Here is the full list of the 24 central bank rate cuts so far in 2015: 1. Jan.… Read More »
GAIL Any close above 390 stock is heading to 398/411. Intraday Traders can use the below mentioned levels Buy above 390 Tgt 393,396 and 401 SL 387 Sell below 385 Tgt 383,380 and 376 SL 387 Tata Motors DVR Any close above 343 stock is heading to 350/354 Intraday Traders can use the below… Read More »
FII’s bought 13.5 K contract of Index Future worth 337 cores, 7.5 K Long contract were added by FII’s and 5.9 K short contracts were squared off by FII’s. Net Open Interest increased by 1.6 K contract. Nifty formed an inside bar pattern and continued with consolidation, Nifty made high of 8755, classical technical analysis at work… Read More »
I’ve been getting a lot of questions about Trading Confidence ,today we will discuss on trading confidence. In my experience as a trader and performance coach, I see three types of confidence among traders, and the type of confidence is of critical importance when it comes to discipline. The three types of confidence: False Confidence… Read More »