It does not matter whether you are reading sophisticated trading books or just browse around online trading forums, almost every trader seems to be aware of the fact that psychology has a big impact on trading performance. However, the way emotions affect trading decisions are very complex and not that obvious at the first glance.… Read More »
FII’s sold 37.1 K contract of Index Future worth 848 cores, 34.3 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 31 K contract ,so FII’s added shorts and squared off longs in Index futures. Nifty had a perfect day of consolidation today, range… Read More »
Setting a goal and planning how to achieve it can help traders push past their fears. Setting up goals will make sure trader learns from his mistakes. Trader will study both winning and losing trades to understand what went right and how he could improve on his technique. Over time, trader will be able to… Read More »
By ending its three year currency peg to the weakening euro Switzerland has become the first major economy to surrender in the international currency war, and in so doing has given a long-delayed victory to the Swiss people. Contrary to the indignant reaction by the media and financial establishment, the decision is not a disaster… Read More »
Jubilant Food Intraday traders use below mentioned levels Buy above 1420 Tgt 1430,1440 and 1450 SL 1414 Sell below 1405 Tgt 1390,1380 and 1370 SL 1414 Bank Baroda Intraday traders use below mentioned levels Buy above 1105 Tgt 1115,1122 and 1134 SL 1098 Sell below 1090 Tgt 1086,1074 and 1064 SL 1098… Read More »
FII’s bought 169 K contract of Index Future worth 3897 cores, 156 K Long contract were added by FII’s and 12.7 K short contracts were squared off by FII’s. Net Open Interest increased by 144 K contract ,so FII’s added long and squared off shorts in Index futures.As per FII OI sheet 117k long index contracts… Read More »
Swiss National Bank discontinues minimum exchange rate and lowers interest rate to –0.75% Over two decades ago, George Soros took on the Bank of England, and won. Just before lunch local time, the Swiss National Bank took on virtually every single macro hedge fund, the vast majority of which were short the Swiss Franc… Read More »
Statement by Dr. Raghuram G Rajan, Governor Since July 2014, inflationary pressures (measured by changes in the consumer price index) have been easing. The path of inflation, while below the expected trajectory, has been consistent with the assessment of the balance of risks in the Reserve Bank’s bi-monthly monetary policy statements. To some extent, lower… Read More »
HDFC BANK Any close above 966 stock is heading to 987/1008 Intraday traders use below mentioned levels Buy above 966 Tgt 972,981 and 987 SL 963 Sell below 960 Tgt 957,951 and 942 SL 963 LIC Housing Any close above 466 stock is heading to 500/521 Intraday traders use below mentioned levels Buy above 457… Read More »
FII’s bought 9.9 K contract of Index Future worth 178 cores, 4.1 K Long contract were added by FII’s and 5.7 K short contracts were squared off by FII’s. Net Open Interest decreased by 1.6 K contract ,so FII’s added long and squared off shorts in Index futures. Nifty saw an intraday correction which got bought… Read More »