Try to use dead time between trades for things like self improvement training i.e. read a book by your favorite personal development guru or learn to meditate/practice Yoga! Anything that keeps you in the right frame of mind for the job of trading. A positive mindset will have a positive impact on your bottom line… Read More »
Trading is one of the few professions where you can deal with a “faceless and no-prejudice market”. It can not be manipulated by any one or group of individuals beyond a certain measure. You are in such a kind of profession. However, what you do day in and day out has a lot to do… Read More »
Education plays an important role in shaping the way traders think about trading. A formal business education can give you an edge in understanding the economy and the market in general–but it is no guarantee of success in trading. Most of the information you learned in a formal college setting will not give you the… Read More »
As Draghi began to speak the EUR rallied, EGBs rallied and ES rallied – last minute hopiness wrung out of the system, but as soon as he explained that his plan to promise a plan which plans to promise a solution was nothing but another promise and not an actual plan, so everything reversed. S&P futures… Read More »
Reliance Industries Reliance is near its resistance of 751 breakout of the same will lead to 762-764 levels Buy above 751 Tgt 757,761 and 764 Reliance Capital Rel Capital closed above crucial 200 DMA stock has broken out of channel. Buy above 346 Tgt 348,351 and 354 SCI SCI has formed 3 white… Read More »
Reliance Infra Rel Infra is breaking an Important resistance zone of 506,Break of same will lead the upmove till 531 Buy above 506 Tgt 510,514,525 and 531 RCOM RCom after a waterfall decline stock is forming a base formation and a trading range between 53.4 – 57.4. Mass psychology for the stock is quiet… Read More »
Introduction Since the Monetary Policy Statement for 2012-13 in April 2012, macroeconomic conditions have deteriorated. Much of the global economy is in a synchronised slowdown, having lost the upward momentum seen in the early months of the year. Despite the slowing global economy, the outlook for commodity prices is uncertain. The situation in the euro… Read More »
While it is probably not surprising that so many decided to focus on those few words of relevance to an implicitly self-aggrandizing crowd of long-only risk-takers and commission-makers; the truth is that, as UBS notes, “Draghi was stating a fact, not changing a policy”. Putting the fateful sentence in the context of the rest of… Read More »
Maruti 1074-79 range is the base of the stock any dips towards it should be bought. Today it opened down touched 1079 where gap also exists filled it and now is heading higher. Buy above 1095 Tgt 1104,1111 and 1123 REC Limited Rec limited is near its trendline resistance.break of same will lead to… Read More »
Eligibility criteria for stocks in derivatives segment 1. At present, minimum Median Quarter Sigma Order Size (MQSOS) requirement for a stock to be eligible for introduction in derivatives segment is ` 5 Lakh. It has been decided to revise this minimum MQSOS requirement to 10 Lakh. 2. At present, MWPL requirement for a stock to… Read More »