When you put too much of your ego on the line with your money, you may feel great when you win, but on the other hand, you may feel discouraged when you lose. When you allow your ego to enter your trading, you put subtle pressure on yourself to succeed. This added pressure could compel… Read More »
I am Looking at FII OI data Sheet for 21Nov, I have made the following Interpretation. Let me go by Disclaimer these Observation should not be used as Trade recommendation in NF 1. FII bought 7105 Contracts in NF worth 169 Cores in Index Futures with Open Interest Increasing by 57929 contracts. FII covered 7… Read More »
Nifty on WoW basis is down 5.5% with a waterfall decline. Fundamental Factors impacting the fall European cues and our internal cues high inflation with rising interest rates, policy jam at New Delhi, Rising fiscal deficit and current deficit and Corporate profitability under pressure had led FII to pull out money from India Equities. The… Read More »
I am Looking at FII OI data Sheet for 17 No, I have made the following Interpretation. Let me go by Disclaimer these Observation should not be used as Trade recommendation in NF 1. FII sold 44130 Contracts in NF worth 1076 Cores in Index Futures with Open Interest Increasing by 57640 contracts. Now this… Read More »
Nifty after long time made wild and volatile swings accompanied by Heavy volumes. Yesterday 5.54 Lakhs contract were traded in NF and maximum volume came in last half hour where Nifty made a move of 130 points (50 points down and 80 points up) in matter of 30 mins. The whole game was played by… Read More »
Nifty Daily Nifty has been correcting 5 days in a row forming lower lows and as per SGX Nifty we will open around 5020-5030 levels On daily charts Nifty seems to be doing the repeat 08 July as shown in above chart. It touched 200 DMA Started Correcting till 50 SMA Bounced back again to… Read More »
Discipline – Majority of traders are not disciplined in their approach, else they would not be failing. These failed traders simply hate to hear the word Discipline! As Jack Schwager points out in his book, ‘The New Market Wizards’, “Discipline was probably the most frequent word used by the exceptional traders that I interviewed. Often… Read More »
World Market throughout the globe were down between 2-4% today and the shock waves epicenter being ITALY . Italy’s ten-year bonds and 5 -year bond yields went above the 7% level which has marked the point of no return for other countries that required bail-outs. That suggests that their real worry is that Italy won’t… Read More »
Food inflation rises to nine-month high of 12.21% and after that the Indian Government has done another Petrol Hike by Rs 1.82 which will go ahead and increase fuel inflation also. This fuel price Hike after Petrol de regulation is burning big holes in pocket of indian consumers and goverment has told in strict sense… Read More »
Last week was a Big Bang Diwali fireworks happening on Dalal Street. Nifty after 10 Weeks of Consolidation broke the 5169-4720 range and and After breaking the range with support of global market we are trading back to 5400 Levels. Many of Traders are Struck with shorts around 5150-5200 Levels and were left surprised with… Read More »