We have discussed 2 days before traders in pain will be subjected to more pain.So this is how mass psychology plays out and can help in adding an additional edge to your trades. But never blindly trades based on mass psychology stop losses are must for each and every trade. 1. FII bought 35146 Contracts… Read More »
Everyone was talking about 5600 Market is back below 5300. This is what mass psychology is all about. Market always move in path of least resistance and path of least resistance looking at bullish environment created was on downside. Hence we have results in front of our eyes. 1. FII sold 2041 Contracts of Index… Read More »
1. FII bought 13648 Contracts of Index Future,worth 384 cores with net OI increasing by 13010 contracts. 2. As Nifty Future was down by 40 points and OI has increased by 13010, FII are booking profits in longs. No shorts have been created as per data analyzed. 3. NS closed at 5350 after making the… Read More »
1. FII bought 5547 Contracts of Index Future ,worth 147 cores with net OI increasing by 8549 contracts. 2. As Nifty Future was down by 25 points and OI has increased by 8549, FII are booking profits in longs. No shorts have been created as per data analyzed. 3. NS closed at 5386 after making… Read More »
Nifty has rallied 3.8% in August Series, many analyst including me have pointed out the dismal volume we are seeing,but it should not deter trades to take long calls reasong being Low volume is reason to doubt the strength of the rally, but you buy bread with realized gains, not doubts or durability.Volumes are low… Read More »
1. FII bought 7345 Contracts of NF ,worth 183 cores with net OI decreasing by 3965 contracts. 2. As Nifty Future was down by 11 points and OI has decreased by 3965 , FII have started booking profits Index futures. The way we fell down from 5455 NF suggests profit booking. 3. NS closed at… Read More »
Rally of Disbelief continues as Nifty hit 5400 after 5 months. Many traders are thinking with such rotten fundamentals CAG scam, Opposition demnading resignation of PM,Rupee near 55 etc.still nifty is scaling new highs, Well that’s the power of liquidity driven rally. Let me share an interesting fact Spanish markets which are center of European… Read More »
CAG Report came market fell from high after making top of 5399.95, interesting thing to note is How emotions and sentiments are used to play the short term phenomenon is market. Everyone knew the Coalgate scam and the extent of damage to exchequer but as soon as report was tabled in the parliament Nifty reacted… Read More »
Grind down continues, Nifty Future range for today is just 34 points. Today we had the lowest contract traded in 2012, trading activity has come to an stand still. This is not an Indian Market based phenomenon, its happening throughout the world. Nasdaq volumes are down 40%. So choppy markets are call for the… Read More »
Wishing All a Very Happy Independence day… Market rallied on 14 August wholesale price index (WPI) number, which shows a fall from 7.25 percent to 6.87 percent.Market rejoiced the number as it rekindled the hope of rate cut by RBI,but the devil lies in detail of the number July’s WPI inflation is down because… Read More »