Jubilant Food Positional Traders can use the below mentioned levels Close above 2810 Target 2960 Intraday Traders can use the below mentioned levels Buy above 2810 Tgt 2826, 2843 and 2874 SL 2800 Sell below 2777 Tgt 2750, 2725 and 2700 SL 2895 Glenmark Positional Traders can use the below mentioned levels Close above 458… Read More »
FII bought 2.7 K contract of Index Future worth 361 cores, Net OI has increased by 1.4 K contract 2 K Long contract were added by FII and 634 Shorts were covered by FII. Net FII Long Short ratio at 1.38 so FII used fall to enter longs and exit shorts. I was not able… Read More »
I was not able to update for few days,Words can not express our thoughts. We are so very fortunate to know and have the relationships of each and every one of you. As discussed in below video we saw the bank nifty price time squaring on 11 and saw big fall. Now today we have… Read More »
Company Profile The IPO of gaming firm Nazara Technologies opened today to strong demand and the company, backed by ace investor Rakesh Jhunjhunwala, has set a price band of ₹1,100-1,101 a share for the issue. Nazara Technologies Limited is India based diversified gaming and sports media platform with presence in India and across emerging and developed… Read More »
Shared by Raj This one is from Edward Allen Toppel: ‘Zen in the Markets’, one of the first trading related books I ever bought. That’s the passage that made a lasting impression on me. Timeless wisdom.As Dennis Gartman put it succinctly: ‘Complexity breeds confusion’. Enjoy the excerpt: To see things as they are and not the way you want them… Read More »
Australian cricketer-turned-commentator Dean Jones, in an interview for Wisden, observed that two-thirds of Sachin Tendulkar’s game is based around defence. Most of the shots in any Sachin century, he says, are based on forward defence, back-foot defence and letting the ball go. As any coach would vouch, letting the ball go is possibly as important… Read More »
Tickeritis is a frustratingly painful disease uniquely associated with trader doing intraday or short term trading. In 1926 Henry Harper, in a book called The Psychology of Speculation, labelled the constant need to watch the market as “tickeritis” You know you have this Tickeritis when after a trade entry each and every tick that moves… Read More »
What’s the difference between an amateur and a professional trader? Amateur Trader works on “Knowing What To Do” (KWTD) Professional Trader works on “Doing What You Know” (DWYK). To perform well in the markets you need more than just skills,knowledge and a strategy with an edge or some competitive advantage. You need to have a… Read More »
I’m sure you’ve heard that the two main emotions that enter into trading are fear and greed. Today we will discuss about Fear of Losing. Many Traders i have interacted with have one common question why i am unable to ride my trade to the fullest. In the ongoing rally in World Markets many traders… Read More »
How many times have blamed market operator or FI’s/OperatorI for hitting your Stoploss. How often have you seen price hit your stop before reversing and going straight to your original target? We as traders have all seen it countless times and wondered whether our broker/FII’s/Operator is hunting stops. The good news, though, is that brokers… Read More »