Feelings naturally appear during trading. The feelings we don’t like seem to have roots deep in our unresolved issues. Somehow they get stuck and do not finish passing through, and can cloud the judgment and interfere with trading. The feelings we do like seem to pass through quickly without much trace. I suggest getting to… Read More »
Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In “good times,” even errors are profitable; in “bad times” even the most well researched trades go awry. This is the nature of trading; accept it. To trade successfully, think like a fundamentalist;… Read More »
Infosys Limited Infy is trading at its supply zone of 2891-94. Crossing above this level can take stock to sub 3000 levels Failing to cross will take back to 2700-800 range. Sell below 2887 Tgt 2864,2851 and 2827 Buy above 2895 Tgt 2911,2930 and 2947 Larsen Larsen and Tubro has retraced 138.2% of… Read More »
A man ought not to be led into trading by tokens. He should wait until the tape tells him that the time is ripe. As a matter of fact, millions upon millions of dollars have been lost by men who bought stocks because they looked cheap or sold them because they looked dear. The speculator… Read More »
Below is my Interpretation of FII OI data Sheet for 13-Feb-12. 1. FII bought 1736 Contracts of NF worth 38.48 cores OI also decreased by 17784 contracts. On Friday FII sold 51,102 contracts worth 1400 Cores. 2. As Nifty Futures was up by 20 points and OI has decreased by 17785 contracts means profit… Read More »
Bajaj Auto Trendline resistance in Bajaj Auto. Buy above 1755 Tgt 1775 and 1802 Sell below 1729 Tgt 1709,1682 and 1662 SBIN SBI will be coming out with its results today. Provisioning and NPA will decide the fate of stock Gap filling was completed today with stock making a low of 2102. Further… Read More »
Forget about predicting and thumping your chest with pride when you are right. If you think you are smarter than the net total of all participants in the markets then good luck. Money is made by going with the flow of the market until the flow changes. Your job is to find ways to actually… Read More »
Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In “good times,” even errors are profitable; in “bad times” even the most well researched trades go awry. This is the nature of trading; accept it. Bank Nifty Bank Nifty had a one… Read More »
“In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it’s important not to be emotionally attached to large profits. I’ve certainly made some of my worst trades after long periods of winning. When you’re on a big winning streak, there’s a temptation to think that… Read More »
SBIN SBIN is declaring its results today.Stock has both trendline resistance at 2088 and 200 SMA@2098. Good Results are already factored into market as per current rally . Stock is Overbought on Daily charts Buy above 2100 TGt 2115 and 2142 Sell below 2068 TGt 2042,2023 and 2004 Ambuja Cement Double Top… Read More »