Axis Bank Axis bank has been trading in range of 1530-1445, from past 10 trading sessions. Break of the range below 1445 can see the stock correcting till 1370 odd levels. Buy above 1457 Tgt 1464,1474 and 1484 SL 1452 Sell below 1444 Tgt 1434,1425 and 1413 SL 1452 ITC ITC, which has the… Read More »
Trading is a Skill and it takes time to develop the Skill.Trading is simply like learning to drive a car, it is a skill that anyone can learn. Trading doesn’t take extreme intelligence or any superhuman gifts, it simply is hard work, just like learning to drive a car. Any person who need to become… Read More »
FIIs sold 35017 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 985 cores with net Open Interest increasing by 28883 contracts. FII added more shorts in Index Futures as net OI rose with price. How to manage Commodities Trading Account . Nifty has fallen 189 points in matter of 2 days… Read More »
I always suggests trader to create a trading plan before markets opens and strictly execute the trades as per the plan. Its a well know adage Plan the trade and Trade the plan.Most of traders trade impulsively in trading,without any plan, they go as per there intuition and end result is losses. I have written… Read More »
1. FIIs sold 23908 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 699 cores with net Open Interest increasing by 16992 contracts. Financial Markets around the world, were rocked by Cyprus bailout, Read more about What is Cyprus Bailout Crisis 2. As CNX Nifty Future was down by 45 points,… Read More »
1. FIIs bought 13834 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 410 cores with net Open Interest decreasing by 8960 contracts. Share pledging How it works? 2. As CNX Nifty Future was up by 48 points, with Open Interest in Index Futures decreasing by 8960 so FII have booked profit… Read More »