[23 Apr 2014 | One Comment | 252 views]
Practical Ways of Doing Trading

You don’t choose the stock market; it chooses you.  A little bit of early trading success can have a profound effect on a person’s soul.  If it does choose you, you’ll have to accept that your life and investing will become forever connected.

Your methodology must provide an unshakeable foundation that you believe in totally, and you must have the conviction to trade based upon it.   If your belief is tentative or if you don’t have complete faith in your methodology, then a few bad trades will destabilize and erode your confidence.

A calm …

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Nifty Futures,Stocks, Forex and Commodity Technical Analysis, Technical Stock Trading, Trader Characteristics, trading education, Trading Loss, Trading Psychology »

[23 Apr 2014 | One Comment | 252 views]
Practical Ways of Doing Trading

You don’t choose the stock market; it chooses you.  A little bit of early trading success can have a profound effect on a person’s soul.  If it does choose you, you’ll have to accept that your life and investing will become forever connected.

Your methodology must provide an unshakeable foundation that you believe in totally, and you must have the conviction to trade based upon it.   If your belief is tentative or if you don’t have complete faith in your methodology, then a few bad trades will destabilize and erode your confidence.

A calm …

Intraday Calls, Intraday, Swing Trading Calls in Stocks Future, Stock Futures trading, stock trading, Stock Trading Charts, Stock Trading for Beginners »

[23 Apr 2014 | No Comment | 405 views]
Adani Port,Axis Bank and Reliance Infra technical analysis

Adani Port
Any close above 212 short term target 220 and 225
 

Buy above 205.3 Tgt 208.4,212 and 215 SL 204
Sell below 201.5 Tgt 198.5,195 and 190 SL 203

 
 
Axis Bank

 
Any close above 1508 stock is heading towards 1542 in short term.

Buy above 1502 Tgt 1511,1523 and 1535 SL 1495
Sell below 1488 Tgt 1476,1464 and 1450 SL 1495

 
Reliance Infra

Buy above 532 Tgt 537,541 and 547 SL 528
Sell below 525 Tgt 522,517 and 510 SL 528
 
Performance sheet for Intraday and Positional is updated for April

http://tradingsystemperformance.blogspot.in/
http://positionalcallsperformance.blogspot.in/
 

All prices relate to the NSE Spot
Calls are based …

Nifty Expiry Levels, nifty futures trading, Nifty Futures,Stocks, Forex and Commodity Technical Analysis »

[22 Apr 2014 | One Comment | 1,513 views]
Nifty April Expiry Prediction

FII’s bought 26.8 K contract of Index Futures worth 923 cores (31.1 K longs were added  and 4.3 K shorts were added for  Index Future) with net OI increasing by 35.4   K contracts. So today’s FII’s continue adding longs and also added fresh shorts  Index Futures.

Nifty reacted from the EW target of 6838 and did a day of consolidation by making a low of 6805 and closed well above 6800. Now looking at FII buying in Index futures we can see an impulsive up move if 6800 is not broken, …

Intraday Calls, Intraday, Swing Trading Calls in Stocks Future, market technical analysis, momentum trading, Nifty Futures,Stocks, Forex and Commodity Technical Analysis »

[22 Apr 2014 | No Comment | 532 views]
IDBI,DLF and Godrej technical analysis

DLF
Positional traders should look for close above 158 for short term target of 165 and 178. Any close below 157 stock is heading towards 149.

Buy above 158.3 Tgt 160,162 and 164 SL 157
Sell below 156 Tgt 154.2,152 and 149 SL 157
 
Godrej Industries

Buy above 331 Tgt 335,342 and 350 SL 328
Sell below 327 Tgt 324.5,318 and 313 SL 329

 
IDBI
Positional traders should look for close above 69 for short term target of 76 and 81

Buy above 68 Tgt 69,70 and 71.2 SL 66.7
Sell below 66.2 Tgt 65.5,64.5 and 62 SL 67
 
Performance sheet …

FII Futures and Options Data, FIIs Buying and Selling, nifty futures trading, Nifty Futures,Stocks, Forex and Commodity Technical Analysis »

[21 Apr 2014 | No Comment | 1,169 views]

FII’s bought 11081  contract of Index Futures worth 378 cores (26.3 K longs were added  and 15.2 k shorts were added for  Index Future) with net OI increasing by41.5  K contracts. So today’s FII’s continue adding longs and also added fresh shorts  Index Futures.

Nifty is entering the demand zone, with hourly charts entering oversold so if 6650-6642 is held we can see a decent bounceback till 6710,6750. During an uptrend market might correct for 2-3 session giving a trend reversal signal but can bounceback equally sharply, This is what we discussed …