Monthly Archives: August 2013

Stock Calls:LT, Yes Bank and REC

By | August 27, 2013

Larsen and Tubro LT has formed double bottom at 698. Double bottom are strong reversal pattern,validation will come when 698 is not broken for next 2 days. Any close below 698 will see the stock correcting till 665 odd levels. Holding 698 can see LT bounceback till 754 odd levels. Buy above 715 Tgt 726,737,747… Read More »

Nifty Trading Strategy as per FII Data Analysis

By | August 26, 2013

FIIs sold 36045 contracts of Index Future (Entered fresh shorts in 31007 contracts and booked profit in  5038 Longs) worth 963 cores with net Open Interest increasing by 25969 contracts. So as per data analysis, FII’s are still entering in fresh shorts  in NF and BNF,The rally we saw today was backed by short covering and fresh… Read More »

What to do before you want to start trading

By | August 24, 2013

Trading  is one of the most exciting and money making profession.As a new trader and hearing the success stories of few people making million in short time  it is tempting to jump in as early as possible head first and seek out those high profits for minimal work.However, the truth is trading has also made… Read More »