Monthly Archives: September 2013

Nifty fall below 5800, FII Data analysis

By Bramesh | September 30, 2013

FIIs sold 31289 contracts of Index Future (sold 25217 long contract and  6072 shorts were added ) worth 864 cores with net Open Interest decreasing by 19145 contracts.FII’s have shorted Index Futures again but in small quantity.CAD for Q1 widens to $21.8 billion, stands at 4.9% of GDP but numbers are better than market expectation. Nifty ended… Read More »

Bank Nifty Weekly Technical Analysis

By Bramesh | September 29, 2013

Bank Nifty will likely take cues from  June quarter current account deficit and will remain volatile tomorrow.The RBI will release the June quarter current account deficit tomorrow. Government aims to contain current account 3.7 per cent of GDP for the entire fiscal. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly… Read More »

Nifty Weekly Technical Analysis

By Bramesh | September 29, 2013

Last week we gave Trend Deciding level as 5984 Nifty  Nifty achieved 2 weekly target with a gain of 168  points. Will US government Shut Down, Italy Political Situation and Aug Fiscal deficit  figures coming out on Monday will dictate the trend for coming week. Indian Market will remain close on 2 Oct on account… Read More »

Trading Lesson Learnt From my Trading Guru Part-III

By Bramesh | September 28, 2013

In Continuation with the previous 2 articles Trading Lesson Learnt From my Trading Guru Valuable Trading Lesson Learnt From my Trading Guru Part-II Before starting the article a small note, If You Really Enjoy my article, Could you please do me a ‘Huge favor’ after you have finished reading today’s lesson. Please click the Facebook… Read More »

FII FnO data analysis for 30 Sep

By Bramesh | September 27, 2013

FIIs sold 8868 contracts of Index Future (sold 3431 long contract and  5437 shorts were added ) worth 243 cores with net Open Interest increasing by 2006 contracts.FII’s have shorted Index Futures Nifty continued to move in the trading range, today formed bearish engulfing pattern but it took support at the rising trendline. Monday’s price action will… Read More »

Nifty October series overview as per FII data

By Bramesh | September 26, 2013

FIIs bought 50350 contracts of Index Future (sold 1.2 Lakh long contract and  1.04 Lakh shorts were squared off ) worth 1497 cores with net Open Interest decreasing by 2.2 lakh contracts.Nothing much to read in these numbers. Nifty continued to move in the trading range and finally expired above 200 DMA, Yesterday Nifty formed an hammer… Read More »

Why traders who trade on news are Bound to fail in long run.

By Bramesh | September 26, 2013

The professional trader knows how to process multiple inputs, yet remains calm and decisive. In this age of information and technology there is zillions of information going round  it’s easy to experience information overload. If you try to process and digest more information than you can handle, you’ll experience frustration and anxiety. If you aren’t… Read More »