Monthly Archives: November 2013

11 Biases That Affect Traders

By | November 28, 2013

Overconfidence As the name suggested, it is the irrational faith in one’s skills, methodology or beliefs. For example, you see a certain chart pattern and make a maximum leveraged trade, even though you understand that any chart pattern cannot predict market with certainty. Trading excessively after a winning streak also shows overconfidence. Cognitive Dissonance It… Read More »

FII F&O data analysis for 27 Nov

By | November 26, 2013

FIIs sold 529 contracts of Index Future (bought 1824long contract and 2353 shorts were added) worth 16 cores with net Open Interest increasing by 4177contracts.Clearly mentioned yesterday we are not out of woods and saw the trailer today, Picture abhi Baki hai !! As mentioned yesterday  Bullish move only on close above 6155 odd levels,below it can… Read More »

Election 2014: Modi’s multiple challenges

By | November 26, 2013

Interesting Report on Election 2014   Global investment banking firm Goldman Sachs had on November 5 upgraded its rating for Indian markets from underweight to market-weight on the back of what it calls the change in India’s political climate. The latest Goldman Sachs report observes: “Equity investors tend to view the BJP (Bharatiya Janata Party)… Read More »