I am Looking at FII OI data Sheet for 17 No, I have made the following Interpretation.
Let me go by Disclaimer these Observation should not be used as Trade recommendation in NF

1. FII sold 44130 Contracts in NF worth 1076 Cores in Index Futures with Open Interest Increasing by  57640  contracts.
Now this is Interesting as Open Interest has not risen but has fallen today. Going by classic OI Theory
Fall In Price with rise in Open Interest means FII  has added shorts in Future and there total shorts in November series …

Nifty after long time made wild and volatile swings accompanied by Heavy volumes. Yesterday 5.54 Lakhs contract were traded in NF and maximum volume came in last half hour where Nifty made a move of 130 points (50 points down and 80 points up) in matter of 30 mins.
The whole game was played by FII as they bought 109703 contacts on Buy side and 142367 contracts on Sell side. These are heavy volumes not seen in recent past.
If one analyses the tick volume data closely 74K contracts got traded at …

Nifty Daily
Nifty has been correcting 5 days in a row forming lower lows and as per SGX Nifty we will open around 5020-5030 levels
On daily charts Nifty seems to be doing the repeat 08 July as shown in above chart.

It touched 200 DMA
Started Correcting till 50 SMA
Bounced back again to touch 200 SMA and finally collapsed as unable to breach for second time.

Scenario which has payed till now

Nifty touched 200 SMA@5400
Corrected yesterday till 50 SMA@5068
We need to watch from today how it pans out Will it repeat the History ??

From …

  Discipline - Majority of traders are not disciplined in their approach, else they would not be failing. These failed traders simply hate to hear the word Discipline! As Jack Schwager points out in his book, ‘The New Market Wizards’, “Discipline was probably the most frequent word used by the exceptional traders that I interviewed. Often it was mentioned in an almost apologetic tone: ‘I know you’ve heard this a million times before, but believe me, it’s really important’.”

Site is given a new Look Do let me know your feedback …

Over the years, I have seen several people (including myself) lose fortunes while trading stocks, and I’ve found that invariably, it would be for the same reasons. Such reasons appear mostly psychological and occur often in the trading scene.
It is a known fact 80% of traders lose money and 20% makes profits on the expense of 80% traders going well verse with
Pareto principle
So what exactly is the reasons behind that the misery of traders losing money.
Trade without plan: Most of traders enter the market based on there intuition. They just …

Trading is a process of continuous learning. If a trader pays close attention to what was done wrong or could have been done differently in past trades, a trader can greatly improve future performance.
For example, a trader may notice that there is some commonality in certain trading situations. In fact, by doing a postmortem on all trades, a trader may be able to identify indicators with high degrees of confidence. Likewise, a trade postmortem may reveal a flaw or omission in proper trading procedures. In any case, a trader must …

                                                    Traders Best weapon

1. Control Your Ego
 
“Everyone wants to feel like a winner. It’s tempting to pat ourselves on the back for making a winning trade, but it’s essential to face the facts: Many times a winning trade is a combination of an astute insight AND being at the right place at the right time. In other words, external circumstances such as plain good luck make you a winner.
When you put too much of your ego on the line with your money, you may feel great when you win, but …

As a sportsman(So too as a trader), you’ve got to realize that it’s not the end of the world if you lose one game or more..You should get down to basics and play every point on its merit. The moment you sit down to differentiate the first point from the last, emotions take over. Now, that needs to be detached. Focus is defined by the three “c”s, Courage, Composure and Consistency. When you need to prepare, there should be no distractions whatsoever. This is not a hobby, this is no …

Once you are in a trade the question quickly rears its head:
How and when do you get out of the trade at a profit?
Setting targets has to be one of the most important elements of your trading strategy.

Targets can be time-based (”I’ll stay in the trade for three weeks”)

Technically-based Depending on Your Trading System

Profit-based (”I’ll get out when I have an open profit of  50K INR)

Price-based (”I’ll get out of the trade when it reaches a certain price.”)

Of the  methods each has some advantages and liabilities. Technical exits are …

 
Bombay Dyeing
Bombay Dyeing has it given a break out ?
Looking at daily chart Stock has broken above its upper trending line and 200 DMA with volumes but..
200 DMA is dividing line between BUlls and Bears. Below 200 DMA bears rule and above 200 DMA BUlls do party.
The most important level to confirm breakout id 386-387 above which only if Bombay dyeing closes Breakout gets confirmation and Stock can very well move till 419 levels.

Buy above 387 Tgt 397,404 and 419
Sell below 371 Tgt 363,359 and 351

Mundra Port SEZ
Our Reader Mr. …