As traders we have two general ways to engage financial markets.  First, we can conduct intensive research on macroeconomic drivers, fundamental news releases, and key economic data and come to a conclusion concerning the future direction of a specific financial asset; then, once the research has been conducted and a decision has been made, we enter a position.  Second, we can look at charts depicting current and historical prices of a financial asset and apply a myriad of technical indicators in order to determine what direction price may be headed …

Moving Average Convergence-Divergence
(MACD) was originally constructed by Gerald Appel an analyst in New York. Originally designed for analysis of stock trends, it is now widely used in many markets.
MACD is constructed by making an average of the difference between two moving averages. The difference of the original two moving averages and the moving average of the difference can be plotted as two lines, one fast and one slow
How is it Use?
MACD measures the difference between two Exponential Moving Averages (EMAs). A positive MACD indicates that the 12-day EMA is trading …

By Jason Van Bergen
It is simply not possible for any trader–whether amateur, professional or anywhere in between–to avoid every single loss. The disciplined trader is fully cognizant of the inevitability of losing hard-earned profits and, as such, is able to accept losses without emotional upheaval. At the same time, however, there are systematic methods by which you can ensure that losses are kept to a minimum.
The System
Every trader should employ a loss-limit system whereby he or she limits losses to a fixed percentage of assets, or a fixed percentage loss …

Bank Nifty
Bank Nifty has been trading 10900-10350. Break of 10285 will start the gap filling process.

Sell below 10345 Tgt 10285,10215 and 10170
Buy above 10525 Tgt 10595,10625 and 10699
 
ICICI Bank
ICICI bank forming a rising wedge pattern.

Sell below 910 Tgt 900,891 and 884
Buy above 928 Tgt 936,944 and 954
 
Pantaloons
Facing resistance at its 50 SMA,No news on FDI in multi brand retail

Sell below 154 Tgt 150.4,145 and 142
Buy above 159.2 Tgt 164.2,168 and 171

Share this:

An avaricious or keen desire for profits is one of the most prevalent causes of failure in speculation. This weakness is general among traders. They desire “just a little more ” profit. If the stock or commodity bought advances, then that’s proof to them that it will advance further and so they hang on. They usually overstay and thus miss their market. If they fail to obtain the top price and it reacts, then they assure or console themselves by the expression: “Oh, it will come back.” It may “come …

Below is my Interpretation of FII OI data Sheet for 26 Dec.
 

1. FII bought  12,404  Contracts in NF worth 272  Cores in Index Futures with Open Interest increasing  by 4984 contracts.
2. As NF  was  up  by 68  points  with Open Interest increase by  FII . Rise in OI with Rise  in price means  longs were created by FII .
3. Net Exposure of FII for the December Series is 42,958  contracts which i am assuming are longs. Now this figure will be shocker to hard core bears as doomsday Sayers were predicting …

Below is my Interpretation of FII OI data Sheet for 07 Dec.
Let me go by Disclaimer these Observation should not be used as Trade recommendation in NF
 

1. FII bought  20,044  Contracts in NF worth 539 Cores in Index Futures with Open Interest Increasing by  13804  contracts.
2. FII has added  longs as the volume tick in morning came at 5066 NF means big fund buying happening at that level, The significance of 5066 came in last half hour of session when we had a waterfall decline but morning low 5055 and …

When markets are

Volatile
Overbought in Short Term
May Reverse from the current trend as per technical

Most common term used by traders/analyst is

Tighten your Stop Loss/Use Trailing Stop Loss

Stop loss order is an order to close position if/when losses reaches a particular point. In other words this is an order by which you can decide the maximum loss that you are ready to accept. Here we are going to discuss only Stop Loss Order regarding Day Trading, but the same principle can be used for Swing Trading or Long Term Trading.
How should one …

The Indian government has announced that it would borrow an additional Rs 53000 Cores from the market. This would take the total government borrowing for the fiscal year higher by almost 13% from the budgeted Rs 4.17 trillion to Rs 4.7 trillion.
If you think Interest rates are Peaked out the above news give more proof than more rate hikes are coming. You may ask how does higher government borrowing translates into high interest rates.
When demand for funds shoots up, interest rates go up in tandem. So high interest rates coupled …

The market will reward your discipline.  Let’s face it, the market is one disciplined son of a gun.  When it says it is going to crush the bears with their death cross and the bulls with their golden cross it does.  When the market says a bearish economic report does not matter I am going higher anyway it will.  When the market says that cute little support line you drew is nothing but “a lead pencil and I am an eraser”, then erasing it will go.  Stick to a discipline …