“In many ways, large profits are even more insidious than large losses in terms of emotional destabilization. I think it’s important not to be emotionally attached to large profits. I’ve certainly made some of my worst trades after long periods of winning. When you’re on a big winning streak, there’s a temptation to think that you’re doing something special, which will allow you to continue to propel yourself upward. You start to think that you can afford to make shoddy decisions. You can imagine what happens next. As a general …

 Below is my Interpretation of FII OI data Sheet for 2-Feb-12.

1. FII bought 11919 Contracts of NF worth 328.75 cores OI also increased by 7895 contracts.
2. OI has increased by 7895 Contracts which means FII have moved towards long side of trade, Still no signs of shorting the index

3. Averge traded price from FII data comes at 5516 which is way higher  than today’s traded price of 5272, which means institution have done lot of day trading.
4. Nifty trend is strong which can be understood how the Dips on Supreme …

SBIN
 

SBIN is declaring its results today.Stock has both trendline resistance at 2088 and 200 SMA@2098. Good Results are already factored into market as per current rally .

Stock is Overbought on Daily charts
Buy above 2100 TGt 2115 and 2142
Sell below 2068 TGt 2042,2023 and 2004
 
 
Ambuja Cement

Double Top formation which is bearish in nature.

Sell in range of 165-166 TGt 162.5 and 159.8

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 Below is my Interpretation of FII OI data Sheet for 1-Feb-12.

1. FII sold 16786 Contracts of NF worth 427 cores OI also decreased by 7516 contracts.
2. OI has decreased by 7516 contracts which means FII have used the rise to book out longs, Still no signs of shorting the index

3. Lets analyses the Data of OI from start of series ie. On 27 Jan OI was 477398 today OI is 443924 net deletion in OI 33474 almost 9%. Which means FII have used the Rise to book out longs they …

 Below is my Interpretation of FII OI data Sheet for 31-Jan-12.

1. FII bought 15051 Contracts of NF worth 382 cores OI also increased by 4919 contracts.
2. Nifty Futures was able to cover up all the looses made yesterday ended up by 117 points,As OI also increased by 4919 contracts longs were added into the system.
3. We have clearly mentioned yesterday there were no indication of shorting from BIg Boys and today we saw the effect. Hope the timely warning helped trader and avoided shorting the INDEX
4. Today Nifty made one …