Reason for Global Market collapse,How to trade Nifty now?

World Market throughout the  globe were down between 2-4% today and the shock waves epicenter being ITALY . Italy’s ten-year bonds and 5 -year bond yields  went  above the 7% level which has marked the point of no return for other countries that required bail-outs. That suggests that their real worry is that Italy won’t … Read more Reason for Global Market collapse,How to trade Nifty now?

Need of Trading journal for Successful trading

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 … Read more Need of Trading journal for Successful trading

Technical Analysis:Bank Nifty and SBI before SBI Results

Every winner needs to master three essential components of trading; a sound individual psychology, a logical trading system and good money management. These essentials are like three legs of a stool – remove one and the stool will fall, together with the person who sits on it. – ALEXANDER ELDER SBI   SBI is coming … Read more Technical Analysis:Bank Nifty and SBI before SBI Results

Nifty Weekly Technical Analysis for Week Beginning09 November

Food inflation rises to nine-month high of 12.21% and after that the Indian Government has done another Petrol Hike by Rs 1.82 which will go ahead and increase fuel inflation also.  This fuel price Hike after Petrol de regulation is burning big holes in pocket of indian consumers and goverment has told in strict sense … Read more Nifty Weekly Technical Analysis for Week Beginning09 November

Technical Analysis:Bank Nifty,Jubliant Food and DLF

Overtrading There are stock traders who make 150 or more trades in a single day. I am not sure they make a lot of money. I firmly believe that you can make more money by making fewer trades because it will make you focus on only the best of opportunities, and play them with a … Read more Technical Analysis:Bank Nifty,Jubliant Food and DLF

Technical Charts:LT,M&M and Aban Offshore

What drives stock prices are human reactions. Ironically, the key to successful speculation is to remove our decisions from our emotions. “Without control over your emotions, there is very little chance for profitable success in the stock market.” Larsen and Tubro LT is trading in the range of 1429-1267. Stock looks week technically but value … Read more Technical Charts:LT,M&M and Aban Offshore

Technical Analysis:Nifty,Infy and Biocon after Global Sell off

Greece is back in Lime Light again with the surprise annoucment by its PM PAPANDREOU GREEKS TO VOTE ON EURO MEMBERSHIP IN REFERENDUM: PAPANDREOU. Why is this so market un-nerving news reason Being PM has asked the Greeks to vote for the  the austerity measures his government has  taken and Do GREEKS LIKE it or … Read more Technical Analysis:Nifty,Infy and Biocon after Global Sell off

Technical Analysis:Tata Sponge,RIL,ICICI Bank and REC ltd

Winning disrupts the trader’s emotions as much as losing – We are disrupted when we experience events outside our expectation. The method that is 60% accurate will experience four consecutive winners about 13% of the time. Traders are just as susceptible to overconfidence during profitable runs as underconfidence during strings of losers.   Tata Sponge … Read more Technical Analysis:Tata Sponge,RIL,ICICI Bank and REC ltd