FII FnO Data Analysis for 01 march Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 29-Feb-12. 1. FII sold  6170  Contracts of NF worth 157  cores OI also increasing  by 10790 contracts. 2. As Nifty Futures was down by 2  points and OI has increased by 10790  contracts means shorts  were added into the system.Why I say because NF sold … Read more FII FnO Data Analysis for 01 march Trade for Nifty Futures

Technical Analysis:Bata India,ICICI Bank and Jindal Saw

When a position is getting ready to stop you out at a loss, do you find yourself bargaining with the name? Do you find your frustration level rising? Do you justify the reason for the move against you, and give it a little more room, only to get stopped out at a bigger loss? Or … Read more Technical Analysis:Bata India,ICICI Bank and Jindal Saw

FII FnO Data Analysis for 29 Feb Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 28-Feb-12. Yesterday we had a fall of 148 points today a rise of 102 points. We already had discussed possibility of rally today and it got materialized. Hope Traders were able to catch the right directions and make money. Lets move whats in store for … Read more FII FnO Data Analysis for 29 Feb Trade for Nifty Futures

Technical Analysis:HUL,SBI and Tata Motors

Not having a plan. Get a plan, who cares if it is bad, start with something. You can build off of it and refine it. You have to be willing to spend the time to make the plan yours. You do not start anything without some level of planning. Trading is hard; your brain spends … Read more Technical Analysis:HUL,SBI and Tata Motors

FII FnO Data Analysis for 28 Feb Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 27-Feb-12.   Today was the day many bears might have rejoiced if they are still holding the shorts 😉 It was a relentless fall in recent times with no pullback coming,Another thing to note is correction always come point to point which basically traps a … Read more FII FnO Data Analysis for 28 Feb Trade for Nifty Futures

Technical Analysis:Mphasis,ICICI bank,Infosys and Sesa Goa

Feelings naturally appear during trading. The feelings we don’t like seem to have roots deep in our unresolved issues. Somehow they get stuck and do not finish passing through, and can cloud the judgment and interfere with trading. The feelings we do like seem to pass through quickly without much trace. I suggest getting to … Read more Technical Analysis:Mphasis,ICICI bank,Infosys and Sesa Goa

Nifty Weekly Technical Analysis for Week Begining 27 Feb

The much anticipated downward correction materialized during the week gone by.Nifty corrected after 7 weeks of breath taking rally which was surprise for most of market participants. Nifty is approaching monthly closing in next 3 days which will be keenly watch. Nifty Hourly Chart On Hourly chart Nifty was able to fill 2 gaps as … Read more Nifty Weekly Technical Analysis for Week Begining 27 Feb

What a Trader Really Needs to Be Successful

By Robert Prechter, Jr. President and Founder of Elliott Wave International When I first began trading, I did what many others who start out in the markets do: I developed a list of trading rules. I created the list piecemeal, with each new rule added, usually, following the conclusion of an unsuccessful trade. I continually … Read more What a Trader Really Needs to Be Successful

FII FnO Data Analysis for 24 Feb Trade for Nifty Futures

Below is my Interpretation of FII OI data Sheet for 23-Feb-12. 1. FII bought  4976   Contracts of NF worth 137.31  cores OI also decreasing  by 343895 contracts with NF ending the month with 325 points gain 2. As Nifty Futures was down by 30  points and OI has decreased by whopping 343895  contracts means … Read more FII FnO Data Analysis for 24 Feb Trade for Nifty Futures

FII FnO Data Analysis for Feb Expiry

Below is my Interpretation of FII OI data Sheet for 22-Feb-12. Correction are always fast and furious,and if you are not prepared give you no time to react before you see the screen what has happened.   1. FII sold   12751   Contracts of NF worth 346.98  cores OI also increasing  by whopping  142427 … Read more FII FnO Data Analysis for Feb Expiry