Monthly Archives: February 2012

Technical Levels:Hindalco,SBI and Bank Nifty

By | February 6, 2012 9:58 am

Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In “good times,” even errors are profitable; in “bad times” even the most well researched trades go awry. This is the nature of trading; accept it. Bank Nifty Bank Nifty had a one… Read More »

Nifty Weekly Technical Analysis for Week Begining 06 Feb

By | February 5, 2012 5:28 pm

Nifty continued its dream run with another 2.3% upmove for the previous week. FII has bought equities worth 4691 cores on first 3 days on February, which lead to Nifty moving above the 200 DMA.   Trend Deciding level 5205  gave good trade to positional traders as per Last Weekly Analysis Are we out of… Read More »

Build your Trading Confidence

By | February 3, 2012 11:15 am

Confidence can be an important psychological tool for the trader – important enough to make the difference between a winning trade and a losing trade. When you develop your trading plan, it is obviously important that you have confidence in its accuracy and usefulness and in your belief that you can follow your plan closely… Read More »

Technical Analysis:RIL,Wipro and ICICI Bank

By | February 3, 2012 9:15 am

“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… Read More »

FII FnO Data Analysis for 3 Feb Trade for Nifty Futures

By | February 2, 2012 9:16 pm

 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… Read More »

Technical Analysis:SBI and Ambuja Cement

By | February 2, 2012 9:05 am

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… Read More »

FII FnO Data Analysis for 2 Feb Trade for Nifty Futures

By | February 1, 2012 8:06 pm

 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… Read More »