Trading Mistakes

01. Anger over a losing trade – Traders usually feel as if they are victims of the market. This is usually because they either 1) care too much about the trade and/or 2) have unrealistic expectations. They seek approval from the markets, something the markets cannot provide. 2. Trading too much – Traders that do this have … Read more Trading Mistakes

FII Derivative Data Analysis for 21June trade in Nifty Future

All eyes will be on US Fed announcement at  10:00 PM IST  Will he extend monetary easing of Operation Twist which expires in June 2012. Well situation in US is similar  to India, US government is not taking any steps to improve the fiscal situation and reforms which can spur it with lot of political … Read more FII Derivative Data Analysis for 21June trade in Nifty Future

Technical Calls:Reliance,Pantaloon and Reliance Capital

Traders who need to make money “right now” will trade more aggressively not realizing that the market will do what it wants when it wants regardless of the sand left in the hour glass.  I don’t know about others but I would much rather chase three turtles than one rabbit any day.  Slow and steady … Read more Technical Calls:Reliance,Pantaloon and Reliance Capital

FII Derivative Data Analysis for 20 June trade in Nifty Future

  IMF crisis fund swells to 6bn as BRIC nations pledge cash.India Donates 10 Billion USD and China Donated 43 Billion USD, Indian is running a Current and Fiscal Account Deficit  and China is unable to revive its economy but donating money to IMF. This kind of political mockery by China and India should be … Read more FII Derivative Data Analysis for 20 June trade in Nifty Future

Technical Calls:Bank Nifty,REC and Ranbaxy

Bank Nifty Bank Nifty is respecting the trendline channel with support at important moving averages.Trendline resistance 10197 and support at 9666. Buy above 9750 TGt 9820,9881 and 9935 Sell below 9661 Tgt 9564,9484 and 9444 REC Limited REC has been quiet volatile within range of 182-170. Taking support at 170 and Selling off from 181. … Read more Technical Calls:Bank Nifty,REC and Ranbaxy

FII Derivative Data Analysis for 19 June trade in Nifty Future

RBI did the right thing by not reducing the rates but so much expectation was built in so we had a 100 points collapse in NF in 10 mins, Also i did mention is last analysis do not take position in Opening trades as pressure will come from people holding longs. Still the trend is … Read more FII Derivative Data Analysis for 19 June trade in Nifty Future

FII Derivative Data Analysis for 18 June trade in Nifty Future

  1. FII  bought 8562 Contracts of NF ,worth 197 cores. 2. As Nifty Future was up up by 93  points and OI has increased by 24604  contracts  means FII have created fresh longs in Index futures. 3. Nifty made a high of  5146 and closed above both 200 DMA@5070 and 50 DMA@5072, which is … Read more FII Derivative Data Analysis for 18 June trade in Nifty Future

Nifty Weekly Technical Analysis for Week Beginning 18 June

The All Important Greece Vote will be conducted tomorrow, What results Financial Market accept  (Click on Link to see) . We have the all important RBI policy on Monday market expectation are as follows Repo Rate :Exp 7.75%, Current 8.0% CRR :Exp 4.75%, Current 4.75% Reverse Repo :Exp 6.75%, Current 7.0%   Nifty Hourly Chart … Read more Nifty Weekly Technical Analysis for Week Beginning 18 June

Greece Election and Its Impact on Financial Markets

As Sunday’s Greek elections approach, consensus is rising Will it be a  Lehman Brothers moment for Europe. This will come true , if the hard-left bailout-denouncing Syriza party wins, it could set off a cataclysm in the markets, a chain reaction that would set neighbors and then the whole world on fire. So Will it … Read more Greece Election and Its Impact on Financial Markets

Why Traders Stick to Losing Position?

From a psychological point of view nobody wants to sell at a loss as in most situations in life making mistakes and admitting them is associated with being a loser. That’s why most people prefer sticking to a losing position. They don’t want to be labeled a loser. So they start hoping their position will … Read more Why Traders Stick to Losing Position?