Monthly Archives: April 2013

Nifty form exhaustion gap, FII FnO Analysis

By | April 30, 2013

FIIs sold 876 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 27 cores with net Open Interest increasing by 13946 contracts.The stock market remains closed on Wednesday, 1 May 2013, on account of Maharashtra Day. Trading Holiday for 2013 can be seen on this link. Trading Mistake:Lack of Patience. Nifty formed… Read More »

Maruti,HUL and SBI Technical Analysis

By | April 30, 2013

HUL HUL came up with a good set of earning yesterday, Stock has broken out of its trading range with breal of pennant formation suggesting  follow up buying will come in today. Buy above 500 Tgt 510,518 and 527 SL 497 SBI SBI has been trading perfectly in its uptrending channel, SBI has broken this… Read More »

Nifty Future Technical Analysis as per FII Data

By | April 30, 2013

FIIs bought 396 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 7 cores with net Open Interest increasing by 10328 contracts.FII created long in INdex future.Worlds Best Technical Analyst NS  made a lower top at 5916 , below the swing high of 5925. As discussed in Weekly Analysis  Market will take… Read More »

Psychological Traits of the Profitable Trader

By | April 29, 2013

Many new traders are taken out of the trading game through bad mental practices. Here are some things that top money managers have shared through interviews and books that may help traders who are making mental mistakes in their trading. Psychological Traits of the Forex/Commodity /Stocks Trader, All have the below points in common. Try… Read More »

Maruti,Bharti Airtel and JSPL Technical Analysis

By | April 29, 2013

April Series came to an end and Stock Calls given on site have made profit of 1.28 Lakhs. For the reference of readers the performance sheet for the Month of April/March Expiry has been updated, can be accessed from update May Series calls performance today evening. Maruti Maruti has been on magnificent run as… Read More »

Will RBI deliver on 3 May? Nifty Weekly Analysis

By | April 28, 2013

Next week 3 may we have our RBI policy, Expectation are high for rate cuts as Bank Nifty is up 1100 points in 8 trading days. If RBI disappoints the market we can see a corrective decline in market. As Nifty and Bank Nifty both have rallied before the event The market will take some… Read More »

Understanding your trading brain

By | April 27, 2013

Many readers have asked me the following question: “what we are watching and what we are doing is totally opposite ?” “What we would like to act and trade  and we do something reverse than that as soon as we see the trading terminal! ” “I do plan ,than trade but anyhow it goes unfollowed… Read More »

Worlds Richest TA Traders

By | April 26, 2013

I was very happy to discover that the Forbes Rich List was scattered with investors and hedge fund managers who have profited handsomely despite giving fundamentals a back seat.  Here are my favourites from the 2012 list:   2012 Forbes – #82 James Simons – 11.0 Billion Sometimes referred to as the “Quant King” he is also a… Read More »