Monthly Archives: November 2013

How will Nifty react to IIP and Inflation data

By | November 13, 2013 7:58 am

FIIs sold 23105 contracts of Index Future (sold 2799 long contract and 20306 shorts were added ) worth 693cores with net Open Interest increasing by 17507 contracts.So after break of 6077 chopad level FII’s got aggressive and added more shorts into the system. Nifty continued with its correction for 7 day running and broke the Important chopad level … Read More »

FII FnO data analysis for 12 Nov

By | November 12, 2013 12:08 am

FIIs sold 17270 contracts of Index Future (sold 21945 long contract and 4675 shorts were covered ) worth 531 cores with net Open Interest decreasing by 22704 contracts.Again FII’s are not adding any fresh shorts exiting longs so relief rally is on cards in next 2 days. Nifty continued with its correction for 6 day running and… Read More »

Nifty Weekly Analysis

By | November 10, 2013 9:48 pm

Nifty Daily Chart Nifty Daily chart is forming a rising wedge formation,which has broken on downside. Rising Wedge are bearish formation and we need to see follow up down move below 6100 for pattern to shown its true color.    Nifty Gaps For Nifty traders who follow gap trading there are 5 trade gaps in… Read More »

The Three Keys That Unlock Trading Success

By | November 8, 2013 2:28 pm

Trading System They trade a robust system or method that wins more money over time than it loses. Their system gives them a reward to risk ratio that is in their favor. Their system or method is proven to work with a live trading record over many markets and trades or has  historical back testing. Trading with… Read More »