FII Data Analysis before RBI Policy

FII’s sold 5336 contract of Index Futures worth 177 cores (5.7 K longs were added and 11.1 K shorts got added in Index Future) with net OI at 16918. So before crucial RBI policy FII’s majority shorts. Nifty made a new life high again today 6730 ,and closed near its trendline. Nifty ended the Quater … Read more FII Data Analysis before RBI Policy

Are Indian stocks in bubble territory?

Whenever something reaches lifetime highs, questions are asked whether the asset class in question is in bubble territory. Indian equities would certainly qualify to be at the receiving end of such a scrutiny. Both Nifty and the Sensex are being seen flirting with their all time highs with consistent regularity these days. The latest such … Read more Are Indian stocks in bubble territory?

How to trade Bank Nifty before and after RBI Policy

The Reserve Bank of India’s First Bi-monthly Monetary Policy Statement, 2014-15 on Tuesday, 1 April 2014, will dictate near term trend of Bank Nifty. Last Week we gave Chopad level of 12120 and Bank Nifty did all 3 target on upside. Lets analyze how to trade bank nifty in RBI week.Bank nifty has been up … Read more How to trade Bank Nifty before and after RBI Policy

USD INR breaches 60,Weekly Technical Analysis

Rupee  breached the psychological mark of 60 per dollar,Rupee has rebounded 15%. In the January-March quarter alone, the rupee has gained 3.6%, making it the second best performer in the region. Lets analyze rupee move in coming week as we have crucial RBI policy. USD INR Hourly INR is trading at the lower end of … Read more USD INR breaches 60,Weekly Technical Analysis

Top 5% Trader

The largest academic study ever conducted on day trading shows that most traders lose money  even during a bull market. Only 5% of active traders were able to earn significant profits two years in a row. Are 95% of traders dumb? Hardly. As a trading coach , I believe  traders are among the intelligent and … Read more Top 5% Trader

IDFC,Bajaj Auto and Hindalco stock analysis

IDFC Positional traders should look for a close above 123 for short term target of 131, Unable to do so stock is heading back to 110. Intraday Traders can use the below levels Buy above 123 Tgt 123.9,126 and 131 SL 121 Sell below 119.5 Tgt 117,114 and 110 SL 121   Bajaj Auto Buy … Read more IDFC,Bajaj Auto and Hindalco stock analysis

Qualities Every Trader must have

1) Strategy – There are so many different strategies: value, growth, momentum, short selling, etc. Find one that fits your personality and do your best to master it. The fastest way to learn is to study success. In other words, find someone who is successful at the strategy you like, and then mimic them with your … Read more Qualities Every Trader must have

FII F&O Analysis for March Derivative Expiry

FIIs bought 26292 contracts of Index Future worth 884 cores (339 Long contracts were  added and 25.9 K short contract  were squared off ) with net Open Interest decreasing by 25.6 K contracts, so FII’s were in square off mode in shorts. Nifty made a new life high again today 6627,and closing just above the … Read more FII F&O Analysis for March Derivative Expiry