Trade Technicals, Not Your Mood

Is it time to be aggressive? Are you sleeping today thinking how much money you’ll make tomorrow?  Are you counting your profits before you’ve even sold it?  Are you imagining tomorrow’s going to be another strongly trending up day?  Believe me… you are not alone.  Upward strong momentum following upside strong surprises releases euphoria in … Read more

FII Data Analysis for 26 March

FIIs bought 10296 contracts of Index Future worth 346 cores (30.8 K Long contracts were  added and 20.5 K short contract  were added) with net Open Interest increasing by 51.4 K contracts, so FII’s  added both longs and shorts in Index Futures. Nifty made a new life high again today 6595,lead by banks.Still unable to … Read more

FII Data Analysis for 25 March

FIIs bought 31921 contracts of Index Future worth 1056 cores (54.5 K Long contracts were  added and 22.3 K short contract  were added) with net Open Interest increasing by 76.9 contracts, so FII’s  added both longs and shorts in Index Futures. Nifty made a new life high again today 6591,lead by banks.Advance decline was negative … Read more

Will The Hope Rally Fade Away?

For just about 2 months the Indian bourses have shrugged off all the things that are worrying the rest of the world. Institutional money is coming in, and today the Government raised about USD 1 Bn through the sale of a 9 per cent stake in Axis Bank. The currency has strengthened somewhat, inflation is … Read more

Secret of Successful Traders :Be Imperfect

As a trader  you will not be right all of the time. If you can accept your imperfection, and work within it, you will be much more successful: If you have a perfectionist mentality when trading, you are setting yourself up for failure, because it is a “given” that you will experience losses along the … Read more