FII FnO Data Analysis for 25 June

FII’s bought 16287  contract of Index Future worth 623 cores, 20.6 K Long contract were added and 4.3 K short contracts were added by FII’s. FII’s are approaching more from intraday perspective instead of positional view looking at OI data.   Nifty as discussed yesterday analysis completed ABC correction, did an impulsive move today, now Nifty is near its … Read more

Nifty completes ABC correction, FII Option data analysis

FII’s sold 458  contract of Index Future worth 15 cores, 11.9 K Long contract were added and 12.4 K short contracts were added So FII’s went in market with hedged positions adding equally in both Longs and shorts. Nifty after 10 days of consolidation broke on downside, and completed its ABC correction as shown in below chart. As … Read more

Nifty Weekly Forecast for June Expiry

Last Week we gave Chopad level of 7589, Nifty did 1 target on upside and 1 target on downside in a highly volatile week. Movement in crude oil prices, the progress and the spread of the monsoon rains, trend in global equity markets and investment activity of foreign institutional investors will dictate near term trend … Read more

How to make a Trading Plan

“Good fortune is what happens when opportunity meets planning.”  —Thomas Jefferson “Reduce your plan to writing. The moment you complete this, you will have definitely given concrete form to the intangible desire.” — Napoleon Hill “He who fails to plan, plans to fail.” However you want to look at it, or whomever you may want … Read more

What separates the 10% that make money from the 90% that don’t?

Must read for every kind of trader. Enjoy your weekend! What separates the 10% that make money from the 90% that don’t? 10,000 hours. The key to success in any cognitively complex field is, to a large extent, a matter of practicing a specific task for a total of around 10,000 hours. 10,000 hours equates … Read more

Reliance,Tech M and Crompton Greaves positional trading levels

Reliance Any close below 1042 stock is heading towards 1021,1008 and 987. Buy above 1050 Tgt 1060,1067 and 1074 SL 1042 Sell below 1040 Tgt 1025,1008 and 987 SL 1049   Crompton Greaves Buy above 199 Tgt 203,206 and 212 SL 197 Sell below 193 Tgt 190,186 and 180 SL 195   Tech M Stock … Read more

Nifty continues sideways action, FII FnO Data Analysis

FII’s sold 12.1 K contract of Index Future worth 460 cores, 2.7 K Long contract were added and 14.9 K short contracts were added So FII’s went aggressively short in index futures.My observation is – Institutions short – Big Bears Short – Market Falls – Big Bears Cover – Pigs Short -Institutions Cover – Market … Read more