Universal principles of Professional Traders

1). Preparation Professional Trader #1 priority in trading is risk managment. Professional Trader believes that once you get your trading system and position size in place you must use the amount you will risk on each trade to determine your risk of ruin. His point is that if your risk of ruin is not zero … Read more Universal principles of Professional Traders

Indusind Bank,United Spirits and Voltas trading analysis

Indusind Bank Buy above 585 Tgt 589,593 and 601 SL 580 Sell below 576 Tgt 572,568 and 562 SL 580   United Spirits Closing above 2495 stock is heading towards 2584/2639 Buy above 2495 Tgt 2521,2550 and 2584 SL 2484 Sell below 2465 Tgt 2430,2410 and 2375 SL 2484   Voltas Closing below 220 stock … Read more Indusind Bank,United Spirits and Voltas trading analysis

Trading Lessons

Most of the time, markets are very close to efficient (in the academic sense of the word.) This means that most of the time, price movement is random and we have no reason, from a technical perspective, to be involved in those markets. There are, however, repeatable patterns in prices. This is the good news; it … Read more Trading Lessons

How to trade Maruti,Bharat Forge and Century Textile

Maruti Any close above 2585 stock is heading towards 2639/2673. Buy above 2586 Tgt 2610,2639 and 2673 SL 2575 Sell below 2570 Tgt 2545,2530 and 2500 SL 2580   Bharat Forge 665 needs to be watched closely, any close above it stock is heading towards 699, Unable to do so 644/631 on cards. Buy above … Read more How to trade Maruti,Bharat Forge and Century Textile

FII FnO Data Analysis for 02 July

  FII’s sold 1229 contract of Index Future worth 47 cores, 5.1 K Long contract were squared off and 3.9 K short contracts were squared off  by FII’s.So FII’s used the rally today to exit long positions and short positions also. Nifty after big move yesterday, consolidated its gain and closed well above 7600 levels. As … Read more FII FnO Data Analysis for 02 July