Wisdom of Jesse Livermore

Legendary speculator Jesse Livermore is surely one of the most fascinating characters in all of financial-market history. About a century ago Jesse Livermore blossomed into one of the most celebrated speculators of all time.  He was trading heavily in the early decades of the 1900s, a wondrous era to speculate in stocks.  His renowned exploits … Read more Wisdom of Jesse Livermore

Why The Stock Market Is Detached From The Economy

Submitted by Lance Roberts of STA Wealth Management, Think about this for a moment. The stock market is comprised of thousands of companies doing business in the economy. Therefore, it only makes sense that the value of the stock market should be a reflection of the economy. As the economy ebbs and flows, so should … Read more Why The Stock Market Is Detached From The Economy

Petronet,Adani and Union Bank Elliot wave analysis

Petronet Positional traders should look for 212 as trend changer level,closing above it stock can head to 220, unable to do so 200 is back on cards. Buy above 210 Tgt 212,215 and 220 SL 208 Sell below 206.5 Tgt 204,202 and 199 SL 208   Union Bank Positional traders should look for 233 as … Read more Petronet,Adani and Union Bank Elliot wave analysis

FII FnO Data Analysis for 23 Dec

FII’s sold 5.2 K contract of Index Future worth 106 cores, 99.7 K Long contract were added by FII’s and 94.4 K short contracts  were added by FII’s. Net Open Interest increased  by 1.94 K contract ,so FII’s rollovered heavily today.  Nifty continued with its upward journey with gaps and crossed its  50 SMA and closed above … Read more FII FnO Data Analysis for 23 Dec

SAIL,Voltas Ichimoku Clouds analysis

Ranbaxy Positional traders should look for close above 623 for short term target of 631/644/665. Intraday Traders should trade of below mentioned levels Buy above 621 Tgt 625,630 and 637 SL 617 Sell below 616 Tgt 613.3,609 and 601 SL 620 Voltas Positional traders should look for close above 254 for short term target of … Read more SAIL,Voltas Ichimoku Clouds analysis

Bulls Bears fights for 50 SMA,FII FnO Data Analysis

FII’s sold 4.3 K contract of Index Future worth 80 cores, 17.6 K Long contract were added by FII’s and 21.9 K short contracts  were added by FII’s. Net Open Interest increased  by 39.5 K contract ,so FII’s added long in Index Futures  and continue adding shorts in index future.  Nifty continued with its upward journey with … Read more Bulls Bears fights for 50 SMA,FII FnO Data Analysis