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

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

Accept Losses in Trading

The lack of a proper trading plan which includes precise rules for entering and exiting a trade will most certainly guarantee failure over the long term. Beginners usually suffer from the same common ailments. They abandon trading plans purely on impulse because things are not going exactly as how they had envisioned. Repeatedly they use … Read more

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

How much Nifty can rise in current bull market

How Bulls markets are made? “Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria” – Sir John Templeton India has first major Bull market when Sensex moved from 400 in 1989 to 4546 in April 1992 a Rally of almost 1100% in matter of 3 years which will … Read more