LIC Housing Any close above 436 stock is heading to 450/466 in short term. Buy above 437 Tgt 438.5,442 and 447 SL 435 Sell below 433 Tgt 430,425 and 421 SL 435 Rel Capital Any close above 555 stock is heading to 579/589 and 597 Buy above 543 Tgt 548,555 and 562 SL 540… Read More »
FII’s sold 47.2 K contract of Index Future worth 997 cores, 40.1 K Long contract were squared off by FII’s and 7.1 K short contracts were added by FII’s. Net Open Interest decreased by 33 K contract ,so FII’s squared off long in Index Futures, added shorts in index future.But with this big selling also NF was… Read More »
1. Do not be overly concerned about whipsaws a good trend pays for them all. A whipsaw is when you enter a position but get stopped out quickly when the market reverses opposite to your position. If you are a trend trader this may happen many times in a row in a range bound market. … Read More »
Very nice and Detailed Article It’s December and you know what that means: let the “Santa Claus rally” calls begin. Like “Black Friday” sales, the Santa rally talk seems to start earlier and earlier each and every year. We actually started seeing articles about the rally in early November and they are out in full force today.… Read More »
Adani Power Any close above 47 stock is heading towards 50/55. Buy above 45 Tgt 45.4,46,47 SL 44.3 Sell below 43.7 Tgt 43.3,42.8 and 42 SL 44 JSW Steel Close above 1190 stock is heading to 1220. Buy above 1178 Tgt 1189,1200 and 1215 SL 1170 Sell below 1160 Tgt 1146,1134 and 1120 SL… Read More »
FII’s sold 55.5 K contract of Index Future worth 1295 cores, 52.9 K Long contract were squared off by FII’s and 2.5 K short contracts were added by FII’s. Net Open Interest decreased by 50.3K contract ,so FII’s squared off long in Index Futures, added shorts in index future.But with this big selling also NF was down… Read More »
The fear of being wrong: Traders fear being wrong so much they will hold a small loss until it becomes a huge loss. Even adding to the loss in the hopes of it coming back and getting to even. Don’t do this, holding on to a loser after it hits your predetermined stop loss is… Read More »
Bank India Any close above 288 stock is heading to 300/315.Closing below 283 short term target 267. Buy above 287 Tgt 290,294 and 297 SL 285 Sell below 284 Tgt 282.8,280 and 276 SL 285.5 UCO Bank Any close above 89 stock is heading to 97, Closing below 84 stock is heading to 81/76.… Read More »
FII’s sold 14.3 K contract of Index Future worth 303 cores, 6.9 K Long contract were squared off by FII’s and 7.4 K short contracts were added by FII’s. Net Open Interest increased by 534 contract ,so FII’s squared off long in Index Futures, added shorts in index future. Nifty saw a pullback of 78 points ,so… Read More »
We have RBI Policy tomorrow, markets are going to be volatile. Most of traders will be lured by the idea if one trade goes right i can make big money but one wrong trade can wipe off also. In trading activity alone does not make money, the right activity at the right time is what… Read More »