FII’s sold 7.8 K contract of Index Future worth 251 cores, 42.5 K Long contract were added by FII’s and 50.3 K short contracts were added by FII’s. Net Open Interest increased by 92.8 K contract ,so FII’s added long and added shorts in Index Futures with high volumes,signifying rollovers are happening. As of now 54.2% Rollover… Read More »
What’s the difference between an amateur and a professional trader? Professional Traders don’t try to avoid losses. They minimize losses but do not avoid them. Amateur traders believe they can outwit the market and are constantly searching for trading strategies with a high win-rate. How to Deal With Trading Losses Consider yourself a manager… Read More »
For those asking, here is the full, updated list of 20 central banks easing so far in 2015 courtesy of Reuters: 1. Jan. 1 UZBEKISTAN Uzbekistan’s central bank cuts its refinancing rate to 9 percent from 10 percent. 2. Jan. 7/Feb. 4 ROMANIA Romania’s central bank cuts its key interest rate by a total… Read More »
Asian Paints Intraday Traders can use the below mentioned levels Buy above 816.5 Tgt 826,836 and 853 SL 810 Sell below 806 Tgt 800,789 and 772 SL 810 IDFC Holding 165 stock can bounceback to 178 Intraday Traders can use the below mentioned levels Buy above 168.3 Tgt 170,172 and 174 SL 167.5 Sell… Read More »
FII’s bought 5.7 K contract of Index Future worth 121 cores, 6.8 K Long contract were added by FII’s and 1.1 K short contracts were added by FII’s. Net Open Interest increased by 7.2 K contract ,so FII’s added long and added shorts in Index Futures with high volumes,signifying rollovers are happening. As of now 37.9% Rollover… Read More »
What’s a Trading Plan? The starting point of effective trading is the Trading Plan. One can think of it like a Business Plan for the trader. Just like the Business Plan, the Trading Plan is a specific outline of current status, objectives for the future, and the expected path to reach those goals. In plain… Read More »
Auro Pharma Any close above 1076 stock is heading 1131/1200. Intraday Traders can use the below mentioned levels Buy above 1062 Tgt 1070,1080 and 1093 SL 1056 Sell below 1048 Tgt 1043,1030 and 1012 SL 1052 RCOM Intraday Traders can use the below mentioned levels Buy above 72.1 Tgt 73,74 and 75 SL 71.5… Read More »
Last week we gave the Chopad level of 19466 Bank Nifty achieved 2 target on downside.Coming week has 6 trading session as market will remain open on Saturday as Union Budget will be presented. I have discussed which traders can use as an Input to their trading plan for coming week Stock Market Response to… Read More »
Last week we gave Chopad Levels of 8840 and discussed nifty is ready for pre budget rally but last week Nifty on Weekly basis has the smallest range in past 15 years. Weekly Range was just 120 points and the expected Pre Budget rally was not seen. We saw a roller coaster ride in last… Read More »
Indian Union Budget will be presented on 28 Feb 2015 , and as discussed in previous post Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do not know so… Read More »