Nifty bounces from 200 DMA,FII FnO Data Analysis

FII’s sold 1.3 K contract of Index Future worth 34 cores,5.6 K Long contract were added  by  FII’s and 6.9 K  short contracts  were added by FII’s. Net Open Interest increased  by 12.5 K contract.Motivation Story for Traders :Marvan Atapatu Inspiring Life Story  Nifty continued forming lower low and closed below  its 20/50/100 SMA, falling 560 points … Read more Nifty bounces from 200 DMA,FII FnO Data Analysis

Motivation Story for Traders :Marvan Atapatu Inspiring Life Story

It’s a story that Harsha Bhogle, India’s most loved cricket commentator, loves to tell, over and over again. Making his debut in Test cricket for Sri Lanka, Marvan scored a duck in his first innings. And again, in his second innings. They dropped him. So he went back to the nets for more practice. More … Read more Motivation Story for Traders :Marvan Atapatu Inspiring Life Story

Nifty does Gunner Target,FII FnO Data Analysis

FII’s bought 14.1 K contract of Index Future worth 318 cores,39 K Long contract were added  by  FII’s and 24.9 K  short contracts  were added by FII’s. Net Open Interest increased  by 64 K contract.Conquer the Four Fears to be Profitable trader Part-I  Nifty continued forming lower low and closed below  its 20/50/100 SMA, falling 502 points … Read more Nifty does Gunner Target,FII FnO Data Analysis

Conquer the Four Fears to be Profitable trader Part-II

In Continuation with Previous Post 2. Fear of Missing Out Every trend always has its doubters, but I often notice that many skeptics of a trend will slowly become converts due to the fear of missing out on profits or the pain of losses in betting against that trend. The fear of missing out can … Read more Conquer the Four Fears to be Profitable trader Part-II

Indian Cement,Sun Pharma and Kotak Bank technical analysis

Indian Cement Holding 97 stock can bounceback to 102/110. Intraday Traders can use the below mentioned levels Buy above 99.7 Tgt 101.5,103,105 SL 99 Sell below 97.4 Tgt 96.5,95.4 and 93.2 SL 98   Kotak Bank 1364 is trend changer levels, holding the same stock can bounceback to 1400/1453. Unable to hold short term target … Read more Indian Cement,Sun Pharma and Kotak Bank technical analysis

Nifty breaks 100 DMA,FII FnO Data Analysis

FII’s sold 60.8 K contract of Index Future worth 1338 cores,57.4 K Long contract were squared off  by  FII’s and 3.4 K  short contracts  were added by FII’s. Net Open Interest decreased  by 54 K contract.Conquer the Four Fears to be Profitable trader Part-I  Nifty continued forming lower low but closed below  its 20/50/100 SMA, falling almost … Read more Nifty breaks 100 DMA,FII FnO Data Analysis

Conquer the Four Fears to be Profitable trader Part-I

Merriam-Webster’s dictionary defines fear as “an unpleasant, often strong emotion caused by anticipation or awareness of danger, going on to explain that fear…implies anxiety and usually the loss of courage.” This definition of fear is useful in helping define the issues that traders face when coping with fear. The reality is that all traders feel … Read more Conquer the Four Fears to be Profitable trader Part-I

Canara Bank, Hindalco and LT Harmonic Pattern Analysis

Canara Bank Positional traders should look for close above 411 for short term target of 432. Intraday Traders can use the below mentioned levels Buy above 404 Tgt 407.6,411 and 416 SL 402 Sell below 401 Tgt 397,392 and 386 SL 403   LT 1741 is trend changer level for LT, Closing above it short … Read more Canara Bank, Hindalco and LT Harmonic Pattern Analysis