Bank Nifty Weekly Analysis before Crucial RBI Policy on 2 June

Last week we gave the Chopad level of 18426  Bank Nifty achieved 2 target on upside  and 1 target on downside rewarding discipline chopad followers .Lets analyze how to trade next week as RBI policy in 2 June. Bank Nifty Hourly Bank Nifty broke its trendline and also closed above its 21/34 EMA, suggesting break … Read more Bank Nifty Weekly Analysis before Crucial RBI Policy on 2 June

Nifty Weekly Analysis before Crucial RBI Policy on 2 June

Last week we gave Chopad Levels  of 8499 ,Nifty opened gap down @ 8443 and did  3 target on upside  rewarded Chopad followers .   Lets analyze how to trade market in crucial RBI Policy week. Nifty Hourly Chart Nifty Hourly charts has broken on upside and above its 21/34 EMA, till 8380  is not broken … Read more Nifty Weekly Analysis before Crucial RBI Policy on 2 June

Understanding ON BALANCE VOLUME indicator

Overview On balance volume (OBV) is a momentum indicator, the calculation of which relates volume to price change. OBV was developed by Joe Granville. .OBV provides a running total of volume and shows whether this volume is flowing in or out of a given security. OBV attempts to detect when a financial instrument (stock, bond, … Read more Understanding ON BALANCE VOLUME indicator

Nifty rallies on hope of rate cut,FII FnO Data Analysis

FII’s bought 177 K contract of Index Future worth 3823 cores ,121 K Long contract were added by FII’s and 55 K  short contracts  were squared by FII’s. Net Open Interest increased  by 66 K contract. Highest number of Longs added by FII’s in 2015 in single day also before RBI policy on 2 June. Is … Read more Nifty rallies on hope of rate cut,FII FnO Data Analysis

Is it possible for an amateur trader to make sustainable profits ?

Every traders wants to trade Big with a well funded trading capital of at least 10 lakh but very few are able to achieve this feat. Its often said Making the First Million is the most difficult thing once achieved money will flow in your coffers.   Trading small account is very difficult when compared … Read more Is it possible for an amateur trader to make sustainable profits ?

Disposition Effect: Why Retail traders Lose in Stock Market

Disposition Effect: It’s a tendency to close a profitable position early and hold on to a losing position longer, hoping that prices recover. Researchers working at the Centre For Analytical Finance at Indian School of Business, after examining terabytes of data pertaining to trading behavior of retail and institutional traders, found that trading done by … Read more Disposition Effect: Why Retail traders Lose in Stock Market