Crompton,IDEA and HCL Tech Technical Analysis

Crompton Greaves Positional/Swing Traders can use the below mentioned levels Unable to Close above 178 target 170/165. Intraday Traders can use the below mentioned levels Buy above 179 Tgt 182,184 and 188 SL 177.2 Sell below 175 Tgt 173.3,171 and 169.5 SL 177   HCL Tech   Positional/Swing Traders can use the below mentioned levels … Read more

FII FnO Data Analysis for 31 Aug

FII’s bought 116 K contract of Index Future worth 2512 cores ,104 K Long contract were added  by FII’s and 11.5 K  short contracts  were liquidated by FII’s. Net Open Interest increased  by 93.2  K contract, so today’s rise in market was used by FII’s to enter long and square off  shorts in index futures  .Japan’s … Read more

Things a Trader Must Realize Before Becoming Long Term Profitable

Through my reflections about how I made the turn from unprofitable to profitable trader I have been able to locate some of the specific changes in my train of thought that caused this to happen. I have realized that the way in which I approached trading changed slowly but surely into a way which allowed … Read more

Remembering The Summer Of 1929

Submitted by Jesse via The Burning Platform blog, This is one of the best documentaries on the Crash of 1929 if you wish to get a feel for the times.   You may find it interesting to watch the whole thing below.I have posted the entire documentary twice before:  once, on the 80th anniversary of … Read more