Technical Calls:Educomp Solution,LIC and Kotak Bank

Kotak Bank Facing a trendline resistance at 559. Buy above 559 Tgt 563,568 and 574 Sell below 549 Tgt 544,538 and 527     LIC Housing Finance Support at 200 DMA@234 and resistance at 247.4.Breakout above 247 will take the stock to 20SMA@252 Buy above 248 Tgt 250,252 and 254.35 Sell below 242 Tgt 240,236 … Read more

FII FnO Analysis for 17 May trade in Nifty Future

FII FnO Analysis for 17 May trade in Nifty Future Nifty continued with its free fall as per our analysis,but many traders have stuck with longs at higher levels and question in everyone mind is when will the reversal come.Can it come at 4800 or 4500 etc. If you want to be profitable trader you … Read more

Technical Calls:Educomp,Bata India and Voltas

Voltas Pennant Formation with support emerging at 200 DMA,Breakout above 111.2 and breakdown below 105 Buy above 111.2 Tgt 112.4 and 114.2 and 115.7 Sell below 109.9 Tgt 107.4,105,104.2 and 102.9   Educomp Educomp made a new 52 low yesterday at 152 and short covering rally,On medium term break of 152 opens gate till 99 … Read more

FII FnO Analysis for 16 May trade in Nifty Future

FII Derivative Stats for 16 May Trade in NF   1. FII  sold 3873  Contracts of NF worth 66 cores OI increased by 397. 2. As Nifty Futures was up  by 54 points and OI has increased  by 397 , which signify partial shorts have entered the system. 3. Nifty has closed below 5000 for … Read more

FII FnO Analysis for 15 May trade in Nifty Future

Below is my FII interpretation for FII datasheet for 15 May   1. FII  sold 14152  Contracts of NF worth 327 cores OI increased by 19634. 2. As Nifty Futures was down  by 43 points and OI has increased  by 19634 , which signify more shorts have entered the system. 3. Nifty has closed below … Read more

Technical Calls:LT,Hindalco and Bombay Dyeing

Larsen and Tubro LT will be coming today with its results Stock is at its breakout or breakdown level. Buy above 1144 Tgt 1161,1184 and 1209 Sell below 1119 Tgt 1100,1076 and 1060 Hindalco Industries Hindalco Industries is near its short term bottom of 111. Sell below 111 Tgt 109.7,106.7 and 105   Bombay Dyeing … Read more

Nifty Weekly Technical Analysis for Week Begining 14 May

As discussed in last week analysis Nifty Technical Structure look weak and Nifty corrected and closed below 200 DMA on a Weekly Closing basis. GAAR has been delayed by 1 Year and we got a news based rally which got sold into showing the supremacy of Technical Analysis.Last Week we shorted below trend deciding level … Read more

Can money be made in trading ?

  Trading is always a high return high risk game and it needs nimble trading approach with tons of discipline. Traders say its  the Big traders who move the market and we end up making loss. Well i do not buy this reasoning. The most Important part in trading is trading discipline and trading system(Throughly … Read more