FII’s sold 0.03 K contract of Index Future worth 6 cores ,135 Long contract were liquidated by FII’s and 0.02 K short contracts were added by FII’s. Net Open Interest increased by 72 contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. Why Traders lose money Part-II… Read More »
As discussed in Last analysis As seen in below chart we are again near a trend change as prices are near horizontal line, suggesting if 18443-18500 is held we can again see a move till 18900-19000 range. Low made today was 18537 and bank nifty formed DOJI near the horizontal line suggesting trend change can… Read More »
In Continuation with Previous Article Why Traders lose money Part-I Not Cutting Losing Position One of the things that really separates professional traders from amateur is when to exit the position. Rather than “hold and hope”, disciplined traders will take the loss and get out asap. Professional traders do not chase trade but learn from… Read More »
GRASIM Positional Traders can use the below mentioned levels Holding 4803 Tgt 4928/5046 Intraday Traders can use the below mentioned levels Buy above 4874 Tgt 4928,4980 and 5016 SL 4850 Sell below 4791 Tgt 4750,4699 and 4650 SL 4815 Godrej Industries Positional Traders can use the below mentioned levels Close above 394 Tgt 407/411… Read More »
FII’s bought 1.6 K contract of Index Future worth 92 cores ,2.2 K Long contract were added by FII’s and 0.5 K short contracts were added by FII’s. Net Open Interest increased by 2.8 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Why You Can’t… Read More »
As discussed in Last analysis Bulls need a close above 19028 for a move till 19158/19230 and bears below 18915 for a move till 18736/18663/18590. Low made today was 18611 so we almost did the target of 18590, as soon as price went below 18915 bears had upperhand. As seen in below chart we are… Read More »
Tata Global Positional Traders can use the below mentioned levels Unable to close above 149 Tgt 139 Intraday Traders can use the below mentioned levels Buy above 144 Tgt 146,148 and 151 SL 143 Sell below 142 Tgt 139,136 and 133 SL 143.5 STAR Positional Traders can use the below mentioned levels Holding 1110… Read More »
FII’s bought 2.5 K contract of Index Future worth 156 cores ,5.6 K Long contract were added by FII’s and 3.1 K short contracts were added by FII’s. Net Open Interest increased by 8.7 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Why You Can’t… Read More »
As discussed in Last analysis Now for Bulls we need a close above 19158 for a move towards 19500,bear will get active on close below 18915 for a target of 18500. Bulls again fail to close above 19158 and bears failed to close below 18915 suggesting RBI was a non event. Bulls need a close… Read More »
Does it sound familiar I am very poor at taking loss when a SL is hit,and exit quickly as soon as profit is seen on my trade.You tell yourself you’ll get out as soon as SL is triggred, but just before getting stopped out you decide to hold onto the trade and let the loss… Read More »