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Showing posts from July, 2013

FII AND DII ACTIVITY

Your guide to Foreign Fund Flows! Catch the latest FII trends and track their investments in India.    Daily FII Activity   DATE PURCHASES (Rs m) SALES (Rs m) NET INV (Rs m) Thu, 11 Jul 2,510 3,823 (1,313) Fri, 12 Jul 28,872 79,976 (51,104) Mon, 15 Jul 19,057 20,827 (1,770) Tue, 16 Jul 25,095 28,192 (3,097) Thu, 18 Jul 32,041 33,177 (1,136) Total 107,575 165,995 (58,420)    Weekly FII Activity   DATE NET INV (Rs m) Mon, 23 Sep (981) Tue, 24 Sep (176) Wed, 25 Sep (379) Thu, 26 Sep 24 Fri, 27 Sep 12,671 Total 11,159 Volatility persists! While the Indian stockmarkets were not generous to investors (declined week-on-week), the rain gods gave a handful to Mumbai and as usual, the city choked during the last week! This did have an impact on the daily volumes traded, which was low in the first three days, only to gain momentum in the later half. Despite a weak start, there was selective buying interest in some sectors. But sentiment was dampened following t

KEEP IT SIMPLE STUPID TRADING METHOD OR INTRADAY TRADING STARTEGIES

The Intraday trading on the stock markets or the forex are like swimming in a ocean of fund looking for the best ways to gather the profits. The sad and the hard part is since there are so many players trying to do the same thing , the probability of gaining goes very low. The trader or the intraday trading strategy needs to be very stable and an edge above the others to win in the consistent manner. The amateur and the other traders look for complex tools and strategies from time to time, in fact they keep changing methods and looking fro the holy grail , in spite of the fact that there can be no 100 percent accurate trading systems. it is like trying to put a square peg inside  round hole. This is the biggest reason for loosing in the markets as the intraday trader is looking and jumping methods and trying to make the system so complicated that it is hard to follow the method easily. The markets are not static and fully dynamic and is a culmination of so many various news, e

NIFTY TREND ANALYSIS & LEVELS FOR TODAY

Updated for-Jul/12/2013 Nifty was on a bull trend and closed at 5935 level. So today the first resistance for nifty is at 5971-75 level. Next resistance ranges are at 6008-12,6030-35,6047-52,6069-73,6088-92 levels. On downside first support is at 5898-94 level. Next supports are at 5861-56,5834-30,5800-95,5780-75,5741-36,5722-18,5702-98,5670-65,5623-18,5590-85,5569-65,5536-32,5518-14,5497-92,5477-74,5445-41 level.Nifty is in bull region So today on upside intra resistance are at 5975 and 6012 level and on down side support are at 5894 and 5856.Below 5856 be very alert and avoid longs.  Positional Support for NIFTY 5905 5872 5868 5838 5830 5824 5772 5764 and positional Immediate resistance for NIFTY is 5961. Intraday Resistance of NIFTY are 6008.8 : 6069.9 : 6051.2 : 6067.4 Intraday Support of NIFTY are 5861.4 : 5800.3 : 5820.1 : 5804.2

SILVER UPDATE INTRADAY AND POSITIONAL

Trend updated for-Jul/12/2013.CMP-41697 Overall trend of the Silver is bearish for medium-long term .Currently Silver is showing some up move after small correction and trend is strong but volume is unsatisfactory The open interest is not increasing with trend .. The oscillator is showing BUY signal For short term Silver is in  HOLD LONG  position and closed above 3 week high with volume signals up breakout. Positional Support for the Silver is 41098-40259-40099-.Resistance for the Silver is 42594-43255-45676- Short term and Intraday Level of SILVER Silver closed above 1 week high with volume signals up breakout Currently Silver is in  HOLD LONG  position Silver is in sideways so for short term better buy above 42284.5 or hold with stop at 39930.0 The next resistance will be at 41948.0 The oscillator is showing BUY signal  Intraday Trend - Buy above 42284.5 and keep stop below 41111.5 Target is 42788.6 next 43625.3 Below 40609.5 trend reversal can occur and next level is 39776

Trading Is a Game of Anticipation, Not Reaction

Every trader is there in the markets trying hard to earn maximum money . But most traders are only making impulsive moves in entering and exiting the markets out of anxiety or impatience. They try to jump the cart , and take either early entry or late entry.Most traders think that the more number of time they take trades the more they are going to earn . It is not like this . The markets are to be understood properly, like its dynamics. The trader feels how he can use his time spent sitting in the markets to the best use, so he tends to be overactive or over trades. once you get to understand the market dynamics then only take suitable trades and that too when the setup is fully confirmed. This would at least lead to best probability in your trades. In fact there is always more sense in studying the weekly and the daily charts which most of the intraday traders miss to do and they are only starting the day and looking for the buy sell signals haphazardly, and looking for entries.

Need Help With Your Trading? Talk to Yourself!

Traders who are doing intraday trading or positional trading all feel like sharing notes and talking to each other. This is because traders are human beings with emotions. They will talk about charts and the probable buy sell signals appearing and what if this level breaks or what if that level hold. It will blast or it will consolidate. These are all the time wastage talk that keeps doing the rounds. For a serious trader all this is only time waste , he is only concerned about his trade setup rather than following the news or guess work. for when the trade entry occurs he need not get confused and pull his trade rather than doubt it. This way you stick to you trusted and tested method and keep following all rules from trade to trade. This is the correct method to becoming a serious full time professional trader in the stock markets or the forex markets.You are only to talk to yourself fro the best mindset  and attitude. If you feel nervous you should tell yourself that I must trust

The Force is Within You, Luke. It’s Not the Trading System.

The problem is that all (even great) trading systems experience draw-downs and you wind up blaming the system for losing rather than doing what is painful for some… blaming yourself (for not having the courage to trade through adversity)! The trading system is there to follow but your mind is there to avoid from following it since the mind is constantly saying no the system is not as good as you feel or think. The trades will keep coming in a certain probability. most will come as winners but you will miss some and some will be losers which you will focus on the mind will become highly negative with the system . This is primary reason that the trading mind has to be trained to not interfere as humans. This can only be done with practice and live trading practice. No amount of back testing will help sine in back test your human emotions are not involved on your buy sell trades.Please follow some simple strategy and do not think that only complicated strategy has more chances of w

The veteran trader feeds on the new trader

The only difference between the new trader and the old trader is that the old trader has learnt to be in control as compared to the new trader. both are trading using the same charts and indicators. A good trading system and the mental strength to commit to and execute the signals that system gives you is the way of the seasoned trader. The seasoned trader can notice when he is making any human error in relating to his emotions and fears and quickly breaks that habit by making new neuron-pathways, means suppose he is erring in moving his stop loss to cost or to break even when he sees gains, then he will focus on that and start doing that soon as a matter of habit. Trading is nothing but a game of probability , where you have to have the odds ion your favor. Once you have set your strategy fro trading then just like  mechanical trader follow it without using brains and mind. At the end of the period of time it will reap benefits. If still the method is not profiting then change t