Friday, July 30

Real Time Data Feed to Amibroker for intraday futures data

Hi All,
I found a small utility for Real Time Data Feed to Amibroker Supports Both Yahoo Finance and Google Finance.
You can find the alternative from Free Amibroker Data
RTDF is a light weight executable ( neither .Net nor Java) developed using C/C++.
The demo release is free with two months validity and without proxy capability.
The demo release uses only 4/5 user selected symbols.
The demo release supports both Yahoo and Google real time tick charting and also includes 15 days 1minute Google backfill for intra day future data,real time nse data,end of day …
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Wednesday, July 28

Trading Calls on Kesoram Industries,Tulip Telecom and IVRCL Infra

IVRCL Infra
Stock has fallen from 195 to 175 in a matter of few trading sessions. Now it is at a crucial junction of 200 SMA which can define between its bull or bear terrotary.
Volumes are not much in the fall and can see a short covering on this expiry
Buy around 176 Tgt 179 183 and 186 Sl 172
Tulip Telecom
Stock Near its Trendline Resistance with rising volume Set to break that Indicators are showing strength in the counter and ready to break the resistance
Buy above 194 Tgt 197 200 and …
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Tuesday, July 27

What is CRR,Repo and Reverse Repo

Today was RBI policy meet and a Hike of 25 bps in repo and reverse Repo Rate.I have complied the following to give my readers who have no idea about these rates and there impacts.
What is CRR?
Cash reserve Ratio (CRR) is the amount of funds that the banks have to keep with
the RBI. If the central bank decides to increase the CRR, the available amount
with the banks comes down. The RBI uses the CRR to drain out excessive money
from the system.
Commercial banks are required to maintain with the RBI an …
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Monday, July 26

Technical Calls on YesBank,IndianBank,BF Utility and IBulls Finnance

Indian Bank
Stock is trading in parallel channel and is now touching upper trend line channel as shown in chart.Stock can consolidate in coming few trading seesions and than make an up move to break the channel with the rising volume.
Buy the stock on pullback near 246 where 5 EMA Lies.RSI is above 70 making [...]
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Sunday, July 25

Nifty Technical View for Week Starting 26 July

Nifty Technically and Fundamentally Demystified Nifty closed the week with 0.98% Gain on W-o-W basis and a new 2010 High of 5477.50 and came out of the range of 5400 on the back of strong FII buying which we are witnessing. As per the corporate results which are declared as of now are much ahead of market expectation in banking ,power equipment sector.
Next week will be quiet crucial as we have 2 crucial events lined up a:Reliance Industries the market posterboy result on tueday b)RBI policy meet at 27th July where the Rate Hike will be decided.
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Sunday, July 18

Technical Analysis of ICICI Bank,HCL TEch,SelMCL and Reliance Capital

ICICI Bank
Stock was having resistance at 100 DMA ie at 898 and on last friday closed above that with volumes making a way for furthur upside in short term.
Strong support exists at 200 DMA 881 which can be touched tommrow as maket will open gap down.If ICICI Bank holds 200 DMA and close above [...]
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Friday, July 16

How to trade Gaps

Today as i saw the trading move in TCS on earning surprise i thought of writing on gap trading as TCS you can find many gaps formed.

What is a Gap?
Change in price levels of a stock/index between close and open of two consecutive days. It can also be defined as a pattern where no trading has occurred.Gaps can form in any time frame,mostly are useful for swing traders.

Why Gaps are Formed?

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Wednesday, July 14

Technical Calls on LT,NAGARJUNA AGRICHEM and IVRCL Infra

Technical Calls on LT,NAGARJUNA AGRICHEM and IVRCL Infra
Larsen and Tubro
Facing trendline resistance from past few trading sessions and looks good for a breakout above 1851 looking at volumes and RSI
Buy above 1852 for tgt of 1864 and 1881 and 1900 SL of 1821
IVRCL Infra
IVRCL has given a breakout on the daily charts and looks good for a rally once the consolidation phase [...]
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Friday, July 9

Commodity Channel Index (CCI) Trading System

The Commodity Channel Index (CCI) is an oscillator originally developed by Donald Lambert, The assumption behind the indicator is that commodities (or stocks or bonds) move in cycles, with highs and lows coming at periodic intervals. The indicator is similar in concept to Bollinger Bands
CCI Calculation
There are 4 steps involved in the calculation of [...]
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Infosys Technologies, BF Utilities and Amtek Auto Technical Analysis

Traders love this kind of market.Mid Caps waiting for breakout of weeks of dull they have passed through.This is one of best times to make money All you need is patience ans risk management.Few Stocks Ready to give break up in coming few sessions.


Amtek Auto
Trend line Resistance from past 3 times as shown on charts,stock [...]
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Tuesday, July 6

Traits of Succesful Traders

Traits of Succesful Traders The market doesn’t care if you’re a bear or a bull. It doesn’t care if you think it’s oversold or undervalued. It doesn’t care about your fundamental analysis or your charting skills. The market will do what the market will do, with or without you. You are not in control.
But you can create a Master [...]
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Sunday, July 4

Short Term Trading Calls

HITACHI HOME
If we have a look at both Daily and Weekly Chart we can see a pennant formation which have implication of either breakout or breakdown from a trading range depending on volume activity.
Volumes have almost dried in the counter and trade should be excecuted only on the break of the range.
Long above 322 Tgt [...]
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Nifty Long Term Picture

We have taken the long term weekly chart of nifty and scribble some lines on the chart, What a 5 class kid can also do.
But what we interfere from chart separate wheat from chaff
As you can see from the above chart we are facing a excellent support at 4950-80 zone and should

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Saturday, July 3

Nifty 5 EMA Weekly Trading Strategy

5 EMA Weekly Trading Strategy can be basically used for positional traders who trade on weekly data and do not care of daily volatility in Nifty.


RULE 1: Below 5 EMA we are in a bearish Scenario and SL is closing above 5 EMA

RULE 2:Above 5 EMA we are in Bullish scenario in Short [...]
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