FII Derivative Data Analysis for 9 August Trade in Nifty Future

“Don’t take action with a trade until the market, itself, confirms your opinion. Being a little late in a trade is insurance that your opinion is correct. In other words, don’t be an impatient trader.”
Nifty has rallied from 5033 till 5393 without any correction and in straight line its not the first time its happening neither will be the last time but the attitude of maximum traders remains the same, Keep finding tops and short the market and loose money. Why traders want to short when the trend is up, let the market itself confirm the reversal and than go for the trade or stay on sidelines till you have a clear trend as per your system.
I will reiterate again there is no fun in catching the tops and bottom of market what is more important is how much points you are able to make and increase your trading account irrespective of market moves.


1. FII  bought 28568  Contracts of NF ,..

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