NMDC Symmetrical Triangle Formation with breakout above 179. Buy above 179 Tgt 183,186 and 188 Sell below 174.5 Tgt 171,169 and 166 Ge Ship Ascending Triangle Formation in GE ship with base formation at 235 odd levels.Breakout above 249 will lead to initial buying till 254 odd levels. Buy above 247 TGt 249,253… Read More »
FII FnO Analysis for 21 May trade in Nifty Future As we have discussed in Last Thursday (Click on Link to see ) post Nifty looks ripe for Bounce and fresh shorting should not be done,Nifty obliged us with opening gap down and showing a quick recovery and rallied to almost 122 points. Hope traders… Read More »
Nifty continued with its down move and made a low of 4788 but outperformed rest of world markets as we are down only 0.8% WoW basis. Last week as we discussed below 4995 trend remain bearish and Nifty made a high of 4957 and reached to 4788.Click Here to Read the Previous Week Analysis … Read More »
Before taking a trade how many times have you thought i will buy at bottom and sell at top. How many times have you removed your Stoploss after feeding it but removed it once price started coming near Sl. How many times have you lost all profits earned in a trade and end up being… Read More »
FII FnO Analysis for 18 May trade in Nifty Future 1. FII sold 10589 Contracts of Index Futures worth 245 cores OI increased by 23887. 2. As Nifty Futures was down by 4 points and OI has increased by 23887 , which signify more shorts have entered the system. Unable to close above 4900 is… Read More »
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 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 »
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 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 »
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 »