Reliance Industries Q2 Results Highlight After staying out for three consecutive quarters RILBSE 0.53 % once again crossed the $1 billion net profit per quarter mark in the September 2012 quarter. The net profit of Rs 5,376 crore was more or less in line with the street expectations, but a large support from other income… Read More »
Infosys Results were as per market expectation but future growth remains a point of concern and market thrashed the stock, HDFC results were good with NPA coming down lets see market rreaction today. We have Inflation data coming for September today and its the data after diesel price hike so will be keenly watched. Also… Read More »
In any particular trade you never really know how far prices will travel from any given point. If you never really know where the market may stop, it is very easy to believe there are no limits to how much you can make on any given trade. From a psychological perspective this characteristic will allow… Read More »
Nifty Hourly Chart Nifty Hourly chart took resistance at 50 Hourly SMA at 5700, Till 5700 is not crossed on hourly basis nifty will be under selling pressure. Nifty Gaps Gaps formation in Nifty Daily chart pattern, 7 gaps in the range of 5077-5600. Do note the GAP formed from 5435-5526 was Breakaway Gap 5043-5077… Read More »
Don’t let anyone ever tell you that trading in Nifty,Stocks Commodity or Forex future game is easy. It is one of the most diffcut business to be in, As per Stats out of 100% 90% traders looses money in futures trading, 5% be at breakeven and only 5% are the one who make astrnomical sums… Read More »
Infosys Results before market opening, HDFC results after market hours and IIP data at 11 AM so will be get a Black Friday or Green Friday. Lets see how FII have taken position in Index Futures ? 1. FII sold 1727 Contracts of Index Future,worth 125.81 cores with net OI increasing by 39437 contracts. 2.… Read More »
Don’t think about what the market’s going to do; you have absolutely no control over that. Think about what you’re going to do if it gets there. In particular, you should spend no time at all thinking about those rosy scenarios in which the market goes your way, since in those situations, there’s nothing more… Read More »
1. FII sold 34232 Contracts of Index Future,worth 1012.37 cores with net OI decreasing by 20284 contracts. 2. As Nifty Future was up down by 51 points and Open Interest in Index Futures decreased by 20284,so FII have booked profits in shorts in Nifty and Bank Nifty Futures.Fresh longs have not been created as nifty… Read More »
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer. They will die poor.” Bharti Airtel Bharti is on the verge of breaking the symmetrical triangle Its a 40 point… Read More »
1. FII bought 2375 Contracts of Index Future,worth -6.88 cores with net OI increasing by 8405 contracts. As FII were buyers but net amount came as negative which means FII sold in Opening and bought at the fag end of session. Consider the following example Sell 9 unit at Rs 7 and Buy 10 Unit… Read More »