“The market can stay irrational longer than you can stay solvent” – The way the market reacts to certain news or events may not seem rational at times, but there is no sense in trying to fight the market – it moves where it moves and does not care one bit about your opinion. BHEL BHEL… Read More »
1. FIIs sold 3276 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 103.06 cores with net Open Interest decreasing by 9254 contracts. 2. As CNX Nifty Future was up by 23 points with Open Interest in Index Futures decreasing by 9025, so FIIs booked out longs in Nifty and Bank Nifty… Read More »
Most of us want to be as perfect as we can. We do not want to experience failure or setbacks or roadblocks. In fact, most of us have been raised that failure, in any case and at any time, is ‘bad’ and success is ‘good’. So if that is the case, then thinking in a very simplistic and… Read More »
1. FIIs sold 1635 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 92.43 cores with net Open Interest decreasing by 207 contracts. 2. As CNX Nifty Future was up by 80 points highest in the Jan Series with Open Interest in Index Futures decreasing by 207, so FIIs booked out longs … Read More »
HDIL HDIL has bounced from its trendline support.If it is able to cross its swing high of 122.75, stock is all set to touch the upper end of trendline at 128. Buy above 121Tgt 121.9,122.7 and 125.7 Sell below 117.7 Tgt 116.85,115 and 113 ITC ITC has broken its long term trendline,Stock gave a… Read More »
Monday, January 14 US Economics (Time Zone: EDT) No major economic reports 11:00 Fed to purchase $1.25b-$1.75b bonds in 25 to 30-year range 11:30 Treasury to sell $32b 3-month, $28b 6-month bills Global Economics (Time Zone: GMT) 00:30 AUD Home Loans 10:00 EUR Eurozone Industrial Production 15:30 CAD Business Outlook – Future Sales Tuesday, January… Read More »
WHAT IS COST OF CARRY? In derivates market, the cost of carry (CoC) of a futures contract is the cost incurred on holding positions in the underlying security until the expiry of the futures. The cost includes the risk free interest rate and excludes any dividend payouts from the underlying. CoC is the difference between… Read More »
Infosys came with a good set of earning after 4 quarters of bad earning and moved up 16% today many traders were left with a surprise to see such a big move.Few traders called me and said “Bramesh Sir asa move ana ke baad tu mujhe trading and gambling ek jasa hi lagtha hai ”… Read More »
SBI SBI has been on a rally mode from 2050 levels, With recaptlization of banks with 12K cores news stock formed an DOJI pattern suggesting news arrival can be reversal for stock in short term.Previous support of 2562 will act as resistance now,Range of 2562-2571 will be diffcult to cross and pullback should be expected.… Read More »
1. FIIs bought 2045 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 54.39 cores with net Open Interest increasing by 15325 contracts.Do you think we are in Bubble? Read this to get more insight How to survive stock market bubble http://bit.ly/XQgXOJ 2. As CNX Nifty Future was up by 4.8… Read More »