The S&P 500 is set to resume higher, according to BofAML’s Macneil Curry pointing to the week of December Triple Witching as historically one strongest of the year for the S&P500. With fundamentals a thing-of-the-past, paying attention to the technicals in a world of one driver of stocks (Fed balance sheet), for short-term trading signals… Read More »
Sun TV Buy above 366 Tgt 368.5,373 and 375 SL 364 Sell below 363 Tgt 361,359 and 354 SL 365.8 Coal India Buy above 284.2 Tgt 287.3,291 and 294 SL 283 Sell below 279.5 Tgt 276.7,273 and 270 SL 281 Bank India Buy above 210.5 Tgt 212.3,215 and 217 SL 209 Sell below… Read More »
Next week will be crucial for Bank Nifty as government will unveil data on inflation based on the wholesale price index (WPI) for November 2013 on Monday WPI is seen easing a bit at 6.9% in November 2013, from 7% in October 2013 and Federal Open Market Committee (FOMC) holds a two-day policy meeting on… Read More »
Last week was roller coaster ride for Stock market traders/investor. Market opened up with huge gap up on BJP state election victory and blue channels were saying target of 6700-6800. Correction started on same day and in next 4 trading days nifty corrected 254 points and now many analyst is calling for target of 6000… Read More »
Trading seems so easy: Find a good setup, place a bet, close out the trade and take home the profits. Enduring trading success is easier said than done, however. Trading experts note that even those traders who achieve early success don’t maintain it. It’s easy to make a series of profitable trades early in one’s… Read More »
Ranbaxy Positional traders should keep an eye of 432 level on closing basis, Any close above it stock is heading to 460 odd levels. Buy above 430 Tgt 434,438 and 443 SL 428 Sell below 424 Tgt 420,415 and 411 SL 428 M&M Buy above 945 Tgt 950,956 and 962 SL 941… Read More »
FIIs sold 16735 contracts of Index Future worth 519 cores (917 Longs were covered and 15818 shorts were added ) with net Open Interest increasing by 14901 contracts, so FII’s partially booked long long and shorts in Index Futures. Nifty has lost almost 185 points from its recent swing high,it declined for the fourth consecutive… Read More »
Larsen Buy above 1083 Tgt 1089,1098 and 1105 SL 1080 Sell below 1073.5 Tgt 1067,1058 and 1040 SL 1077 Lupin Buy above 876 Tgt 883,890 and 898 SL 868 Sell below 867 Tgt 860,852 and 844 SL 875 IDFC Buy above 109.5 TGt 110.4,111.3 and 112.4 SL 108.3 Sell below 108… Read More »
FIIs bought 2742 contracts of Index Future worth 87 cores (8015 Longs were added and 5273 shorts were added ) with net Open Interest increasing by 13288 contracts, so FII’s added both long and shorts in Index Futures. Nifty bounced back from 50% retracement in dying hour of trader. Any break below 6280 nifty entering… Read More »
Tata Motors Buy above 392 Tgt 394,396 and 399 SL 390.5 Sell below 387.5 Tgt 385,380 and 375 SL 390.5 Tata Steel Buy above 425 Tgt 426.2,429.2 and 432 SL 423.3 Sell below 421 Tgt 419,417 and 414 SL 423.3 TCS Buy above 2090 Tgt 2114,2145 and 2170 SL… Read More »