FIIs bought 10731 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 327 cores with net Open Interest increasing by 13387 contracts still building longs. How George Soros made $60m in 20 Hours We indicated in our analysis Nifty is heading towards the next important zone of resistance of 6071-6082, and for… Read More »
Interesting Article Complied from Web If media reports are to be believed, billionaire investor George Soros has raked in more than $18 million from a single $1 billion punt on the Australian dollar ahead of Tuesday’s Reserve Bank of Australia rate cut. “Best of all, it appears the 82-year-old American pulled off the deal three… Read More »
US Stock market are life time High and but on economic indicators are warning USA is heading for another recession. So why do U.S. stocks continue to skyrocket? As per History Stock market in intial stage ignore the reality and keep pushing yp with so much liquidity around pumped by Fed and ECB. Unfortunately, as… Read More »
I was having a talk with one of my friend who recently started trading commodities, He trades in Gold and Crude. As all new traders he had very high expectation, he was telling me that few of his friends made very good money trading commodities and he was really excited in trading commodities, I asked… Read More »
Century Textile Century has broken out of its resistance zone of and closed above its 50 SMA.Follow up action should be seen today and move towards next zone resistance of 327 Buy above 318.5 Tgt 321,324 and 327 SL 316.5 Sell below 312 Tgt 310,307 and 303 SL 314 Hero Moto Corp Hero Moto… Read More »
FIIs bought 17972 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 540 cores with net Open Interest increasing by31232 contracts. We indicated yesterday FII has again started going long in Index Futures, near our trend changer levels and today also added long . Great Trader Characteristics Yesterday we discussed based on… Read More »
Great traders that we have had the pleasure to know and to be around, on exchange floors and on trade desks, had certain repeatable traits that all level traders can learn, or take something from; Having Confidence on themselves and Discipline on their trading system Faith in their own ability. Humility, and a willingness to… Read More »
HDFC HDFC forming a small descending triangle formation and breakout should come soon. Buy above 854 Tgt 860,864 and 869 SL 852 Sell below 845 Tgt 842,837 and 830 SL 847 Reliance RIL is approching the higher end of its trading range with a close above both 50/200 SMA sugeesting range breakout on cards. Buy… Read More »
FIIs bought 14199 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 422 cores with net Open Interest increasing by 21579 contracts.FII has again started going long in Index Futures near our trend changer levels. The Big Trader’s Secret Nifty formed low of 5928 and high of 5977 but unable to cross… Read More »
USD INR 4 Hour Chart USD INR 4 hour chart is trading in a downtrending channel,with support coming at 53.84. On Upside range of 54.18-54.21 is all important zone of resistance. So range bound move to continue. USD INR Daily Chart As per Daily charts INR is trading below 20 DMA.USD INR broke the rising… Read More »