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 »
An Interesting Article By Brian Perry, Investopedia In almost all instances, the root cause of a financial crisis is an asset bubble. But how does this bubble form, what finally causes it to pop and how can investors profit before it goes bust? In order for a market to attain the excessive valuations necessary to… Read More »
Aditya Birla Nuvo AbNuvo stock had an spectacular rise from 885 to 1150. Stock has formed multiple DOJI candles and yesterday small move was backed by good volumes. Buy above 1150 Tgt 1159,1170 and 1185 Sell below 1124 Tgt 1114,1102 and 1095 Hero Honda Hero Honda unable to cross 200 DMA started its downfall… Read More »
1. FIIs sold 1211 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 15.41 cores with net Open Interest increasing by 4551 contracts.Trading Secrets of Successful traders http://bit.ly/UA1wUy 2. As CNX Nifty Future was down by 44 points with Open Interest in Index Futures increasing by 4551, so FIIs have created… Read More »