Jubilant Food Positional traders should look for close above 987 for target of 1008 and 1042. Buy above 988 Tgt 999,1008 and 1019 SL 981 Sell below 975 Tgt 968,956 and 940 SL 981 ICICI Bank Buy above 1265 Tgt 1273,1281 and 1300 SL 1260 Sell below 1253 Tgt 1245,1235 and 1220 SL 1260… Read More »
Last Week we gave Chopad level of 12851 and Bank Nifty did 2 target on downside.Inflation and IIP data both were disappointing leading to fall in Bank Nifty, initial 2 days but a quick recovery in last trading session helped Bank Nifty to recoup losses, We have Expiry in coming week so Lets analyze how… Read More »
Last Week we gave Chopad level of 6790, Nifty did 1 target on Downside . Next week is expiry week, Traders do not Expiry will happen on Wednesday as Thursday is a Holiday. Lets analyze how to trade Nifty for next 3 trading sessions. Nifty Hourly Chart Nifty Hourly charts has closed above its 50… Read More »
Money and power collide every five years at the intersection of Indian Stock Market and New Delhi, as India votes for its 15 Lok Sabha, So much is at stake: Indian foreign policy, India GDP growth, market friendly reforms could all undergo radical changes if Modiji wins. The outcome of the election will also impact… Read More »
Many traders will indulge in Option trading especially on Expiry Day to make some quick buck as sometimes Rs 1 Options can jump to Rs 20-30 in matter of time. During my trading Seminar , general question which most of participants have is Why do options trade at lesser than theoretical value on the expiry… Read More »
There are things that we do as traders that set us back in our journey to success and lose us money. There are other things that traders do that just destroy themselves. Many of the following things are done daily by the 90% of traders that lose money in the market consistently. If we want… Read More »
Century Textile Buy above 362 Tgt 366,372 and 377 SL 360 Sell below 359 Tgt 354,350 and 346 SL 361 Voltas Holding 157 stock short term target comes at 165 and 178 Buy above 160.2 Tgt 163,166 and 170 SL 157 Sell below 156 Tgt 154,152 and 149 SL 157.5 REC Holding 233 can… Read More »
FII’s sold 5559 contract of Index Futures worth 197 cores (16.6 K longs were added and 11.1 k shorts were added for Index Future) with net OI increasing by 27.7 K contracts. So today’s FII’s have started entering longs in Index Futures. Nifty is entering the demand zone, with hourly charts entering oversold so if 6650-6642… Read More »
Adani Positional traders should look for 411, Holding the same stock could bounce till 432, Unable to do so 398 is on cards. Buy above 420 Tgt 426,432 and 438 SL 417 Sell below 415 Tgt 411,407 and 400 SL 418 Yes Bank Positional traders should look for 411, Holding the same stock could… Read More »
FII’s sold 30696 contract of Index Futures worth 1028 cores (17.5 K longs were squared off and 13.1 k shorts were added for Index Future) with net OI decreasing by 4.4 K contracts. So today’s FII’s have started entering shorts in Index Futures. Nifty finally broke its up trending channel and closed below it,Nifty is now… Read More »