Reliance Reliance is at crucial juncture, close above 990 stock is heading towards 1008/1021. Any close below 986 short term target 966/953. Buy above 991 Tgt 995,1003 and 1008 SL 988 Sell below 987 Tgt 983,978 and 970 SL 990 Adani Port Buy above 305 Tgt 306.4,309 and 314 SL 303 Sell below 301… Read More »
FII’s sold 7.6 K contract of Index Future worth 163 cores, 3.2 K Long contract were added by FII’s and 10.8 K short contracts were added by FII’s. Net Open Interest increased by 14.1K contract , so FII are adding shorts in aggressive manner, from past few trading session. Nifty did another life high today@ 8455 trading… Read More »
A common problem that many futures traders run into is that they start trading, make some decent profits, then all of the sudden they encounter what seems to be an endless stream of losses. Eventually they end up losing their profits and eating away at their trading capital as they struggle to try and figure… Read More »
FII’s sold 10 K contract of Index Future worth 235 cores, 9.5 K Long contract were squared off by FII’s and 0.4 K short contracts were added by FII’s. Net Open Interest decreased by9K contract , so FII have slowly started shorts in Index Futures and booked profit in long contract. Nifty did another life high today… Read More »
Tata Steel Buy above 480 Tgt 484,489 and 495 SL 476 Sell below 474 Tgt 470,465 and 460 SL 476 Kotak Bank Buy above 1108 Tgt 1120,1135 and 1150 SL 1100 Sell below 1092 Tgt 1083,17071 and 1055 SL 1100 Rel Infra Buy above 628 Tgt 635,643 and 650 SL 620 Sell below… Read More »
Last week we gave Nifty Chopad level of 17256 Bank Nifty did not close below 17256 once and achived 2 target. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty Trendline resistance comes @ 17675, Bank Nifty made high @ 17650 and turned back, now important support @ 17400… Read More »
Last week we gave Nifty Chopad level of 8355 Nifty we expected correction but market continued its upward journey and moved up 50 points not a major move. Lets analyze how to trade nifty next week. Nifty Hourly Chart Nifty Hourly charts has meet its trendline resistance @ 8411 unable to cross and break of… Read More »
FII’s sold 15.7 K contract of Index Future worth 208 cores, 8.1 K Long contract were squared off by FII’s and 7.6 K short contracts were added by FII’s. Net Open Interest decreased by460 contract , so FII have slowly started shorts in Index Futures and booked profit in long contract. Nifty move pf past 8 trading… Read More »
On September 16, 1992 – later dubbed “Black Wednesday” — the day the British government abandoned the European Exchange Rate Mechanism (ERM), and the pound was devalued by 20% George Soros made over $1.2 billion on his short sterling trade and was dubbed “The Man Who Broke the Bank of England.” His Quantum Hedge Fund… Read More »
SBIN Unable to close above 2728 stock is heading to 2673/2639/2584. Any close above 2735 stock is heading to 2817. Buy above 2728 Tgt 2756,2780 and 2817 SL 2715 Sell below 2710 Tgt 2688,2658 and 2620 SL 2725 Century Textile Any close below 555 stock is heading to 521. Buy above 574 Tgt 581,585 and… Read More »