SBIN Positional traders should look for 2450, close above it stock will move towards 2459,2529 and 2584.Closing below 2420 short term target 2351 and 2220 Intraday Traders can use below mentioned levels Buy above 2455 Tgt 2478,2520,2557 and 2622 SL 2440 Sell below 2430 Tgt 2400,2351,2320 and 2272 SL 2440 M&M 1220 should be… Read More »
FII’s sold 10985 contract of Index Future worth 419 cores, 15.6 K Long contract were squared off and 4.6 K short contracts were squared off by FII’s. Net Open Interest decreased by 20.2 K contract.FII’s exited both long and shorts today with Nifty giving volatile move. Nifty closed below its 20 DMA, Yo YO swing between… Read More »
Rule No. 1- Do not venture in markets and products you do not understand. You will be a sitting duck. Rule No. 2- The large hit you will take next will not resemble the one you took last. Do not listen to the consensus as to where the risks are (that is, risks shown by… Read More »
India Cement India Cements have started its ‘C’ wave closing below 102 gives short term target of 97. Buy above 105.8 Tgt 107.5,110 and 114 SL 104.9 Sell below 104 Tgt 103,101 and 99 SL 104.9 IRB Butterfly pattern which is bearish in short term, Closing below 254 gives short term target of… Read More »
FII’s sold 8476 contract of Index Future worth 323 cores, 8.6 K Long contract were added and 17.1 K short contracts were added by FII’s. Net Open Interest increased by 25840 contract.FII’s added shorts aggressively in Index Futures today. Nifty closed near its 20 DMA, and break of 7668 and sustained below this will give indication… Read More »
Enter the “trader zone”…. wait, wait, wait, wait- pounce….. “A lone lion usually has a hunting success rate of only 15%. Though during a night hunt, their success rate can climb over 40% . In areas with tall grass, they manage a success rate of over 50% because they are able to get much… Read More »
Adani Port Any close above 267 stock is heading towards 288, Closing below it 254 on cards. Buy above 267 Tgt 269,273 and 276 SL 266 Sell below 265.5 Tgt 263.2,260 and 256.6 SL 266.5 Apollo Tyre Buy above 186 Tgt 188,190 and 195 SL 184 Sell below 183 Tgt 180,175 and 172 SL 185… Read More »
FII’s sold 5272 contract of Index Future worth 201 cores, 2.2 K Long contract were squared off and 3 K short contracts were added by FII’s. Net Open Interest increased by 856 contract.SO today we have 3 moves after RBI event, First Rise than fall than again rise. SO today moves were based on… Read More »
Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent; keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand… Read More »
DLF 199 should be watched closely in DLF, any close below it stock is heading towards 190 and 178. Buy above 202 Tgt 204.8,208.6 and 212 SL 200 Sell below 197 Tgt 194,190 and 185 SL 200 Cananra Bank 411 needs to be watched for Canara bank, closing above it stock is heading towards 432.… Read More »