Any quick drive through Goa Casino makes it pretty clear who is making in the money – the Casinos! Why do gamblers keep going back despite losing most of the time? Misplaced hope, fantasies about the big win, promising themselves they will walk away when they are up and still winning, and probably the inability… Read More »
IDFC Buy above 129 Tgt 130,131.5 and 132.5 SL 128.3 Sell below 127 Tgt 126.2,124.6 and 122.5 SL 128.3 Idea Buy above 134.5 Tgt 135.8,137 and 138.4 SL 133 Sell below 133 Tgt 131.8,130.4 and 128 SL 134.4 Titan Titan is in impulsive wave short term target come 364 and 377… Read More »
FII’s bought 4530 contract of Index Future worth 177 cores, 17.3 K Long contract were added and 12.8 K short contracts were added by FII’s. Nifty is up 5% for June expiry major part of gains came in start of series, From 6 June close of 7583 and today close of 7569 nifty has just moved 14 points in… Read More »
You are in a bull market, When….. You offer your broker a car each morning so he doesn’t need to take the Mumbai local to get to the terminal by 9.19 am. The pink papers are the first to disappear from your lap when you fall asleep on a flight. Every third executive works through… Read More »
Lupin Closing above 1010 stock is heading towards 1021,1042 and 1076. Buy above 1010 Tgt 1015,1021 and 1027 SL 1004 Sell below 1003 Tgt 998,992 and 980 SL 1008 Federal Bank Buy above 133 Tgt 134.3,136.5 and 139 SL 132 Sell below 130 Tgt 128.6,127.2 and 125 SL 131 Hero Motocop Close above… Read More »
FII’s bought 16287 contract of Index Future worth 623 cores, 20.6 K Long contract were added and 4.3 K short contracts were added by FII’s. FII’s are approaching more from intraday perspective instead of positional view looking at OI data. Nifty as discussed yesterday analysis completed ABC correction, did an impulsive move today, now Nifty is near its… Read More »
Larsen and Tubro Close below 1648 stock is heading towards 1597, Close above 1686 short term target comes at 1741 Buy above 1660 Tgt 1673,1689 and 1713 SL 1650 Sell below 1648 Tgt 1634,1611 and 1594 SL 1655 Century Textile Buy above 538 Tgt 542,550 and 562 SL 534 Sell below 528 Tgt 522,516… Read More »
FII’s sold 458 contract of Index Future worth 15 cores, 11.9 K Long contract were added and 12.4 K short contracts were added So FII’s went in market with hedged positions adding equally in both Longs and shorts. Nifty after 10 days of consolidation broke on downside, and completed its ABC correction as shown in below chart. As… Read More »
Last Week we gave Bank Nifty Chopad level of 15046 and Bank Nifty did all 3 target on upside rewarding traders with 390 points, We have June Expiry Bank Nifty will likely to another volatile week ahead, lets analyze how to trade bank nifty in Expiry week. Bank Nifty Hourly Bank Nifty hourly charts is trading in a range, 15600- 14933. Breakout… Read More »
Last Week we gave Chopad level of 7589, Nifty did 1 target on upside and 1 target on downside in a highly volatile week. Movement in crude oil prices, the progress and the spread of the monsoon rains, trend in global equity markets and investment activity of foreign institutional investors will dictate near term trend… Read More »