FII’s sold 25.1 K contract of Index Futures worth 960 cores (3.5 K longs were added and 28.7 K shorts were added in Index Future) with net OI increasing by 32.3 K contracts.FII’s went aggressively short in index futures. Nifty has formed Hanging man bearish candlestick pattern on Daily charts, Pattern gets activated below 7580… Read More »
ICICI BANK 1508 needs to be closely watched unable to do so 1453 is short term target. Buy above 1496 Tgt 1508,1524 and 1536 SL 1490 Sell below 1480 Tgt 1470,1460 and 1450 SL 1485 JAIN IRRIGATION 123 needs to be closely watched, any close below it stock is heading towards 110 odd levels.… Read More »
FII’s bought 9.4 K contract of Index Futures worth 364 cores (20.3 K longs were added and 10.8 K shorts were added in Index Future) with net OI increasing by 31.1 K contracts. Nifty has risen 455 points in matter of 7 trading session, major rally of 300 points coming in last 3 trading session,… Read More »
In all my years of trading and talking to fellow traders, I have noticed that newbie traders are susceptible to four main psychological pitfalls. Let’s take a look at each one and examine them carefully. Hopefully, after reading this, you will be able to see them coming and stop them before they destroy your account.… Read More »
ACC 1453 should be closely watched, Any close above it 1508 is short term target. Buy above 1453 Tgt 1461,1473 and 1485 SL 1440 Sell below 1435 Tgt 1426,1413 and 1402 SL 1445 Kotak Bank Holding 898 stock is heading to 932. Buy above 909 Tgt 918,925 and 932 SL 903 Sell below 898 Tgt… Read More »
Last Week we gave Bank Nifty Chopad level of 15306 and Bank Nifty did all 3 target on upside rewarding traders with 696 points, We have IIP and Inflation data so Bank Nifty will likely to another volatile week ahead, lets analyze how to trade bank nifty now. Bank Nifty Hourly Bank Nifty hourly charts… Read More »
Last Week we gave Chopad level of 7246, Nifty did 3 target on upside with a closing a record highs and breaking the 16 May high of 7564 also. Progress of monsoon rains .IIP and CPI which will be unveiled on 12 June. Lets analyze how to trade Nifty next week Nifty Elliot Wave… Read More »
CYCLES OF MERCURY This is most difficult phase to deal with but these cycles are real sentiment driver.MERCURY can be seen but can”t be touched but aftershocks can be felt for long times. Here i am discussing 6 events of MERCURY movement from Saturday i.e.7-6-2014. 1. It’s is going retrograde on 7th June @17.58 hrs,… Read More »
In 1968, a self-described “gun-slinging nitwit,” fresh out of Harvard Business School, Grantham played the go-go market at its peak. By 1970, he had lost all of his money. “I like to say I got wiped out before anyone else knew the bear market started,” Grantham recalled years later. Think about that. The man who… Read More »
PFC Any close above 322 stock is heading towards 343. Buy above 316 Tgt 321,327 and 334 SL 314 Sell below 312 Tgt 308,302 and 295 SL 314 SUN TV Any close above 432 stock is heading towards 466. Buy above 432 Tgt 436,441 and 446 SL 427 Sell below 426 Tgt 422.416 and… Read More »