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 »
Are India’s English-speaking liberal elites about to face their most serious setback ever? With their public enemy No. 1, the opposition Bharatiya Janata Party’s Narendra Modi, poised to win national elections. But instead of feeling dejected, India’s liberals should be quietly satisfied. Even though they may not stop the Gujarat chief minister’s rise to national… Read More »
BHEL Buy above 187.5 Tgt 189.6,192 and195 SL 185 Sell below 183 Tgt 180.5,178 and 175 SL 185 Axis Bank Any close above 1508 stock is heading for short term target of 1542 and 1563 Buy above 1497 Tgt 1508,1520 and 1534 SL 1493 Sell below 1492 Tgt 4181,1467 and 1450 SL 1495 Hindalco Any… Read More »
Last Week we gave Chopad level of 12576 and Bank Nifty did all 3 target on upside.We have Inflation data coming tomorrow so bank nifty will be under traders radar. Lets analyze how to trade bank nifty coming week. Bank Nifty Hourly Bank Nifty hourly charts is sustaining above its 50 HSMA gives upperhand to… Read More »
Last Week we gave Chopad level of 6711, Nifty did 1 target on Downside and 2 on upside. Next week being a Holiday Shortened week, will start with Infosys result and WPI inflation data for March 2014 at 12 noon on 15 April and CPI inflation data for March 2014 also on 15 April at 17:00… Read More »
Volatility is known as a measure of change. A higher value of volatility indicates that prices can change at a faster pace (either going up or down) as compared to the immediate past. Traders are often looking for new strategies to trade a major event, say a Election Results or Union budget or credit policy… Read More »
The India Volatility Index (VIX) has gained 28 percent in the last four sessions. Normally, this would have meant the market had declined during this period. That is because the movements in VIX and the market are inversely co-related, more often than not. But this time around, the Nifty has risen alongside VIX, gaining 3… Read More »