FIIs bought 33307 contracts of Index Future worth 1047 (35365 Long contracts were added and 2058 short contract were added ) with net Open Interest increasing by 37423 contracts, so FII’s added marginal shorts in index future and aggressive longs were added today also. Nifty opened gap up , and quickly moved down to… Read More »
Sun TV Buy above 366 Tgt 369,372 and 377 SL 364 Sell below 362 Tgt 357,354 and 350 SL 364 IDFC Buy above 94.4 Tgt 95,96 and 97 SL 94 Sell below 93.5 Tgt 92.4,91 and 89 SL 94.2 Reliance Capital Buy above 322 Tgt 323.8,326.5 and 330 SL 319.5 Sell below 318 Tgt… Read More »
FIIs bought 19139 contracts of Index Future worth 602 (24441 Long contracts were added and 5302 short contract were added ) with net Open Interest increasing by 29743 contracts, so FII’s added marginal shorts in index future and aggressive longs were added. Nifty opened gap down, and quickly moved up to fill the gap… Read More »
Bank Baroda Buy above 519 Tgt 522.5,527,532 SL 517 Sell below 516 Tgt 513,508 and 503 SL 518 Tata Motors Buy above 398.5 Tgt 400.5,403 and 406 SL 396.2 Sell below 395 Tgt 393.4,390.7 and 388.5 SL 397 RCom Holding 110 on closing basis stock can bounceback to 123 in short term. Buy above… Read More »
Last Week Chopad Level of 6077 did triggered and Nifty almost did its 2 target on upside, Bulls were able to protect the 200 DMA on weekly basis and also closing Nifty above 6150. Next week GDP data will be released on February 28.The stock market will remain closed on Thursday on account of… Read More »
Last Weekly we gave Chopad level Bank Nifty 10221 and achieved 2 target upside. Bank Nifty Hourly Bank Nifty hourly charts is trading above its 200HSMA@10485 ,Closing above 10630bounceback can be seen till 10800-10900. Bank Nifty Daily Bank Nifty on daily chart is near its trendline support with contraction in trading rang .Breakout comes above… Read More »
Many traders have been asking me question on my write up of FII Data analysis, Keeping all the question in mind i have prepared a cheat sheet which will help you in understanding my data analysis with more clarity. 1. What do you mean by Open Interest (OI) in futures and options? When there is… Read More »
Australian cricketer-turned-commentator Dean Jones, in an interview for Wisden, observed that two-thirds of Sachin Tendulkar’s game is based around defence. Most of the shots in any Sachin century, he says, are based on forward defence, back-foot defence and letting the ball go. As any coach would vouch, letting the ball go is possibly as important… Read More »
Biocon Buy above 442 Tgt 444.5,450.5 and 454 SL 439 Sell below 437.5 Tgt 435.5,432 and 426 SL 439 Canara Bank Canara is entering its support area, close above 212 give short term target of 220 and 225. Buy above 213 Tgt 214.4,217 and 219 SL 212 Sell below 210 Tgt 208.5,206 and 204… Read More »
FIIs sold 10436 contracts of Index Future worth 318.5 (657 Long contracts were squared off and 9779 short contract were added ) with net Open Interest increasing by 9122 contracts, so FII’s added shorts in index future and only marginal longs were squared off . Nifty opened gap down and traded in small range most… Read More »