FIIs bought 5796 contracts of Index Future worth 181.5 (1561 Long contracts were added and 4235 short contract were squared off ) with net Open Interest decreasing by 2674 contracts, so FII’s added longs in index future and shorts were again squared off today. Market always rise on wall of worry, I have discussed in weekly analysis… Read More »
Sun Pharma Positional traders should look for close above 611 for short term target of 623. Buy above 610 Tgt 613,616 and 621 SL 608 Sell below 607 Tgt 605,601 and 597 SL 609 Reliance Buy above 813.5 Tgt 818,823 and 829 SL 811 Sell below 807 Tgt 802,796 and 790 SL 811… Read More »
FIIs bought 20711 contracts of Index Future worth 625 (10517 Long contracts were added and 10194 short contract were squared off ) with net Open Interest increasing by 323 contracts, so FII’s added longs (highest in Feb series) in index future and shorts were again squared off today. Nifty has retraced the fall of Thursday in 3… Read More »
Axis Bank Buy above 1120 TGt 1128,1136 and 1149 SL 1113 Sell below 1112 Tgt 1107,1098 and 1092 SL 1116 Canara Bank Holding 212 on closing basis,Stock could head for 220,225 in short term. Buy above 215 Tgt 216.4,218.2 and 220.5 SL 213.5 Sell below 213.2 Tgt 212,209.5 and 207.7 SL 214 Tata… Read More »
FIIs bought 7859 contracts of Index Future worth 236 (5369 Long contracts were added and 2490 short contract were squared off ) with net Open Interest increasing by 2879 contracts, so FII’s added longs in index future after Vote of Account is over. Nifty has retraced the fall of Thursday in 2 days and tomorrow if able… Read More »
FISCAL DEFICIT: Fiscal deficit seen at 4.6 per cent of GDP in 2013/14 CURRENT ACCOUNT DEFICIT: Current account deficit seen at $45 billion MERCHANDISE EXPORTS: Exports seen at $326 billion in 2013/14 up 6.3 per cent year on year AGRICULTURE EXPORTS: Expected to touch $45 billion in 2013/14 up from $41 billion in 2012/13 SPENDING:… Read More »
DLF DLF close above 147 can see short term target of 152 and 157. Buy above 147 Tgt 148.7,151.4 and 153 SL 145 Sell below 144 Tgt 142.2,139.5 and 137.6 SL 145 Lupin Lupin any close above 907 gives short term target of 932. Buy above 904 Tgt 908,914 and 922 SL 901 Sell below… Read More »
Last Week Chopad Level of 6102 did triggered and Nifty almost did its 2 target on downside, Bulls were able to protect the 200 DMA on weekly basis and also closing Nifty above 6000. Next week Vote-on-Account, or interim budget for 2014-2015, which the government will unveil during trading hours on Monday, 17 February 2014,… Read More »
Last Weekly we gave Chopad level Bank Nifty 10321 and achieved 1 target downside levels.Bank Nifty has been trading in small range since last 2 week, coming week is So Bank Nifty will show good technical move in coming week.Vote-on-Account, or interim budget for 2014-2015, which the government will unveil during trading hours on Monday,… Read More »
How do you go about building a trading plan? What do you need to consider, and what type of trader should you be? The last question is a logical place to start – deciding the type of trader you want to be, and understanding why. Type of Trader When creating a trading plan, a trader must decide the style of trading… Read More »