FIIs sold 3542 contracts of Index Future worth 114 (1592 Long contracts were squared off and 1950 short contract were added ) with net Open Interest increasing by 358 contracts, so FII’s added shorts in index future before vote of account. Yesterday we had discussion Nifty is entering now in demand zone of 5970-5950 which… Read More »
SBIN Buy above 1510 Tgt 1525,1550 and 1565 SL 1500 Sell below 1496 Tgt 1486,1471 and 1446 SL 1509 JSPL Buy above 236.5 Tgt 240,242 and 247 SL 234 Sell below 232 Tgt 229.5,226 and 222 SL 234 HDFC Entering demand zone of 766-760 holding bounce back till 792-800 Buy above 771.5… Read More »
FIIs sold 6840 contracts of Index Future worth 199 (3456 Long contracts were added and 10296 short contract were added ) with net Open Interest increasing by 13752 contracts, so FII’s added both longs and shorts in index future. Nifty unable to break 6120 on upside, finally expanded the range on downside. Nifty is entering… Read More »
Sun Pharma Buy above 613.8 Tgt 617,622 and 626 SL 611 Sell below 610 TGt 607.5,604 and 597 SL 612 BHEL Buy above 157.5 Tgt 158.6,159.9 and 161.5 SL 157 Sell below 155.5 Tgt 154.1,152.8 and 150 SL 157 BIOCON Buy above 434 TGt 437,441 and 444 SL 432 Sell below 429.5 Tgt 427,422… Read More »
FIIs bought 2729 contracts of Index Future worth 87 (4458 Long contracts were squared off and 7187 short contract were squared off ) with net Open Interest increasing by 2729 contracts, so FII’s squared off longs and shorts were squared off. Nifty inspite of good global cues is unable to close above the 38.2% retracement@6095 of… Read More »
Railway Minister Mallikarjun Kharge presented the interim rail budget for the next fiscal Wednesday with no hike in fares or freight, introducing 72 new trains and connectivity to two more northeastern states. In what was his personal first and the last such exercise in the 15th Lok Sabha for the United Progressive Alliance (UPA) government,… Read More »
Reliance Industries RIL todays fall was not backed by volumes, stock has entered a demand zone, Holding the range of 798-800 levels stock could bounce back to 833 levels. Buy above 811 Tgt 815,819 and 825 SL 808 Sell below 805 Tgt 797,792 and 788 SL 808 M&M Holding 898 on closing basis,… Read More »
FIIs sold 17471 contracts of Index Future worth 534 (1595 Long contracts were squared off and 15876 short contract were added ) with net Open Interest increasing by 14281 contracts, so FII’s squared off longs and shorts were added today with nifty trading in small range. Nifty was able to protect its 6050 for third… Read More »
Janet Yellen, in her first speech as new Fed chair “stayed the course” on the Taper: *YELLEN SAYS FOMC LIKELY TO CONTINUE QE TAPER IN MEASURED STEPS *YELLEN SAYS RECOVERY IN LABOR MARKET IS `FAR FROM COMPLETE’ *YELLEN SAY FED TO `CONTINUE TO MONITOR FOR EMERGING RISKS’ *YELLEN: MAIN RATE LIKELY TO BE LOW WELL… Read More »
Reliance Infra Positional traders should look for a close above 377 for short term target of 390 Buy above 368 Tgt 371,375 and 379 SL 366 Sell below 364 Tgt 362.5,359 and 354 SL 366 ICICI Bank ICICI has been trading in small range for past 3 trading session and formed an inside day pattern… Read More »