FIIs bought 1539 contracts of Index Future worth 53 (1998 Long contracts were squared off and 3537 short contract were squared off ) with net Open Interest decreasing by 5535 contracts, so FII’s squared off longs and shorts today in choppy session of trade. Nifty was able to protect its 6050 for second day running… Read More »
Eye Opener Article, Non-performing assets (NPAs) in the banking sector, or bad loans as they are commonly known, have been making headlines for the past many months now. The economic downturn has certainly weakened the ability of many borrowers to repay their loans on time. Some businesses have been hit hard by regulatory changes. Still,… Read More »
Last Week Chopad Level of 6102 did not got triggered as Nifty opened gap down, Bulls were able to protect the 200 DMA on weekly basis and also closing Nifty above 6000. Next week will be very busy, and the scheduled events should contribute to the already growing market volatility. IIP for December on Wednesday,… Read More »
Last Weekly we gave Chopad level Bank Nifty 10256 and achieved 1 target downside levels.Bank Nifty has been trading in small range in last week, Coming week is data heavy week with both CPI,WPI and IIP data coming. So Bank Nifty will show good technical move in coming week. Bank Nifty Hourly Bank Nifty hourly… Read More »
Over the last year, investors have been lulled to sleep wrapped in the warmth of complacency as the Federal Reserve stoked the fires of the market with $85 billion a month in liquidity injections. As discussed investors were likely to be rudely awakened by an unexpected event of which was likely not even on the… Read More »
Aspiring traders often ask me whether or not it’s really possible to make a living trading the market. The short answer is yes. The longer answer is, yes you can make a living trading the market but you have to consistently do a lot of things right. Most traders simply do not yet possess the… Read More »
M&M M&M seeing a trendline breakout close above gann number of 898 stock is heading towards 932 in short term. Buy above 900 Tgt 905,917 and 930 SL 897 Sell below 895 Tgt 888,883 and 876 SL 898 Ranbaxy Positional traders should look for a close above 344 for short term target of 356 and… Read More »
FIIs sold 8186 contracts of Index Future worth 247 (4249 Long contracts were squared off and 3937 short contract were added) with net Open Interest decreasing by 312 contracts, so FII’s squared off longs and shorts were added by them. Nifty was able to protect its 200 DMA, for third day running.Nifty has formed a… Read More »
Bank of Baroda Positional traders should look for close above 555 for target of 576 and 589. Buy above 548 Tgt 555,560 and 569 SL 543 Sell below 538 Tgt 533,528 and 521 SL 543 Auro Pharma Auro Pharma forming a rising wedge formation unable to close above 497 stock could fall all the… Read More »
FIIs sold 14729 contracts of Index Future worth 446(711 Long contracts were squared off and 14018 short contract were added) with net Open Interest increasing by 13307 contracts, so FII’s squared off longs and huge shorts were added by them. Nifty was able to protect its 200 DMA, for second day running.Nifty has formed a… Read More »