FIIs sold 30419 contracts of Index Future worth 889 (98291 Long contracts were squared off and 72871 short contract were squared off) with net Open Interest decreasing by 25470 contracts, so FII’s squared off both longs and shorts, shorts in morning session and longs in evening session. NF played exactly in our range of 6028-6081… Read More »
FIIs sold 8899 contracts of Index Future worth 262 (14763 Longs were squared off and 5864 shorts were squared off) with net Open Interest decreasing by 20627 contracts, so FII’s squared off both longs and short in one session before expiry. January expiry will be an explosive one,SGX Nifty is trading down 84 points but… Read More »
Sesa Sterlite Buy above 201 Tgt 202.6,205.3 and 208 SL 199.5 Sell below 197.5 Tgt 195.3,193.5 and 191 SL 199 BPCL Buy above 343 Tgt 346,350 and 355 SL 340 Sell below 339 Tgt 336,334 and 330 SL 341 Kotak Bank Buy above 665 Tgt 670,675 and 683 SL 660 Sell below 657 Tgt… Read More »
FIIs sold 546 contracts of Index Future (22013 Longs were added and 22559 shorts were added ) with net Open Interest increasing by 44572 contracts, so FII’s added both longs and short in equal number,so mostly we can have formed a panic bottom today. As discussed yesterday Unable to hold 6130 Nifty can see a swift… Read More »
Axis Bank Buy above 1167 Tgt 1178,1188 and 1204 SL 1161 Sell below 1150 Tgt 1137,1131 and 1121 SL 1155 ICICI Bank Buy above 1019 Tgt 1029,1039 and 1050 SL 1010 Sell below 1007 Tgt 998,987 and 977 SL 1011 HUL Buy above 576 Tgt 582,588 and 597 SL 571 Sell below 568 Tgt… Read More »
FIIs sold 17978 contracts of Index Future worth 567 cores (2662 Longs were squared and 15316 shorts were added ) with net Open Interest increasing by 12654 contracts, so FII’s exited partial longs and added aggressive shorts.For the month of Jan FII has almost 106829 contract of shorts so any good news on RBI front and… Read More »
Last Week Chopad Level of 6266 got triggered on Monday and achieved 1 target on upside.In the run up to the FOMC meeting on Jan 30, where QE3 is expected to be tapered by $10billion, global Equity and currency market have turned jittery. Also sharp decline in value of Argentine PESO by ~15% during the… Read More »
Bank Nifty Hourly Bank Nifty hourly charts is trading below its 50HSMA,11084 range once crossed and see bulls coming back else its bear power all the way down till 10800-10600 odd levels. Bank Nifty Daily Bank Nifty on daily chart is near its trendline support and also its 200 DMA. Breaking the same Bank nifty… Read More »
If you had gotten out of the market when these movies were released, you’d definitely have missed some big moves…to the upside. Wall Street came out after the crash of ’87 in December 1987, and taking money off the table for the multi-year bull market that followed would have been a big miss. Boiler Room came out… Read More »
FIIs sold 30173 contracts of Index Future worth 942 cores (11443 Longs were squared and 18730 shorts were added ) with net Open Interest increasing by 7287 contracts, so FII’s exited longs and added shorts. As discussed Nifty gave a breakout above 6327 but the follow up move is not coming so bears capitalized on downside,… Read More »