Sesa Sterlite Any close above 212 stock is heading towards 220/225/233 Intraday Traders can use the below mentioned levels Buy above 213.5 Tgt 215.9,220 and 222 SL 211.5 Sell below 210.5 Tgt 209,206.5 and 203 SL 211.5 Glenmark Intraday Traders can use the below mentioned levels Buy above 773 Tgt 780,790 and 798… Read More »
First of all: Happy Maha Shivratri !! On this auspicious occasion We as traders should make resolutions that should enable us to finally escape the unprofitable trading behavior . The truth is, after one week of great trading, most traders will fall back into old patterns and desperately chase the millions they think they can make… Read More »
From Deutsche Bank Today’s second Eurogroup meeting on Greece was cut short, again concluding in deadlock. The atmosphere remains tense, but through all the multiple and conflicting headlines, the subsequent Eurogroup press conference provides us with a clear framework on how the Greek crisis will progress over the next few days and weeks. First, Eurogroup… Read More »
FII’s bought 21.7 K contract of Index Future worth 512 cores, 2.2 K Long contract were added by FII’s and 19.5 K short contracts were squared off by FII’s. Net Open Interest decreased by 17.2 K contract ,so FII’s added long in Index Futures and squared off shorts in index futures. Nifty rise was again halted near… Read More »
Make Rational Decisions – Do you have a plan to enter and exit your trades? Or do you just wing it? If you have a plan, write down your rules, and make sure that you trade your plan. If you don’t, or can’t, follow your rules, hire someone who can. Respect Risk – Stock Market is… Read More »
LIC Housing Holding 466 stock is heading to 492/521 Intraday traders use below mentioned levels Buy above 471.5 Tgt 474.4,478 and 481 SL 470 Sell below 466 Tgt 464,460 and 455 SL 468 HDFC Any close above 1275 stock is heading to 1300/1364 Intraday traders use below mentioned levels Buy above 1270 Tgt 1280,1293… Read More »
Last week we gave the Chopad level of 18686 Bank Nifty achieved 2 target on downside and 3 target on upside rewarding chopad followers by 900 points . Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly As discussed last weeek Bank NIfty hourly charts are approaching the demand zone as… Read More »
Last week we gave Chopad Levels of 8806 and discussed nifty is ready to make short term bottom on AAP Win How will market react to AAP win Nifty did 3 target on upside. We saw a roller coaster ride in last week with Nifty and Bank Nifty swinging wildly and both indices closing at… Read More »
The Origin of Yen Carry Trade starts from way back in 1990 In 1990 The Bank of Japan had managed to burst bubbles in the Japanese stock and real estate market, by raising interest rates. This brought the economic growth to a standstill. After bursting the bubbles by raising interest rates, the Bank of Japan… Read More »
FII’s bought 55.6 K contract of Index Future worth 1137 cores, 38.7 K Long contract were added by FII’s and 16.9 K short contracts were squared off by FII’s. Net Open Interest increased by 21.8 K contract ,so FII’s added aggressive long in Index Futures and squared off shorts in index futures. Nifty did a follow up… Read More »