The BSE Sensex plunged over 629 points and Nifty declined 198 points after 335 point rally in past 2 session, Increasing the volatility. Crucial bills such as Goods and Service Tax Amendment bill and the Land Acquisition Bill, which were supposed to be passed in the ongoing session of Parliament, got stuck in the… Read More »
That Apple should buy Greece with all the useless cash it has on hand is just a joke that won’t go away. Yet it’s true that, if big American corporations and European politicians had any imagination, they could probably engineer a bailout for the nearly bankrupt country on terms that would benefit everyone. Back in 2012, an investor attending… Read More »
Auro Pharma Any close above 1364 stock is heading to 1430/1453. Intraday Traders can use the below mentioned levels Buy above 1364 Tgt 1370,1389 and 1416 SL 1354 Sell below 1350 Tgt 1343,1330 and 1316 SL 1362 Tata Steel Any close above 378 short term target 385/390/398. Close below 377 stock is heading to… Read More »
FII’s bought 13.9 K contract of Index Future worth 292 cores,8 K Long contract were added by FII’s and 5.8 K short contracts were squared off by FII’s. Net Open Interest increased by 2.1 K contract so today’s rise was used by FII’s to square off shorts and added few longs in Index Future .How to… Read More »
If you want to be a consistent profitable trader in the long run there are THREE elements of trading that you must have in place.These THREE elements which we will discuss are like 3 chairs of stool if you do not follow anyone of them you are bound to fail. A Robust Backtestested and Trusted… Read More »
Bata India Any close above 1076 short term target 1131. Intraday Traders can use the below mentioned levels Buy above 1050 Tgt 1054,1062,1070 SL 1046 Sell below 1044 Tgt 1038,1030 and 1022 SL 1049 BHEL Any close above 233 short term target 238/241/246 Intraday Traders can use the below mentioned levels Buy above 233.5 Tgt… Read More »
Last week we gave the Chopad level of 18296 Bank Nifty achieved 3 target on downside rewarding discipline chopad followers .Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty entered in demand zone and saw a strong bounceback. Till Holding below 21/34 EMA @bears have upper hand. Bank Nifty Hourly EW Daily… Read More »
Last week we gave Chopad Levels of 8221 , Nifty did 2 target on downside and 2 target on upside rewarded Chopad followers on both sides. Few readers have raised a flag stating i give both side views, hope last week move have answered their question why we need to be prepared with both side… Read More »
FII’s bought 7 K contract of Index Future worth 195 cores,5.8 K Long contract were squared off by FII’s and 12.8 K short contracts were squared off by FII’s. Net Open Interest decreased by 18.7 K contract so today’s rise was used by FII’s to square off both longs and shorts in Index Future .Trading using… Read More »
Overview The McClellan Oscillator is a market breadth indicator that is based on the smoothed difference between the number of advancing and declining issues on the New York Stock Exchange. The McClellan Oscillator is a popular market “breadth” indicator that can be used for market timing for short term traders. This indicator can give traders… Read More »