August Series Nifty corrected 5.8 % was worst series after Aug 2013 when Nifty corrected 8.8%.Nifty and Bank Nifty Bat pattern continue to show the effect as market has recovered 281 points from the low. 8032 is 38.2% retracement 8045 is gann 1×1 line and 8065 is pyrapoint resistance needs to be watched tomorrow.Strong support… Read More »
Via Goldman Sachs, China has been the epicenter of recent market concerns as global markets focus on China’s growth trajectory. Equity markets have been hit hard. The Shanghai Composite is down -43% since its peak on June 12th; with -21% of that down-move coming over the last five trading days. HSCEI is down -32% since… Read More »
HDFC Intraday Traders can use the below mentioned levels Buy above 1115 Tgt 1125,1135 and 1144 SL 1110 Sell below 1084 Tgt 1066,1050 and 1030 SL 1095 TATA Steel Intraday Traders can use the below mentioned levels Buy above 217 Tgt 220,225 and 230 SL 215 Sell below 214 Tgt 211,208 and 204 SL… Read More »
FII’s sold 3.4 K contract of Index Future worth 88 cores ,28.5 K Long contract were added by FII’s and 18.6 K short contracts were added by FII’s. Net Open Interest increased by 85 K contract, so today’s fall in market was used by FII’s to enter long in Sep Series and enter shorts in Aug… Read More »
1. Ask yourself do you really want to take trading as a profession or You want to do trading as its the easiest way to make money ? Before you can develop persistence and eventually achieve success in the tough trading game, you need to first identify if this is truly what you want to… Read More »
Bharat Forge Positional/Swing Traders can use the below mentioned levels Close below 1131 target 1076 Intraday Traders can use the below mentioned levels Buy above 1151 Tgt 1164,1174 and 1194 SL 1140 Sell below 1131 Tgt 1120,1110 and 1095 SL 1140 JSW Steel Intraday Traders can use the below mentioned levels Buy above 872… Read More »
FII’s bought 52 K contract of Index Future worth 1023 cores ,94.3 K Long contract were added by FII’s and 41.4 K short contracts were added by FII’s. Net Open Interest increased by 135 K contract, so today’s fall in market was used by FII’s to enter long and enter shorts in index futures .Want to… Read More »
Following yesterday’s bloodbath (and the continued carnage around the world), AsiaPac stocks are lower with Japan unable to mount any sustained bounce despite every effort to lift JPY. The propaganda-fest is in full swing as Amari claims JPY is safe-haven asset and Aso denies any coordinated G7 response is being planned (which means they are… Read More »
Yes Bank Positional/Swing Traders can use the below mentioned levels Close below 610 target 589/576 Intraday Traders can use the below mentioned levels Buy above 631 Tgt 638 ,644 and 665 SL 625 Sell below 620 Tgt 610 ,595 and 589 SL 625 Colgate Intraday Traders can use the below mentioned levels Buy… Read More »
FII’s sold 15 K contract of Index Future worth 411 cores ,129 K Long contract were added by FII’s and 144 K short contracts were added by FII’s. Net Open Interest increased by 273 K contract, so today’s fall in market was used by FII’s to enter long and enter shorts in index futures,As its expiry… Read More »