As discussed in last analysis Bank Nifty reacted from gann line of resistance and is heading towards the first support of 17000 and ultimate target of green arc as shown in below chart around 16700/16650. Low made today 16650 exactly at green arc as shown in below chart before RBI policy, and saw the huge… Read More »
FII’s sold 30.6 K contract of Index Future worth 519 cores ,12.6 K Long contract were squared off by FII’s and 17.9 K short contracts were added of by FII’s. Net Open Interest increased by 5.3 K contract, so today’s rise in market was used by FII’s to enter both long and shorts in Index futures … Read More »
Intraday trading means buying and selling in the same day. It may be either buying first or short selling. Normally intraday traders book profit in small margins. People are making profit by repeated trades or by trading large quantities. One thing to be mentioned here is intraday trading is high risk involved. The Golden rule… Read More »
Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points from 7.25 per cent to 6.75 per cent with immediate effect; keep the cash reserve ratio (CRR) of… Read More »
Tata Motor Positional/Swing Traders can use the below mentioned levels Close below 280 target 267, Bullish only above 288 Target 300/322 Intraday Traders can use the below mentioned levels Buy above 285 Tgt 288,290.5 and 295 SL 283 Sell below 277 Tgt 273,271 and 267 SL 280 IDBI Positional/Swing Traders can use the… Read More »
As discussed in last analysis Bank Nifty reacted from gann line of resistance and is heading towards the first support of 17000 and ultimate target of green arc as shown in below chart around 16700/16650.Pyrapoint suggest Break of 17000 on closing basis opens possibility of nifty moving towards 16500/16400 in short term.Bullish on close above… Read More »
FII’s sold 827 contract of Index Future worth 8.6 cores ,3.9 K Long contract were added by FII’s and 4.7 K short contracts were added of by FII’s. Net Open Interest increased by 8.6 K contract, so today’s fall in market was used by FII’s to enter both long and shorts in Index futures Why RBI… Read More »
Taken from the Speech of RBI Governor Dr. Raghuram Rajan A lesson from Brazil? Perhaps Brazil offers a salutary lesson. Only a few years ago, the world was applauding the country’s thriving democracy, its robust economic growth, and the enormous strides it was making in reducing inequality. It grew at 7.6 percent in 2010, and… Read More »
Adani Ports Positional/Swing Traders can use the below mentioned levels Close below 300 target 288 Intraday Traders can use the below mentioned levels Buy above 305.3 Tgt 309,313 and 318 SL 302 Sell below 300 Tgt 297,292.2 and 288 SL 302 Amar Raja Batteries Positional/Swing Traders can use the below mentioned levels Close… Read More »
Last week we gave the Chopad level of 17170 Bank Nifty gave Buy opputunity @17170 for Chopad Followers and did all 2 targets on Upside and again gave Shoring Opportunity did 2 target on downside thus rewarding Chopad Followers by 800 points. Lets analyze how to trade market in coming week where we have RBI… Read More »