Last week we gave Chopad Levels of 8596 , Nifty did 3 target on downside and rewarded Chopad followers. Lets analyze how to trade market in coming expiry week. Nifty Hourly Chart Nifty Hourly charts has broken on downside and below its 21/34 EMA, till 8400 is not broken trend remains on downside. We are… Read More »
FII’s sold 26.9 K contract of Index Future worth 530 cores,19.8 K Long contract were squared off by FII’s and 7.1 K short contracts were added by FII’s. Net Open Interest decreased by 12.6 K contract.Why FII’s are worried about Minimum Alternative Tax (MAT) Nifty again formed a lower low @8273 which was near to last… Read More »
A key reason for recent market correction is the issue about Minimum Alternative Tax (MAT), which has worried foreign investors for some time now. FIIs are one of the biggest players in the Indian market. So, their stock trading affects the overall market directly. Worries about the MAT issue, however, have limited FII participation in… Read More »
Let’s face it. The market will always do what it wants to do, and move the way it wants to move. Every day is a new challenge, and almost anything from global,local politics, major economic events, to central bank rumors can turn financial market one way or another. This means that each and every one… Read More »
Flexibility for the trader to move with price action is the key to successful trading. You can be rigid with your rules and risk management but you must be flexible when it comes to how the future plays out in price action for any market or stock. It is not those that predict the future… Read More »
Colgate Intraday Traders can use the below mentioned levels Buy above 2019 Tgt 2033,2055 and 2092 SL 2011 Sell below 1995 Tgt 1975,1960 and 1940 SL 2011 M&M Finance Any close above 288 short term target 300/322. Intraday Traders can use the below mentioned levels Buy above 283.5 Tgt 285.4,288 and 292 SL 281 Sell… Read More »
FII’s sold 28.9 K contract of Index Future worth 585 cores,23.9 K Long contract were squared off by FII’s and 4.9 K short contracts were added by FII’s. Net Open Interest decreased by 19 K contract.Conquer the Four Fears to be Profitable trader Part-III Nifty after falling 560 points in 6 trading finally stopped making lower… Read More »
In Continuation with Previous Post 4. Fear of Not Being Right Too many traders care too much about being proven right in their analysis on each trade, as opposed to looking at trading as a probability game in which they will be both right and wrong on individual trades. In other words, their overall method… Read More »
Infy Intraday Traders can use the below mentioned levels Buy above 2141 Tgt 2155,2187 and 2219 SL 2129 Sell below 2125 Tgt 2105,2073 and 2050 SL 2135 IDFC Any close above 168 stock is heading to 174/178. Intraday Traders can use the below mentioned levels Buy above 167 Tgt 168,169.3 and 171.5 SL 166.4… Read More »
FII’s sold 1.3 K contract of Index Future worth 34 cores,5.6 K Long contract were added by FII’s and 6.9 K short contracts were added by FII’s. Net Open Interest increased by 12.5 K contract.Motivation Story for Traders :Marvan Atapatu Inspiring Life Story Nifty continued forming lower low and closed below its 20/50/100 SMA, falling 560 points… Read More »