Brief of Satyam Computer On 24th June 1987, Satyam Computer was incorporated as private limited company for providing software development and consultancy services to large corporation. The company was promoted by B Rama Raju and B Ramalinga Raju. In 1991, Satyam Computers became the first Indian company to provide offshore services. His first major client… Read More »
BHEL Holding 233 stock is heading to 238/241 and 246. Any close below 233 short term target 228/225/220. Intraday Traders can use the below mentioned levels Buy above 236.5 Tgt 238.8,241.5 and 244.2 SL 235 Sell below 233 Tgt 231,228 and 225 SL 234.5 Apollo Tyre Intraday Traders can use the below mentioned levels… Read More »
FII’s bought 55.4 K contract of Index Future worth 1173 cores,42.5 K Long contract were added by FII’s and 12.9 K short contracts were squared off by FII’s. Net Open Interest decreased by 29.6 K contract. 4 traits of Successful trader Nifty continued with its rally forming higher high and higher low pattern.Till 8679 is not broken… Read More »
“Observation, experience, memory and mathematics – these are what the successful trader must depend on. He must not only observe but remember at all times what he has observed. He cannot bet on the unreasonable or the unexpected, however strong his personal convictions may be about man’s unreasonableness or however certain he may feel that… Read More »
TVS MOTORS Positional traders should watch for close above 256 for short term target of 267/288. Any close below 254 stock is heading to 246/241/238. Intraday Traders can use the below mentioned levels Buy above 256 Tgt 258,262 and 266 SL 254.5 Sell below 254 Tgt 251.5,248 and 246 SL 255.5 AURO PHARMA Unable… Read More »
FII’s sold 2.8 K contract of Index Future worth 88 cores,7.4 K Long contract were added by FII’s and 10.3 K short contracts were added by FII’s. Net Open Interest increased by 17.8 K contract. Developing a Successful Trading Strategy Nifty continued with its rally after intraday dip 107 points and recovering in last hour of trade… Read More »
Nifty did again the Unexpected Making everyone Bearish Today after RBI policy Traders holding Bulk of Puts and Than came the U-turn and an awesome rise in 45 mins. Traders who were short need to cover at high price or might be still holding the shorts in a HOPE of nifty coming down.(Well it can… Read More »
Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: • keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.5 per cent; • keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of… Read More »
ICICI Bank 322 is trend changer level for ICICI Bank, closing above it stock is heading back to 333/343. Intraday Traders can use the below mentioned levels Buy above 322.1 Tgt 324.6,328 and 330 SL 320 Sell below 318 Tgt 316,313 and 308 SL 320 Axis Bank 576 is trend changer level for Axis… Read More »