Last Week we gave Chopad Levels of 8448, Nifty did not gave entry till Wednesday as trading well above chopad level, Shorts got triggered on Wednesday which got stopped out on Thursday as market opened gap up giving loss of 120 points, But loss was immediately recovered on Friday as Nifty gave a perfect short… Read More »
FII’s sold 17.2 K contract of Index Future worth 1020 cores ,15.5 K Long contract were liquidated by FII’s and 1.6 K short contracts were added by FII’s. Net Open Interest increased by 13.8 K contract, so fall in market was used by FII’s to exit long and emter shorts in Index futures. As discussed in… Read More »
As discussed in last analysis Now Bulls need to close above 20300 for a move above 20500/20907. Bears will get active below 20000 for a target of 19732. Bulls need a weekly close above 20300 as shown in below gann angle chart for a move towards life high. Bulls again failed to close above 20300… Read More »
In presentation by Anand Rathi Securities group on the challenges and effects of demonetization, and am summarizing the points below for your benefit: 1. Immediate impact: is expected to be negative all round: a. In the short term it will be a logistical nightmare to manage the cash replacement in banks and smooth functioning of… Read More »
Lets try to correlate Stock market with one of the famous childhood story of SIX Blind men and Elephant Story goes something like this Once upon a time, there were Six blind man. Once They heard someone talking about elephant which make then curious what exactly is an Elephant. To satiate themselves they took a… Read More »
Source You can’t change the cards life has dealt you, but you can determine the way you’ll play them. That’s the philosophy Wendy Stoeker decided to live by. When she was a freshman at the University of Florida, Wendy was placed third in the girl’s state diving championship. At that point, she was swimming number… Read More »
Reliance Capital Positional Traders can use the below mentioned levels Close Below 490 Target 481/460 Intraday Traders can use the below mentioned levels Buy above 496 Tgt 500.5, 505 and 510 SL 492 Sell below 487 Tgt 482.5,477 and 472 SL 491 Motherson Sumi Positional Traders can use the below mentioned levels Close below 314… Read More »
FII’s bought 2.8 K contract of Index Future worth 204 cores ,1 K Long contract were added by FII’s and 1.8 K short contracts were liquidated by FII’s. Net Open Interest increased by 764 contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. As discussed in last… Read More »
As discussed in last analysis Bulls need a close above 19600 for a move towards 19732/19900/20200. Bears will get active below 19350 for a fast move towards 19252/19000. Gann Support gave such a big rally of 2140 point in matter of 2 trading days. Bank Nifty opened gap up above 19787 and fired up as… Read More »
HDFC Bank Positional Traders can use the below mentioned levels Close above 1260 Target 1296/1312 Intraday Traders can use the below mentioned levels Buy above 1260 Tgt 1272.5, 1280 and 1290 SL 1255 Sell below 1250 Tgt 1243.5,1235 and 1227 SL 1255 KSCL Positional Traders can use the below mentioned levels Close above 392… Read More »