Same Old Story Repeated again, Create Panic on overnight news (How Mauritius India Tax Treaty change affect Stock Market) Open gaps down , everyone run to short thinking news will have negative impact but market recovers and everything looks good. Traders go long but alas market turns back and go down again, Thus the cycle… Read More »
As of Now If FII invest in Indian companies and if you sell them in profit before 1 year , You need to pay capital gain tax to Indian Goverment as all Indian do. But if money is coming from Mauritius via P-Notes than you do not have to pay capital gain tax as per… Read More »
BEML Positional/Swing Traders can use the below mentioned levels Close above 920 Tgt 949/968 Intraday Traders can use the below mentioned levels Buy above 920 Tgt 929,939 and 949 SL 915 Sell below 905 Tgt 896,888 and 878 SL 910 IDEA Positional/Swing Traders can use the below mentioned levels Close above 113 Tgt 121 Intraday… Read More »
FII’s sold 6.4 K contract of Index Future worth 377 cores ,2.4 K Long contract were liquidated by FII’s and 3.9 K short contracts were added by FII’s. Net Open Interest increased by 1.5 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. Developing a Trading… Read More »
As discussed in last analysis Now Bulls need a close above 16792 for next move till 17000/17100. Bears will be active only below 16500 for move towards 16188. High made today was 16812 but closed just shy of 16792, one we have a close above 16792 we can see next move towards 17067. Bearish only… Read More »
Have you seen Virat Kohli T 20 performance in 2016: 91, 59, 117, 106, 8, 90*, 59*, 50, 8, 49, 56*, 41*, 23, 55*, 24, 82*, 89*, 75, 79, 33, 80, 100*, 14, 52, 102*. He has not achieved this due to some luck, it was the culmination of years of practice translated into a… Read More »
IRB Positional/Swing Traders can use the below mentioned levels Close above 220 Tgt 228/233 Intraday Traders can use the below mentioned levels Buy above 220 Tgt 222.5,224 and 226 SL 219 Sell below 216 Tgt 213.5,212 and 210 SL 218 JET AIRWAYS Positional/Swing Traders can use the below mentioned levels Close above 665 Target… Read More »
FII’s bought 11.7 K contract of Index Future worth 695 cores ,7.8 K Long contract were added by FII’s and 3.9 K short contracts were liquidated by FII’s. Net Open Interest increased by 3.8 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. How Emotions Hijack… Read More »
As discussed in last analysis Bulls needs to close above gann arc, ie above 16500 for a rally. Bears needs to close below 16188 for next move towards 16000-15900. We have been Highlighting the importance of 16188 as its near gann trendline as shown below also a demand zone number, Low made on Friday was 16186… Read More »
Every trades have experienced strong emotions in his/her trading and have struggled with them. One of the main reason for erratic trading results ie. Having big loss because you stayed on the trade hoping the market will reverse or missing out on big profit by exiting early have been attributed to emotions. Strong emotions have… Read More »