India Rupee has been rallying in last few days and made a new life time low today. Fundamentally Rally in Rupee is due to 3 Reasons as mentioned Broad dollar strength, Trend in crude oil prices and Emerging-market currency movements, The way LIRA crashed has an sentimental impact on all Asian Currencies. On Technical Front… Read More »
FII’s bought 7.9 K contract of Index Future worth 528 cores ,2 K Long contract were added by FII’s and 5.9 K Short contracts were covered by FII’s. Net Open Interest decreased by 3.9 K contract, so fall in Nifty was used by FII’s to enter long and exit short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis Now Bank Nifty needs to close above 24800 for a move back to 24912/25056/25200. Bearish below 24480 for a move towards 24336/24192/24048. Be cautious in last 1 hour of trading tomorrow. 14 Oct is very important Astrological date affect will be seen either tomorrow or Monday. How time cycle work… Read More »
By: Monica Hendrix In the late eighties I was reading the excellent book “Market Wizards” by Jack Shwager and was fascinated by a story of how ordinary people were taught to trade in just 14 days and went on to make hundreds of millions of dollars. How was it possible? Let’s take a look… Read More »
IGL Positional Traders can use the below mentioned levels Close above 231 Target 238/244 Intraday Traders can use the below mentioned levels Buy above 231 Tgt 233,236 and 239 SL 229 Sell below 227 Tgt 225,222 and 217 SL 229 DHFL Positional Traders can use the below mentioned levels Close above 291… Read More »
FII’s sold 16.9 K contract of Index Future worth 1143 cores ,10.6 KLong contract were covered by FII’s and 6.3 K K Short contracts were added by FII’s. Net Open Interest decreased by 4.2 K contract, so fall in Nifty was used by FII’s to exit long and enter short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis We got the expected move above 24768, and as updated on twitter during market hours High made was 25371 near our level of 25366 and closed below it. Bulls need a close above 25366 for the next round of upmove towards 25600/25776. Bearish below 25100 for a move back to… Read More »
Bharat Finance Positional Traders can use the below mentioned levels Close below 980 Target 965/950 Intraday Traders can use the below mentioned levels Buy above 995 Tgt 1002,1011 and 1025 SL 990 Sell below 983 Tgt 977,970 and 960 SL 989 Reliance Positional Traders can use the below mentioned levels Close… Read More »
FII’s sold 16.7 K contract of Index Future worth 1486 cores ,1.5 K Long contract were added by FII’s and 18.2 K Short contracts were added by FII’s. Net Open Interest increased by 19.7 K contract, so rise in Nifty was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Today high and low are very important as per time analysis and break of any side can easily give 150-200 points.Long above 24768 for a move towards 24912/25050. Bearish below 24460 for a move back to 24336/24192/24048. We got the expected move above 24768, and as updated on twitter during market… Read More »