Bharat Forge Positional/Swing Traders can use the below mentioned levels Close above 867 Short term target 883/890. Intraday Traders can use the below mentioned levels Buy above 862 Tgt 866,871 and 878 SL 858 Sell below 855 Tgt 849,840 and 830 SL 860 Tata Steel Positional/Swing Traders can use the below mentioned levels Close… Read More »
FII’s sold 8.6 K contract of Index Future worth 508 cores ,5.5 K Long contract were liquidated by FII’s and 3 K short contracts were added by FII’s. Net Open Interest decreased by 2.5 contract, so today’s fall in market was used by FII’s to exit long and enter shorts in Index futures. Do You Fear… Read More »
FII’s sold 9.2 K contract of Index Future worth 506 cores ,4.6 K Long contract were liquidated by FII’s and 4.6 K short contracts were added by FII’s. Net Open Interest increased by 28 contract, so today’s fall in market was used by FII’s to exit long and enter shorts in Index futures. How Your Brain… Read More »
Bulls were unable to close above 17466 where demand zone lies, Bears took the opputunity to push bank nifty towards supply zone at 17170 low made today 17164 and Bulls came back pushing bank nifty above gann swing line, suggesting we are still in range bound mode. Support at 17170/16964 range and Resistance at 17330/17466… Read More »
FII’s sold 4.6 K contract of Index Future worth 322 cores ,5.9 K Long contract were added by FII’s and 10.5 K short contracts were added by FII’s. Net Open Interest increased by 16.4 K contract, so today’s rise/fall in market was used by FII’s to enter long and enter shorts in Index futures. GST impact… Read More »
What will GST mean for the Indian economy overall There are a variety of estimates of the benefits of GST to the Indian economy. Firstly, in terms of tax efficiency and reduced compliance, it will be a big boon for business. The secondary impact of GST is likely to increase GDP growth by 200 bps… Read More »
Nifty continued with small range play stuck between 2 EMA’s as shown in 2 chart suggesting big trending move is round the corner, Now 7885 should be watched going above it can see move towards 7937/7995 . On Downside break of 7825 again will revisit 7765/7714.Bank Nifty December Series Outlook Nifty December Future Open… Read More »
Bank Nifty continued with its consolidation trading below gann trendline and signal line suggesting a big move is round the corner as prices are contracting in the triangle. Support remains at 16900 and below that 16830. Resistance at 17170 and than 17280/17466. How Professional Traders Learn From Their Trading Mistakes Bank Nifty December Future Open… Read More »
Bank Nifty continued with its consolidation trading below gann trendline and signal line suggesting a big move is round the corner as prices are contracting in the triangle. Support remains at 16862 and below that 16587. Resistance at 17170 and than 17280. Are you Trading on Skills or Luck Bank Nifty November Future Open… Read More »
Seven years after the Fed unleashed ZIRP and QE to “fix the economy”, it has finally admitted that ZIRP and QE failed to do that (although they certainly succeeded in blowing the biggest asset bubble ever), and for the past 6 months the Fed has engaged in what may be the most ridiculous case of… Read More »