Last week we gave the Chopad level of 17170 Bank Nifty gave Buy opputunity @17170 for Chopad Followers and did all 2 targets on Upside and again gave Shoring Opportunity did 2 target on downside thus rewarding Chopad Followers by 800 points. Lets analyze how to trade market in coming week where we have RBI… Read More »
Highly Volatile September Series came to an end, We saw high of 17652 and low of 15762 range of 1800 points sentiments of traders moving from extreme negative to positive but overall from August to September expiry nifty moved just 18 points (Close of August Series 17214 and Close of September Series 1796) suggesting it … Read More »
As we have extended Weekend sharing Three Best Stock Market Movies Gafla ‘Gafla’ begins as a story about an ordinary young man, Subodh, in ordinary circumstances. Subodh starts out as like any middle-class guy, with limited opportunities to survive and get ahead. ‘gafla’ follows Subodh’s journey into the stock markets and beyond through the eyes… Read More »
Very Nice Analysis done by BofAML, Must Read for Aspiring TA’s The technical pattern for S&P 500 and many other US and global equity market indices is sell rallies, according to BofAML’s Stephen Suttmeier, who notes that the market is as overbought now as it was in July. Last week’s post Fed-Decision price action was… Read More »
It is no secret that with the rest of the US economy, and especially housing, sputtering the one bright spot for US production and manufacturing has been the automotive sector. Whether the recent strength has been a function of money-losing leases, extremely generous terms on auto loans including a new rise in subprime debt issuance… Read More »
FII’s sold 5.9 K contract of Index Future worth 172 cores ,19.4 K Long contract were added by FII’s and 14.5 K short contracts were added of by FII’s. Net Open Interest increased by 26.2 K contract, so today’s rise in market was used by FII’s to enter both long and huge shorts in Index futures,… Read More »
As discussed before on this post Revision of Market Lot of Derivative Contracts on Indices and Stocks Nifty December Lot Size will change to 75 after September expiry, Currently lot size is 50 not 25. Traders holding December Options need to readjust their position before September Expiry else they will get Stuck u till December… Read More »
Last week we gave the Chopad level of 16670 Bank Nifty gave Buy opputunity @16670 for Chopad Followers and did all 3 targets by Friday thus rewarding Chopad Followers by 540 points. We also have trading Holiday on 25 Sep. Lets analyze how to trade market in coming week. Bank Nifty Hourly Bank Nifty hourly… Read More »
**FOMC: NO POLICY CHANGE, 0-0.25% TARGET ‘REMAINS APPROPRIATE’ **FOMC: GLOBAL ECON,FIN EVENTS ‘MAY RESTRAIN ECON ACTIVITY’ **FOMC: VOTE 9-1; LACKER DISSENTS, WANTED 25 BPS HIKE Full Statement below: Information received since the Federal Open Market Committee met in June indicates July suggests that economic activity has been expanding moderately in recent months. Growth in at… Read More »
Paryushan parva is a time of reflection on our past year actions. It is observed during every Chaturmas commencing on the twelth day of the shukla paksha of “Bhadrapad” month and ending on the fourth day of Krishna paksha of Bhadrapad. It is marked by strict observance of the ten cardinal virtues: Forgiveness, Charity, Simplicity,… Read More »