FII’s sold 1.3 K contract of Index Future worth 50 cores ,16.7 K Long contract were squared off by FII’s and 15.3 K short contracts were squared of by FII’s. Net Open Interest decreased by 32.1 K contract, so today’s rise in market was used by FII’s to exit both long and shorts in Index futures Five… Read More »
Ganesh Chaturthi, one of the most sacred Hindu festivals, celebrates the birth of Lord Ganesha – the supreme God of wisdom and prosperity. This annual occassion is observed by the whole of Hindu community with great fervor and piety. Have a grand time this Ganesh Chaturthi. May the Lord bless you and all your… Read More »
1. A surprisingly hawkish Fed: We define this as a rate hike combined with no downgrade of future terminal rate projections. In this case we would expect the USD to resume trend appreciation and rally by at least 5% by the end of the year on a broad TWI basis. 2. The Fed hikes… Read More »
Last week we gave the Chopad level of 16000 Bank Nifty gave Buy opputunity @16000 for Chopad Followers and did all 3 targets by Tuesday thus rewarding Chopad Followers by 670 points. Important Events For Next Week – All eyes on Fed, BoJ and Greece and we also have trading Holiday on 17 Sep. Lets analyze… Read More »
The Federal Reserve isn’t the only central bank announcing a decision next week but it will be the most watched. Here’s a preview of what to expect in the coming days. Fed decision It’s finally time. The Federal Reserve begins its much anticipated two-day monetary policy setting on Wednesday and on Thursday markets get the… Read More »
FII’s bought 6.9 K contract of Index Future worth 240 cores ,11.6 K Long contract were added by FII’s and 4.6 K short contracts were added by FII’s. Net Open Interest increased by 16.2 K contract, so today’s fall in market was used by FII’s to enter long and enter shorts in Index futures Motivational Story… Read More »
Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. According to an interview with Lane, The Stochastic Oscillator “doesn’t follow price, it doesn’t follow volume or anything like that. It… Read More »
On April 5, 1933, FDR signed Executive order 6102 which made illegal “the Hoarding of gold coin, gold bullion, and gold certificates within the continental United States” in the process criminalizing the possession of monetary gold by any individual or corporation. This was de facto gold confiscation; De jure it wasn’t, because as compensation for… Read More »
Last week we gave the Chopad level of 17220 Bank Nifty opened with Huge gap down and did not give any opputunity for Chopad Followers to take entry. Lets analyze how to trade market in coming week. Bank Nifty Hourly Bank Nifty as per Gann Wedge and Arc 16450 should be broken for further upmove… Read More »
Today’s jobs report was supposed to be a tiebreaker for the Fed’s September rate decision, giving fed funds and eurodollar traders some respite after a summer that has been a gut-wrenching, dramamine-chewing rollercoster. It did not, in fact it boosted uncertainty, with the probability of a September rate hike rising from 26% to 30%. … Read More »