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 »
The BSE Sensex and Nifty are trading near 13 months low and have declined 17% from the 2015 High which we saw on 04 March 2015. In Just 6 months Stock market have wiped out the gains made in past 13 months.Let me put the reason from both Technical and Fundamental Perceptive Sensex corrected by… Read More »
There’s no question that the world economy has been shaky at best since the crash of 2008. Yet, politicians, central banks, etc., have, since then, regularly announced that “things are picking up.” One year, we hear an announcement of “green shoots.” The next year, we hear an announcement of “shovel-ready jobs.” And yet, year after… Read More »
Last week we gave the Chopad level of 17850 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 high of 17600 should be broken for… Read More »