FII’s sold 104 K contract of Index Future worth 2416 cores ,33.9 K Long contract were squared off by FII’s and 70.5 K short contracts were added by FII’s. Net Open Interest increased by 36.6K contract, so today’s fall in market was used by FII’s to exit long and enter shorts in index futures .Want to… Read More »
Last week we gave the Chopad level of 18770 Bank Nifty did 1 target on upside and 3 target on downside rewarding disciplined chopad followers. Lets analyze how to trade market in coming week . Bank Nifty Hourly Bank Nifty as per EW analysis 17500/17600 should be seen in coming week. Bank Nifty Pyrapoint Indicator… Read More »
Last week we gave Chopad Levels of 8546 , Nifty did 3 target on downside rewarding chopad followers. Lets analyze how to trade market in coming week. Nifty Hourly EW Chart Nifty hourly chart as per EW analysis should compelte abc correction in range of 8173/8195 and next price action to be seen around these… Read More »
A Look at the Broader Market’s Internals We have previously discussed the stock market’s deteriorating internals, and in light of recent market weakness want to take a brief look at the broader market in the form if the NYSE Index (NYA). First it has to be noted that a majority of the stocks in the… Read More »
The S&P 500 index has broken below the crucial psychological 2,000 level for the first time since late January. This is the biggest collapse in stocks since June 2013 (bigger than October’s plunge – which was only rescued by Bullard’s threat of QE4). What is perhaps most worrisome for the trend-followers – the S&P is… Read More »
The Highest-Earning Hedge Fund Managers & Traders
A strong dollar will slow exports Raising interest rates is only going to make the dollar—which has already been rising against other currencies—climb higher. That’s likely to make it harder for U.S. companies to export their goods around the world, where they are likely to see less demand anyway. What’s more, falling prices around the… Read More »
Tata Steel Positional/Swing Traders can use the below mentioned levels Close above 254 target 267/288 Intraday Traders can use the below mentioned levels Buy above 254 Tgt 256,259 and 262 SL 251 Sell below 250 Tgt 248,245 and 241 SL 252 Reliance Capital Positional/Swing Traders can use the below mentioned levels Close above 343… Read More »
Last week we gave the Chopad level of 18920 Bank Nifty did 1 target on upside and 3 target on downside rewarding disciplined chopad followers. Lets analyze how to trade market in coming week . Bank Nifty Hourly Bank Nifty need to sustain above 4×1 line and close above 45 degree line for bulls to… Read More »
FII’s bought 8.7 K contract of Index Future worth 435 cores ,4.7 K Long contract were squared off by FII’s and 13.4 K short contracts were squared off by FII’s. Net Open Interest decreased by 18.2 K contract, so today’s rise in market was used by FII’s to exit long and shorts in index futures .Happy… Read More »