Carried with care, coated with pride, dipped in love, fly in glory, moments of freedom in shade of joy. Proud 2 be an Indian!Happy Independence! The freedom fighters gave many slogans that motivated lakhs of Indians to join them in the freedom movement. Some of these slogans are worth recalling on the eve… Read More »
Here are two things that China’s government wants very badly: first, for its economy to remain on an even keel, keeping growth and employment high. Second, for its currency, the renminbi, to become a pre-eminent global currency that helps promote the country’s diplomatic goals and solidify the country’s centrality to the global economy. Frequently those… Read More »
Submitted by Michael Lebowitz via 720Global.com, Second Verse, Same as the First, a Little Bit Louder and a Little Bit Worse China surprised the financial markets on August 11, 2015 by devaluing their currency, the Renminbi (CNY), the equivalent of 2% versus the U.S. Dollar (USD). This is the largest daily move in the CNY… Read More »
Risk assets got back in the groove last week, as policy makers once again managed to keep spooky realities from coming out of the closet. Greece not only chickened out but also surrendered to Troika, in order to secure more debt from Euro zone to repay Euro zone and IMF. The fear of unknown has… Read More »
Last week we gave the Chopad level of 18830 Bank Nifty did 1 target on upside . Lets analyze how to trade market in coming week as we have CPI and IIP data scheduled for coming week. Bank Nifty Hourly Bank Nifty need to sustain above 16×1 line and close above 45 degree line for… Read More »
In pursuance of SEBI guidelines for periodic revision of lot sizes for derivatives contracts specifiedin the SEBI circular CIR/MRD/DP/14/2015 dated July 13,2015,the Exchange is in the process of revising the market lots of derivatives contracts on Indices and Stocks as follows: Market lots of derivatives contracts on Indices Stock Derivatives Contracts Revised Downwards Revised… Read More »
FII’s bought 27.1 K contract of Index Future worth 598 cores ,21.6 K Long contract were added by FII’s and 5.5 K short contracts were squared off by FII’s. Net Open Interest increased by 16.1 K contract, so today’s market was used by FII’s to exit shorts in index futures and enter longs. Why traders who… Read More »
Wock Pharma Positional/Swing Traders can use the below mentioned levels Close above 1597 stock can bounce till 1631/1652. Intraday Traders can use the below mentioned levels Buy above 1590 Tgt 1600,1620 and 1638 SL 1580 Sell below 1575 Tgt 1560,1540 and 1520 SL 1586 Union Bank Positional/Swing Traders can use the below… Read More »
FII’s sold 9.8 K contract of Index Future worth 188 cores ,7.1 K Long contract were squared off by FII’s and 1.5 K short contracts were added by FII’s. Net Open Interest decreased by 6.6 K contract, so today’s rise was used by FII’s to exit longs in index futures and enter shorts. Trading Behaviors That… Read More »
Last week we gave the Chopad level of 18680 Bank Nifty did 1 target on upside and with big gap down the Shorting trade was avoided . Lets analyze how to trade market in coming wee. Bank Nifty Hourly Bank Nifty need to sustain above 3×1 and 4×1 line for bulls to act else 18400/18300… Read More »