JSW Steel Any close above 1008 stock is heading to 1021/1042/1076. Intraday traders use below mentioned levels Buy above 1008 Tgt 1015,1026 and 1040 SL 1005 Sell below 997 Tgt 986,978 and 967 SL 1005 Arvind Intraday traders use below mentioned levels Buy above 280 Tgt 282,285 and 288 SL 279 Sell below 276… Read More »
Chinese Stock market Futures Limit-Down After Regulatory Crackdown On Margin-Trading *SHANGHAI COMPOSITE HEADS FOR BIGGEST LOSS SINCE FEBRUARY 2007 *CHINA CSI 300 INDEX FUTURES FALL BY 10% LIMIT Who could have seen this coming? Having tried and failed once to stem the speculative frenzy in Chinese stocks, regulators took more direct action tonight… Read More »
Auro Pharma Intraday traders use below mentioned levels Buy above 1162 Tgt 1168,1181 and 1202 SL 1155 Sell below 1145 Tgt 1134,1127 and 1114 SL 1150 Hindalco Any close above 139 stock is heading to 144/147 Intraday traders use below mentioned levels Buy above 140 Tgt 142,144 and 145.5 SL 138.5 Sell below… Read More »
Last week we gave the Chopad level of 18686 Bank Nifty achieved 1 target on downside and missed with long entry with gap up . Lets analyze how to trade in coming week. Bank Nifty Hourly As discussed last week new high came, Now high of 19410 should be watched closing above it can see… Read More »
By ending its three year currency peg to the weakening euro Switzerland has become the first major economy to surrender in the international currency war, and in so doing has given a long-delayed victory to the Swiss people. Contrary to the indignant reaction by the media and financial establishment, the decision is not a disaster… Read More »
Swiss National Bank discontinues minimum exchange rate and lowers interest rate to –0.75% Over two decades ago, George Soros took on the Bank of England, and won. Just before lunch local time, the Swiss National Bank took on virtually every single macro hedge fund, the vast majority of which were short the Swiss Franc… Read More »
Statement by Dr. Raghuram G Rajan, Governor Since July 2014, inflationary pressures (measured by changes in the consumer price index) have been easing. The path of inflation, while below the expected trajectory, has been consistent with the assessment of the balance of risks in the Reserve Bank’s bi-monthly monetary policy statements. To some extent, lower… Read More »
One of the conventionally accepted reasons for the unprecedented hedge fund underperformance in 2014 was that the vast majority of the “smart money” left 2013 and entered 2014, just as the 10Y looked set to decisively break out above 3%, long equities, expressed primarily via the Nikkei which went nowhere for most of the year… Read More »
FII’s sold 10.5 K contract of Index Future worth 244 cores, 9.9 K Long contract were added by FII’s and 20.4 K short contracts were added by FII’s. Net Open Interest increased by 30.3 K contract ,so FII’s added both long shorts in Index futures. Nifty continued with formation of higher highs and higher lows and also… Read More »
Last week we gave the Chopad level of 19076 Bank Nifty achived all 3 targets rewarding Chopad followers with 400+ points. Lets analyze how to trade in coming week Bank Nifty Hourly Bank Nifty hourly chart is forming a triangle pattern breakout comes above 18800 for a target of new high and breakdown 18400 for… Read More »