Category Archives: Daily

Nifty near trendline support, Will it hold tommrow ?

By | September 23, 2014 7:48 pm

FII’s sold 7.9 K contract of Index Future worth 315 cores, 17.5 K Long contract were added and 25.4 K short contracts  were added by FII’s. Net Open Interest increased  by 42.9  K contract , so FII added longs in Index futures also shorts were added almost  in 1:1.5 ratio. This is what we discussed yesterday… Read More »

Bank Nifty Weekly Analysis for September 2014 Expiry

By | September 21, 2014 11:27 pm

Last week we gave  Nifty Chopad level of 16220 and Bank Nifty did 3 target on downside. Lets analyze how to trade in September Expiry Week. Bank Nifty Hourly Bank Nifty hourly charts is near its downward falling trendline support break of 16000 can see a downmove till 15750. Else new high is coming again… Read More »

Mistakes to Avoid in Gold Trading

By | September 17, 2014 12:24 pm

Investing in gold is no joke, and a lot of information associated with it can confuse people. Since the gold market is an extremely volatile market, caution and a lot of research are needed when investors decide to commit to gold investing. Although using the services of an experienced gold broker makes the task of… Read More »

Nifty near trendline support, Ready to Bounceback

By | September 17, 2014 6:49 am

FII’s sold 3949 contract of Index Future worth 162 cores, 1.3 K Long contract were squared off and 2.6 K short contracts  were added by FII’s. Net Open Interest increased  by 2.9 K contract , so FII squared   long and added shorts in Index futures.But the number of shorts contracts added are quiet less suggesting fall… Read More »

FII FnO Data Analysis for 16 Sep

By | September 15, 2014 9:53 pm

FII’s sold 34595  contract of Index Future worth 1394 cores, 13.8 K Long contract were squared off and 20.7 K short contracts  were added by FII’s. Net Open Interest increased  by 6.8 K contract , so FII squared off both  long and added shorts in Index futures. Nifty opened with gap down , and traded in… Read More »

Bank Nifty Weekly Forecast for 15-19 September

By | September 14, 2014 11:42 pm

Bank Nifty Hourly Bank Nifty hourly charts is near its rising trendline support break of 16000 can see a downmove till 15750. Else new high is coming again holding 16000   Bank Nifty Hourly Elliot Wave Bank Nifty hourly EW is shown as above. Bank Nifty Daily Bank Nifty daily has given a textbook style… Read More »

Bank India,Just Dial and M&M technical analysis

By | September 11, 2014 9:11 am

Bank India Buy above 279 Tgt 281.5,285 and 287 SL  278 Sell below 275.5 Tgt 273,270 and 267 SL 278   Just Dial Any close below 1686 stock is heading towards 1652/1631 Buy above 1705 Tgt 1712,1720 and 1746 SL 1699 Sell below 1695 Tgt 1688,1681 and 1662 SL 1699   M&M Buy above 1388… Read More »

Bank Nifty Weekly Chopad levels for 08-13 Sep

By | September 7, 2014 10:24 pm

Bank Nifty Hourly Bank Nifty hourly charts is near its rising trendline support break of 15950 can see a downmove till 15750. Else new high is coming again holding 15950   Bank Nifty Hourly Elliot Wave Bank Nifty hourly EW is shown as above. Bank Nifty Daily Bank Nifty daily has given a textbook style… Read More »

Why to trade in Nifty Future instead of Stock Future

By | September 6, 2014 8:52 am

During my trading session, I always ask amateur traders to start trading in Nifty Futures instead of Stocks. Here is my reasoning. You do not have to diversify with multiple stocks for equity exposure, the index is already diversified. The risk of any one stock having something catastrophic happen will not really hurt your trade.… Read More »