FII’s sold 25.1 K contract of Index Futures worth 960 cores (3.5 K longs were added and 28.7 K shorts were added in Index Future) with net OI increasing by 32.3 K contracts.FII’s went aggressively short in index futures. Nifty has formed Hanging man bearish candlestick pattern on Daily charts, Pattern gets activated below 7580… Read More »
Last Week we gave Bank Nifty Chopad level of 15306 and Bank Nifty did all 3 target on upside rewarding traders with 696 points, We have IIP and Inflation data so Bank Nifty will likely to another volatile week ahead, lets analyze how to trade bank nifty now. Bank Nifty Hourly Bank Nifty hourly charts… Read More »
CYCLES OF MERCURY This is most difficult phase to deal with but these cycles are real sentiment driver.MERCURY can be seen but can”t be touched but aftershocks can be felt for long times. Here i am discussing 6 events of MERCURY movement from Saturday i.e.7-6-2014. 1. It’s is going retrograde on 7th June @17.58 hrs,… Read More »
FII’s bought 8.6 K contract of Index Futures worth 317 cores (1.8 K longs were added and 6.8 K shorts were squared off in Index Future) with net OI decreasing by 5 K contracts.FII’s squared off shorts taken on Friday and went long before RBI event. As discussed in Weekly Analysis Nifty as per Gann… Read More »
Bank Nifty Weekly Forecast for RBI Policy week
In this article I’ve analyzed common option trading mistakes. Options are by nature a more complex than simply buying and selling stocks. For example, when you buy options, not only do you have to be right about the direction of the move, you also have to be right about the timing.Also, options tend to be… Read More »
Ambuja Cement Close above 220 stock is heading to 228 and 233 Buy above 220.5 Tgt 223,225 and 228 SL 219 Sell below 215 Tgt 212,208 and 203 SL 217 Coal India Any close below 377 stock is heading towards 369,Holding 377 stock is heading towards 390 and 398. Buy above 384.5 Tgt 390,394… Read More »
Bank Nifty will be on traders radar next week, with announcement of new FM, Bank Nifty will likely to see a good trending move. Bank Nifty Hourly Bank Nifty hourly charts is poised for a breakout above 15320 for a traget of 15750. Bank Nifty Daily Elliot Wave Analysis Bank Nifty on daily chart as… Read More »
Prof. Shivanand Shankar Mankekar has always been a believer in the merits of a concentrated portfolio with only a few high conviction stocks in it. However, this time he has outdone himself with 70+% of his net worth in a single stock. When you study the portfolio of Prof. Mankekar, his wife Laxmi Shivanand Mankekar,… Read More »