Category Archives: Daily

Third Bi-Monthly Monetary Policy Statement, 2014-15

By | August 5, 2014 11:14 am

Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent; keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand… Read More »

Nifty Technical Analysis before RBI event

By | August 4, 2014 10:07 pm

FII’s bought 7492  contract of Index Future worth 289 cores, 9.1  K Long contract were added  and 1.6 K short contracts were added by FII’s. Net Open Interest increased  by 10.8 K contract. We have RBI Policy tomorrow, Nifty today 21 HEMA@7694 and nears 34 HEMA @7715 closing above it on 2 hour basis will confirm… Read More »

Glenmark,Petronet and BoB Elliot wave analysis

By | August 4, 2014 8:24 am

Bank Baroda 898 should be watched clsely, any close above it stock is heading towards 932 in short term. Buy above 898 Tgt 910.920 and 932 SL 893 Sell below 890 Tgt 884,875 and 867 SL 893 Petronet Buy above 186 Tgt 188,191 and 195  SL 185 Sell below 182 Tgt 179,176 and 172 SL… Read More »

Bank Nifty Weekly Analysis for RBI Policy

By | August 4, 2014 6:58 am

Last Week we gave Chopad Level of 15306  Bank Nifty did 1 target on upside and 1 target on downside . Lets analyze how to trade Bank Nifty during RBI event. Bank Nifty Hourly Bank Nifty hourly charts is forming a triangle pattern, Sustaing below 15000 will suggests will invite a short term correction till… Read More »

The Tortoise vs. The Hare – A Trading Metaphor

By | August 2, 2014 8:12 am

Everyone knows the story of the Tortoise and the Hare, but what you might not know is that it can be a very effective metaphor to describe the differences between winning and losing traders. Like the Hare, you probably experienced a lot of excitement and success right out of the gate, as you began trading… Read More »

FII FnO data analysis for 30 June

By | July 29, 2014 10:10 pm

FII’s bought 780  contract of Index Future worth 32  cores, 14.5 K Long contract were added  and 13.7 K short contracts were added by FII’s. Net Open Interest increased   by 28.2  K contract.FII’s have net 72K contract of Shorts open and 52.5K Contract of Long open in current series. If we removed last 2 days of… Read More »

Bank Nifty Weekly Analysis for July Expiry Week

By | July 27, 2014 7:35 pm

Last Week we gave Chopad Level of 15436 Bank Nifty did 1 target on upside and 1 target on downside . Lets analyze how to trade Bank Nifty in Expiry week. Bank Nifty Hourly Bank Nifty hourly charts are showing consolidation after a rise in last week, Sustaing below 15300 will suggests will invite a… Read More »