Eye Opener Article, Non-performing assets (NPAs) in the banking sector, or bad loans as they are commonly known, have been making headlines for the past many months now. The economic downturn has certainly weakened the ability of many borrowers to repay their loans on time. Some businesses have been hit hard by regulatory changes. Still,… Read More »
Last Weekly we gave Chopad level Bank Nifty 10256 and achieved 1 target downside levels.Bank Nifty has been trading in small range in last week, Coming week is data heavy week with both CPI,WPI and IIP data coming. So Bank Nifty will show good technical move in coming week. Bank Nifty Hourly Bank Nifty hourly… Read More »
Over the last year, investors have been lulled to sleep wrapped in the warmth of complacency as the Federal Reserve stoked the fires of the market with $85 billion a month in liquidity injections. As discussed investors were likely to be rudely awakened by an unexpected event of which was likely not even on the… Read More »
FIIs sold 14729 contracts of Index Future worth 446(711 Long contracts were squared off and 14018 short contract were added) with net Open Interest increasing by 13307 contracts, so FII’s squared off longs and huge shorts were added by them. Nifty was able to protect its 200 DMA, for second day running.Nifty has formed a… Read More »
FIIs sold 19241 contracts of Index Future worth 592 (14999 Long contracts were squared off and 4242 short contract were added) with net Open Interest decreasing by 10757 contracts, so FII’s squared off longs and shorts were added by them. Nifty continue with its relentless fall, falling all the way down to 6000. Nifty is… Read More »
Last Weekly we gave Chopad level Bank Nifty 10814 and achieved on downside levels. Bank Nifty Hourly Bank Nifty hourly charts is trading below its 50HSMA,and also near its lower end of downtrending channel, Holding 10100 strong bounceback can be seen, Unable to hold the same 9800-9500 levels can be seen. Bank Nifty Daily Bank… Read More »
Bank Nifty Hourly Bank Nifty hourly charts is trading below its 50HSMA,11084 range once crossed and see bulls coming back else its bear power all the way down till 10800-10600 odd levels. Bank Nifty Daily Bank Nifty on daily chart is near its trendline support and also its 200 DMA. Breaking the same Bank nifty… Read More »
FIIs sold 30173 contracts of Index Future worth 942 cores (11443 Longs were squared and 18730 shorts were added ) with net Open Interest increasing by 7287 contracts, so FII’s exited longs and added shorts. As discussed Nifty gave a breakout above 6327 but the follow up move is not coming so bears capitalized on downside,… Read More »
Bharatiya Janata Party’s (BJP’s) prime ministerial candidate Narendra Modi on Sunday, 19 January 2014, came out with his vision for a new India ahead of the 2014 Lok Sabha elections, pledging to project the country as a brand worldwide if a BJP government was voted to power. The key elements of the Bharatiya Janata Party… Read More »
Bank Nifty Hourly Bank Nifty hourly charts is trading below its 50HSMA,11007-11116 range once crossed and see bulls coming back else its bear power all the way down till 10800-10600 odd levels. Bank Nifty Daily Bank Nifty on daily chart is near its trendline support and also its 200 DMA. Breaking the same Bank nifty… Read More »