Last Week we gave Chopad level of 12576 and Bank Nifty did all 3 target on upside.We have Inflation data coming tomorrow so bank nifty will be under traders radar. Lets analyze how to trade bank nifty coming week. Bank Nifty Hourly Bank Nifty hourly charts is sustaining above its 50 HSMA gives upperhand to… Read More »
Volatility is known as a measure of change. A higher value of volatility indicates that prices can change at a faster pace (either going up or down) as compared to the immediate past. Traders are often looking for new strategies to trade a major event, say a Election Results or Union budget or credit policy… Read More »
Something unique has become evident in India over the past 3-4 years. We have a spectre the mantle of pushing stumbling blocks in front of an on-coming train hitherto entrusted to Babus has now been pushed into the hands of judiciary, election commission and para bureaucratic services like the CAG. So it is not incredible… Read More »
We take a look at fifteen major aspects of the manifesto and measures that BJP has proposed: 1) Price rise: BJP proposes to lower inflation by taking steps such as; special Courts to stop hoarding and black marketing, setting up a Price Stabilisation Fund, evolving a single ‘National Agriculture Market, leveraging on technology to disseminate… Read More »
Last Week we gave Chopad level of 12790 and Bank Nifty did 2 target on downside. Lets analyze how to trade bank nifty coming week. Bank Nifty Hourly Bank Nifty hourly charts unable to cross 50 HSMA will remain under pressure. Bulls will have life only above 12900, till than bears will keep ruling bank… Read More »
While some traders are more likely to fall victim to greed (“How much could I make?!”), others have experienced loss in the market to the point where all they can see is the fear and anxiety (“How much could I lose?” or “How much could the market take away from me?”). Let’s look at some… Read More »
The Indian market is more expensive than its peers among emerging countries, with indices tracking these nations showing a lower multiple of earnings than India. The Morgan Stanley Capital International (MSCI) India index is trading at a price-to-earnings multiple (or P/E) of 17.72, according to Bloomberg data. This means that investors are valuing it at nearly 18… Read More »
Titan Positional traders should look for close above 267 target of 280 and 288. Buy above 267 Tgt 269,271 and 275 SL 265 Sell below 264.5 Tgt 263.2,261.1 and 259 SL 265.5 Century Textile Buy above 368 Tgt 370.5,374.2 and 377 SL 366 Sell below 363.5 Tgt 360.4,357 and 350 SL 366 DRL Any… Read More »
No surprise from the Reserve Bank of India. The central bank kept its benchmark repurchase rate at 8 per cent. Economists had anticipated the RBI would keep interest rates at an elevated rate to combat inflation. Wholesale price inflation was down to 4.7 per cent in February, from 5.1 per cent in January, while consumer… Read More »
Whenever something reaches lifetime highs, questions are asked whether the asset class in question is in bubble territory. Indian equities would certainly qualify to be at the receiving end of such a scrutiny. Both Nifty and the Sensex are being seen flirting with their all time highs with consistent regularity these days. The latest such… Read More »