US Debt ceiling suspense will get over by 17 October, Markets are confident that US Politicians will come back together and raise the debt limit. But if we go through the History back in 2011, Stock Markets correction actually took place once an agreement was reached so will the same be repeated again ? Next… Read More »
Last Week We gave the Bank Nifty Weekly Trend changer level as 10236 Bank Nifty did 1 target on downside and 2 target on upside in volatile week, so traders were able to capture both up move and down move. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Daily Bank Nifty… Read More »
After a two-day, five hundred point Dow Jones rally on nothing but hope that just because politicians are talking, all shall be well, it was the weekend’s turn, when the market is conveniently closed, for true Congressional colors to emerge. Sure enough, moments ago Boehner told GOP lawmakers that Obama has “rejected our deal”, and… Read More »
Regular readers of my site must be well aware of the fact, I always ask traders with small capital to stay away from Buying Options, During my trading course Typically 80% of traders have confessed , that they made there big loss when they have bought options. Retail traders are always looking at buying options… Read More »
FIIs bought 16377 contracts of Index Future (bought 17119 long contract and 742 shorts were added) worth 506 cores with net Open Interest increasing by 17861 contracts.FII’s today again went long in NF. Infosys will be decide the next trend of Nifty Nifty spent the day consolidating over 6000,tomorrow we will get clarity whether Nifty will be… Read More »
Infosys Q2 Results will be declared before Friday market opening this will be first result after Narayana Murthy took over the rein of Infy,stock having risen 25% in the past three months Infosys is famous for Wild swing after the Quarter results as shown in below chart . Past 3 Quarters have been market with Huge… Read More »
Congress has yet to address the impending U.S. debt ceiling, which will be hit on Oct. 17 if nothing is done. Analysts believe that if the U.S. hits the debt ceiling and eventually defaults on its liabilities, then the resulting market chaos could actually cause investors to dump risk assets and rush into U.S. Treasury… Read More »
As per SocGen US Stock Market current valuations very stretched. On the basis of Price-to-Book (valuation) and return-on-equity (profitability), the US equity market is extremely ‘expensive’; and “hoping” for further expansion on the RoE to save the day is whimsical given the limits to leverage. Via SocGen, The chart below illustrates a strong and rational… Read More »
FIIs sold 9606 contracts of Index Future (sold 23553 long contract and just 13947 shorts were covered) worth 268 cores with net Open Interest decreasing by 37500 contracts.FII’s covered there shorts at the dip but no fresh longs were entered. Nifty has been trading in range of 5800-5950 from past many trading sessions, baring the Fed day… Read More »
Last Week We gave the Bank Nifty Weekly Trend changer level as 9846 Bank Nifty did 1 target on downside and 2 target on upside in volatile week. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty on hourly chart is trading in symmetrical triangle with support at 10197.… Read More »