S&P 500 the Index world tracks has been rallying from past 4 years. Rally which started in 2009 continues till date taking S&P 500 to a 5 year High and NASDAQ to decade high. Looking the time value of the rally since 2009 bottom Newedge’s Brad Wishak came out with a stunning revelation. Golden Ratio… Read More »
What is Limit Order? Limit order allows an investor and trader to buy or sell a stock at a price he/she is willing to trade with. This ensures that the investor and trader will never pay more for the stock than whatever price is set as his/her limit. Limit orders also allow an investor and trader… Read More »
Monday, January 14 US Economics (Time Zone: EDT) No major economic reports 11:00 Fed to purchase $1.25b-$1.75b bonds in 25 to 30-year range 11:30 Treasury to sell $32b 3-month, $28b 6-month bills Global Economics (Time Zone: GMT) 00:30 AUD Home Loans 10:00 EUR Eurozone Industrial Production 15:30 CAD Business Outlook – Future Sales Tuesday, January… Read More »
WHAT IS COST OF CARRY? In derivates market, the cost of carry (CoC) of a futures contract is the cost incurred on holding positions in the underlying security until the expiry of the futures. The cost includes the risk free interest rate and excludes any dividend payouts from the underlying. CoC is the difference between… Read More »
Aditya Birla Nuvo AbNuvo stock had an spectacular rise from 885 to 1150. Stock has formed multiple DOJI candles and yesterday small move was backed by good volumes. Buy above 1150 Tgt 1159,1170 and 1185 Sell below 1124 Tgt 1114,1102 and 1095 Hero Honda Hero Honda unable to cross 200 DMA started its downfall… Read More »
1. FIIs bought 1190 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 53.31 cores with net Open Interest decreasing by 5426 contracts. 2. As CNX Nifty Future was up by 20 points with Open Interest in Index Futures decreasing by 5426, so FIIs have booked profit in both longs and short… Read More »
Fibonacci technique Fib retracements Fibonacci Ratios are drawn in above chart from 5548-6021 showing Fibonacci support and Fibonacci resistance. Close above 6021 will target 6130 and support now exists at 5920 Fibonacci fan As discussed earlier Fibonacci fan helps in finding potential tops and Bottom of market from short term prospective. If we… Read More »
India • Dec Imports & Exports YoY% (10-15 Jan) • Monthly Wholesale Prices (14 Jan) • CPI (YoY) (14 Jan) US • Jan initial jobless claims (10 Jan) • Nov wholesale inventories (10 Jan) • Nov trade balance (11 Jan) India • Dec Imports & Exports YoY% (10-15 Jan) China • Dec Consumer price index… Read More »
Nifty has hit 6000 Level today after Jan 7 2011. It has bring cheers at Dalal Street. Lets use this as an opportunity to understand and analysis which stock and sectors have outperformed and underperformed Nifty in this rally till 6000. Contrary to belief FMCG has lead the rally,Dark Horse comes out as Ultratech cement… Read More »
When the clock strikes twelve on December 31st, people all over the world cheer and wish each other a very Happy New Year. For some, this event is no more than a change of a calendar. For others, the New Year symbolizes the beginning of a better tomorrow. So, if you look forward to a… Read More »