Last Week we gave Chopad Levels of 8921, Nifty gave multiple entry in last week Long Entry on Monday which did 1 target on Upside by Tuesday.Nifty for a single session was not able to close below the Chopad level of 8921 suggesting Bulls were ready for the Big gap up which will happen tomorrow. … Read More »
Last Week we gave Chopad Levels of 8335, Nifty gave Long Entry on Monday as low made was 8327 and did all target by Wednesday thus rewarding disciplined Chopad followers. Nifty Time cycle which started on 10 Jan till 25 Jan gave 351 points move. Now we have new time cycle which started from 27… Read More »
Union Budget 2017 will be presented on 01 Feb by Honorable Finance Minister Shri Arun Jatielyji. 2 Budget in the Leadership of our Beloved PM Shri Narendra Modiji. This Budget will have loads of Expectation after the Major Reform of Demonetization. Will it be one of Dream Budget ? Last Budget we made a Bottom… Read More »
FII’s sold 22.2 K contract of Index Future worth 408 cores,7.3 K Long contract were squared off by FII’s and 14.9 K short contracts were added by FII’s. Net Open Interest increased by 7.6 K contract.Motivational Video for Traders :Bamboo Lesson Nifty again formed a lower low @8185 and failed to form higher high. Nifty has… Read More »
FII’s bought 45.7 K contract of Index Future worth 1127 cores, 35.2 K Long contract were added by FII’s and 10 K short contracts were squared off by FII’s. Net Open Interest increased by 24 K contract. I have discussed which traders can use as an Input to their trading plan for Budget Day Stock Market Response… Read More »
Last week we gave Chopad Levels of 8840 and discussed nifty is ready for pre budget rally but last week Nifty on Weekly basis has the smallest range in past 15 years. Weekly Range was just 120 points and the expected Pre Budget rally was not seen. We saw a roller coaster ride in last… Read More »
FII’s sold 35.8 K contract of Index Future worth 845 cores, 21.5 K Long contract were squared off by FII’s and 14.2 K short contracts were added by FII’s. Net Open Interest decreased by 34.4 K contract ,so FII’s squared off long in Index Futures and continue adding shorts in index future. Nifty after 310 point decline… Read More »
Using the Similarity in Price Action of Year 2009 we are trying to analyze the way forward for Nifty in remaining of 2014 Bulls have been riding the Dalal street from Feb Month and got in momentum after May 16 election results. Analyst on Streets have been talking about 8500/9000 odd levels and every dip… Read More »
FII’s bought 7 K contract of Index Future worth 276 cores, 2.7 K Long contract were added and 4.2 K short contracts were squared off by FII’s. Net Open Interest decreased by 1.4 K contract , so FII are going long ans squaring off shorts in Index Futures.From start of series net on net basis FII… Read More »
FII’s sold 6.8 K contract of Index Future worth 257 cores, 782 Long contract were squared off and 6 K short contracts were added by FII’s. Net Open Interest came up by 5.2 K contract suggesting FII are again going short at higher level. What a day it was Swing of 252 points, but it do… Read More »