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 »
Indian Union Budget will be presented on 28 Feb 2015 , and as discussed in previous post Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do not know so… Read More »
As SEBI has decided to keep market open on Budget day which will be presented on 28 Feb by Honorable Finance Minister Shri Arun Jatielyji. As this the first Budget under the leadership of Shri Narendra Modiji so will be keenly watched by whole world. Will it be one of Dream Budget ? Union Budget… 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 »
FII’s sold 17.4 K contract of Index Future worth 662 cores, 11.5 K Long contract were squared off and 5.8 K short contracts were added by FII’s. Net Open Interest came down by 5.7 K contract suggesting FII are again going short at higher level. Nifty continued with its correction and took support at 7551 as… Read More »
With the Indian Union Budget to be presented on 10 July , and as discussed in previous post Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do not know… Read More »