Indian Government has unleashed second wave of Big Bang Reform 2:Cabinet clears FDI in insurance, pension sector http://bit.ly/PYLlzI . Nifty had already had an inkling about this and the reason After showing seven sessions of small range trading sessions which we discussed yesterday consolidation with positive bias , Nifty finally staged upside breakout of the… Read More »
Nifty is under consolidation with positive bias from past 2 trading sessions,this consolidation should not be taken as the sign of weakness as Nifty is closing successfully above 5700 with fresh 52 week high. So please do not short the market as its not moving higher wait for the signal to emerge. Its… Read More »
The father of the nation with the tools of truth and nonviolence, Freed our nation from imperialism, Follow path of truth and wisdom, Pay homage to this great leader on Gandhi Jayanti & always….. 1. FII bought 3254 Contracts of Index Future,worth 93.15 cores with net OI increasing by 6544 contracts. SGX Nifty is… Read More »
One of the Best Article I have read in recent memory!! The mental part of the game. Its an aspect of trading that can easily be ignored, we all choose how we approach this game. Some see failures as opportunities to learn and progress, while others see them as outright failures and road blocks which should be… Read More »
September Series came to an end with Nifty gaining 6%, so whats in store for October series,let see how FII are preparing themselves for October Series. 1. FII bought 10928 Contracts of Index Future,worth 372.44 cores with net OI decreasing by Huge 311707 contracts. 2. As Nifty Future was down by 17 points and Open… Read More »
1. FII bought 21938 Contracts of Index Future,worth 644.96 cores with net OI increasing by Huge 96896 contracts. 2. As Nifty Future was up by 1 points and Open Interest in Index Futures increased by 96896, FII created fresh longs Index Future longs in Nifty and Bank Nifty Futures.Also do note FII are basically… Read More »
1. FII sold 5167 Contracts of Index Future,worth 129.87 cores with net OI increasing by Huge 74249 contracts. 2. As Nifty Future was down by 25 points and Open Interest in Index Futures increased by 30452, FII have started booking profits on Index Future longs in Nifty and Bank Nifty Futures. 3. NS closed at… Read More »
Nifty made a fresh 52 week high and closed near its 78 week high of 5691.FII hot money coupled with reforms unveiled by Government of India making bulls to rise higher as Nifty has rallied 502 points in 12 trading session. Expiry is just 4 days away with 51 F&O Stocks moving out so trade… Read More »
May Lord Ganesh bring you and your family Lots and Lots Of HAPPINESS,LOVE and PROSPERITY… Market never like Surprises and if they come it will factor in keeping worst case scenario in mind. UPA government is under minority with Mamata Banerjee deciding to withdrew her part support. Now UPA is depended upon Mulayam Singh Yadav and… Read More »
RBI cut the CRR by 25 BPS and kept repo and reverse repo rates unchanged. 17000 Cores added more to the banking system,but will it trigger rate cut by banks?Read RBI view on Indian Economy Nifty as discussed in Weekly analysis reacted from 5648,Nifty has moved too fast and furious so next move shall be… Read More »