Ahead of its interest rate decision tomorrow, the RBI paints a picture of a stagflationary economy in its quarterly report. “The near-term outlook on inflation continues to be marked by a number of upside risks, despite the significant slowdown in growth … fiscal and monetary space to stimulate … remain limited.” Inflation worries are likely… Read More »
August Series started with a big bang gap up opening and reacted sharply from 5149 as discussed in Weekly analysis importance of 5150 level.After a dull July series,August series promises to be a volatile and breakout or breakdown month. Mass psychology which plays an important role in Stock market is on bearish end as… Read More »
July series will come to an end and will be an non event series, We predicted this on 11 June ( Click on Link) based on the OI and historical data. June series Nifty expired at 5149 and now we are trading at 5110 so in 19 trading session we have moved just 39 points… Read More »
1. FII sold 10171 Contracts of NF ,worth 254 cores with net OI increasing by 11221 contracts. 2. As Nifty Future was up by 14 points and OI has increased by 11221 contracts means FII haa a neutral stance and very busy in rolling over there positions to August series. FII futures data is irrespective… Read More »
Europe is back again on limelight now focus shifts on SPAIN, Spanish Stock Market Plummets By 12% In Two Days Short selling ban in Italy and Spain,Last time they did in 2011 and result was market kept on falling. When will the regulators learn ? Government reform wheels have started turning with Petrol price hiked… Read More »
1. FII sold 9246 Contracts of NF ,worth 654 cores with net OI increasing by 2404 contracts. 2. As Nifty Future was down by 40 points and OI has decreased by 2404 contracts means FII have booked out longs from the longs created in past 2 days. 3. NS was unable to cross 5259… Read More »
1. FII bought 28000 Contracts of NF ,worth 654 cores with net OI increasing by 33352 contracts. 2. As Nifty Future was up by 33 points and OI has increased by 33352 contracts means FII have created fresh longs in NF as we have been discussing from past 2 days. Let me add here some… Read More »
The unending list of super hit melodies which u have left will always make us remember u RIP The ultimate superstar Rajesh Khanna Yesterday we has discussed going by History Nifty will not fill the gap from 5189-5150 and can give us the whipsaw move to trap shorts. As always Market move in a direction… Read More »
Another Fry day with Nifty stuck in range, Opened Gap up consolidated in 20 points range and finally gave up all gains and filled the gap and closed for 4 days in a row in red. Tomorrow being 5 day which is a Fibo number,hence probability of a green closing have increased.This move in Nifty… Read More »
Inflation cooled to 7.25% which is welcome news for market as it raises the Hope for RBI to cut rates.From Macro perceptive Monsoon is current overhang for the market, any shortfall in rains can again see the food prices spiraling ahead and putting weight on inflation. 1. FII bought 1258 Contracts of NF ,worth… Read More »