November 2013 is one of the best series till date as Nifty has closed above 6092 after making a new life high of 6342. December series has two crucial events one is State election results which will be declared on 9 Dec and 18 Dec RBI policy. From Historical Data only 3 Years ie 2000,2001… Read More »
FIIs sold 23105 contracts of Index Future (sold 2799 long contract and 20306 shorts were added ) worth 693cores with net Open Interest increasing by 17507 contracts.So after break of 6077 chopad level FII’s got aggressive and added more shorts into the system. Nifty continued with its correction for 7 day running and broke the Important chopad level … Read More »
FIIs bought 6001 contracts of Index Future (bought 16994 long contract and 10993 shorts were entered ) worth 194 cores with net Open Interest increasing by 27987 contracts.So with rise shorts were also added by FII’s. Nifty made a fresh 52 week high today at 6270 and Sensex closed above 21000, has reached near to the highly… Read More »
FIIs sold 31289 contracts of Index Future (sold 25217 long contract and 6072 shorts were added ) worth 864 cores with net Open Interest decreasing by 19145 contracts.FII’s have shorted Index Futures again but in small quantity.CAD for Q1 widens to $21.8 billion, stands at 4.9% of GDP but numbers are better than market expectation. Nifty ended… Read More »
FIIs bought 50350 contracts of Index Future (sold 1.2 Lakh long contract and 1.04 Lakh shorts were squared off ) worth 1497 cores with net Open Interest decreasing by 2.2 lakh contracts.Nothing much to read in these numbers. Nifty continued to move in the trading range and finally expired above 200 DMA, Yesterday Nifty formed an hammer… Read More »
September Series is coming to an end, It has been an eventful series with Nifty making a low of 5303 and High of 6142 a move of 839 points, Stock market moved from the zone of extreme pessimism to over exuberance. Well thats the beauty of Stock market. The last 10 days has been quiet… Read More »
Today is Nifty expiry and many traders will indulge in Option trading to make some quick buck if they are on right side of trade. I have seen trader taking position in Options that trades less them their theoretical value, thinking price will correct End of day and they will make profits but in reality… Read More »
Its been hell of series for investor and bullish traders as Nifty kept on falling down and down, First day of June series had an inkling of fall as Nifty closed down 138 points and the correction continued. Mid caps have been butchered out of shape and large caps becoming Mid Caps like JSPL. Nifty… Read More »
FIIs bought 13299 Contracts of Index Future ,worth 416 cores with net Open Interest increasing by 40161 contracts, FII made fresh longs in market.Reason for Rupee Depreciation against dollar Tomorrow we have Nifty May Series Expiry, Nifty made low of 5860 and High of 6229 total range of 369 points. May expiry has been volatile… Read More »
FIIs bought 5526 Contracts of Index Future ,worth 167 cores with net Open Interest increasing by 5804 contracts, FII made fresh longs in market.Trading lessons As discussed in Weekly Analysis Nifty took support at important level of 5937 which was 38% retracement which gave us good level to do partial profit booking and today our… Read More »