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 »
Last week we gave Trend Deciding level as 5806 Nifty Nifty achieved all Weekly target on upside with a gain of 271 points. September series has been quiet interesting with Nifty gaining 824 points or 10% in just 12 trading sessions. Both Fed and RBI surprised the market leading to volatility in stock market. Next… Read More »
Last week we gave Trend Deciding level as 5686 Nifty Nifty opened with big gap up and traders were unable to enter longs 🙁 .The government unveils data of inflation based on the wholesale price index (WPI) for August 2013 on Monday, 16 September 2013. WPI inflation is seen accelerating to 5.9% in August 2013… Read More »
FIIs bought 101860 contracts(Highest ever in single day) of Index Future (Bought 87098 long contract and 14762 shorts were liquidated) worth 2957 cores with net Open Interest increasing by 72336 contracts.The spectacular rally we saw today many reasons can be given the most important reason was FII have covered there most of shorts on Friday session as… Read More »
FIIs bought 37866 contracts of Index Future (Bought 24525 long contract and 13341 shorts were liquidated) worth 778 cores with net Open Interest increasing by 11184 contracts.So FII have covered 81K contract of NF and BNF shorts in past 3 trading sessions and added 25.6K contract of fresh longs in NF and BNF suggesting short covering done… Read More »
Indian market rejoiced the appointment of the new RBI governor and his optimistic road plan, as Nifty rallied almost 372 points from Sep low of 5316 and Bank Nifty 1384 points and Rupee rallied more than 5%. Also Next weak American government will decide to strike on SYRIA as there will be a final VOTE… Read More »
Last Week was the most volatile week in recent trading history with Nifty swinging wildly in range of 750 points and ending the week on flat note. Nifty was falling Against the backdrop of a falling rupee, FII selling and the passage of food security bill in the Parliament accentuated the selling pressure. GDP growth dived… Read More »
FIIs bought 21533 contracts of Index Future (Booked profit in 284902 shorts and 102716 longs were squared off ) worth 575 cores with net Open Interest decreasing by 387618 contracts. Today’s rise was backed by short covering and fresh positions will be take tomorrow.It has been an awesome series with profit of 1.89 lakh as per Intraday… Read More »