Last week was one of the most dramatic week in recent time with Sensex plunging 400 points on Monday and recovering and positing a spectacular 500 points rally and closing Market above 28 week high. Standard and Poor affirming India’s sovereign rating at BBB- and saying that there was one in three chance of a… Read More »
FIIs bought 1948 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 62 cores with net Open Interest increasing by 24122 contracts, so again long addition by FII. Do and Don’ts before you start trading After big move yesterday its time for market to catch its breath and nifty consolidated in our… Read More »
Nifty closed above 6100 first time in 2 years on the auspicious eve of Aksahy Tirtha , Developed markets are life time highs and nifty is also following suit. After RBI disappointment, Bulls were back on their feet and got the momentum back. Many traders are shorting the Nifty, thinking we cannot go further than… Read More »
FIIs bought 10731 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 327 cores with net Open Interest increasing by 13387 contracts still building longs. How George Soros made $60m in 20 Hours We indicated in our analysis Nifty is heading towards the next important zone of resistance of 6071-6082, and for… Read More »
FIIs bought 17972 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 540 cores with net Open Interest increasing by31232 contracts. We indicated yesterday FII has again started going long in Index Futures, near our trend changer levels and today also added long . Great Trader Characteristics Yesterday we discussed based on… Read More »
FIIs bought 14199 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 422 cores with net Open Interest increasing by 21579 contracts.FII has again started going long in Index Futures near our trend changer levels. The Big Trader’s Secret Nifty formed low of 5928 and high of 5977 but unable to cross… Read More »
Nifty touched 6000 first time since Feb month, RBI disappointed the street with just 25 BPS cut and hinting scope of further rate cut is limited. It has spoiled the bullish momentum on the Street. May month has started and Stock market well know adage “Sell in May and Go away”. So lets see how… Read More »
FIIs bought 22289 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 663 cores with net Open Interest increasing by 46929 contracts.FII’s are entering the RBI policy with long bias. The Big Trader’s Secret In yesterday’s analysis we discussed about Nifty forming an exhaustion gap and we were proved wrong by market… Read More »
FIIs sold 876 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 27 cores with net Open Interest increasing by 13946 contracts.The stock market remains closed on Wednesday, 1 May 2013, on account of Maharashtra Day. Trading Holiday for 2013 can be seen on this link. Trading Mistake:Lack of Patience. Nifty formed… Read More »
FIIs bought 396 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 7 cores with net Open Interest increasing by 10328 contracts.FII created long in INdex future.Worlds Best Technical Analyst NS made a lower top at 5916 , below the swing high of 5925. As discussed in Weekly Analysis Market will take… Read More »