Nifty made the top at 5815 in September,Flash crash occurred hurting the sentiments and Nifty made a 100 Points range 5635-5725 and since has been oscillating in that range from past 8 trading sessions.The law of moving average always suggests when get heavily loaded on a single side consolidation is the name of game, So… Read More »
1. FII bought 2056 Contracts of Index Future,worth 35.7 cores with net OI increasing by 23632 contracts. 2. As Nifty Future was up by 67 points and Open Interest in Index Futures increased by 23632,so FII again took longs in longs of Nifty Future and Bank Nifty and covered shorts. 3. NS closed at 5717… Read More »
1. FII sold 4693 Contracts of Index Future,worth 133 cores with net OI decreasing by 12451 contracts. 2. As Nifty Future was down by 51 points and Open Interest in Index Futures decreased by 12451,so FII booked profits in longs of Nifty Future and Bank Nifty.Zoom in from start of October Series FII net Open… Read More »
Reliance Results should bring some cheers to Dalal Street Bulls tomorrow. Click on Link to see RIL and Axis bank Q2 Results 1. FII bought 12999 Contracts of Index Future,worth 284.17 cores with net OI increasing by 4067 contracts. 2. As Nifty Future was up by 16 points and Open Interest in Index Futures increased… Read More »
Infosys Results were as per market expectation but future growth remains a point of concern and market thrashed the stock, HDFC results were good with NPA coming down lets see market rreaction today. We have Inflation data coming for September today and its the data after diesel price hike so will be keenly watched. Also… Read More »
1. FII sold 34232 Contracts of Index Future,worth 1012.37 cores with net OI decreasing by 20284 contracts. 2. As Nifty Future was up down by 51 points and Open Interest in Index Futures decreased by 20284,so FII have booked profits in shorts in Nifty and Bank Nifty Futures.Fresh longs have not been created as nifty… Read More »
1. FII bought 2375 Contracts of Index Future,worth -6.88 cores with net OI increasing by 8405 contracts. As FII were buyers but net amount came as negative which means FII sold in Opening and bought at the fag end of session. Consider the following example Sell 9 unit at Rs 7 and Buy 10 Unit… Read More »
1. FII bought 8788 Contracts of Index Future,worth 228.74 cores with net OI increasing by 15070 contracts. 2. As Nifty Future was down by 75 points and Open Interest in Index Futures increased by 15070,so FII have taken shorts in Nifty and Bank Nifty Futures. 3. NS closed at 5676 and broke the previous swing… Read More »
Flash Crash Nifty has been dramatic and opens a can of worms on how vulnerable are capital markets to human error where a dealer punching a wrong number can lead to a900 point fall in Nifty and a algorithm going berserk can cause a 440Millon $ loss to Knight capital in US (Happened on 22… Read More »
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 »