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 »
FIIs sold 16077 Contracts of Index Future ,worth 496 cores with net Open Interest decreasing by 28723 contracts.Why traders lose money Nifty opened gap down today after US Fed talk spooked world markets, Japan leading from front down almost 1500 points from high of the day, Japanese Stocks crashes 8% . I am firm believer… Read More »
FIIs bought 18567 Contracts of Index Future ,worth 561 cores with net Open Interest increasing by 228951 contracts. Trading Basics Nifty made a low of 6074 after opening gap up,Nifty has closed below the uptrending channel, follow up action is required to confirm breakdown.Tomorrow SBI results are out which is both Nifty and Bank Nifty… Read More »
FIIs bought 3947 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 116 cores with net Open Interest increasing by 12307 contracts, so profit booking done by FII in bank nifty future and long in nifty future. Have you take Positional Traders Fear Test Nifty made a new 52 week high @6229… Read More »
FIIs bought 8097 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 246 cores with net Open Interest increasing by 24963 contracts, so again long addition by FII. Want to be Successful Trader ? As discussed yesterday Nifty is set to make a decisive move and market oblized us. Losses which were… Read More »
FIIs bought 10918 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 325 cores with net Open Interest increasing by 39232 contracts, so again long addition by FII. Want to be Successful Trader ? Today was the taxing day for traders as Nifty kept swinging between positive and negative terrain. Traders following… 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 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 »