September Series came to an end with Nifty gaining 6%, so whats in store for October series,let see how FII are preparing themselves for October Series. 1. FII bought 10928 Contracts of Index Future,worth 372.44 cores with net OI decreasing by Huge 311707 contracts. 2. As Nifty Future was down by 17 points and Open… Read More »
1. FII bought 21938 Contracts of Index Future,worth 644.96 cores with net OI increasing by Huge 96896 contracts. 2. As Nifty Future was up by 1 points and Open Interest in Index Futures increased by 96896, FII created fresh longs Index Future longs in Nifty and Bank Nifty Futures.Also do note FII are basically… Read More »
1. FII sold 5167 Contracts of Index Future,worth 129.87 cores with net OI increasing by Huge 74249 contracts. 2. As Nifty Future was down by 25 points and Open Interest in Index Futures increased by 30452, FII have started booking profits on Index Future longs in Nifty and Bank Nifty Futures. 3. NS closed at… Read More »
Nifty made a fresh 52 week high and closed near its 78 week high of 5691.FII hot money coupled with reforms unveiled by Government of India making bulls to rise higher as Nifty has rallied 502 points in 12 trading session. Expiry is just 4 days away with 51 F&O Stocks moving out so trade… Read More »
Technical correction is in place giving the breathing space to indicator and cooling off the steam of stocks. Consolidation before the next rally will help market to break the swing high of 5652 and march towards 5740. Expiry is just 5 days away with 51 F&O Stocks moving out so trade these stocks very cautiously.… Read More »
RBI cut the CRR by 25 BPS and kept repo and reverse repo rates unchanged. 17000 Cores added more to the banking system,but will it trigger rate cut by banks?Read RBI view on Indian Economy Nifty as discussed in Weekly analysis reacted from 5648,Nifty has moved too fast and furious so next move shall be… Read More »
Bulls are having a great time with Support from Central Bankers. First it was ECB with unlimited Bond Buying now its US Fed who has started QE 3 *FED TO KEEP POLICY STIMULATIVE FOR `CONSIDERABLE TIME’ *FED WILL ADD TO PURCHASES IF LABOR MARKET DOESN’T IMPROVE *FED DOES NOT SAY WHEN MBS PURCHASE PROGRAM TO… Read More »
Nifty Future made a fresh September series high today at 5453. IIP data came at 0.1 which is as per market expectation. Another important Global event German Court gave in favour of using ESM and Germany Can Ratify ESM Fund With Conditions so nothing is stopping Bulls. Always remember hot money chase the momentum and… Read More »
Nifty Future made a fresh September series high today at 5409. We have important events lined up in next 3 days so trade with caution as volatlity will be name of the game. IIP data will come tomorrow at 11 Am German Court decision on whther ESM is part of EU treaty or not will… Read More »
1. FII sold 19129 Contracts of Index Future,worth 470.22 cores with net OI decreasing by 33359 contracts. 2. As Nifty Future was down by 8 points and OI has decreased by 33359,FII have booked profit at higher levels today in Nifty and Bank Nifty Futures. 3. NS closed at 5363 above the 61.8% retracement… Read More »