Nifty made a weekly close above 5350 with huge shorts covering coming by FII. Read more on Weekly Analysis on Nifty 1. FII bought 25718 Contracts of Index Future,worth 651.86 cores with net OI increasing by 31200 contracts. 2. As Nifty Future was up by 98 points and OI has increased by 31200,FII covered shorts… Read More »
Mario Draghi has delivered the Bazooka for Bulls by saying the below points in his press conference. EU Market are roaring with US markets also climbing as ADP Jobs At 5-Month High ECB HAS DECIDED ON MODALITY FOR BOND PURCHASES IN SECONDARY MARKET DRAGHI SAYS PURCHASES WILL ADDRESS DISTORTIONS IN BOND MARKETS DRAGHI SAYS ECB… Read More »
1. FII sold 13298 Contracts of Index Future,worth 317.46 cores with net OI decreasing by 27718 contracts. 2. As Nifty Future was up by 16.50 points and OI has decreased by 27718,so profit booking happened on longs carried by FII in August Series.So FII have been reducing the long exposure in Index future and… Read More »
PMI data Purchasing Manufacturing Index was released for European countries and India Summing the data Indicates 80% Of The World Is Now In Contraction. Chinese stock market last week made 3 year low, as i always say stock market discounts news well in advance and on Sunday we got the news Chinese PMI contracted first… Read More »
We have discussed 2 days before traders in pain will be subjected to more pain.So this is how mass psychology plays out and can help in adding an additional edge to your trades. But never blindly trades based on mass psychology stop losses are must for each and every trade. 1. FII bought 35146 Contracts… Read More »
Everyone was talking about 5600 Market is back below 5300. This is what mass psychology is all about. Market always move in path of least resistance and path of least resistance looking at bullish environment created was on downside. Hence we have results in front of our eyes. 1. FII sold 2041 Contracts of Index… Read More »
Remember, the people in pain, will be subjected to more pain during expiry. So, this month, bears are in pain, and there might be more pain for them around expiry. For this assumption to change, look for long liquidation in huge volumes in the FII OI figures. 1. FII bought 15439 Contracts of… Read More »
1. FII bought 13648 Contracts of Index Future,worth 384 cores with net OI increasing by 13010 contracts. 2. As Nifty Future was down by 40 points and OI has increased by 13010, FII are booking profits in longs. No shorts have been created as per data analyzed. 3. NS closed at 5350 after making the… Read More »
1. FII bought 5547 Contracts of Index Future ,worth 147 cores with net OI increasing by 8549 contracts. 2. As Nifty Future was down by 25 points and OI has increased by 8549, FII are booking profits in longs. No shorts have been created as per data analyzed. 3. NS closed at 5386 after making… Read More »
Nifty has rallied 3.8% in August Series, many analyst including me have pointed out the dismal volume we are seeing,but it should not deter trades to take long calls reasong being Low volume is reason to doubt the strength of the rally, but you buy bread with realized gains, not doubts or durability.Volumes are low… Read More »