King of D-Street finally woke up from long slumber and fired 6% at a shot. I am talking about Reliance Industries. It broke above 751 and made a high of 789. RIL going in such a fashion after almost 3 years and give us some intuition of big moves coming in Nifty. This is still… Read More »
1. FII sold 14453 Contracts of NF ,worth 348 cores with net OI increasing by 5075 contracts. 2. As Nifty Future was down by 5 points and OI has increased by 5075 contracts means FII have done partial profit booking in longs still no evidence of shorts getting added at higher levels, as NF… Read More »
US Fed Disappointed, ECB disappointed Market Reaction after Draghi speech – http://bit.ly/OLjrY5. Draghi has asked the Spain to come with a formal bailout request and Spain Index IBX is down 8% from highs of day. EU is down between 2-3% from highs of the day. So what shall we expect out of Nifty, Will Nifty… Read More »
All Eyes on US Fed will he deliver another QE3 more liquidity to Financial markets or he just sit tight for situation to get worse. QE1 and QE 2 have done nothing till date What will QE3 do ? Readers views are invited. 1. FII sold 1048 Contracts of NF ,worth 59 cores with… Read More »
The trouble with most people is that they think with their hopes or fears or wishes rather than with their minds… Will Durant Hope is the buzzword on financial markets around the world ? Hope of more QE,Hope of action from ECB ,Hope of RBI cutting rates but as a traders HOPE is your worst… Read More »
Ahead of its interest rate decision tomorrow, the RBI paints a picture of a stagflationary economy in its quarterly report. “The near-term outlook on inflation continues to be marked by a number of upside risks, despite the significant slowdown in growth … fiscal and monetary space to stimulate … remain limited.” Inflation worries are likely… Read More »
August Series started with a big bang gap up opening and reacted sharply from 5149 as discussed in Weekly analysis importance of 5150 level.After a dull July series,August series promises to be a volatile and breakout or breakdown month. Mass psychology which plays an important role in Stock market is on bearish end as… Read More »
July series will come to an end and will be an non event series, We predicted this on 11 June ( Click on Link) based on the OI and historical data. June series Nifty expired at 5149 and now we are trading at 5110 so in 19 trading session we have moved just 39 points… Read More »
1. FII sold 10171 Contracts of NF ,worth 254 cores with net OI increasing by 11221 contracts. 2. As Nifty Future was up by 14 points and OI has increased by 11221 contracts means FII haa a neutral stance and very busy in rolling over there positions to August series. FII futures data is irrespective… Read More »
Europe is back again on limelight now focus shifts on SPAIN, Spanish Stock Market Plummets By 12% In Two Days Short selling ban in Italy and Spain,Last time they did in 2011 and result was market kept on falling. When will the regulators learn ? Government reform wheels have started turning with Petrol price hiked… Read More »