Bank Nifty 09 Aug 2024 Trade Plan

By | August 8, 2024 11:38 pm

Foreign Institutional Investors (FIIs) exhibited a Bullish Stance in the Bank Nifty Index Futures market by Buying 1718 contracts with a total value of 130 crores. This activity led to a decrease of 1204  contracts in the Net Open Interest. As Discuused in Last Analysis We have seen the impact of Mercury’s speed retrograde and… Read More »

Nifty 09 Aug 2024 Trade Plan

By | August 8, 2024 11:36 pm

Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Nifty Index Futures market by Shorting 50430 contracts worth ₹3050 crores, resulting in a decrease of 13820 contracts in the net open interest. FIIs covered 31940 long contracts and added 17148 short contracts, indicating a preference for covering long positions and adding short positions. With… Read More »

08 August 2024 Nifty Analysis: How RBI Policy and Astrology Align

By | August 8, 2024 9:09 am

Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Nifty Index Futures market by Shorting 5698  contracts worth ₹345  crores, resulting in a increase of 1418 contracts in the net open interest. FIIs covered 5061 long contracts and added 9677 short contracts, indicating a preference for covering long positions and adding short positions. With… Read More »

Mastering Harmonic Patterns: Insights For Alkem CONCOR Indusind Bank

By | August 8, 2024 9:02 am

ALKEM Positional  Traders can use the below mentioned levels Close below 5500 Target 5250 Intraday Traders can use the below mentioned levels Buy above 5525 Tgt 5555, 5600 and 5666 SL 5505 Sell below 5500 Tgt 5460, 5420 and 5365 SL 5521 CONCOR Positional  Traders can use the below mentioned levels Close below 1000 Target… Read More »

Ten Fatal Errors Made by Traders and How to Avoid Them

By | August 6, 2024 3:33 pm

In the world of trading, one would assume that with the plethora of sophisticated charts, extensive fundamental analysis, and in-depth experience with price action, most traders would be profitable. However, the sobering reality is that the majority of traders do not succeed. Instead, they contribute to the profits of the minority who have mastered the… Read More »

Understanding the Yen Carry Trade: A Comprehensive Guide

By | August 5, 2024 3:33 pm

What is a Yen Carry Trade? A Yen carry trade involves borrowing money in Japanese Yen (JPY), which typically has low-interest rates and a weak currency. Hedge funds and other investors take advantage of this by borrowing in Yen, then selling the Yen to buy other currencies. With these proceeds, they invest in various risky… Read More »