Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Bank Nifty Index Futures market by Shorting 2332 contracts worth 161 crores, resulting in a decrease of 6502 contracts in the Net Open Interest. As Discussed in Last Analysis ICICI Bank came up with a good set of numbers, while Kotak Bank’s YoY performance was… Read More »
As Discussed in Last Analysis ICICI Bank came up with a good set of numbers, while Kotak Bank’s YoY performance was good, but QoQ results were disappointing. If IT stocks take a beating, it usually impacts Finance stocks, which are used to manage the Index. This was evident on Friday when the IT index was… Read More »
Introduction In the world of financial trading, successful traders understand that a well-defined exit strategy is just as important as a solid entry plan. Knowing when and how to exit a trade is crucial for managing risk and maximizing returns. In this article, we will explore the significance of exit strategies in trading and how… Read More »
HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level:2487 Weekly Resistance: 2512,2538,2563,2589 Weekly Support: 2461,2435,2410,2385 HDFC BANK Trend Deciding Level:1685 Weekly Resistance: 1699,1714,1729,1743 Weekly Support: 1666,1650,1635,1620 Infosys Trend Deciding Level: 1333 Weekly Resistance:1352,1369,1387,1407 Weekly Support:1316,1298,1281,1263 ICICI Bank Trend Deciding Level: 990 Weekly Resistance: 998,1008,1016,1025 Weekly Support: 981,972,963,956 TATA MOTOR Trend Deciding… Read More »
Last Week we gave Chopad Level of 44800 Bank Nifty Bulls did all target on upside so Excellent Week for Chopad followers. Coming Week we have we have multiple astro dates and July Monthly expiry so should be a volatile move for coming week. SUN Square North Node “Bayer Rule 2: Trend goes down within… Read More »
Last Week we gave Chopad Level of 19577 Nifty Bulls did all target on upside so Excellent Week for Chopad followers. Coming Week we have we have multiple astro dates and July Monthly expiry so should be a volatile move for coming week. SUN Square North Node “Bayer Rule 2: Trend goes down within 3… Read More »
The MCX Gold price closed at ₹59309 per 10 grams on July 21, 2023, up by 0.01% from the previous week’s close of ₹59316 per 10 grams. The price of gold traded in a narrow range of ₹49984 to ₹58939 per 10 grams during the week. The overall trend of the gold price was sideways.… Read More »
Price Movement The price of MCX Crude closed at 6298 on July 21, 2023, up 1.38 % from the previous week’s close of 6334. The week was marked by volatility, with the price ranging from a high of 6324 to a low of 6073. Here are some factors that could influence crude oil prices in… Read More »
USD/INR experienced another week of lackluster trading, with prices hovering around the 82.00 level on July futures, confined within a narrow 8 paise range on Friday. Speculated central bank intervention appears to be the key factor behind this tight trading pattern. The RBI’s foreign exchange reserve has surged for three consecutive weeks, reaching a 15-month… Read More »
Analysis of FIIs’ behavior in the Nifty Index Futures market shows a bearish approach as they displayed a preference for short positions. On a net basis, FIIs shorted 11,132 contracts worth 1,105 crores, resulting in an increase of 406 contracts in the Net Open Interest. Additionally, they sold 8,719 long contracts and added 6,869 short… Read More »