Everytime USDINR has tried to sustain above 80 on spot, selling emerged: FPI, large corporates or RBI. This time around we have to see. Key resistance zone is near 80.10 on spot. USDINR has been oscillating within 79.20 and 80.10. FPI inflows and lower oil prices and corporate flows are Rupee supportive but at the… Read More »
The principle behind the importance of the opening price probably stems from the fact that the markets are open only six and half hours a day. That leaves 18 hours for decision making to occur. It is my opinion that decisions are made during the 18 hours that affect the opening of our market. I… Read More »
Swing trading is a trading strategy that focuses on profiting off changing trends in price action over relatively short timeframes. Swing traders will try to capture upswings and downswings in stock prices. Positions are typically held for one to six days, although some may last as long as a few weeks if the trade remains profitable. Below… Read More »
Stock Markets have seen high volatile move in last 5 months and Stocks have seen big corrections also. Record-high inflation levels, dented prospects of corporate profitability and likelihood of contraction in economic growth continue to batter equities, which, according to analysts, are set to remain volatile in the near-term amid global liquidity withdrawal. Investors should remain calm… Read More »
Once a little boy was playing outdoors and found a fascinating caterpillar. He carefully picked it up and took it home to show his mother. He asked his mother if he could keep it, and she said he could if he would take good care of it. The little boy got a large jar… Read More »
Bank Baroda Positional Traders can use the below mentioned levels Close above 134.5 Target 142 Intraday Traders can use the below mentioned levels Buy above 134 Tgt 135, 136.5 and 139 SL 132.8 Sell below 131.5 Tgt 130.5, 129 and 128 SL 132.5 LIC Housing Positional Traders can use the below mentioned levels Close above… Read More »
FII sold 47 K contract of Index Future worth 4189 cores, Net OI has increased by 33.8 K contract 6.6 K Long contract were covered by FII and 40.4 K Shorts were added by FII. Net FII Long Short ratio at 0.37 so FII used fall to exit long and enter short in Index Futures.… Read More »
As Discussed in Last Analysis All Bullish target done For the past 4-5 days, we are having highly volatile days with swings on both sides – but the net result is minimal. Today again we will see gap down of 400-500 points,Swing Trade Plan is Bullish above 39407 for a move towards 39606/39824/40000, Bears will… Read More »
FII sold 13 K contract of Index Future worth 1122 cores, Net OI has increased by 9.2 K contract 8 K Long contract were added by FII and 11.3 K Shorts were covered by FII. Net FII Long Short ratio at 0.76 so FII used rise to enter long and exit short in Index Futures.… Read More »
As Discussed in Last Analysis Bank Nifty had important gann and astro date today as discussed in below video. Bank Nifty has also formed double bottom today at 37950 Swing Trade Plan is Bullish above 38333 for a move towards 38528/38723/38971, Bears will get active below 38005 for a move towards 37809/37613/37417. We have Monthly… Read More »