Below are the Highlight of Economic Package by Nirmala Sitharaman The “Atma Nirbhar Bharat Abhiyan” initiative to spur growth and help in building self-reliant India Plan based on five important pillars: economy, infrastructure, tech-driven systems, demography and demand Highlight of Today’s announcement Deadline for filing ITR pushed till 30 Nov TDS and TCS rates Cut by… Read More »
Tata Steel Positional Traders can use the below mentioned levels Close above 288 Target 300 Intraday Traders can use the below mentioned levels Buy above 288 Tgt 291, 294 and 297 SL 286 Sell below 281 Tgt 277, 273 and 269 SL 284 Escorts Positional Traders can use the below mentioned levels Close above 786… Read More »
FII sold 14.2 K contract of Index Future worth 872 cores, Net OI has increased by 4.8 K contract, 4.6 K Long contract were covered by FII and 9.5 K shorts were added by FII. Net FII Long Short ratio at 1, So FII used fall to exit longs and enter shorts. As discussed in… Read More »
As discussed in last analysis Now Bears need to break 18900 for a move back to 18769/18496/18225. Bulls will get active above 19200 for a move towards 19321/19600/19881. Bank Nifty opened with gap down and did all target on downside and bounced from gann angle support as shown in below chart, As Our Beloved PM… Read More »
During my Earlier trading days when I was getting trained by my Guru A common mistake I used to make is trying to mimic the “intuitive” trading styles of My Guru in order to achieve similar levels of success but used to failed miserably. I still remember very vividly My Guru used to Smile when… Read More »
Below are the Nifty and Bank Nifty Weekly Options Trading Levels for 12 May. Options are for 14 May Weekly Expiry Bank Nifty Weekly Call Options for LONG Trade Bank Nifty Weekly PUT Options for LONG Trade Bank Nifty Weekly Call Options for SHORT Trade Bank Nifty Weekly PUT Options for SHORT Trade Nifty Weekly… Read More »
CESC Positional Traders can use the below mentioned levels Close above 611 Target 645 Intraday Traders can use the below mentioned levels Buy above 611 Tgt 619, 626 and 635 SL 605 Sell below 602 Tgt 595, 590 and 585 SL 607 DLF Positional Traders can use the below mentioned levels Close above 136 Target… Read More »
FII bought 11.7 K contract of Index Future worth 806 cores, Net OI has decreased by 5.1 K contract, 3.3 K Long contract were added by FII and 8.8 K shorts were liquidated by FII. Net FII Long Short ratio at 1.3, So FII used fall to enter longs and exit shorts. As discussed in… Read More »
As discussed in last analysis Bank Nifty should show big move on Monday, Bulls need to move above 19550 for a move back to 19683,19881,20150. Bears will get active below 19380 for a move back to 19050/18850.Bank Nifty gave big move as per expectation showing effect of Mercury at Perihelion, below 19380 made low of… Read More »
NIIT Tech Positional Traders can use the below mentioned levels Close above 1415 Target 1453/1510 Intraday Traders can use the below mentioned levels Buy above 1405 Tgt 1415, 1430 and 1455 SL 1396 Sell below 1390 Tgt 1375, 1360 and 1340 SL 1401 UBL Positional Traders can use the below mentioned levels Close above 895… Read More »