As Discussed in Last Analysis For coming week 3900-3906 will act as strong resistance and 3710-3721 as strong support, Any close above 3906 can see fast move towards 3969-4096. Above 3906 we made a good rally towards 3969 on Friday. For coming week 3969-3999 will act as strong resistance and 3800-3810 as strong support, Any close… Read More »
FII’s bought 20.9 K contract of Index Future worth 1711 cores 20.5 K Long contract were added by FII’s and 393 Short contracts were covered by FII’s. Net Open Interest increased by 20.1 K contract, so rise in Nifty was used by FII’s to enter long and exit short in Index futures.FII’s Long to Short Ratio… Read More »
As Discussed in Last Analysis Now as tomorrow being a Budget day and lot of volatility will be seen in market so trade with extreme caution, Bulls will get active above 27360 for a move towards 27496/27622/27754/27840. Bears will get active below 27100 for a move back to 27000/26920/26800/26700/26555. Both Bulls and Bears were able… Read More »
Once upon a time Shree Krishna and Arjun went for a short stroll around the city. They saw a poor looking priest begging. Arjun felt pity at him and he gave him a bag full of 100 gold coins. The priest became very happy and thanked Arjun. He left for his home. On way, he… Read More »
Tax 1. Within 2 years, Tax assessment will be done electronically 2. IT returns processing in just 24 hours 3. Minimum 14% revenue of GST to states by Central Govt. 4. Custom duty has abolished from 36 Capital Goods 5. Recommendations to GST council for reducing GST rates for home buyers 6. Full Tax rebate… Read More »
Mannapuram Positional Traders can use the below mentioned levels Close above 93 Target 96/99/103 Intraday Traders can use the below mentioned levels Buy above 92.5 Tgt 93.3,94.4 and 95.5 SL 91.5 Sell below 91 Tgt 90,89 and 88 SL 92 DHFL Positional Traders can use the below mentioned levels Close above 140 Target 153/169 Intraday… Read More »
As Discussed in Last Analysis Today being an important date high and low are important as explained in video below Bulls will get active only above 10690 for a move back to 10730/10777/10821. Nifty did all target on upside and also rallied 150 points above 10690 above time cycle high. Now as tomorrow being a… Read More »
As Discussed in Last Analysis Now Till we are above 26750 Bulls have upperhand and can push bank nifty towards 27045/27225. 27000 is our vedic number and any close above it can easily see rally of 350-500 points. Bank Nifty did all target on upside and also rallied 325 points above 27000 and 500 points… Read More »
Most of the Professional traders do not choose to trade on the budget day as it involved wild swings and one bad trade can give you a big hit on your trading account but there are many traders who wait for this day to take a plunge. Most of the traders end up losing a… Read More »
Union Budget 2019 will be presented on 01 Feb by Honorable Finance Minister Shri Piyush Goyal Ji. 5thBudget in the Leadership of our Beloved PM Shri Narendra Modiji. This Budget will have loads of Expectation as we are approaching the Election Year, Market will have Close Eye on Fiscal Deficit Number Last Budget we made… Read More »