India Rupee has been rallying in last few days and made a new life time low today. Fundamentally Rally in Rupee is due to 3 Reasons as mentioned Broad dollar strength, Trend in crude oil prices and Emerging-market currency movements, The way LIRA crashed has an sentimental impact on all Asian Currencies. In Our Last… Read More »
Indian Bank Positional Traders can use the below mentioned levels Close above 324 Target 333/339 Intraday Traders can use the below mentioned levels Buy above 324 Tgt 327,331 and 334 SL 321 Sell below 319 Tgt 316,313 and 310 SL 321 Bharat Forge Positional Traders can use the below mentioned levels Close above… Read More »
Last Week we gave Chopad level of 28131 Bank Nifty gave short entry and did all 3 target on downside, so excellent week for chopad followers. Lets see how we trade bank nifty in coming week as we approach confluence of time cycle on 10-11 Sep. Bank Nifty Harmonic Pattern No Valid Harmonic Patter For… Read More »
Last Week we gave Chopad level of 11701 Nifty gave short entry and did all 3 target on downside, so excellent week for chopad followers. Lets see how we trade nifty in coming week as we approach confluence of time cycle on 10-11 Sep. Nifty Harmonic No Valid Harmonic Patter For coming week. Last week… Read More »
What is the difference between Sachin Tendulkar and Virendra Shewag, Both have class of their own, infact Shewag palying style is far better than Sachin instead of this Sachin is remembered as All time Greatest whereas Shewag has been forgotten by most of the Cricketing fraternity. The Big Difference is Consistency. This leads me to… Read More »
FII’s sold 4.3 K contract of Index Future worth 362 cores ,147 Long contract were covered by FII’s and 4.1 K Short contracts were added by FII’s. Net Open Interest increased by 4 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis Low made was 27246 so bank nifty held on to support zone of 27225-27250 for 2 day and in process held to gann angle as shown in below chart. High made was 27552 so bulls were able to do 1 target of 27500. Bulls now need to move above 27500… Read More »
As Many of you must be knowing I would be Speaker at Online Trading Summit, a free online event featuring video interviews and presentations with more than 30+ top traders. The summit is going live during the week of September 10th-16th and includes interviews with top traders who will share with you how they got… Read More »
Cipla Positional Traders can use the below mentioned levels Close above 666 Target 676/687 Intraday Traders can use the below mentioned levels Buy above 664 Tgt 668,672 and 676 SL 660 Sell below 657 Tgt 652,648 and 642 SL 661 Jindal Steel Positional Traders can use the below mentioned levels Close… Read More »
FII’s sold 13.1 K contract of Index Future worth 1154 cores ,1.6 K Long contract were covered by FII’s and 11.8 K Short contracts were added by FII’s. Net Open Interest increased by 10.4 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »