Last Week we gave Chopad level of 11390Nifty gave Short entry on Monday got stop out Long on Tuesday did 1 target on upside,Short on Wednesday again got stopped out on Friday so bad week for chopad followers. Lets see how we trade nifty in coming week. Humble request to all blog readers Kerala is… Read More »
Risk management is one of the most important topics you will ever read about trading.As its name suggests, risk management is simply about managing your risk. Think of it as wearing a crash helmet when you are cycling, strapping your seat belt on when you are driving, or doing your warm-ups before starting a rigorous workout. We do… Read More »
FII’s sold 7.2 K contract of Index Future worth 695 cores ,4.1 K Long contract were added by FII’s and 11.4 K Short contracts were added by FII’s. Net Open Interest increased by 15.6 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Now Bull need a close above 27920 for a move back to 28064/28225/28350. Bearish below 27740 for a move back to 27650/27496. Bank Nifty opened with gap up above 27920 made low of 27953 and did 1 target of 28064 and closed above it. Now Bulls need a close above… Read More »
There are two kinds of people in the world – one kind is known for their remarkable words and one kind is known for their work. Former Prime Minister Atal Bihari Vajpayee belonged to both parts of the world – a man who was known for his work and his way with words. “One day… Read More »
Infosys Positional Traders can use the below mentioned levels Close below 1422 Target 1400/1378 Intraday Traders can use the below mentioned levels Buy above 1435 Tgt 1444,1453 and 1462 SL 1427 Sell below 1422 Tgt 1415,1402 and 1390 SL 1427 M&M Finance Positional Traders can use the below mentioned levels Close above… Read More »
FII’s sold 6 K contract of Index Future worth 432 cores ,1.7 K Long contract were covered by FII’s and 4.3 K Short contracts were added by FII’s. Net Open Interest increased by 2.5 K contract, so fall in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bank Nifty bulls were able to achieve all the upside target above 27920. Bulls need to close above 28064 for the upmove to continue towards 28225/28450. Bearish below 27888 for a move back to 27740/27650/27496. High made today was 28019 so bulls were not able to capture 28064, Bearish target… Read More »
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. On Technical Front… Read More »
Dabur Positional Traders can use the below mentioned levels Close above 455 Target 466/480 Intraday Traders can use the below mentioned levels Buy above 455 Tgt 458,461 and 466 SL 451 Sell below 449 Tgt 445,441 and 437 SL 452 CESC Positional Traders can use the below mentioned levels Close below 898 Target… Read More »