As Discussed in Last Analysis Bank Nifty had a black swan event, we were prepared for it and price broke the gann angle on Wednesday, and took exact support at gann angle. Now Bounce like we saw on Friday are generally get sold into and price revisit the low price hit in next few days.… Read More »
DHFL Positional Traders can use the below mentioned levels Close below 385 Target 370/343 Intraday Traders can use the below mentioned levels Buy above 413 Tgt 417,425 and 433 SL 408 Sell below 385 Tgt 380,370 and 360 SL 390 SUN TV Positional Traders can use the below mentioned levels Close below 650 Target… Read More »
Last Week we gave Chopad level of 27225 Bank Nifty gave short entry and did all 3 target on downside and we also seen the effect of time cycle confluence date market was in free fall, so excellent week for chopad followers. Lets see how we trade nifty in coming week as we approach important… Read More »
Last Week we gave Chopad level of 11520 Nifty gave short entry and did all 3 target on downside and we also seen the effect of time cycle confluence date market was in free fall, so excellent week for chopad followers. Lets see how we trade nifty in coming week as we approach important time… Read More »
FII’s bought 17.4 K contract of Index Future worth 1564 cores ,12.7 K Long contract were added by FII’s and 4.7 K Short contracts were covered by FII’s. Net Open Interest increased by 8 K contract, so fall in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bank Nifty bears were again at front foot and did 26280 and waiting for target of 26072-25997,Range of 25997-26010 is important support zone. Bulls need to close above 26496 for up move towards 26611/26784. We have important time cycle date today,effect will be seen tomorrow. We saw the effect of… Read More »
A debt fund of DSP Mutual Fund named DSP CREDIT RISK FUND was holding IL&FS commercial Paper (CP). This paper were rated AAA. But last week IL&FS made an interest default hence its rating went down to D. Redemption pressure came to this fund. Hence DSP MF sold AAA rated 9.1% paper of DHFL as… Read More »
NSE has released a circular on Additional Surveillance Margin in Equity Derivative Segment, wherein they have changed the mechanism for calculation of Initial Margin for all Equity Derivatives contracts. The said margin has increased effective 14th Sep 2018 but will be made compulsory at client level with effect from 21st Sep 2018. *Why are NBFCs… Read More »
Reliance Positional Traders can use the below mentioned levels Close above 1220 Target 1245/1260 Intraday Traders can use the below mentioned levels Buy above 1215 Tgt 1222,1230 and 1238 SL 1208 Sell below 1205 Tgt 1195,1184 and 1170 SL 1212 BEL Positional Traders can use the below mentioned levels Close above 83 Target… Read More »
FII’s bought 3.5 K contract of Index Future worth 355 cores ,8.3 K Long contract were added by FII’s and 4.8 K Short contracts were added by FII’s. Net Open Interest increased by 13.2 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 »