Till now nsesite has not update the FII data must be some technical issue,So am unable to post the FII Data . Today the all Important Inflation data for May month was released, inflation inched upto 7.55% and Core Inflation to 4.99%. The another shocker was The March inflation figure has been revised upward sharply… Read More »
In the trading world, you will either make money or lose money on any given trade. All that matters in the end is making more money when you’re right than you lose when you’re wrong. Knowing this, traders have learned to accept failure as part of the game, but they also use the information they… Read More »
Bank Nifty Bank Nifty is showing negative divergence after a 1200 points rally,break of 10000 which is trendline support is important for divergence to show effect. Buy above 10142 Tgt 10223,10291 and 10369 Sell below 10060 Tgt 10000,9911 and 9893 REC REC was covered here after the triangle breakout and stock has rallied almost… Read More »
1. FII bought 43618 Contracts of NF ,worth 1076 cores. Highest Buy by FII in June series before the crucial inflation data. 2. As Nifty Future was up down by 3 points and OI has increased by 26004 contracts means FII have created fresh longs in Index futures. 3. Nifty made a high of … Read More »
1. FII bought 93 Contracts of NF ,OI increased by 20735.FII have created again longs in Index future. 2. As Nifty Future was up by 74 points and OI has increased by 20735 contracts means FII have created fresh longs in Index futures. 3. Nifty made a high of 5129 and closed above both… Read More »
“Don’t think about what the market’s going to do; you have absolutely no control over that. Think about what you’re going to do if it gets there. In particular, you should spend no time at all thinking about those rosy scenarios in which the market goes your way, since in those situations, there’s nothing more… Read More »
2 Important events took place today which a trader can write down in his trading journal as Prices will always have memory and will be helpful for future trades 1. Throwing Money at market cannot solve economic problems when the underlying fundamentals are not taken care off. Span got 100 Billion Dollar bailout and Financial… Read More »
ICICI Bank ICICI bank is at its trendline resistance of 837,Break of same will lead to a rally till 870 odd levels Buy above 839 Tgt 848,862 and 870 Educomp Channel resistance at 141 odd levels Buy above 142.3 Tgt 144.4,147 and 151 Sell below 139 Tgt 137,136 and 134 BHEL Higher lows with… Read More »
Spain got 100 Billion Euro of bailout from EU and World markets are in deep green up between 1.5-2% http://sgxrtchart.blogspot.in/ SGX trading at 5130 so well above 200 DMA 1. FII sold 6610 Contracts of NF ,OI increased by 1470. So FII after booked profit in longs near 200 DMA. 2. As Nifty Future was… Read More »
Last Week Analysis Trend Deciding level was 4767 and Nifty made low of 4770 and bounced back with a bang. WoW basis Nifty is up by 4.7% rallying with Global markets. Next Week will be crucial and volatile as we have lot of data points coming from India Macro Perceptive. 1)12 June : IIP data… Read More »