Monthly Archives: August 2013

Nifty and Bank Nifty Trading Strategy

By | August 31, 2013 6:22 pm

FIIs sold 5588 contracts of Index Future (Entered long in fresh 14889 Contracts and  20477 fresh shorts were added) worth 155 cores with net Open Interest increasing by 35366 contracts. Today’s rise also FII are entering shorts at higher levels.Also FII did lot of intraday trading which is visible from wild swing we got in Intraday. It… Read More »

Trading Knowledge: W.D.Gann’s trading secrets

By | August 30, 2013 4:29 pm

Some of today’s great trading philosophies actually date back to the early to mid-1900s.And W.D. Gann, Jesse Livermore and Richard D. Wyckoff all were considered “market mavens” of that time,according to author Jim Wyckoff. “They stressed hard work and preparation as pre-conditions for successful trading of markets. Their work is still valid and renowned by… Read More »

Coal India,Rcom and IDFC Technical analysis

By | August 30, 2013 8:08 am

IDFC IDFC after the recent fall has taken the excat support at fibo fan, and also closed above an important level of 81. Positional traders can take long above 84 for target of 89 in short term. Buy above 84 Tgt 85.5,87 and 89 SL 82 Sell below 81 Tgt 79.7,77.5 and 76 SL 82… Read More »

Nifty Outlook for Sep Series

By | August 29, 2013 7:18 pm

FIIs bought 21533 contracts of Index Future (Booked  profit in 284902 shorts and 102716  longs were squared off ) worth 575 cores with net Open Interest decreasing by 387618 contracts. Today’s rise was backed by short covering and fresh positions will be take tomorrow.It has been an awesome series with profit of 1.89 lakh as per Intraday… Read More »

Ideas to Save Rupee downfall

By | August 29, 2013 12:30 pm

Rupee is trading near 69 and today after RBI intervention came down till 67 today. Below are measures the RBI and govt could consider to protect the rupee: Dollar-window for oil companies: The RBI could open a dollar window for oil companies to buy dollars directly from the central bank instead of buying from markets,… Read More »

Stock Technical Analysis:Cairn,Bata and Maruti

By | August 29, 2013 12:07 am

Cairn India Cairn India has given a breakout out of its trading range, and close above an important level of 322.Holding 322 on closing basis stock can move till 343 odd levels in short term. Buy above 330 Tgt 333,336 and 341 SL 328 Sell below 325 Tgt 322,319 and 314 SL 328 Maruti Suzuki… Read More »