Monthly Archives: August 2013

Bank Nifty Weekly Forecast

By | August 11, 2013 9:36 pm

RBI maintained “Status Quo” in the RBI policy, Weekly Trend Deciding level of 10105 achieved the second target on downside   Cool 355 Points pocked by positional traders during the week  :). Lets see how Bank Nifty Technical are shaping out and are we seeing a relief rally chances? Bank Nifty Hourly Bank Nifty on hourly… Read More »

FII FnO Data Analysis

By | August 10, 2013 9:37 pm

FIIs bought 14727 contracts of Index Future (Book profits in 4998 Contracts of shorts and 9729  longs were sold) worth 392 cores with net Open Interest increasing by 4731 contracts. So as per data analysis, FII are entering in Long in NF and BNF and booking profit shorts in NF and Bank NF. Chart Patterns… Read More »

Chart Patterns for Technical Traders

By | August 10, 2013 11:25 am

In Continuation of last week post on Reversal Candlestick Pattern for traders In this article we will focus on few important chart patterns,which will help you in making better trading decisions. Bearish Head and Shoulders Pattern The head and shoulders is probably the most popular pattern used by technical traders. It is easy to spot… Read More »

Cost of Carry formula and interpretation

By | August 9, 2013 11:07 am

A future Contract is an agreement between two parties to BUY or SELL an underlying asset, including stocks, indices,commoditities or currency, at a certain time in the future at a certain price. Futures contracts are standardized and are traded on the exchange. To facilitate liquidity in futures contracts, the exchange defines certain standard specifications for … Read More »

Nifty bounce back from 5487,FII FnO Analysis

By | August 7, 2013 10:08 pm

FIIs sold 18656 contracts of Index Future (Book profits in 7998 Contracts of shorts and 26654  longs were sold) worth 535 cores with net Open Interest decreasing by 34652 contracts. So as per data analysis, FII are still exiting longs and booking profit shorts in NF and Bank NF.FII’s were doing more of intraday trading… Read More »

All about new RBI Governor Raghuram Rajan

By | August 7, 2013 9:52 am

Raghuram Rajan is appointed as the Reserve Bank of India Governor for a three year term, successor to Dr. Subbarao whose term ends on September 4th. Mr. Rajan expected to balance out Central Bank and Government objectives amidst tricky fundamentals Mr. Rajan recent statements and views: . The RBI and Government are on the same… Read More »