As per readers request discussing the USD INR technical analysis and Intraday trading levels. USD INR 4 Hour Chart USD INR 4 hour chart is trading in a perfect symmetrical triangle , volatility has almost died signalling the advent of big move in round the corner. USD INR Daily Chart Breakout on daily… Read More »
For the reference of readers i have made the performance sheet for the Month of March Expiry, can be accessed from http://tradingsystemperformance.blogspot.in/ . Calculation are based on trading with 1 lot of Stock Futures Rs 100 is deducted as Brokerage and Taxes DLF DLF share we analyzed on 25 March stating bottom should be made… Read More »
FIIs sold 14600 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 417 cores with net Open Interest increasing by 6960 contracts. Risk Management Rule for Traders Nifty kick started the financial year on a positive note managing to close above the 5700 mark. NS closed at 5704 after making high of… Read More »
Reliance Reliance share has broken its medium term trendline and stock gave waterfall decline 823 to 764 in 3 trading sessions. Stock has come near its demand zone of 764 and bounced back sharply in last trading session.Stock is also trading below its 200 DMA which gives bearish indication for short term. Sell below 771… Read More »