Nifty Crashes below 5300 as Rupee hits record low

FIIs sold 20381 contracts of Index Future (Entered fresh shorts in 25388 contracts and fresh longs in  5007 Longs) worth 542 cores with net Open Interest increasing by 30395 contracts. So as per data analysis, FII’s are still entering in fresh shorts  in NF and BNF,I have been cautioning from past 2 days a big downside is … Read more Nifty Crashes below 5300 as Rupee hits record low

How Rupee Fall increase FII’s Loss ?

Nifty has been falling like 9 Pins, Large Caps have turned to Mid Caps, Mid Caps into Small Caps. Retailers are running away from market, But one talk i always hear when i talk to anyone related to market FII’s are manipulating Indian Market and they never lose money. Well let me put some justification … Read more How Rupee Fall increase FII’s Loss ?

Stock Trading Strategies:Axis Bank,JSW Steel and Sesa Goa

Axis Bank Axis bank is approaching its medium term support of  929. Holding the same bounce back can be seen as shown in above chart. Closing below 929 can see axis correcting 898 in short term. Buy above 935 Tgt 945,952 and 968 SL 929 Sell below 924 Tgt 911,898 and 887 SL 929   … Read more Stock Trading Strategies:Axis Bank,JSW Steel and Sesa Goa

Nifty Trading Strategy as per FII Data Analysis

FIIs sold 36045 contracts of Index Future (Entered fresh shorts in 31007 contracts and booked profit in  5038 Longs) worth 963 cores with net Open Interest increasing by 25969 contracts. So as per data analysis, FII’s are still entering in fresh shorts  in NF and BNF,The rally we saw today was backed by short covering and fresh … Read more Nifty Trading Strategy as per FII Data Analysis

Trading Mantra for aspiring traders

Discipline your self: This is what helps one to gain in the market. When the market movements as per your trading setup asks you to enter, book profit or loss just obey it. Do not let your emotion enter here thinking you will beat the market. You can always enter the position later on instead of … Read more Trading Mantra for aspiring traders

Intraday/Positional Calls:Idea,JSPL and PFC

Idea Idea is trading in a perfect up trending channel and is near the trendline support of 155. Holding 155 and trading above 157 gives target of 165,178 in short term. Any close below 154 will see a quick correction till 144. Buy above 157 Tgt 158.5,160,161.5 and 163.2 SL 156 Sell below 155 Tgt … Read more Intraday/Positional Calls:Idea,JSPL and PFC

Bank Nifty Weekly Technical Analysis for August derivatives expiry

Bank Nifty Hourly Bank Nifty on hourly chart  is trading in a perfect down trending channel. close above  of 9846 on hourly basis the relief rally can start else we can going sub 9400 levels. Bank Nifty Daily Bank Nifty is trading at multi year low and has broken each and every support on downside.Technical … Read more Bank Nifty Weekly Technical Analysis for August derivatives expiry

Nifty Weekly Technical Analysis for August derivatives expiry

Next week is likely to be a volatile one on account of derivatives expiry. Rupee and FII flows would set the tone for the market. Q1 GDP data due 30th August would be keenly watched. Last week we gave Trend Deciding level as 5556 Nifty  Nifty achieved all 3 target on downside :).Lets analyze how … Read more Nifty Weekly Technical Analysis for August derivatives expiry

What to do before you want to start trading

Trading  is one of the most exciting and money making profession.As a new trader and hearing the success stories of few people making million in short time  it is tempting to jump in as early as possible head first and seek out those high profits for minimal work.However, the truth is trading has also made … Read more What to do before you want to start trading