FIIs bought 99802 contracts of Index Future (bought 80352 long contract and 19450 shorts were squared off) worth 3010 cores with net Open Interest increasing by 60902 contracts.So Fed kept the money flowing to India and FII have again been a net Buyers in Index Futures. Nifty in past 6 days was trading and consolidating above 200… Read More »
The weakest link to any trading strategy is the trader that is suppose to be executing it. It is usually the mental and emotional errors of the trader that cause the 90% of unprofitable traders to lose money. Trading success is determined more by the mindset of the trader than their skills with math, economics,… Read More »
Gold Jumps Most in 15 Months as Fed Refrains From Taper , Gold prices spike after Fed announcement but some controversial facts shows Insider Trading happened in Gold. Some traders were aware of the FOMC news before it was released. Here is the fact: Around 4300 contracts changed hands in the Dec Futures – massively… Read More »
FIIs bought 4685 contracts of Index Future (bought 12283 long contract and 7598 shorts were added ) worth 144 cores with net Open Interest increasing by 19881 contracts. FED REFRAINS FROM QE TAPER which will be bullish for Indian market and Indian rupee. Nifty continued trading in its sideways range of 5800-5950 and closing above its 100… Read More »
Jindal Steel JSPL is over verge of triangle breakout . Any close above 254 gives short term target of 267. Intraday Traders can use the below mentioned levels Buy above 250 Tgt 253,256 and 260 SL 247 Sell below 245 Tgt 241,236 and 230 SL 247 Raymonds Raymonds is trading at upper end… Read More »
FIIs bought 20132 contracts of Index Future (sold just 388 long contract and 20520 shorts were squared off) worth 592cores with net Open Interest decreasing by 20908 contracts. SO FII’s today were on short covering spree and in series net on net they have covered most of shorts still holding significant amount of long contracts. As discussed… Read More »
If you want to trade in Stocks/Commodity/Forex you need to know what you’re getting into. Trading is not for gamblers but for professionals.For many novice traders trading looks easy but after few trades harsh reality of trading comes out. To make your job easy i am discussing few important question you need to ask yourself… Read More »
Bank of Baroda Bank of Baroda is respecting its Fibo fan levels and also closed below an important Gann number of 555.Bullish move above 555 for target of 576 and 589. Positional Shorts should be initiated below 520 for target of 500 and 476. Intraday Traders can use the below mentioned levels Buy above 539… Read More »
FIIs sold 664 contracts of Index Future (Bought 5011 long contract and 5675 shorts were added) worth 46 cores with net Open Interest increasing by 10686 contracts. SO FII’s are doing Intraday trading in market and enjoying the market volatility. As 2 major news based event in coming 2 days so less commitment to overnight positions. Nifty… Read More »
In Our last analysis, Has Indian Rupee made Short term Top, Weekly Analysis Rupee made the top and started correcting achieved our last target of 64.4. Lets analyze where is Rupee heading in coming week we have crucial event as Fed Tapering and RBI Policy. USD INR Hourly USD INR Hourly charts have pulled back… Read More »