Nifty Technical outlook for 03 Sep

FIIs sold 1065 contracts of Index Future (Entered long in fresh 1519 Contracts and  2584 fresh shorts were added) worth 18 cores with net Open Interest increasing by 4103 contracts. Today’s rise also FII are entering shorts at higher levels but only in small quantity. Nifty has taken support at last fibo fan support as discussed and … Read more Nifty Technical outlook for 03 Sep

Has Indian Rupee made Short term Top, Weekly Analysis

USD INR Hourly USD INR Hourly charts have pulled back from Fibo Channel and heading towards the support of 65. Holding the same bounce back can be expected. towards recent high again where it might form a double top and start its bearish journey. USD INR Daily USD INR chart  As par Gann Fann INR … Read more Has Indian Rupee made Short term Top, Weekly Analysis

Stock Technical Analysis:Ranbaxy,Bajaj Auto and HUL

Ranbaxy Ranbaxy is taking resistance at upper end of fibo fan Bullish only above 432 for tgt of 466 in short term,Close below 410 will be bearish giving short term target of 377. Buy above 410 Tgt 418,426 and 432 SL 407 Sell below 404 Tgt 400,396 and 385 SL 407     Bajaj Auto … Read more Stock Technical Analysis:Ranbaxy,Bajaj Auto and HUL

Bank Nifty Weekly Outlook for 2-6 Sep trading

Last Week we gave the Trend Deciding level as 9456 and Bank Nifty achieved all target on downside Cool 650 points on downside.Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty on hourly chart is finding resistance at 50 HSMA,Close above the 50 HSMA@ 9066 on hourly basis will … Read more Bank Nifty Weekly Outlook for 2-6 Sep trading

Nifty Weekly Outlook for 2-6 Sep trading

Last Week was the most volatile week in recent trading history with Nifty swinging wildly in range of 750 points and ending the week on flat note. Nifty was falling Against the backdrop of a falling rupee, FII selling and the passage of food security bill in the Parliament accentuated the selling pressure. GDP growth dived … Read more Nifty Weekly Outlook for 2-6 Sep trading