Last Week we gave the Weekly Trend Deciding level as 6207 Sensex Nifty for whole 5 days failed to close above 6207 and did 1 target on downside is quiet range bound week of recent times . Nifty has formed 4 DOJI candlestick pattern in last 5 session suggesting an confusion in market participants and… Read More »
FIIs sold 8509 contracts of Index Future (bought 768 long contract and 9277 shorts were entered ) worth 255 cores with net Open Interest increasing by 10045 contracts.So FII’s have slowly started entering shorts in Index Futures on more aggressive basis and one day before the crucial RBI event. Nifty after forming a gravestone DOJI formation yesterday… Read More »
“Correction” is a term that gets used increasingly loosely in stock market talk, to where it’s becoming applied to every 2 percent or 3 percent selloff that happens these days. Truth is, though, the stock market hasn’t had a real correction-a drop between 10 percent and 20 percent-in more than two years. That’s been 516… Read More »
ITC ITC has also formed a gravestone DOJI formation,Any close below 340 gives short term target of 331 and 322. Buy above 344 Tgt 347,351 and 355 SL 342 Sell below 339 Tgt 335,331 and 322 SL 342 ICICI Bank Buy above 1028 Tgt 1041,1048 and 1062 SL 1021 Sell below 1020… Read More »
FIIs sold 2302 contracts of Index Future (bought 5817 long contract and 8119 shorts were entered ) worth 68 cores with net Open Interest increasing by 13936contracts.So FII’s have slowly started entering shorts in Index Futures.IN our yesterday Option analysis FII have taken long in PE and today even though we saw a 52 Week High on… Read More »
Kotak Bank Kotak Bank has formed 2 DOJI and Inside day pattern signalling an explosive move is round the corner. Buy above 712 Tgt 717,723 and 731 SL 705 Sell below 704 Tgt 699,690 and 680 SL 711 Idea Idea is trading in its up trending channel and took support at… Read More »
FIIs sold 689 contracts of Index Future (bought 6161 long contract and 6580 shorts were entered ) worth 25 cores with net Open Interest increasing by 13011 contracts.So FII’s have slowly started entering shorts in Index Futures.IN our last 2 days Option analysis we have clearly mentioned FII’s are using rise to exit the market and today… Read More »
The day the trader stops blaming the markets, politicians, or ‘They’ and ‘Them’ for losses and starts taking responsibility for their own trading could be the day that they begin to change from losing money to making money. In the end the market is like the ocean and we are the surfer, we choose… Read More »
Raymond Raymond formed Bullish engulfing pattern and near its 200 DMA. Buy above 276 TGt 279,284,288 and 293 SL 274 Sell below 269 Tgt 265,259 and 255 SL 272 Reliance Capital Closed above its 200 DMA. Buy above 373 Tgt 375,380 and 387 SL 370 Sell below 366 Tgt 363,356 and 349 SL 370… Read More »
FIIs bought 3026 contracts of Index Future (bought 8666 long contract and 5640 shorts were entered ) worth 110 cores with net Open Interest increasing by 14306 contracts.So FII’s have slowly started entering shorts in Index Futures. Nifty today closed at 6203 and Nifty has formed a DOJI candlestick signalling a pause in current uptrend. Nifty was… Read More »