SBI,Yes Bank and Crompton Greaves Technical study

SBIN SBI has been forming multiple bottom near 1597 and upper trading range is getting reduced,signalling explosive move round the corner. Buy above 1665 Tgt 1675,1690 and 1710 SL 1660 Sell below 1649 Tgt 1636,1610 and 1597 SL 1660   Crompton Greaves Crompton Greaves has formed a bullish engulfing pattern and is trading near the … Read more

Nifty rallies and close above 200 DMA, FII F&O analysis

FIIs bought 8423 contracts of Index Future (bought 8090 long contract and just 333 shorts were covered ) worth 233 cores with net Open Interest increasing by 7757 contracts.FII’s have added just 8090 longs and nifty rallying 130 points they have covered only 333 contracts still holding 25K short contracts for this series, so we are not … Read more

How US government shutdown is affecting citizens

Science was put on hold, normally bustling stores went quiet and families depending on government aid feared losing their baby food as a government shutdown rippled across the country. The budget impasse in Washington shut all but essential U.S. government services for the second straight day on Wednesday, while neither political party appeared willing to … Read more

Ingredient to become great trader

I receive many mails stating “Bramesh Sir, The performance sheet you give for Intraday and Positional trades do not match with our trading sheet, Sometimes our profit are less than your sheet but overall we are in profit.” I totally agree with the fellow reader that performance will change from trader to trader. It depends … Read more

Nifty Holds 50 DMA ,FII’s Derivative analysis

FIIs sold 12233 contracts of Index Future (sold 13969 long contract and  1736 shorts were added ) worth 353 cores with net Open Interest decreasing by 15705 contracts.FII’s have shorted Index Futures again but in small quantity and also keep booking profit in long contract.Stocks Market will remain close tomorrow on account on Gandhi Jayanthi Nifty is … Read more

Lupin,Rel Infra and Ranbaxy Technical Analysis

Lupin Lupin formed a gravestone doji pattern within a symmetrical triangle formation and looks ripe for a explosive move. Buy above 859 Tgt 867,875 and 886 SL 855 Sell below 852 Tgt 847,840 and 833 SL 855 Rel Infra Reliance Infra after falling yesterday is approaching its support of 100 DMA,Holding 369 stock will bounce … Read more