BHEL,IndusInd and Ambuja Cement Trading levels

BHEL Buy above 175.7 Tgt 177.7,181 and 185 SL 173.5 Sell below 170.5 Tgt 167,165 and 161 SL 171.5     Indusind Bank Buy above 380.5 Tgt 382.5,386 and 393 SL 378.5 Sell below 375.5 Tgt 372,366 and 362 SL 378.5   Ambuja Cement Ambuja Cement any close above 159 gives short term target of … Read more BHEL,IndusInd and Ambuja Cement Trading levels

Nifty Futures Feb series Overview

FIIs sold 30419 contracts of Index Future worth 889  (98291 Long contracts were squared off and 72871 short contract  were squared off) with net Open Interest decreasing by 25470 contracts, so FII’s squared off both longs and shorts, shorts in morning session and longs in evening session. NF played exactly in our range of 6028-6081 … Read more Nifty Futures Feb series Overview

FII Derivative Analysis for Nifty Jan Expiry

FIIs sold 8899 contracts of Index Future worth 262  (14763 Longs were squared off and 5864 shorts were squared off) with net Open Interest decreasing by 20627 contracts, so FII’s squared off both longs and short in one session before expiry. January expiry will be an explosive one,SGX Nifty is trading down 84 points but … Read more FII Derivative Analysis for Nifty Jan Expiry

SSLT,BPCL and Kotak Trading levels

Sesa Sterlite Buy above 201 Tgt 202.6,205.3 and 208 SL 199.5 Sell below 197.5 Tgt 195.3,193.5 and 191 SL 199 BPCL Buy above 343 Tgt 346,350 and 355 SL 340 Sell below 339 Tgt 336,334 and 330 SL 341   Kotak Bank Buy above 665 Tgt 670,675 and 683 SL 660 Sell  below 657 Tgt … Read more SSLT,BPCL and Kotak Trading levels

RBI turns out to be non event, Nifty trading strategy

FIIs sold 546 contracts of Index Future  (22013 Longs were added and 22559 shorts were added ) with net Open Interest increasing by 44572 contracts, so FII’s added both longs and short in equal number,so mostly we can have formed a panic bottom today.  As discussed yesterday Unable to hold 6130 Nifty can see a swift … Read more RBI turns out to be non event, Nifty trading strategy

Axis Bank, ICICI Bank and HUL trading stratergy

Axis Bank Buy above 1167 Tgt 1178,1188 and 1204 SL 1161 Sell below 1150 Tgt 1137,1131 and 1121 SL 1155   ICICI Bank Buy above 1019 Tgt 1029,1039 and 1050 SL 1010 Sell below 1007 Tgt 998,987 and 977 SL 1011 HUL Buy above 576 Tgt 582,588 and 597 SL 571 Sell below 568 Tgt … Read more Axis Bank, ICICI Bank and HUL trading stratergy

Black Monday on Dalal Street,How to trade NF and BNF on RBI day

FIIs sold 17978 contracts of Index Future  worth 567  cores (2662 Longs were squared   and 15316 shorts were added ) with net Open Interest increasing by 12654 contracts, so FII’s exited partial longs and added aggressive  shorts.For the month of Jan FII has almost 106829 contract of shorts so any good news on RBI front and … Read more Black Monday on Dalal Street,How to trade NF and BNF on RBI day

Nifty Weekly Analysis before RBI Policy

Last Week Chopad Level of 6266 got triggered on Monday and achieved 1 target on upside.In the run up to the FOMC meeting on Jan 30, where QE3 is expected to be tapered by $10billion, global Equity and currency market have turned jittery. Also sharp decline in value of Argentine PESO by ~15% during the … Read more Nifty Weekly Analysis before RBI Policy

Bank Nifty Weekly Analysis before RBI Policy

Bank Nifty Hourly Bank Nifty hourly charts is trading below its 50HSMA,11084 range once crossed and see bulls coming back else its bear power all the way down till 10800-10600 odd levels. Bank Nifty Daily Bank Nifty on daily chart is near its trendline support and also its 200 DMA. Breaking the same Bank nifty … Read more Bank Nifty Weekly Analysis before RBI Policy

WallStreet Movies and S&P 500 :Great Correlation

If you had gotten out of the market when these movies were released, you’d definitely have missed some big moves…to the upside.  Wall Street came out after the crash of ’87 in December 1987, and taking money off the table for the multi-year bull market that followed would have been a big miss.  Boiler Room came out … Read more WallStreet Movies and S&P 500 :Great Correlation