Monthly Archives: February 2014

Bank Nifty Weekly Forecast for Expiry Week

By | February 23, 2014 10:11 pm

Last Weekly we gave Chopad level Bank Nifty 10221 and achieved 2 target  upside.  Bank Nifty Hourly Bank Nifty hourly charts is trading above  its 200HSMA@10485 ,Closing above 10630bounceback can be seen till 10800-10900. Bank Nifty Daily Bank Nifty on daily chart is near its trendline support with contraction in trading rang .Breakout comes above… Read More »

The importance of doing “No Trade”

By | February 21, 2014 5:57 pm

Australian cricketer-turned-commentator Dean Jones, in an interview for Wisden, observed that two-thirds of Sachin Tendulkar’s game is based around defence. Most of the shots in any Sachin century, he says, are based on forward defence, back-foot defence and letting the ball go. As any coach would vouch, letting the ball go is possibly as important… Read More »

Nifty cloese above 100 DMA, How to trade on 20 Feb

By | February 20, 2014 12:02 am

FIIs bought 5796 contracts of Index Future worth 181.5 (1561 Long contracts were added and 4235 short contract  were squared off ) with net Open Interest decreasing by 2674 contracts, so FII’s added longs  in index future and shorts were again squared off today. Market always rise on wall of worry, I have discussed in weekly analysis… Read More »

Nifty near 100 DMA, trading strategy for 19 Feb

By | February 18, 2014 10:54 pm

FIIs bought 20711 contracts of Index Future worth 625 (10517 Long contracts were added and 10194 short contract  were squared off ) with net Open Interest increasing by 323 contracts, so FII’s added longs (highest in Feb series)  in index future and shorts were again squared off today. Nifty has retraced the fall of Thursday in 3… Read More »