FII FnO data Analysis for 29 April

FII’s sold 6691 contract of Index Futures worth 237 cores (725 longs were added  and 7.7 K shorts were added for  Index Future) with net OI increasing by 8.4 K contracts. So today’s FII’s continue adding shorts in Index Futures. Nifty is entering the demand zone, with hourly charts entering oversold so if 6740-6745 is held … Read more

Nifty Weekly Elliot,Gann and Fibo analysis

Last Week we gave Chopad level of 6790, Nifty did 1 target on upside . Next week Thursday is a Holiday. Lets analyze how to trade Nifty for next 4 trading sessions. Nifty Hourly Chart   Nifty Hourly charts has trading near  its 50 HDMA, 6747-6743  will play an important role in coming week,taking support … Read more

Stock market movement prior and after Lok Sabha election

In our last post Nifty reaction to Lok Sabha election results we had a discussion on various scenarios which are possible. Lets discuss who can an “Investor” also use the Lok Sabha election event to rejig portfolio. In an election year, equities usually go up in the run-up to elections, and Market will always give Thumb … Read more