FII’s bought 3667 contract of Index Futures worth 120 cores (6.7 K longs were added and 3 K shorts were added Index Future) with net OI increasing by 9.8K contracts. So today’s rise was backed by short covering. Nifty after dipping till 6650 bounced back fiercely today and made a new life high at 6808. Today… Read More »
SBI Buy above 1932 Tgt 1942,1959 and 1974 SL 1922 Sell below 1914 Tgt 1905,1890 and 1875 SL 1922 Sesa Stelite Buy above 195.2 Tgt 196.5,198 and 202 SL 194.4 Sell below 193 Tgt 191.187 and 185 SL 194.4 Exide Buy above 125.5 Tgt 126,127.4 and 129 SL 124.4 Sell below 123.5 Tgt 122.4,120.4… Read More »
FII’s bought 2822 contract of Index Futures worth 98 cores (5.2 K longs were added and 2.4 K shorts were added Index Future) with net OI increasing by 7700 contracts. Nifty has broken the up trending channel and resisted on Monday’s session.Nifty continued to form lower low formation. Nifty formed DOJI candle suggesting confusion is market… Read More »
Something unique has become evident in India over the past 3-4 years. We have a spectre the mantle of pushing stumbling blocks in front of an on-coming train hitherto entrusted to Babus has now been pushed into the hands of judiciary, election commission and para bureaucratic services like the CAG. So it is not incredible… Read More »
We take a look at fifteen major aspects of the manifesto and measures that BJP has proposed: 1) Price rise: BJP proposes to lower inflation by taking steps such as; special Courts to stop hoarding and black marketing, setting up a Price Stabilisation Fund, evolving a single ‘National Agriculture Market, leveraging on technology to disseminate… Read More »
SBIN Buy above 1905 Tgt 1920,1937 and 1960 SL 1894 Sell below 1892 Tgt 1877,1855 and 1835 SK 1902 HDFC Positional traders should look for close above 898 for short term target of 930, Any close below 890 stock is heading towards 843. Buy above 897 Tgt 901,907 and 911 SL 895 Sell below… Read More »
Last Week we gave Chopad level of 12790 and Bank Nifty did 2 target on downside. Lets analyze how to trade bank nifty coming week. Bank Nifty Hourly Bank Nifty hourly charts unable to cross 50 HSMA will remain under pressure. Bulls will have life only above 12900, till than bears will keep ruling bank… Read More »
Next week seems to be full of events which will be led by first phase of Lok sabha elections which begins on Monday , followed by IIP and inflation data and beginning of the results season with Infosys declaring its results on Friday. Recent Opinion Polls have predicted NDA coming to power, and stable government… Read More »
While some traders are more likely to fall victim to greed (“How much could I make?!”), others have experienced loss in the market to the point where all they can see is the fear and anxiety (“How much could I lose?” or “How much could the market take away from me?”). Let’s look at some… Read More »
The Indian market is more expensive than its peers among emerging countries, with indices tracking these nations showing a lower multiple of earnings than India. The Morgan Stanley Capital International (MSCI) India index is trading at a price-to-earnings multiple (or P/E) of 17.72, according to Bloomberg data. This means that investors are valuing it at nearly 18… Read More »