Monthly Archives: May 2014

Nifty Weekly Forecast for RBI Policy week

By | May 31, 2014

Last Week we gave Chopad level of 7376, Nifty did 2 target on upside and 3 target on downside .Outcome of RBI’s monetary policy review to dictate trend.Lets analyze how to trade Nifty before Modiji PM swearing ceremony and expiry week. Nifty Hourly Chart Nifty Hourly charts will given a breakdown  above 7193 and now… Read More »

Is Trading the most difficult profession ?

By | May 28, 2014

In this cutthroat world we live in, we often follow the motto, “The ends justify the means.” Blind ambition, self-sacrifice, and extreme self-control are valued. If you can work tirelessly, wait long enough, and quickly recover from endless setbacks, you’ll be one of the select few who survive and reap the rewards. It’s true in… Read More »

Nifty forming triangle, FII data Analysis

By | May 27, 2014

FII’s bought 187 contract of Index Futures worth 15 cores (2.1 K  longs were added and  1.9 K shorts were added in Index Future) with net OI increasing by 4.1  K contracts.FII’s playing for range bound moves till expiry. Nifty is forming a triangle on daily charts, height of triangle comes at 434 points. Now… Read More »