Infosys,HCL Tech and Hindalco intraday trading levels

Infosys Buy above 3100 Tgt 3120,3146 and 3181 SL 3085 Sell below 3080 Tgt 3060,3030 and 3000 SL 3090     HCL Tech Buy above 1400 Tgt 1412,1435 and 1460 SL 1386 Sell below 1370 Tgt 1350,1332 and 1310 SL 1386   Hindalco Buy above 148.7 Tgt 151,153.5 and 157 SL 147 Sell below 144 … Read more Infosys,HCL Tech and Hindalco intraday trading levels

Nifty sees panic decline,FII data analysis

FII’s bought 8609 contract of Index Futures worth 334 cores (1.9 K  longs were added and  6.6 K shorts were squared off in Index Future) with net OI decreasing by 4.6  K contracts.FII’s used the dip in nifty today to exit all shorts. Nifty again surprised the market participants with a quick rise in morning … Read more Nifty sees panic decline,FII data analysis

Quotes From – Market Wizard Victor Sperandeo

“I think successful trading, or poker playing for that matter, involves speculating rather than gambling. Successful speculation implies taking risks when the odds are in your favor. Just like in poker, where you have to know which hands to bet on, in trading you have to know when the odds are in your favor.” – … Read more Quotes From – Market Wizard Victor Sperandeo

Nifty Weekly Analysis for May Expiry

Last Week we gave Chopad level of 6873, Nifty did 1 target on upside and 1 target on downside .Lets analyze how to trade Nifty before Modiji PM swearing ceremony and expiry week. Nifty Hourly Chart Nifty Hourly charts has given a breakout above 7320 and now heading towards 7414 and 7500. Nifty Elliot Wave … Read more Nifty Weekly Analysis for May Expiry

Bank Nifty Weekly Analysis for May Expiry

Bank Nifty will be on traders radar next week, with announcement of new FM, Bank Nifty will likely to see a good trending move. Bank Nifty Hourly Bank Nifty hourly charts is poised for a breakout above 15320 for a traget of 15750. Bank Nifty Daily Elliot Wave Analysis Bank Nifty on daily chart as … Read more Bank Nifty Weekly Analysis for May Expiry

Prof. Shivanand Mankekar, The Genius Stock Picker

Prof. Shivanand Shankar Mankekar has always been a believer in the merits of a concentrated portfolio with only a few high conviction stocks in it. However, this time he has outdone himself with 70+% of his net worth in a single stock. When you study the portfolio of Prof. Mankekar, his wife Laxmi Shivanand Mankekar, … Read more Prof. Shivanand Mankekar, The Genius Stock Picker

FII Data Analysis for 22 May

FII’s bought 10707 contract of Index Futures worth 394 cores (12.4 K  longs were added and  1.7 K shorts were added in Index Future) with net OI increasing by 14.1  K contracts.FII’s are going long in Index Futures. Nifty Hourly chart has formed a pennant pattern which suggests a breakout/breakdown is round the corner. As … Read more FII Data Analysis for 22 May