Maruti Buy above 1889 Tgt 1899,1917 and 1928 SL 1881 Sell below 1878 Tgt 1870,1860 and 1845 SL 1882 Larsen Buy above 1300 Tgt 1309,1320 and 1333 SL 1296 Sell below 1295 Tgt 1285,1275 and 1261 SL 1299 IRB Buy above 125 Tgt 127,130 and 135 SL 124 Sell below 123 Tgt… Read More »
FII’s sold 15239 contract of Index Futures worth 511 cores (2.5 K longs were added and 17.8 K shorts were added in Index Future) with net OI increasing by 20.4 K contracts.FII’s going aggressive short in Index Futures. As discussed in previous analysis we were expecting a 80-100 points move but has its mind of own… Read More »
FII’s sold 13139 contract of Index Futures worth 444 cores (10.1 K longs were squared off and 3 K shorts were added in Index Future) with net OI decreasing by 7 K contracts. Nifty closed below its 20 DMA for 5 day in row which is bearish in short term, but momentum is missing on downside… Read More »
Every day, hundreds of pilgrims from different parts of the country visit the confluence of the Ganga and Yamuna, the sangam, in Allahabad to take a dip. The nishads (boatmen) row them to the sangam and listen to their chatter, which includes their voting preferences during elections. I have been visiting the sangam as a… Read More »
Apollo Tyre Any close above 165 stock is heading towards 178. Buy above 165.2 Tgt 167.2,170 and 172 SL 164 Sell below 163 Tgt 160,157 and 155 SL 165 REC Any close above 246 stock is heading to 254 in short term. Buy above 246 Tgt 249,254 and 260 SL 244 Sell below 243… Read More »
FII’s bought 2668 contract of Index Futures worth 86 cores (5.7 K longs were added and 3 K shorts were added in Index Future) with net OI increasing by 2.6 K contracts. So today’s FII’s first time in the series added substantial amount of longs in index futures. Nifty closed below its 20 DMA for 4… Read More »
Lupin 1008 needs to be closely watched for lupin, Any close above it stock is heading towards 1021 and 1042. Buy above 1011 Tgt 1021,1030 and 1042 SL 1006 Sell below 1004 Tgt 996,987 and 974 SL 1008 Auropharma 610 needs to be watched closely for auro pharma,Any close above it stock is heading towards… Read More »
Last Week we gave Chopad level of 6790, Nifty did 2 target on downside . Lets analyze how to trade Nifty for 1 week before the exit polls results Nifty Hourly Chart Nifty Hourly charts took exact support at 200 HSMA, Holding the same bounceback till 50HSMA can be seen. Nifty Elliot Wave Analysis… Read More »
Lets analyze Nifty future move for May month using Harmonic pattern using AB=CD and Crab Pattern. Nifty Harmonic pattern The Harmonic pattern bearish AB = CD formation AB leg is from 5118 to 6415 took 16 Weeks to form with a rally of 1313 points. BC leg is from 6415 to 5933 (which is… Read More »
ONGC Buy above 326 Tgt 330,333 and 336 SL 324.3 Sell below 322 Tgt 319,316 and 312 SL 324.5 HDFC Buy above 905 Tgt 911,919 and 925 SL 900 Sell below 895 Tgt 889,881 and 874 SL 900 PFC Buy above 185 Tgt 187.5,191 and 194 SL 183.5 Sell below 182 Tgt… Read More »