FII’s sold 5272 contract of Index Future worth 201 cores, 2.2 K Long contract were squared off and 3 K short contracts were added by FII’s. Net Open Interest increased by 856 contract.SO today we have 3 moves after RBI event, First Rise than fall than again rise. SO today moves were based on… Read More »
Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent; keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand… Read More »
DLF 199 should be watched closely in DLF, any close below it stock is heading towards 190 and 178. Buy above 202 Tgt 204.8,208.6 and 212 SL 200 Sell below 197 Tgt 194,190 and 185 SL 200 Cananra Bank 411 needs to be watched for Canara bank, closing above it stock is heading towards 432.… Read More »
FII’s bought 7492 contract of Index Future worth 289 cores, 9.1 K Long contract were added and 1.6 K short contracts were added by FII’s. Net Open Interest increased by 10.8 K contract. We have RBI Policy tomorrow, Nifty today 21 HEMA@7694 and nears 34 HEMA @7715 closing above it on 2 hour basis will confirm… Read More »
Trade Like a Casino: Find Your Edge, Manage Risk, and Win Like the House Any quick drive through Las Vegas makes it pretty clear who is rolling in the money – the Casinos! Why do gamblers keep going back despite losing most of the time? Misplaced hope, fantasies about the big win, promising themselves they… Read More »
Bank Baroda 898 should be watched clsely, any close above it stock is heading towards 932 in short term. Buy above 898 Tgt 910.920 and 932 SL 893 Sell below 890 Tgt 884,875 and 867 SL 893 Petronet Buy above 186 Tgt 188,191 and 195 SL 185 Sell below 182 Tgt 179,176 and 172 SL… Read More »
Last Week we gave Chopad Level of 15306 Bank Nifty did 1 target on upside and 1 target on downside . Lets analyze how to trade Bank Nifty during RBI event. Bank Nifty Hourly Bank Nifty hourly charts is forming a triangle pattern, Sustaing below 15000 will suggests will invite a short term correction till… Read More »
Last Week we gave Chopad level of 7765, Nifty did 2 target on downside rewarding trend follower with 164 points. Lets analyze how to trade Nifty in RBI Week. Nifty Hourly Chart Nifty Hourly charts shows have been trading in a channel, now currently trading near the channel bottom which is around 7540 , any… Read More »
Everyone knows the story of the Tortoise and the Hare, but what you might not know is that it can be a very effective metaphor to describe the differences between winning and losing traders. Like the Hare, you probably experienced a lot of excitement and success right out of the gate, as you began trading… Read More »
FII’s sold 29978 contract of Index Future worth 1145 cores, 24.1 K Long contract were squared off and 5.8 K short contracts were added by FII’s. Net Open Interest decreased by 18.2 K contract. With fall of 127 points FII’s have added few shorts and mostly profit booking in existing long contracts. As discussed yesterday EW… Read More »