Nifty bounce after RBI event, Is the rally sustainable ?

  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 Nifty bounce after RBI event, Is the rally sustainable ?

Third Bi-Monthly Monetary Policy Statement, 2014-15

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 Third Bi-Monthly Monetary Policy Statement, 2014-15

Nifty Technical Analysis before RBI event

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 Nifty Technical Analysis before RBI event

Nifty Weekly Analysis for RBI Policy

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 Nifty Weekly Analysis for RBI Policy

The Tortoise vs. The Hare – A Trading Metaphor

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 The Tortoise vs. The Hare – A Trading Metaphor

Nifty gets global jitters,FII Data Analysis

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 Nifty gets global jitters,FII Data Analysis