Has Nifty formed short term top, Weekly Analysis

Last week we gave Chopad Levels  of 8806 Nifty did 2 target  on upside. We saw a roller coaster ride in last week with Bulls were on front foot till Thursday and Friday was the day Bears came back strongly, So have we formed short term top or start of new correction. RBI policy next … Read more Has Nifty formed short term top, Weekly Analysis

Should You Stop Telling Traders About Your Trading Strategy?

Will Your Trading Strategy Stop Working If You Tell Other Traders About It? If you browse around trading forums or listen to traders talk you will eventually hear that traders fear that their profitable trading strategy stop working if they talk with too many other traders about it. But do you really have to fear … Read more Should You Stop Telling Traders About Your Trading Strategy?

ACC,BHEL and AL Bank positional trading plan

ACC Any close above 1597 stock is heading to 1631/1652/1686 Intraday traders use below mentioned levels Buy above 1590 Tgt 1597,1620 and 1640 SL 1582 Sell below 1568 Tgt 1548,1535 and 1514 SL 1578   BHEL Any close above 288 stock is heading to 300/322. Intraday traders use below mentioned levels Buy above 288 Tgt … Read more ACC,BHEL and AL Bank positional trading plan

Nifty heading for Monthly breakout, Will Bulls succeed ?

Nifty closed the January series with massive  gain of 778 points, In last 15 years big gains were made in January series in  2012 and 2001  As discussed yesterday  Nifty is took support at its HEMA@ 8861 and bulls made nifty rally in last 45 mins.Monthly and Weekly closing today as seen in below chart … Read more Nifty heading for Monthly breakout, Will Bulls succeed ?

“Patient” Fed’s Other Problem: A Third Of Traders Today Have Never Witnessed A Rate Hike

2014 was “relatively easier,” as the pre-determined pace of tapering had The Fed on auto-pilot last year. However, as WSJ’s Jon Hilsenrath warns, Janet Yellen ’s job is about to get harder. Hinting that The FOMC is likely to remain “patient” in deciding when to start raising short-term interest rates later this year (and markets … Read more “Patient” Fed’s Other Problem: A Third Of Traders Today Have Never Witnessed A Rate Hike

Century,AB Nuvo and HDFC intraday trading plan

Century Textile 555 is trend changer level, closing above 557 stock is heading back to 576. Any close below 555, short term target 540/521. Intraday traders use below mentioned levels Buy above 560.3 Tgt 565,570 and 573 SL 557 Sell below 555 Tgt 550,546 and 540 SL 557   HDFC Intraday traders use below mentioned … Read more Century,AB Nuvo and HDFC intraday trading plan

Nifty January Expiry Analysis

FII’s sold 61.1 K contract of Index Future worth 1300 cores, 69.4 K Long contract were added  by FII’s and 1.3 Lakh  short contracts  were added by FII’s. Net Open Interest increased  by 2 lakh contract ,so FII’s added long and added  majority shorts in index future.So after long time FII’s have shorted index futures in huge … Read more Nifty January Expiry Analysis

Apple Reports Blowout Quarter , Cash Rises To $178 Billion

While the rest of the tech space has been sucking wind so far this quarter, Apple just reported its most blowout, and record, quarter in recent history. Their Q1  numbers are simply stunning and as follows: Sales of $74.6 billion, Est. $67.5 billion EPS of $3.06 billion, Est. $2.60 billion Profit margins of 39.9%, exp. … Read more Apple Reports Blowout Quarter , Cash Rises To $178 Billion