Greece Deal Reached Gets 4 month extension

Eurogroup statement on Greece   The Eurogroup reiterates its appreciation for the remarkable adjustment efforts undertaken by Greece and the Greek people over the last years. During the last few weeks, we have, together with the institutions, engaged in an intensive and constructive dialogue with the new Greek authorities and reached common ground today.   … Read more Greece Deal Reached Gets 4 month extension

Bulls and Bears fighting in 100 points range, who will win ?

FII’s sold 23.7 K contract of Index Future worth 641 cores, 16.5 K Long contract were squared off FII’s and 7.2 K  short contracts  were added  by FII’s. Net Open Interest decreased  by 9.2 K contract ,so FII’s squared off long  and added shorts in Index Futures in volatile session of trade. Nifty closed in red after  … Read more Bulls and Bears fighting in 100 points range, who will win ?

Federal Bank,HZL and Rel Cap Harmonic trading pattern analysis

Federal Bank Any close above 137 stock is heading to 141/144. Intraday Traders can use the below mentioned levels Buy above 137 Tgt 138.4,140.2 and 142 SL 135 Sell below 135 Tgt 133.3,131 and 129 SL 136.7     Reliance Capital Any close above 466 stock is heading to 500/521. Intraday Traders can use the … Read more Federal Bank,HZL and Rel Cap Harmonic trading pattern analysis

Nifty closed above Hourly trendline resistance, Whats next

FII’s sold 24.6 K contract of Index Future worth 503 cores, 24.7 K Long contract were squared off FII’s and 170  short contracts  were squared off by FII’s. Net Open Interest decreased  by 24.1 K contract ,so FII’s squared off long  and shorts in Index Futures in volatile session of trade. Nifty rose for 7 day in … Read more Nifty closed above Hourly trendline resistance, Whats next

Which Trading Style suits you:Day or Swing Trading

There is a wide variety of styles when it comes to trading; however the two most popular styles for future traders are day trading and swing trading. Lets understand the differences between the styles so you can find the best one to fits your trading style, risk tolerance and trading goals. Every trader is completely … Read more Which Trading Style suits you:Day or Swing Trading

Voltas,Hindalco and Rel Infra short term technical analysis

Voltas Any close above 254 stock is heading to 267. Intraday traders use below mentioned levels Buy above 251 Tgt 254,257 and 262 SL 249.5 Sell below 249 Tgt 246,242 and 238 SL 250.5   Hindalco Any close above 152 stock is heading to 157. Intraday traders use below mentioned levels Buy above 151.5 Tgt … Read more Voltas,Hindalco and Rel Infra short term technical analysis