HDFC,Union Bank and Adani 3 Drives Harmonic Pattern Analysis

HDFC Any close below 1364 stock is heading to 1330/1310. Intraday Traders can use the below mentioned levels Buy above 1376 Tgt 1380,1385 and 1394 SL 1372 Sell below 1364 Tgt 1357,1348 and 1340 SL 1368   Adani Any close below 699 stock is heading to 665. Intraday Traders can use the below mentioned levels … Read more HDFC,Union Bank and Adani 3 Drives Harmonic Pattern Analysis

Bulls and Bears both thank Raghuram Rajan,FII FnO Data Analysis

FII’s sold 8.8  K contract of Index Future worth 3 cores, 1.3 K Long contract were squared off by FII’s and 7.5  K  short contracts  were added by FII’s. Net Open Interest increased  by 6.1 K contract. Nifty made a new All time High today @9119 after RBI cuts rates by 25 bps to 7.5% from 7.75%  … Read more Bulls and Bears both thank Raghuram Rajan,FII FnO Data Analysis

RBI cuts rates by 25 bps to 7.5% from 7.75%

It may be recalled that in its statement on monetary policy of January 15, 2015 the Reserve Bank reduced the policy repo rate by 25 basis points and indicated that ““Key to further easing are data that confirm continuing disinflationary pressures. Also critical would be sustained high quality fiscal consolidation…”.While maintaining the interest rate stance … Read more RBI cuts rates by 25 bps to 7.5% from 7.75%

Nifty trades above 9000 for first time, FII FnO Data Analysis

FII’s bought49.4  K contract of Index Future worth 1185 cores, 52.4 K Long contract were added by FII’s and 3  K  short contracts  were added by FII’s. Net Open Interest increased  by 55.4 K contract. Nifty made a new All time High today @9008 took 100 session to achieve this feat. Below is the compiled list of … Read more Nifty trades above 9000 for first time, FII FnO Data Analysis