ONGC,NMDC and JSW Steel Harmonic Analysis

ONGC Intraday Traders can use the below mentioned levels Buy above 272 Tgt 274,276 and 279 SL 270 Sell below 269 Tgt 267,263 and 261 SL 271   NMDC Positional/Swing Traders can use the below mentioned levels Any close below 110 Target 102 Intraday Traders can use the below mentioned levels Buy above 111.3 Tgt … Read more ONGC,NMDC and JSW Steel Harmonic Analysis

Nifty breaks 20/100/200 DMA, FII FnO Data Analysis

FII’s sold 65 K contract of Index Future worth 1413 cores ,31.9 K Long contract were squared off  by FII’s and 33 K  short contracts  were added by FII’s. Net Open Interest increased  by 1 K contract, so today’s fall was used by FII’s to enter  shorts and exit longs in index futures . Why Dalal … Read more Nifty breaks 20/100/200 DMA, FII FnO Data Analysis

Why Dalal Street jitter on participatory notes?

Participatory notes are not used within the country. They are used outside India for making investments in shares listed in the Indian stock market Foreign investment in India can broadly be classified into two categories—Foreign direct investment (FDI) and investment made by foreign institutional investors (FIIs). In both of these cases, foreign money enters the … Read more Why Dalal Street jitter on participatory notes?

Glenmark,SRF and JSW Steel Darvas Box trading analysis

Glenmark Intraday Traders can use the below mentioned levels Buy above 1055 Tgt 1065,1075 and 1082 SL 1050 Sell below 1045 Tgt 1040,1035 and 1025 SL 1050   JSW Steel Positional/Swing Traders can use the below mentioned levels Holding 843 Target 872 Intraday Traders can use the below mentioned levels Buy above 852 Tgt 860,865 … Read more Glenmark,SRF and JSW Steel Darvas Box trading analysis

Nifty Weekly Forecast for July Expiry

Last week we gave Chopad Levels  of 8627 , Nifty got stopped out on long side and rewarded chopad followers on downside meeting 2 targets.  Lets analyze how to trade market in coming week as we have many index heavyweight declaring results. Nifty Hourly Chart  Nifty hourly chart with gann box is shown above, breakout … Read more Nifty Weekly Forecast for July Expiry

Jeremy Lin, Role Model for Traders

If you pay attention to NBA basketball — and even if you don’t — you may have heard of the “Linsanity” phenomenon.Jeremy Lin, an Asian-American point guard for the New York Knicks, seemingly exploded out of nowhere in February to have the best NBA debut ever.Lin averaged 27.3 points per game in his first four … Read more Jeremy Lin, Role Model for Traders

Tata Motors DVR,BEL and Bharat Forge MML Analysis

Tata Motors DVR   Positional/Swing Traders can use the below mentioned levels Any close above 256 Target 267/288 Intraday Traders can use the below mentioned levels Buy above 256 Tgt 260,263 and 267 SL 254 Sell below 252 Tgt 248,244 and 238 SL 254   Bharat Forge   Intraday Traders can use the below mentioned … Read more Tata Motors DVR,BEL and Bharat Forge MML Analysis

Nifty forms multiple top, FII FnO Data Analysis

FII’s sold 22.3 K contract of Index Future worth 583 cores ,2.8 K Long contract were squared off  by FII’s and 19.5 K  short contracts  were added by FII’s. Net Open Interest increased  by 16.7 K contract, so today’s fall was used by FII’s to enter  shorts and exit longs in index futures . How $500 … Read more Nifty forms multiple top, FII FnO Data Analysis

How $500 million got Wiped off in four seconds

In early Asian trading hours on Monday, when typically only tens of contracts of gold are traded, investors dumped more than $500 million worth of bullion in New York in four seconds, triggering the market’s biggest rout in years. The sell-off began when one or more massive sell orders hit the price of gold on … Read more How $500 million got Wiped off in four seconds