Dow Futures Down 2500 From Highs Dow futures are now well below the 16,000 level – down a stunning 2500 points from the May highs. The Dow has given up all its gain since December 2013… Nasdaq was the first to be halted at 0758ET. The Dow is now down 850 points from… Read More »
The BSE Sensex plunged over 1800 points and Nifty declined over 501 points one of the largest decline in past 5 years .Let me put the reason from both Technical and Fundamental Perceptive 1. Fundamental Yuan Devaluation Asian stocks dived to 3-year lows on Monday as a rout in Chinese equities gathered pace, hastening… Read More »
Asian Market Crashing between 2-8% Hardest hit to Taiwan Index SGX trading down 200 Points @http://sgxrtchart.blogspot.in/ Shanghai Composite crashing, now down 7% Update 2: Shanghai Composite crashing, now down 7% SHANGHAI COMPOSITE INDEX ERASES YEAR’S GAINS
Asian Paints Positional/Swing Traders can use the below mentioned levels Close above 898 target 932/953 Intraday Traders can use the below mentioned levels Buy above 881 Tgt 888,898 and 910 SL 875 Sell below 864 Tgt 858,853 and 840 SL 868 Bata India Positional/Swing Traders can use the below mentioned levels Close above 1131… Read More »
FII’s sold 104 K contract of Index Future worth 2416 cores ,33.9 K Long contract were squared off by FII’s and 70.5 K short contracts were added by FII’s. Net Open Interest increased by 36.6K contract, so today’s fall in market was used by FII’s to exit long and enter shorts in index futures .Want to… Read More »
Last week we gave the Chopad level of 18770 Bank Nifty did 1 target on upside and 3 target on downside rewarding disciplined chopad followers. Lets analyze how to trade market in coming week . Bank Nifty Hourly Bank Nifty as per EW analysis 17500/17600 should be seen in coming week. Bank Nifty Pyrapoint Indicator… Read More »
Last week we gave Chopad Levels of 8546 , Nifty did 3 target on downside rewarding chopad followers. Lets analyze how to trade market in coming week. Nifty Hourly EW Chart Nifty hourly chart as per EW analysis should compelte abc correction in range of 8173/8195 and next price action to be seen around these… Read More »
A Look at the Broader Market’s Internals We have previously discussed the stock market’s deteriorating internals, and in light of recent market weakness want to take a brief look at the broader market in the form if the NYSE Index (NYA). First it has to be noted that a majority of the stocks in the… Read More »
The S&P 500 index has broken below the crucial psychological 2,000 level for the first time since late January. This is the biggest collapse in stocks since June 2013 (bigger than October’s plunge – which was only rescued by Bullard’s threat of QE4). What is perhaps most worrisome for the trend-followers – the S&P is… Read More »
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