Nifty Weekly Analysis for 05 Nov with key trading levels -I

Next week promises to be action packed week as 5 heavy weight SBI, ONGC, Tata Steel and Coal India comes up with their results.US also goes down for election on Tuesday. Mahurat trading is only 6 trading session away and as seen from past Historical data Nifty tends to give 5-6% move pre or post … Read more

Nifty Weekly Outlook for Week Starting 29 October Part I

Equity markets had a tranquil week as Nifty continue to move in sideways mode,ended the week on a flat note.October  Derivative expiry also was unable to move market out of its slumber state and November Expiry started on profit booking mode but Nifty continue to trade in range of 5635-5725. Next Week Key events are … Read more

Nifty Weekly Outlook for Week Starting 22 October Part I

Nifty made the top at 5815 in September,Flash crash occurred hurting the sentiments and Nifty made a 100 Points range 5635-5725 and since has been oscillating in that range from past 8 trading sessions.The law of moving average always suggests when get heavily loaded on a single side consolidation is the name of game, So … Read more

Nifty Weekly Outlook for Week Starting 08 October

Flash Crash Nifty  has been dramatic and opens a can of worms on how vulnerable are capital markets to human error where a dealer punching a wrong number can lead to a900 point fall in Nifty and a algorithm going berserk can cause a 440Millon $ loss to Knight capital in US (Happened on 22 … Read more

Nifty Weekly Outlook for October 2012

Nifty ended the Q3 with a positive note and a fresh 52 Week high of 5735  but we are entering Q4 with some bad data which came out today. Current Account Deficit came in at 3.9% of GDP against an expectation of 3.3%. Indian Rupee closed at 52.69 almost at 6 month high on sustained … Read more

FII F&O Data analysis for 26 Sep trade in Nifty Future

  1. FII bought 21938  Contracts of Index Future,worth 644.96 cores  with net OI increasing by Huge 96896 contracts. 2. As Nifty Future was up by 1 points and  Open Interest in Index Futures increased by 96896, FII created fresh longs Index Future longs in Nifty and Bank Nifty Futures.Also do note FII are basically … Read more

Nifty Weekly Outlook for September 2012 Expiry

In Bull Market every good news is used by market participants to push market higher and every bad news is met small correction which is used by dip buyers to buy more. When Mamata DIDI took her support off UPA we made a correction of 50 points and when Mulayam told he will give outside … Read more

Nifty Weekly Outlook for Week Beginning 17 September

US FED Ben Bernake has opened another bazooka for Bulls with QE3. Indian Goverment unleashed slew of Reforms from Diesel Price Hike and FDI in Aviation and Multi Brand Retail so the wheels of government has started turning up. Nifty is poised to open with another gap up on Monday as SGX Nifty closed at … Read more

Nifty Weekly Outlook for Week Beginning 10 September

Mario Draghi has opened Bazooka for Bulls with its new Bond buying program Outright Monetary Transactions(OMT). S&P hit 4 year high Nasdaq at 12 years high Gold moved to 1740 $ Euro at 1.28. The Financial market love one world in short term which is Liquidity and as a trader never fight the power of … Read more

Nifty Weekly Chart Analysis for Week Beginning 03 September

GAAR panel draft report came up yesterday and the changes proposed by Shome panel are market friendly. Read the report by clicking on the link. Fed chairman at Jack Holes did not disappointed the market by saying QE 3 on cards but did not announced at Jack’s Hole meeting. Read the Fed speech by clicking … Read more