S&P CNX Nifty Trading Strategy before crucial Gujarat Election Results

1. FIIs  sold 5588 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 166.47 cores with net Open Interest increasing by 5562 contracts. 2. As CNX Nifty Future was up by 18 points with Open Interest in Index Futures increasing by 5562, so FIIs have created longs  in  Nifty and Bank Nifty … 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

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 Technical Analysis for Week Beginning 30 July

July expiry closed with a loss of 106 points to June and August series started with a bang with Nifty making a high of 5149 but selling off in later half of session.Macro concerns regarding health of Indian economy and huge sell off in mid caps following margin funding problem lead to deterioration of sentiments. … Read more

FII Derivative Data Analysis for 17 July trade in Nifty Future

  Inflation cooled  to 7.25% which is welcome news for market as it raises the Hope for RBI to cut rates.From Macro perceptive  Monsoon is current overhang for the market, any shortfall in rains can again see the food prices spiraling ahead and putting weight on inflation. 1. FII  bought 1258  Contracts of NF ,worth … Read more