BANK NIFTY FUTURE ANALYSIS: Huge open interest build up in bank nifty futures in April series indicating that its ready for fresh highs. BANK NIFTY OPTION CHAIN ANALYSIS: Highest open interest in call options is at 21500 strike and highest open positions in put options is at 21000 strike which is providing significant support. Technically speaking its
Read MoreTCS HAS FORMED A BULLISH GARTLEY FORMATION ON SHORT TERM CHARTS. BUY AT 2470 WITH STOP LOSS AT 2450 FOR THE TARGETS OF 2500 AND THEN 2535.
Read MoreSWING TRADING IDEAS FOR SHORT TERM TRADERS: TataSteel is forming third wave formation when its break below 492 n today’s session. Sell TataSteel at bounce around 490-492 with strict stop loss at 500 for the targets of 480 and if breaks below 480 then 470 looks possible on the charts. Sell Hindalco Industries at around
Read MoreASIAN PAINTS HAS GIVEN A BREAKOUT ABOVE 1020 LEVELS AND MAINTAINED OVER THERE ABOVE ITS NECK LINE AND ALSO ITS IN A RISING MODE . SO BUY AT CMP WITH A STOP LOSS AT 990 CLOSING BASIS FOR THE TARGETS OF 1080.HER IS THE SNAPSHOT:
Read MoreBUY AMBUJA CEMENTS AT CMP AROUND 227-28 WITH STOP LOSS AT 223 FOR THE TARGETS OF 233-238-242. STOCK IS IN ITS FIFTH WAVE FORMATION.
Read MoreWockpharma has given a breakout above 725 level with volumes building up and significant price move. So buy withstop loss at 690 closing basis for the targets of minimum 790.
Read MoreLOTS OF IF AND BUTS GOING ON IN THE MEDIA AND FOR POLITICAL PARTIES TODAYS NIGHT IS GOING TO BE LIKE A NIGHTMARE FOR SOME OF THE POLITICAL PARTICIPANTS. HERE I AM NOT TRYING TO PREDICT THE ELECTION RESULTS BUT AS STOCK MARKETS IS ALWAYS ACT LIKE A MIRROR FOR THE MAJOR EVENTS, THATS WHAT
Read MoreTATASTEEL , INDIA BULLS HOUSING FINACE ,ICICIBANK,STATE BANK OF INDIA, AND HINDALCO SHOULD BE ON YOUR RADAR.
Read MoreBANKNIFTY IS HIGHLY VOLATILE INDEX AS WE ARE ALL AWARE. NOW AS THE U.P. AND OTHER POLLS RESULTS ARE ON THE CARDS ON 11 TH MARCH 2017 HERE I AM RECOMMENDING A STRATEGY FOR OPTIONS ARBITRAGEURS AND HEDGERS. FIRST LETS TAKE A LOOK ON TECHNICALS OF BANKNIFTY FUT CHARTS. BANKNIFTY FUT TRADING IN A RANGE
Read MoreMY NEXT PICK FOR MARCH SERIES IS AXIS BANK. AS FOREIGN INSTITUITIONAL INVESTORS ARE PUTTING MONEY ALTHOUGH RISK FACTORS AND ELECTION POLLS RESULTS OF UTTAR PRADESH AND OTHER STATES RESULTS ARE ON THE CARDS. EVEN THOUGH THEY ARE VERY MUCH BULLISH AND BETTING ON INDIAN ECONOMY. BUT FIIS ARE VERY MUCH SELECTIVE IN STOCK SELECTION
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