STOCK FUT LOOKING TO MOVE DOWN AS THE STOCK PRICE UNABLE TO MOVE ABOVE ITS 61.8% RETRACEMENT . OTHER TECHNICAL FACTOR ALSO COMPLEMENTING THE SAME. PLACE YOUR STOP LOSS ABOVE 262 CLOSING BASIS FOR THE TARGET OF 236 AND GO SHORT AROUND 255…
Read MoreSTOCK FUTURE UPDATE ON LARSEN AND TOUBRO FOR OCTOBER SERIES 2016… AFTER A GOOD POST BUDGET RALLY STOCK PRICES EXACTLY RETRACES AT 61.8% . INDICATING SOME CONSOLIDATION TO GIVE A FRESH BREAKOUT.SO FROM HERE SHORT TERM HORIZON LOOKING QUITE WEAK AS THE STOCK PRICE FUT HAS SHOWN SOME SHORT BUILD UP IN OCT SERIES 2016.
Read MoreTATAMOTORS STARTED ITS OCTOBER SERIES WITH ADDITIONS OF SHORT POSITIONS. TECHNICAL CHARTS ALSO REFLECTING THE NEGATIVITY WITH LOWER TOPS AND LOWER BOTTOMS FORMATIONS..STOCK HAS GIVEN A BREAK DOWN BELOW 550 LEVELS WITH VOLUMES BUILDING UP. TODAY ON 28 TH SEP STOCK UNABLE TO HOLD 545 LEVELS AND SLIP FROM THERE… SO SELL TATAMOTORS AT
Read MoreBANKNIFTY HAS FORMED HEAD AND SHOULDER PATTERN ON DAILY CHARTS BUT IN A RISING TREND.NECK LINE BREAKDOWN SEEN AT 19800 LEVEL. LOWER PEAKS AND LOWER TROUGHS ALSO CONFIRMING THE REVERSAL… SO SELL BANKNIFTY BETWEEN 19700 -19800 WITH CLOSING STOP LOSS AT ABOVE 20000 FOR THE WEEKLY TARGETS OF 19350… ABOVE MENTIONED LEVEL S ARE SPOT
Read MoreUPDATED FOR 16 SEP 2016… STOCK FUTURES ADDED LONG POSITIONS JINDAL STEL,BHARTI AIRTEL , CEAT LTD… STOCK FUTURES ADDED SHORTS:POWER GRID.. INTRA DAY TRADE FOR SPECULATORS… BUY CAIRN INDIA ONLY ABOVE 194 SL 191 TGT 198.50.. NMDC AND MOIL TO BUY BACK SHARES WORTH RS 8400 CR .. BUY BACK STARTS ON 19 SEP AND
Read MoreComing week going to see some major moves as we are going to have number of events in the coming week like inflation data , iip numbers and also last week for the quarter results of some of the big names like tatasteel, reliance communication ,reliance infrastructure and many more… SGXNIFTY already trading 100 +
Read MoreOpen Interest build up on 07 TH SEP 2016. Stock Futures added long side positions: …JET AIRWAYS ,, WOCKHARDT PHARMA,, SIEMENS.. Stock Futures added short side positions:PETRONET LNG,, ….. UPCOMING EVENTS : SAIL,, JINDALSTEEL AND TV TODAY going to publish their quarter results… SWING TRADE FOR SEPTEMBER SERIES 2016…. SELL PETRONET LNG AT 352-350 SL
Read MoreOpen Interest build up on 06 TH SEP 2016. Stock Futures added long side positions: UNION BANK,, TITAN ,, TATASTEEL… Stock Futures added short side positions: COALINDIA,, JET AIRWAYS….. UPCOMING EVENTS : BHEL GAIL AND ONGC going to publish their quarter results… SWING TRADE FOR SEPTEMBER SERIES 2016…. SELL COAL INDIA AT 332-330 SL SL
Read MoreGlobalization has changed the way of making business in the whole world. In the process of globalization, countries are integrated through foreign trade and investments. India is a developing country that is growing steadily for last some years. It is 18th largest economy of world according to total GDP but its more than 30% population
Read MoreOpen Interest build up on 1 ST SEP 2016 Stock Futures added long side positions: PCJEWELLERS, HINDUNILVR Stock Futures added short side positions: HINDALCO, RELIANCE, ADANI PORTS… UPCOMING EVENTS : ALSTOM INDIA AND INOX WIND going to publish their quarter results… SWING TRADE FOR SEPTEMBER SERIES 2016 SELL ADANI PORTS AT 259-260 SL 265 TGT
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