Nifty outperform world market,FII FnO Data Analysis

[ Tuesday, July 7 | 0 comments ]
  • FII's sold 33.8 K contract of Index Future worth 853 cores ,14.5 K Long contract were squared off  by FII's and 19.2 K  short contracts  were added  by FII's. Net Open Interest decreased  by 33.8 K contract, so today's rise was used by FII's to enter shorts and book long in index futures How Markets Will React to Greek Referendum
Nifty opened with gap down took support at Trend Changer TC level

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Tata Motors, Kotak Bank and PFC Gunner Forecast


Tata Motors

tata motors

Positional/Swing Traders can use the below mentioned levels
Any close above 432 target 450/466.
Intraday Traders can use the below mentioned levels

Buy above 432 Tgt

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Impact of Greece Crisis on Indian Market

[ Monday, July 6 | 0 comments ]
Greece has kept all financials market on edge, Last Monday 29 June 2015  Financial market around the world  got a shock when Alex Tsipras declared he will hold a referendum asking voters they will reject bail out condition given by creditors, market round the world fell down but Indian Market showed tremendous resilience and bounced back sharply from the low of 8200 and closed the week at the highest point. This was also the week when  Greece Becomes First Developed Country To Default To The IMF
Last Sunday Result of Greece Referendum came as shock again Greferendum Results In Landslide "No" Victory: What Happens Next 
Market round the world opened with big cuts but again like last Monday Indian Markets are showing great resilience and have recouped most the loss.
So lets me discussion the reason for this kind of resilience and road ahead for Indian market.
  • Chinese Market meltdown

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Greferendum Results In Landslide "No" Victory: What Happens Next


Here is how the Deutsche Bank sees the possible outcomes of what is shaping up to be a "No" vote:

  • N1 – Soft deal: The most unlikely scenario is that the euro-area partners offer a much softer programme to Greece.
  • N2 – Default-and-stay: Moderately less unlikely is a scenario where Greece defaults but stays in the euro thanks to a direct recapitalisation of Greek banks by the euro-area partners, with the Greek government using only domestic resources for the country’s fiscal needs.
  • N3 – New deal: The third scenario is one in which the rising economic and political cost of a closed banking system results in the Syriza government being replaced by a new government of national unity and a new deal with creditors being reached.
  • N4 – Grexit: In our view, Grexit and Scenario N3 are the most likely – with about equal probabilities. That said, we see the probability of Grexit increasing the larger is the margin of victory of the NO vote. Even with a NO vote, the cumulative probability of the first three scenarios still exceeds that of Grexit.
And the details:
NO, Scenario #N1. Soft deal
This, in our view, is by far the least likely outcome, as it would generate significant moral hazard issues, which in the longer term could be as damaging as an exit. If Europe were to offer significant concessions to Greece following a no vote, it would de facto incentivize other borrowing countries to call domestic referenda to improve the terms of their rescue packages. This would be unsustainable in the long-run as (a) it would create obvious political issues in creditor countries, (b) it would not deal with the structural adjustments and political integration which are necessary for the longer term viability of the euro area.
NO, Scenario #N2. Default-and-stay

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Bank Nifty Weekly Analysis for 06-10 July

[ Sunday, July 5 | 0 comments ]
Last week we gave the Chopad level of 18285  Bank Nifty achieved all 3 target on upside rewarding discipline chopad followers .Lets analyze how to trade market in coming week as we will get results of Greek referendum before market opens on Monday.  We have shared the Goldman report discussing various scenarios, readers can read the report by clicking on the link How Markets Will React to Greek Referendum

Bank Nifty Hourly

Bank Nifty Hourly
Bank Nifty need to cross the zone of resistance @18832 for a breakout to happen. Unable to cross the same can see down move till 18200 odd levels as shown in above chart.

Bank Nifty Hourly  EW

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