Thursday, November 20

Rel Infra,Exide and Titan positional trading analysis

Titan

Titan
Any close below 364 stock is heading back to 356/343.

Buy above 369 Tgt..


Continue Reading

Wednesday, November 19

Nifty forms double top, FII Data Analysis

FII
  • FII's bought 6.7 K contract of Index Future worth 106 cores, 1.3 K Long contract were squared off by FII's and 8.1 K short contracts  were squared off  by FII's. Net Open Interest decreased  by 9.5 K contract , so FII booked profit in shorts in today's fall.
Nifty formed a double top @8455 and Evening star candlestick pattern and also broke its hourly channel  with break of 21/34 HSMA, so today we saw first time bears overpowering bulls, but still we are
Continue Reading

Reliance,Adani Port and Cipla channel trading

Reliance

RIL
Reliance is at crucial juncture, close above 990 stock is heading towards 1008/1021. Any close below 986 short term target 966/953.

Buy above 991 Tgt..


Continue Reading

Tuesday, November 18

FII FnO Data Analysis for 19 Nov

FII
  • FII's sold 7.6 K contract of Index Future worth 163 cores, 3.2 K Long contract were added by FII's and 10.8 K short contracts  were added  by FII's. Net Open Interest decreased  by 14.1K contract , so FII are adding shorts in aggressive manner, from past few trading session.
Nifty did another life high today@ 8455 trading very well in hourly channel 8464 on upside and 8400 on downside should be watched for tomorrow. Will this breakout be genuine or false will be know by Thursday. FII are exiting..
Continue Reading

Monday, November 17

Tata Steel,Rel Infra and Kotak Bank Intraday trading

Tata Steel

Tata Steel

Buy above 480 Tgt..


Continue Reading