FII FnO Data Analysis for Union Budget 2015

• FII's bought 45.7 K contract of Index Future worth 1127 cores, 35.2 K Long contract were added by FII's and 10 K  short contracts  were squared off by FII's. Net Open Interest increased  by 24 K contract. I have discussed which traders can use as an Input to their trading plan for Budget Day Stock Market Response to past Union Budget and  Option Trading Strategy for Union Budget 2015 .

Tomorrow we have the budget day, Expectation are High Stock Market soared on expectation of reformist budget, Budget day is known for wild swing. Do remember even if expectation are met market can react negatively like happened in May 2014 Election result day Market soared but gave huge..

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PFC,ITC and IRB short term technical Analysis

IRB

Any close above 254 stock is heading towards 267/288/300 in short term.
Intraday Traders can use the below mentioned levels

Buy above 250 Tgt..

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Nifty reacts negatively on Railway Budget,FII Data Analysis

• FII's sold 30.2 K contract of Index Future worth 870 cores, 150 K Long contract were squared off by FII's and 138 K  short contracts  were squared off by FII's. Net Open Interest decreased  by 289 K contract,79.3 % Rollover is done in Nifty Future at an average rate of 8837. I have discussed which traders can use as an Input to their trading plan for Budget Day Stock Market Response to past Union Budget and  Option Trading Strategy for Union Budget 2015 .

We saw the best Railway Budget presented today in past 10 years which was practical and pragmatic. Nifty reacted on railway budget day with negative as it happened on last railway budget and forewarned in yesterdays analysis  Last time Nifty was down

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Highlights of the Railway Budget 2014-15

Thrust
1. Safety 2. Project Delivery 3. Passenger Amenities/Services with focus on food services & on cleanliness, sanitation, toilets 4.
Financial Discipline 5. Resource Mobilization 6. IT Initiatives 7. Transparency & System Improvements.

Course Correction and Initiatives

Works to be re-prioritized with more focus on doubling and tripling to decongest the over-utilized network.
Recent fare and tariff hike to mop additional revenue of about ` 8,000 cr. Alternate resource mobilization need to be explored as enlisted.
o Leveraging Railway PSU Resources by bringing in their investible surplus funds in infrastructure projects of Railways.
o Domestic investments and FDI in rail infrastructure. o Pursuing Public Private Partnership.
Near Plan-holiday approach.
Prioritizing and setting timelines for completion of the ongoing projects.
Decision Support System for project implementation.
Strategic partnerships and transparency in procurements.
Aggressive indigenization of imported products.
Developing locomotives, coaches and wagon leasing Market.

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Kotak,Ranbaxy and LT technical analysis

Kotak Bank

Intraday Traders can use the below mentioned levels

Buy above 1349 Tgt..

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