Stockwatch for Week of 6th Sep to 10th Sep
Here is my list: Potential long candidates: 1. SINTEX – 21% OI increase on Friday. Longs for sure. Long above 377 with SL @371 – positional – Intra Stop loss of 374. If it gives a breakout target can be 415-420 2. PTC – Recently had a very good development. Its subsidiary PFS has been […]
Weekly Report
Girish our resident Open Interest analyst, has done an excellent post on the Open Interest configuration in this post here earlier this morning. We believe that Options traded on the NSE are institution driven and a change in the Open Interest (or a lack of) can have pointers to the general market direction. Let’s marry […]
Position Update : 2nd Sept
*** NEW TRADES *** FUTURES: *Buy Bank Nifty at 10955, stop and reverse at 10875, TGT 11039. AIAT Trade. *Buy MINI Nifty at 5488, stop and reverse at 5454, Tgt open. AIAT Trade *** OPEN TRADES *** STOCKS * SESA GOA : Buy Price 328, Sl 312, tgt 366.* Reliance : Buy Price 966, Sl […]
EOD report for 2nd Sept
After a strong upmove yesterday, the Nifty rested trading control intraday between buyers and sellers. It been a 100 point move from yesterday’s lows to today’s highs, and the pause was called for. We expected it as it was a “2i” day, where generally the highs are made in the first two hours of trading. […]
Position Update : 1st Sept
*** NEW TRADES *** STOCKS Buy Hindalco 169.4, Sl 162. tgt 177. *** OPEN TRADES *** STOCKS * SESA GOA : Buy Price 328, Sl 312, tgt 366.* Reliance : Buy Price 966, Sl —, tgt 996.* Hindalco : Buy Price 169.4. Sl 162, tgt 177. *** CLOSED TRADES *** STOCKS Nil *** INTRA-DAY TRADES […]
Value areas & HVN’s
For those of you who have been following this blog for some time now, would have noticed that Market profile is a little more than knowing three values each day. Yes, we do get a lot of requests for value areas everyday, but knowing how to use them at the right moment is more important […]