Profile charts for 6th May

All Passwords to the Open house have been issued. If you have not received one, please send me a mail at vtrender@gmail.com. Tonight I will put out our pre-market analysis to all, especially to help our visitors understand the markets better in the trading room tomorrow. At Vtrender, we are firm believers of ” Planning […]

Profile charts for 6th May

Today’s updated comments are displayed in bold. Comments from yesterday and the previous days are above the bold print.Broader market of Thursday: A quite consolidation within the initial balance turned into a selling frenzy.The range extension lower was accepted and the market closed at the lows. Bank Nifty : – single prints at 12020 at […]

Trade BankNifty with a short bias

This tuesday, May 3rd 2011, RBI Governor raised repo rate and savings rate by 50 bps. Banknifty had already moved 5% below its peak just in anticipation of this event. To some it might seem something as simple as RBI as having preponed July rate hike and clubbed it with April hike. So Banknifty should […]