Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Nifty Index Futures market by Shorting 5698 contracts worth ₹345 crores, resulting in a increase of 1418 contracts in the net open interest. FIIs covered 5061 long contracts and added 9677 short contracts, indicating a preference for covering long positions and adding short positions. With…
ALKEM Positional Traders can use the below mentioned levels Close below 5500 Target 5250 Intraday Traders can use the below mentioned levels Buy above 5525 Tgt 5555, 5600 and 5666 SL 5505 Sell below 5500 Tgt 5460, 5420 and 5365 SL 5521 CONCOR Positional Traders can use the below mentioned levels Close…
On Wednesday, the EUR/USD pair experienced some movements, finding support above 1.0905 and encountering resistance below 1.0940. This suggests that after a short-term rise, the EUR/USD might continue its downward trend. Key Levels to Watch Resistance Levels: Immediate resistance: 1.0940 Important resistance: 1.0965 Support Levels: Short-term support: 1.0900 Significant support: 1.0870 Potential Scenarios Bearish Scenario:…
Do you ever wonder how traders seem to know when a chart is about to start trending? Is there some dark magic in play…? Not at all! Experienced traders often use indicators to help them predict what might happen. Two of the most important for trends are the Golden Cross and the Death Cross. Now,…
On Wednesday, major U.S. equity averages closed lower, failing to sustain a rebound through to a second straight session. Investor sentiment was notably impacted by a soft $42 billion bond market auction, which revealed underlying concerns about the economic outlook. Disappointing Bond Auction The U.S. stock markets started to decelerate following a lackluster $42 billion…
The first quarter earnings season is underway and as many as 225 companies will announce their numbers on Thursday. Key results to watch out include that of LIC, Eicher Motors, RVNL, SAIL, MRF and GRSE. Apart from the above, companies like ABB India, Agri-Tech, Astral, AstraZeneca India, Biocon, Birla Corp, Container Corp, Emkay Global, HCL…
A cryptocurrency investor has reaped a windfall of approximately $15.5 million after selling wrapped Bitcoin (WBTC), a token representing the flagship cryptocurrency on Ethereum Vitrtual Machine (EVM) compatible networks, that they acquired over a year ago. According to on-chain analytics service Lookonchain, the savvy cruptocurrency whale bought 721 WBTC on leading cryptocurrency exchange Binance between…
Well, as you know, markets have experienced spectacular moves this week. Japan’s Nikkei is leading on that front…down 12% on Monday but up 11% on Tuesday! Incredible whipsaw action. That’s not what you want to see when you have a large chunk of your life savings tied up in equities. As measured by the VIX…
There are two main emotions in the stock market — greed and fear. A wise pro avoids them both. He looks at the situation like a doctor with a patient. No joy at the bedside when the recovery begins. No tears at the cemetery gate when it doesn’t. He just tries to figure out what…
In an unprecedented turn of events, Japan has radically altered global economic expectations within a week. Once heralded… This article Yen’s Wild Ride: The unexpected boom shaking global markets! appeared first on Guerilla Stock Trading. Source link