New year Giveaway: Participate to win Samsung Galaxy tab 2

by Bhaveek Patel

Dear traders here is good news for you, We at OurNifty.com have decided to come up with a New Year Giveaway contest. A brand new Samsung Galaxy Tab 2 worth Rs.20,000/- we are giving it for free, so do participate and tell you friends and colleagues as well. Here are conditions: Contest starts on 17 December 2012 at 12:00Am and Ends on 31 December 2012 at 11:59Pm. Anyone can participate in the contest (Humans Only […]

New update for Getbhavcopy application released

by Bhaveek Patel

I have been very busy for last couple of weeks, so was unable to come up with articles on market. Today I am sharing latest update about the GetBhavcopy application that was released on 19 Nov 12. I have seen many traders here were unable to download the EOD data for NSE. So here is how you can solve this bug an update was released recently for this application. Getbhavcopy is useful application for updating […]

Nifty future closes below the rising trendline, Trading Idea

by Bhaveek Patel

Yesterday due to global selling, our markets was on the way of selling as well. We Have seen Nifty future for the first time on daily chart has broken below the trend line which has been acting as support from the month of June. So I am expecting some selling in the markets, as being a technical reason. Even Indian rupee has depreciated against USD and reached 54 mark again. Situation after flop 2G auction […]

Stocks to buy for this Diwali: Muhurat Trading Stock Picks

by Bhaveek Patel

On today’s auspicious occasion of Diwali, NSE has announced the muhurat trading session that will begin from 3:45 pm to 5:00 pm. Here are the stocks that you may take: Aurobindo Pharma: Has already started its new uptrend and is looking extremely bullish on charts. Buy on every decline for targets as 200 and 270 till next Diwali. CMP: 178. Bank of Baroda: Downside momentum is loosing and we are expecting that stock will be […]

What is Nifty Future and How to trade it with Trend tool

by Bhaveek Patel

Beginners who see markets on TV often ask me what is nifty future and how it is traded, what are the benefits of it, how to find out the trend. Here are the answers to some of your queries. What is Nifty future? Before I focus on Nifty future what actually the Nifty index is, So Nifty index is a container of 50 chosen stock (based on NSE’s criteria). In other words, 50 large cap […]

Here are reasons Why US Dollar Could Rally in Short term

by Bhaveek Patel

US dollar has been in demand for last many trading sessions led by the strong economic growth in US, the data that were released last week were full of positive surprises. Non-farming payroll added about 175k (approx.) jobs, which was much better than expected number, also consumer confidence in the US economy has increased. Here are some of the reasons why I am seeing USD to be bullish: Hurricane Sandy: If you go back to […]