In the month of September 2013, after the nomination of Shri. Narendra modi as BJP's PM candidate we have seen markets getting stronger. Market participants started expecting NDA will form govt at center. As the the exit polls were out, we saw markets creating new all time high, ahead of actual results. On the day of results declaration, we saw nifty touching all time high of 7600, but in last few ... [Continue Reading]
Trading Nifty Options to Benefit in Rising Market up Trend
Uptrend is always considered as markets of investors, but even if you are a trader with limited capital you can make big money in trading nifty options. When markets are rising you will have to wait for a decent correction where market seems to be oversold, that would be the time to enter long position in nifty future or just buy nifty call options (Out of money call option in this case). Then ... [Continue Reading]
GAIL is in Strong Uptrend, Look for Buying Opportunities For Target as 515
GAIL (India) Ltd. being the largest gas produces in India is backed by its large gas assets. GAIL was listed on NSE on 2 April 1997. The daily chart suggests that there is some bearishness in the trend, so we are only looking for selling opportunity in this stock as long as it stays bearish, the pivot level is 440 so unless this stock closes above 440 we will be bearish. Selling GAIL futures below ... [Continue Reading]
Hero Moto Corp is in Uptrend: Traders Recommended Buy on Dips, Strong Auto Stock
HEROMOTOCO a leader in 2 wheeler automobiles segment is largest 2 wheeler manufacturer and seller. It is one of the flagship company of Hero Group, India. Looking at the charts for stock performance we see that the company has shown a strong growth and hence the stock follows. Technically this stock is very bullish and for short term its in consolidation phase, for the short term view one can ... [Continue Reading]
Stocks that have Out performed Market: Buy Aditya Birla Nuvo for Trading Target of 1425
Aditya Birla Nuvo is one of the major company of Aditya Birla Group, listed on 13 September 1995 on NSE. this company has given serious returns to the investors in long term. When we talk about technical analysis we see that the stock has given a positive breakout above the 900 levels, when we look at the charts we see that the stock has been making the series of higher high and higher lows ... [Continue Reading]