Trading Room Plan for 1st April

Tomorrow is RBI day and markets would react violently to the announcement made regardless of what has been factored in.   The BNF is known to start new trends after the RBI policy. Tomorrow the market is non expecting rate cuts but that does not rule out the fact that the governor may choose to […]

Fii’s in FnO- 31st March

Ahead of the RBI policy announcement on rates, the FII’s stayed non- directional in their commitment for this April series after being aggressively long through March

Nifty weekly update – 31st March to 4th April

  In Last week’s update posted (http://vtrender.com/premium/nf-bnf-summary-for-weekend-21st-march/) there was a case made for the Nifty up auction to proceed to 6700 and the BNF to do 1000 points away from the consolidation it had been in.   As of Friday’s close the Nifty touched 6700 and the BN was half way on the road to […]

Trading Plan for 28th March 2014

The first day of the series would start tentatively with the market wary about the RBI policy decision on tuesday.   We are expecting big money to be on the sidelines till that decision is out.   Here are the charts of April contract   The BNF was a trend day up until the expiry […]

Trading Plan 27th March

Tomorrow is expiry day. Going by the performance of the last few series the morning has been quiet upto 2pm and a big move has come between 2.30- 3.15 pm.   If you are trading tomorrow then remember that patience is a virtue which makes an average trader an excellent one.   It does not […]

FII’s in FnO -26th March

Tomorrow is expiry day and data tells us that FII’s will do what every single trader out there does- book positions. We will see a lot of unwinding tomorrow of contracts built during the month

Trading Plan for 25th March 2014

The BNF had  a proper trend day started at one end and closed at the other. The NF had a P shaped profile generated from short covering.

Tracking the BankNifty

          This is a follow up to an earlier post this afternoon on the BankNifty Futures