Nifty February series begin with writing 5000PE strike price with highest open interest among the series. Also there is condierable amount of option interest visible in 5200CE and 5300CE. Spike in open interest in these option strikes in the upcoming sessions could drag the nifty towards 5050 zone.
Its now official that Britains debt had reached 1 Trillion Pounds of Debt, Sun Reported on wednesday. The Debt burden on citized is equivalent to 16,400 pounds per citizen of the country. Here is the infograpic on UK Debt and it also illustrates what can be done with 1 Trillion Pounds
10 Years of Historical Nifty Weekly Ichimoku Charts are shown. Currently on the long term i.e on weekly timeframe nifty is in sell mode and currently trading very close to the ichimoku cloud resistance coming around 5250-5300 zone breaking above that could signal long term bull market in nifty. Nifty is in sell mode since [...]
The Nifty and Bank Nifty trend is continuously in mode since 3rd Jan 2012. Nifty supports coming around 5012 and Bank Nifty supports around 9271.In this option series option writers slowly conquered 4500PE, 4700PE, 4800PE and marched steadily till 5000PE. This market has taught a tough lesson for those who are still trading on overbought and oversold kind of indicators and those who are looking for mean reversion for every 50 or 100pts increase in nifty.
At the time of independence, we had less than a million (ten lakh) phone connections in India. Between 1947 and 1981, tele-density did not add up to much, given the poor infrastructure, red tape in allocation of telephone connection, and generally low business activity.
The Baltic Dry Index tracks the cost of shipping major raw materials (iron ore, coal, grain, cement, copper, sand and gravel, fertilizer and even plastic granules). Or, more simply, it tracks the precursors of economic output. As such, the Index provides a measurement of the volume of global trade at the earliest possible stage. The Index is down 48.4% in the last month, and 54.4% in the last three months.
Dabba means box and a dabba operator, in stock market terminology is the one who indulges in dabba trading. His office is like any other broker’s office having terminals linked to the stock exchange showing market rates of stocks. However, the difference is that the investor’s trades do not get executed on the stock exchange system but in the dabba operator’s books only.
Nifty and Bank Nifty is in buy mode for more than a fortnight now and is still in buy mode with the supports coming around Rs.4919 and Rs.8986 respectively.
