Related Readings and Observations

• Price Discovery Process and How to Trade the Open using Market Profile We know that the purpose of the exchange is to facilitate trading between buyers and sellers. Auction market theory is a basic stepping point to understand how the auction happens among […]
• When to Execute Bullish Call Diagonal Spread in Nifty? Bullish Diagonal Call spread is neutral to a bullish strategy which is executed by buying long-dated in the money call option and concurrently selling short-dated out of the money call […]
• Hanung toys:-Emerging star in the textile segment   Scripscan:-Hanung Toys and Textiles LtdCmp:243Target:370Return percentage:50%Duration:6-9 monthsTraded in:NSE-BSEIntroduction: Hanung Toys & Textiles is engaged in the […]
• Most of the Sectors Sentiment turned Negative Out of 28 sectors/indices that we are monitoring 25 sectors, daily sentiment turned negative since last Wednesday and only 3 sectors (Media, Pharma, Realty) are holding with positive […]
• Nifty attempts to close below Weekly 5 EMA Nifty attempts to close below the 5 EMA(5435) Weekly Chart for the very first time since June,2010. Building open interest in 5500 is the first sign of the continuation of the bearishness […]
• The orginal path of Nifty is not yet reversed   Here is the zoomed GANN FAN of the Nifty Daily chart. Which indicates that imajor downtrend move had been started and Nifty had broken the major support zone 5180 . The […]