Outlook for NIFTY for the coming Trading Sessions

For the previous week, Nifty continued to face resistance in 5900-5950 band on the upside.As you can see in fig 1, the upper trend line joining previous highs made by the Nifty gives resistance levels around 5920-5930 for the coming days. Fig 1 Fig 2 If you see …

Trading an Arbitrage and Reverse Arbitrage Strategy

Trading in Stock Markets is a risky business.There is a direct relation between risk and reward.The higher the risk you take,the higher is the returns potential.While risk on a trade is always remains there and you can’t completely remove it,there is trading strategy which is completely risk less.This …

WPI inflation data leads to profit booking in markets

For the August month,Wholesale Price Index or WPI inflation data came higher at 6.10% compared to 5.79% for the previous month. This led to some profit booking in markets as hopes of rate cut in RBI monetary policy on September 20 vanished.