Muhurat Trading

Dhan Theras

   
Markets are closed for regular trading today.


However on the auspicious occasion Dhan Theras there will be a special session of trading 


at the exchanges.


Details follow: 

Lakshmi Puja and Muhurat Trading on Friday, November 05, 2010

Lakshmi Puja : 4:00 PM Onwards

Muhurat Trading Session Details:

Session Start Time End Time Login 05 : 00 p.m. 06 : 00 p.m. Call Auction 06 : 00 p.m. 06 : 15 p.m. Continuous Trading* 06 : 15 p.m. 07 : 00 p.m. Closing 07 : 00 p.m. 07 : 10 p.m. Post Closing 07 : 10 p.m. 07 : 30 p.m. Member Query and 6A / 7A entries 07 : 30 p.m. 08 : 00 p.m. * Block Deal window will remain open from 06:15 p.m. to 06:50 p.m. The transactions done during the Muhurat Trading session will be settled as a separate settlement (Settlement No.156/10-11 on November 09, 2010).

NEXT: DIWALI FIREWORKS

Diwali fireworks : HDFC and TATA MOTORS

HDFC AND TATA MOTORS


            Readers of the blog would have minted the almighty dollar 


in HDFC and TATAMOTORS. 


HDFC almost reached third target of long trade.


TATAMOTORS, although triggered short trade stop loss, rocked from there on 


to achieve 2nd target of long trade.




Nifty future moved exactly as per our expectations and as written in weekly 


article and hit 5290.




For readers of Jerry Technicals , coal india does not matter. 


We know how to make regular profits here :-)


Some Links:


HDFC trading idea


TATAMOTORS trading idea


NIFTY WEEKLY LEVELS

Weekend Read - The curious case of Renuka Sugars.

Diwali is fast approaching. As Indians we all love to splurge on sweets for loved ones.

However take a look at the below futures chart of Renuka. Short term Moving averages have converged on sell side,

Fibonacci confluence zone of 203 has already made a short term top.

From the chart the area to be watched out for is next fibonacci confluence level of 190. Closing below 190, Renuka can fall to 168 and 140 from the above

chart. Amazing that this is happening in diwali time. Hence i would like to call it 'the curious case of renuka sugars'.