Rupee trajectory and Rs 10,600-cr ICICI Pru AMC IPO among 7 key triggers for D-Street this week

The Indian benchmark index Nifty ended the week flat, although the bias remained slightly negative. When markets resume trading on Monday, a host of major domestic and global events coming up this week are likely to impact sentiment.On Friday, the Nifty closed 152.70 points, or 0.59%, higher at 26,186.45. Commenting on the trend, Ravi Singh, […]

Fii long positions the lowest in 5 years. Anand James explains how to trade in the coming week

With Nifty ending in 3% weaker, Fii’s indexfutures have now fallen to the lowest level in five years. July month’s derivatives also saw lower roller costs for both Nifty and Nifty Bank, indicating that traders are positioned against a less optimistic August, says Anand James, main market strategist, Geojit Investments Limited. “Fii’s indexfutures long positions […]

The RSI -Mythe: Does this popular trade indicator actually work?

For most investors and traders, technical analysis can often be filled overwhelmingly with complicated graphs, patterns and unknown terms. However, one indicator has succeeded in cutting this complexity with its simplicity and popularity: the relative strength index (RSI). RSI is widely used to identify when a shares or index can be ‘overbought’ or ‘sold over’, […]