FII’s sold 1.4 K contract of Index Future worth 104 cores ,1.8 K Long contract were added by FII’s and 3.3 K short contracts were added by FII’s. Net Open Interest decreased by 1.4 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures.How making a trading… Read More »
Bank Nifty broke yesterday low of 15532 made low of 15453 which was near 15500 as we have been discussing 15550 is strong support based on option analysis. Also Bank nifty has formed an ABCD pattern which did not got invalidated as bank nifty close near that level again forming a DOJI pattern, close above… Read More »
I always suggests trader to create a trading plan before markets opens and strictly execute the trades as per the plan. Its a well know adage Plan the trade and Trade the plan.Most of traders trade impulsively in trading,without any plan, they go as per there intuition and end result is losses. I have written… Read More »
Bharat Forge Positional/Swing Traders can use the below mentioned levels Holding 801 Tgt 843 Intraday Traders can use the below mentioned levels Buy above 814 Tgt 822,830 and 843 SL 808 Sell below 795 Tgt 790,784 and 770 SL 801 Petronet Positional/Swing Traders can use the below mentioned levels Holding 254 Tgt… Read More »
FII’s bought 6.2 K contract of Index Future worth 322 cores ,3 K Long contract were added by FII’s and 3.2 K short contracts were liquidated by FII’s. Net Open Interest decreased by 230 contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures.Trade Like a Chameleon Nifty… Read More »
Bank Nifty broken the swing low of 15762 yesterday made low of 15532 which was near 15500 as we have been discussing 15550 is strong support based on option analysis. Also Bank nifty has formed an ABCD pattern which got activated today, close above 15900 can see move towards 16121/16301. Bullish only on close above… Read More »
“For every style of trading there will be a “perfect” market environment. When the market is aligned to the strategy that you are trading, every trade will work itself out smoothly, losses will be far and few between, and you will feel on top of the world as you watch your profits accumulate! ……Sooner or… Read More »
Bank Baroda Positional/Swing Traders can use the below mentioned levels Holding 134 Short term target 139/142 Intraday Traders can use the below mentioned levels Buy above 137 Tgt 138.5,141 and 144 SL 136 Sell below 133.5 Tgt 132,129.5 and 126 SL 134.5 Dabur Positional/Swing Traders can use the below mentioned levels Holding 254 Tgt… Read More »
FII’s sold 4.2 K contract of Index Future worth 248 cores ,1.4 K Long contract were added by FII’s and 5.6 K short contracts were added by FII’s. Net Open Interest increased by 7.1 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures.Understanding Market Sentiment Nifty… Read More »
Bank Nifty got sold off again from gann trendline breaking the previous swing low of 15762 by making a new low of 15700 near the . Generally break of swing low and closing near it can see up move in Bank nifty in near time till 15700 is held. Bullish only on close above 16150. Understanding… Read More »