Monthly Archives: July 2016

Nifty completes time correction, EOD Analysis

By | July 26, 2016 8:53 am

FII’s sold 4.1 K contract of Index Future worth 228 cores ,7.4 K  Long contract were added by FII’s and 11.6 K short contracts were added by FII’s. Net Open Interest increased  by 19 K contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures. Trading Lesson Learnt… Read More »

Bank Nifty does 300 point target,EOD Analysis

By | July 26, 2016 8:18 am

As discussed in past analysis  Bank Nifty is still trading between the gann arcs, suggesting we should get breakout soon either on close above 18710 or below 18550 for 250-300 points move. Bulls will become active above 18720 and we can see fast move towards 18968. Bears now will become active below 18550 for a move… Read More »

Ab Nuvo Jet and NMDC Swing Analysis

By | July 25, 2016 9:06 am

NMDC Positional Traders can use the below mentioned levels Holding 97 Tgt 102/110 Intraday Traders can use the below mentioned levels Buy above 98.2 Tgt 98.9,99.8 and 100.5 SL 97.6 Sell below 96.7 Tgt 95.8,94.7 and 94 SL 97.2   Jet Airways Positional Traders can use the below mentioned levels Close above 576 Tgt 589/597… Read More »

Nifty again bounces from 8490 again, EOD Analysis

By | July 23, 2016 7:31 pm

FII’s bought 8.4 K contract of Index Future worth 558 cores ,8.9 K  Long contract were added by FII’s and 0.5 K short contracts were added by FII’s. Net Open Interest increased  by 9.5 K contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures. Trading Lesson Learnt… Read More »

Bank Nifty does gann target of 18550,EOD Analysis

By | July 23, 2016 5:31 pm

As discussed in past analysis  Bank Nifty reacted from gann arc furiously , closed at 18674 below 18700 suggesting bears have become active. Now we can see fast move towards 18550 if we do not close above 18700 tomorrow for 1 hour. Bullish on close above 18780 for target of 18900/19103. Bank Nifty made low of 18551… Read More »