Monthly Archives: August 2016

Bank Nifty rallies 600 points above 19158,EOD Analysis

By | August 31, 2016 11:04 pm

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market.Sustaining above today’s high of 19250 bank nifty can make other move towards 19367 and close above it momentum will again come in bulls favor.… Read More »

Stocks for short term trading:Tata Elxsi Exide and Wockpharma

By | August 31, 2016 7:45 am

TATA ELXSI Positional Traders can use the below mentioned levels Close above 1597  Tgt 1631/1652 Intraday Traders can use the below mentioned levels Buy above 1597 Tgt 1613,1630 and 1652  SL 1588 Sell below 1570 Tgt 1555,1538 and 1515  SL 1585   WockPharma Positional Traders can use the below mentioned levels Close above 843 Tgt… Read More »

Nifty break out of range of 247 points, EOD Analysis

By | August 30, 2016 10:40 pm

FII’s bought 31.7 K contract of Index Future worth 2066 cores ,35.2 K Long contract were added by FII’s and 3.5 K short contracts were added by FII’s. Net Open Interest increased  by 38.8  K contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures. How to recover… Read More »

Bank Nifty fires above 19360,EOD Analysis

By | August 30, 2016 9:28 pm

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market.Sustaining above today’s high of 19250 bank nifty can make other move towards 19367 and close above it momentum will again come in bulls favor.… Read More »