Monthly Archives: October 2016

Bank Nifty does 19700, EOD Analysis

By | October 20, 2016 11:15 pm

 As discussed in Last analysis   Close above 19511 will see next move towards 19700. Traders should watch 19700 very closely for coming week as major trend change will happen above 19700 and we can see move towards 20000/20400 on upside and unable to close above 19700 can see fast fall towards 19000 again. High made… Read More »

Nifty Technical Trend Analysis

By | October 19, 2016 10:59 pm

FII’s sold 1.7 K contract of Index Future worth 111 cores ,0.6 K Long contract were liquidated by FII’s and 1.1 K short contracts were added by FII’s. Net Open Interest increased  by 0.5 K contract, so fall in market was used by FII’s to exit long and enter  shorts  in  Index futures.  Why Trading is… Read More »

Nifty rallies 150 points holding 8520,supported by gann time,EOD Analysis

By | October 18, 2016 9:09 pm

FII’s sold 8.9 K contract of Index Future worth 729 cores ,0.9 K Long contract were liquidated by FII’s and 7.9 K short contracts were added by FII’s. Net Open Interest increased  by 7 K contract, so rise in market was used by FII’s to exit long and enter  shorts  in  Index futures.  Why Trading is… Read More »

Bank Nifty continue to trade above 19000, EOD Analysis

By | October 17, 2016 11:25 pm

 As discussed in Last analysis   Bulls were finally able to close above 19000 and also protected 18750 in the process as price was unable to break yesterday low, Bulls can see up move till 19318 holding low of Thursday. Momentum will come on close above 19318 for move till 19501/19732. Bears will be active only… Read More »