Yearly Archives: 2016

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 »

ICICI Bank Rel Infra HDIL Channel Analysis

By | August 29, 2016 7:45 am

ICICI bank Positional Traders can use the below mentioned levels Close above 248 Tgt 254/261 Intraday Traders can use the below mentioned levels Buy above 246 Tgt 248,250 and 252 SL 245 Sell below 244 Tgt 242.5,240 and 238 SL 245   HDIL Positional Traders can use the below mentioned levels Close below 91 Tgt… Read More »