FII’s sold 17.1 K contract of Index Future worth 1286 cores ,6.3 K Long contract were liquidated by FII’s and 10.8 K Short contracts were added by FII’s. Net Open Interest increased by 4.5 K contract, so rise in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to… Read More »
As discussed in Last Analysis Bank Nifty consolidated in small range today and till 23540 is held we can again head towards 23630/23720. Low made today was 23554 so bulls held on to 23540 as shown in below chart near gann angle. Bearish below 23300 for a move towards 23150/23000. High made today was 23736 so… Read More »
Larry Hite While the speculator doesn’t have the product knowledge or speed, he does have the advantage of not having to play. The speculator can choose to only bet when the odds are in his favor. That is an important positional advantage. In the above quote, Larry is referring to the fact that smaller retail… Read More »
CAPF Positional Traders can use the below mentioned levels Close above 720 Target 754 Intraday Traders can use the below mentioned levels Buy above 712 Tgt 717, 724 and 730 SL 708 Sell below 706 Tgt 702,696 and 690 SL 710 Equitas Positional Traders can use the below mentioned levels Close below… Read More »
FII’s bought 1.5 K contract of Index Future worth 93 cores ,2 K Long contract were added by FII’s and 521 Short contracts were added by FII’s. Net Open Interest increased by 2.5 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to Short… Read More »
As discussed in Last Analysis As we have been discussing gann analysis gives you an extra edge as we have been discussing till 23300 is held bulls are in control and breakout above 23540 which did are 2 target today 23630/23720 and now bulls will wait for 2 target of 23900-24000. Bearish below 23300 for… Read More »
As a trader we need to do constant improvement, as trading is an evolving filed and we need to adjust ourself based on changing market conditions. To be best we just need to avoid doing mistakes, the more we minimize our mistake better we will become. Below we have listed few mistakes which if avoided… Read More »
MFSL Positional Traders can use the below mentioned levels Close above 600 Target 625 Intraday Traders can use the below mentioned levels Buy above 599 Tgt 604, 610 and 616 SL 596 Sell below 593 Tgt 589,585 and 580 SL 596 VEDL Positional Traders can use the below mentioned levels Close below 256 Target… Read More »
FII’s sold 12.4 K contract of Index Future worth 999 cores ,8.7 K Long contract were liquidated by FII’s and 3.7 K Short contracts were added by FII’s. Net Open Interest decreased by 4.9 K contract, so rise in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to Short… Read More »
As discussed in Last Analysis Close above todays high 23540 will lead to breakout in Bank Nifty for next move towards 24000 as shown in below chart, Low made today was 23400 and high made was 23492 so bank nifty formed an inside bar pattern. Bullish above 23540 for a move towards 23630/23720/23900. Bearish below… Read More »