It was nightmare for most of the traders on Friday. Indeed it was the Black Friday, proved to be unlucky for many more traders. Considering Thursday’s upward journey, traders remained in long trade and found themselves safe from unlucky 22 Friday. Considering strong up move many more had cut their shorts and taken long and… Read More »
FII’s bought 17.7 K contract of Index Future worth 1687 cores ,12.5 K Long contract were added by FII’s and 5.1 K Short contracts were covered by FII’s. Net Open Interest increased by 7.3 K contract, so fall in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to… Read More »
As discussed in Last Analysis Bank Nifty gave the big move as we were expecting near turn date and also made low of 24706 near our target of 24700 and bounced back as its was gann angle support, Now Bulls need to move above 24800 for a move towards 24994/25198. Bearish below 24700 for a… Read More »
In an ancient Indian epic, Arjuna, a famed warrior questions his divine charioteer, Krishna, about the noblest giver in the land. “Karna is without doubt the finest example of generosity in the kingdom,” Krishna informs him. The answer irks Arjuna. Karna is one of his biggest rivals on the battlefield. He frowns deeply and says… Read More »
Bank India Positional Traders can use the below mentioned levels Close below 150 Target 144/141 Intraday Traders can use the below mentioned levels Buy above 153 Tgt 155, 157 and 159 SL 151.5 Sell below 149 Tgt 147,145 and 143 SL 150.5 Voltas Positional Traders can use the below mentioned levels Close below 532 Target… Read More »
FII’s sold 5.5 K contract of Index Future worth 375 cores ,4.3 K Long contract were added by FII’s and 9.9 K Short contracts were added by FII’s. Net Open Interest increased by 14.3 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As discussed in Last Analysis Low made today was 24938 so bulls again protected 24940 but failed to close above 25000, so we closed in neutral zone before the outcome of Fed policy also as seen in below chart we closed at the trend change date so expect a good move in bank nifty in… Read More »
Godrej Industries Positional Traders can use the below mentioned levels Close below 620 Target 610/597 Intraday Traders can use the below mentioned levels Buy above 625 Tgt 629, 637 and 645 SL 621 Sell below 620 Tgt 614,607 and 600 SL 624 Tata Chemical Positional Traders can use the below mentioned levels Close below 640… Read More »
FII’s sold 5 K contract of Index Future worth 469 cores ,2.6 K Long contract were added by FII’s and 8.1 K Short contracts were added by FII’s. Net Open Interest increased by 10.7 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As discussed in Last Analysis Till 25000 is held bulls have upperhand and can push nifty towards 25281/25532. Bearish below 24940 for a move towards 24700/24480 . Low made today was 24938 so bulls again protected 24940 but failed to close above 25000, so we closed in neutral zone before the outcome of Fed policy also… Read More »