Yearly Archives: 2017

Will Bank Nifty Bulls we able to protect 22700 ?

By | May 17, 2017 11:13 pm

As discussed in Last Analysis   Now moving forward holding 22800 can move towards 23110. Bearish below 22500 only.  Low made today was 22830 and high made was 22978 so bulls held on to 22800 and rallied back towards 22935 but were unable to close above 22940 again, Bulls need a close above 22940 for next… Read More »

Colgate SBI JSW Steel Harmonic Analysis

By | May 17, 2017 8:38 am

Colgate Positional Traders can use the below mentioned levels Close above 987 Target 1008/1021 Intraday Traders can use the below mentioned levels Buy above 978 Tgt 985, 994 and 1003 SL 974 Sell below 972 Tgt 967,960 and 950 SL 975 SBI Positional Traders can use the below mentioned levels Close below 305 Target 298/295… Read More »

Nifty does life high again holding 9368,EOD Analysis

By | May 16, 2017 10:37 pm

FII’s sold 679 contract of Index Future worth 22 cores ,2 K Long contract were added by FII’s and 2.7 K  Short contracts were added by FII’s. Net Open Interest increased  by 4.7 K contract, so rise in market was used by FII’s to enter long and enter short in  Index futures. Lesson a TRADER can… Read More »

Bank Nifty does 22940,EOD Analysis

By | May 16, 2017 10:23 pm

As discussed in Last Analysis   Bank Nifty again bounced from gann support low made today was 22730 bulls were on front foot as we are above 22700 and we made high of 22891 so bulls were able to capture the move and now waiting for 22940/23110. Bearish below 22500 only. Low made today was 22725 and… Read More »