As Discussed in Last Analysis Low made today was 24254 so bulls protected 24250 and also closed above 24476 suggesting we can see a good upmove towards our target of 24750/24920/25000. Bearish below 24250 for a move towards 24100/24000. High made today was 24666 so bulls failed to do target of 24750 but as soon… Read More »
Bharat Forge Positional Traders can use the below mentioned levels Close above 722 Target 754 Intraday Traders can use the below mentioned levels Buy above 722 Tgt 728,735 and 741 SL 716 Sell below 713Tgt 707,701 and 694 SL 717 Repco Home Positional Traders can use the below mentioned levels Close above 576… Read More »
FII’s sold 8 K contract of Index Future worth 693 cores ,1.2 K Long contract were added by FII’s and 6.7 K Short contracts were added by FII’s. Net Open Interest increased by 5.5 K contract, so rise in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis Bears did 24100 below 24250 but bulls were able to hold 24250 and now need to close above 24476 for the up move to continue towards higher target of 24750/24920/25000.Bearish below 24250 for a move back to 24100/23920. Low made today was 24254 so bulls protected 24250 and also closed above… Read More »
As the finale of 2016 approaches, we are each presented with an opportunity to reflect back while looking towards the future. The dawning of a new year is the perfect time to set new goals and embark down uncharted paths. Now is the time to plan your Resolution. What are our top trading resolutions for… Read More »
Rel Infra Positional Traders can use the below mentioned levels Close above 441 Target 466/480 Intraday Traders can use the below mentioned levels Buy above 441 Tgt 446,452 and 460 SL 437 Sell below 435 Tgt 430,425 and 420 SL 440 Motherson Sumi Positional Traders can use the below mentioned levels Close above… Read More »
FII’s bought 1.8 K contract of Index Future worth 59 cores ,177 Long contract were added by FII’s and 1.7 K Short contracts were covered by FII’s. Net Open Interest decreased by 1.5 K contract, so rise in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis Low made was 24203 but closed above 24250 suggesting bulls have control and we can head towards 24476. Bulls need a close above 24476 vedic number for the next move towards 24750/24920/25000.Bearish below 24250 for a move back to 24100/23920. Bears did 24100 below 24250 but bulls were able to… Read More »
Infosys Positional Traders can use the below mentioned levels Close below 1126 Target 1089 Intraday Traders can use the below mentioned levels Buy above 1137 Tgt 1145,1154 and 1163 SL 1132 Sell below 1130 Tgt 1121,1111 and 1100 SL 1134 HDFC Bank Positional Traders can use the below mentioned levels Close above 1900… Read More »
Last Week we gave Chopad level of 23500 as Bank Nifty opened gap up so no trade was initiated as per chopad levels. Lets see how we trade nifty in coming week as we start the new financial year. Bank Nifty Harmonic Pattern Bank Nifty is forming a bullish abcd patter with target as… Read More »