As Discussed in Last Analysis Now as 25700 is an importnat supply zone fresh trades should be taken above 25700 for a move back to 25920-26000. Bearish below 25488 for a move back to 25368/25225/25100. Tomorrow another important time cycle date. Bank Nifty opened with gap up but as soon as 25488 broken made low… Read More »
Overview On balance volume (OBV) is a momentum indicator, the calculation of which relates volume to price change. OBV was developed by Joe Granville. .OBV provides a running total of volume and shows whether this volume is flowing in or out of a given security. OBV attempts to detect when a financial instrument (stock, bond,… Read More »
Chart nexus one of the most Widely Used Software for Technical Analysis has come up with an Fundamental Software also. I have been using it and looks quiet cool to me. Below are the Salient Feature of the DivA Software 1. List of companies in Dashboard which is Optimized by Chart Nexus formula, we have… Read More »
Auropharma Positional Traders can use the below mentioned levels Close above 777 Target 800 Intraday Traders can use the below mentioned levels Buy above 777 Tgt 784,790 and 796 SL 772 Sell below 770 Tgt 765,759 and 753 SL 775 Tata Chemical Positional Traders can use the below mentioned levels Close above 680… Read More »
FII’s bought 1.5 K contract of Index Future worth 186 cores ,1.4 K Long contract were added by FII’s and 97 Short contracts were covered by FII’s. Net Open Interest increased by 1.3 K contract, so fall in Nifty was used by FII’s to enter long and exit short in Index futures.FII’s Long to Short Ratio… Read More »
As Discussed in Last Analysis As yesterday was important time cycle date High and low are again important and break of any side can see fast move of 200-300 points. BUllish above 25366 for a move back to 25632/25700. Bearish below 25300 for a downfall towards 25225/25140/25000. Low made today was 25351 and we made… Read More »
Kajaria Ceramic Positional Traders can use the below mentioned levels Close above 357 Target 375 Intraday Traders can use the below mentioned levels Buy above 357 Tgt 361,366 and 372 SL 353 Sell below 349 Tgt 343,337 and 333 SL 353 Biocon Positional Traders can use the below mentioned levels… Read More »
FII’s sold 5.6 K contract of Index Future worth 1207 cores ,8.7 K Long contract were added by FII’s and 6.8 K Short contracts were covered by FII’s. Net Open Interest decreased by 1.9 K contract, so fall in Nifty 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 Bank Nifty opened with a huge gap and closed above 25366 suggesting we can continue upmove towards 25488/25632/25700. Bulls need a close above 25700 which is a major supply zone for up move to continue towards 25920/26064. Bank Nifty Bears will get active below 25341 for a downfall towards 25262/25182/25103.… Read More »
Indigo Positional Traders can use the below mentioned levels Close above 816 Target 843/864 Intraday Traders can use the below mentioned levels Buy above 811 Tgt 816,826 and 843 SL 803 Sell below 796 Tgt 789,780 and 770 SL 803 Rel Infra Positional Traders can use the below mentioned levels Close below… Read More »