As Discussed in Last Analysis Bank Nifty opened with gap and did not break 26210 and once above 26500 bulls were active pushed index higher now waiting for the target of 26640/26784/26920.Bearish below 26490 for a move 26352/26210. Low made today was 26454 but closed above 26490. High made was 26640 so bank nifty did… Read More »
A great excerpt from “Trading Rules: Strategies for Success” by William Eng. It’s a great reminder that market prediction is a fool’s errand: When you buy something, you want it to go up. When you sell something, you want it to go down. The chance of entering the trade correctly is small, but the chance… Read More »
Tech M Positional Traders can use the below mentioned levels Close above 694 Target 729 Intraday Traders can use the below mentioned levels Buy above 694 Tgt 699,706 and 711 SL 690 Sell below 685 Tgt 680 ,674 and 666 SL 689 Apollo Hospital Positional Traders can use the below mentioned levels Close… Read More »
FII’s sold 12.7 K contract of Index Future worth 1247 cores ,794 Long contract were added by FII’s and 13.5 K Short contracts were added by FII’s. Net Open Interest increased by 14.2 K contract, so fall 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 19 is an important time cycle date. High made today was 26448 so bank nifty bears were on frontfoot as we were below 26450 and did 2 target on downside.Below 26210 we can continue to see fall towards 26000-26025 where we have gann angle support, Again time analysis helped in… Read More »
DHFL Positional Traders can use the below mentioned levels Close below 610 Target 581 Intraday Traders can use the below mentioned levels Buy above 616 Tgt 621,626 and 633 SL 611 Sell below 610 Tgt 606,601 and 595 SL 614 Havells Positional Traders can use the below mentioned levels Close below 536 Target… Read More »
FII’s sold 8.8 K contract of Index Future worth 710 cores ,1.7 K Long contract were liquidated by FII’s and 7.1 K Short contracts were added by FII’s. Net Open Interest increased by 5.4 K contract, so fall 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 High made today 26477 so bank nifty bulls were not above to break 26500 and below 26450 bears were active and made low of 26322 near our target of 26322. Plan remains the same Bullish above 26500 for a move back to 26640/26773. Below 26450 bears can move down and do… Read More »
JSW Steel Positional Traders can use the below mentioned levels Close below 325 Target 311 Intraday Traders can use the below mentioned levels Buy above 327 Tgt 330 ,333 and 336 SL 325 Sell below 323 Tgt 320,317 and 313 SL 325 Divis Lab Positional Traders can use the below mentioned levels Close… Read More »
FII’s sold 6.9 K contract of Index Future worth 576 cores ,4.1 K Long contract were liquidated by FII’s and 2.8 K Short contracts were added by FII’s. Net Open Interest decreased by 1.2 K contract, so fall in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to… Read More »