FII’s sold 5.6 K contract of Index Future worth 460 cores 5.3 K Long contract were liquidated by FII’s and 313 Short contracts were added by FII’s. Net Open Interest decreased by 5 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 Ratio… Read More »
As Discussed in Last Analysis Bank Nifty Bulls were able to close above 27530 and till we are holding 27360 up move to continue towards 27656/27830/27920/28100.Bears will become active below 27360 for a move back to 27225/27100/27000. Low made today was 27385 so bulls protected 27360 till we are holding 27360 up move to continue towards … Read More »
MANAPPURAM Positional Traders can use the below mentioned levels Close above 100 Target 106/111 Intraday Traders can use the below mentioned levels Buy above 100 Tgt 101,102 and 103 SL 99.3 Sell below 99 Tgt 98,97 and 96 SL 99.9 IGL Positional Traders can use the below mentioned levels Close below 285 Target 274 Intraday… Read More »
FII’s bought 5.6 K contract of Index Future worth 485 cores 3.9 K Long contract were added by FII’s and 1.6 K Short contracts were covered by FII’s. Net Open Interest increased by 2.3 K contract, so rise in Nifty 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 today was 27410 so bulls protecting time cycle low of 27300 Bulls now need to close above 27530 for upmove to continue towards 27656/27830/27920/28100.Bears will become active below 27400 for a move back to 27225/27100/27000 Bank Nifty Bulls were able to close above 27530 and till we are… Read More »
SUCCESS IN OTHER FIELDS DOES NOT TRANSLATE INTO TRADING PERFORMANCE If you hang around traders talking shop very long (and being honest), you will hear this story repeated endlessly. Many people who have devoted themselves to becoming a professional trader have experienced success in other fields before they came to trading. They know how to… Read More »
BEL Positional Traders can use the below mentioned levels Close above 87 Target 90/93 Intraday Traders can use the below mentioned levels Buy above 87 Tgt 87.7,88.8 and 89.9 SL 86 Sell below 85.5 Tgt 84.5,83.3 and 82.2 SL 86.2 Canfin Home Positional Traders can use the below mentioned levels Close above 272 Target 286… Read More »
Last Week we gave Chopad level of 27504 Bank gave a Short trade on Wednesday which got Stopped out Long Trade on Thursday also got Stopped out so BAD week for Chopad Followers. Lets see how we trade Bank Nifty in coming week as we approach time cycle date of 21 Jan. Bank Nifty Harmonic… Read More »
As Discussed in Last Analysis For coming week Bull need to hold 3590-3600 range for a move back to 3700/3801 where next major resistance lies. Low made was 3576 and once above 3590 we rallied all the way till 3800, Now Bulls need to close above 3860 For a move back to 3900/3969/4096. Bears will get… Read More »
Last Week we gave Chopad level of 10816 Nifty gave Short on Monday and did 2 target on Downside and Long Trade on Tuesday which was able to do 1 target on Upside so average week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of… Read More »