As discussed in last analysis Now Bears need to break 21000 for a move back to 20890/20736/20449. Bulls will get active above 21316 for a move back to 21463/21609/21800. Low made was 21057 and once above 21316 did 1 target on upside now till we are holding 21375 bulls can rally towards 21609/21800/22000. Bears will… Read More »
GRASIM Positional Traders can use the below mentioned levels Close above 636 Target 666 Intraday Traders can use the below mentioned levels Buy above 636 Tgt 643, 650 and 656 SL 630 Sell below 628 Tgt 622, 616 and 610 SL 634 Mannpuram Positional Traders can use the below mentioned levels Close below 157… Read More »
As discussed in last analysis 03 Aug is important astro date as Mars at Perihelion so good move will be seen in next 2 trading sessions. Bank Nifty Bulls need to move above 21630 for a move towards 21786/22000. Bears will get active below 21500 for a move towards 21357/21154/21000. All Bearish target done as Mars… Read More »
Last Week we gave Chopad Level of 11130 Nifty did 3 target on upside and 1 target on downside so Excellent week for Chopad Followers. Coming Week 06 Aug is very important Astro Date and high of last week 11341 is crucial as Nifty completed 26 week from High of 12430. Nifty Harmonic Fall started… Read More »
FII bought 994 contract of Index Future worth 30 cores, Net OI has increased by 3.1 K contract, 2 K Long contract were added by FII and 1 K Shorts were added by FII. Net FII Long Short ratio at 1.96, So FII used fall to enter longs and enter shorts. As discussed in last… Read More »
As discussed in last analysis Bank Nifty bears have broken gann line as shown in below chart,and we have monthly close tommorw Bulls and Bears will fight for 21357. Bank Nifty Bulls need to move above 21666 for a move towards 21786/22000. Bears will get active below 21555 for a move towards 21357/21154/21000. Low made was… Read More »
As per SEBI’s directive in curricular no. CIR/HO/MIRSD/DOP/CIR/P/2019/139 and CIR/HO/MIRSD/DOP/CIR/P/2020/28, New Margin Trading Rules will come into effect from 01 Aug for Cash Market Trading. Buy Today – Sell Tomorrow (BTST) will have a major impact because of this change. Below are the changes as per SEBI New Margin Trading Rules 1) Any equity shares… Read More »
FII bought 7.2 K contract of Index Future worth 538 cores, Net OI has decreased by 62 K contract, 18.4 K Long contract were covered by FII and 44.5 K Shorts were covered by FII. Net FII Long Short ratio at 1.96, So FII used fall to exit longs and exit shorts. As discussed in… Read More »
As discussed in last analysis We formed a perfect DOJI singalling volatile move coming as we approach montly expiry and monthly closing. Bulls need to move above 22150 for a move back to 22340 and 22570. Bears will get active below 21920 for a move back to 21750/21400/21100/20940. Bank Nifty bears have broken gann line… Read More »
Voltas Positional Traders can use the below mentioned levels Close below 573 Target 555 Intraday Traders can use the below mentioned levels Buy above 582 Tgt 586, 591 and 596 SL 577 Sell below 573 Tgt 566, 561 and 555 SL 577 Axis Bank Positional Traders can use the below mentioned levels Close above… Read More »