As discussed in last analysis Bank Nifty broke the Mercury Elongation low of 22 July 22658 and as discussed we got the 500-800 points move low made was 22801, so Astro Rocked again. Now Bulls need to move above 22110 for a move back to 22340 and 22570. Bears will get active below 21800 for… Read More »
As discussed in last analysis Bank Nifty formed a Inside Bar Pattern, Waiting for 22 Jul High and low to be broken being a Mercury Elongation day for 500-800 points move in bank nifty. Bulls need to move above 23100 for a move back to 23280/23530/23780. Bears will get active below 22800 for a move… Read More »
Sandeep Batra, President ICICI bank Ltd announces bank’s much-anticipated results, on Saturday, for the quarter ending June 30, 2020, and has recorded a profit after tax of INR 2599 cr – a significant 36% rise from the INR 1908 cr recorded in Q1-2020. Loans under moratorium fell to 17.5%, as on June 30, from 30%… Read More »
Indusind Bank Positional Traders can use the below mentioned levels Close below 519 Target 500 Intraday Traders can use the below mentioned levels Buy above 525 Tgt 529, 533 and 539 SL 521 Sell below 519 Tgt 515, 510 and 505 SL 523 Glenmark Positional Traders can use the below mentioned levels Close above… Read More »
As a trader, you have probably heard the old adage that it is best to trade with the trend. This is sage advice as long as you know and can accept that the trend can end. And then the trend is not your friend. In light of the current market conditions impacted by to COVID… Read More »
FII bought 18.7 K contract of Index Future worth 1.1 K cores, Net OI has increased by 10.6 K contract, 12.8 K Long contract were covered by FII and 5.9 K Shorts were added by FII. Net FII Long Short ratio at 1.03, So FII used fall to exit longs and enter shorts. As discussed… Read More »
As discussed in last analysis Bank Nifty formed a Inside Bar Pattern, Waiting for 22 Jul High and low to be broken being a Mercury Elogation day for 500-800 points move in bank nifty. Bulls need to move above 23100 for a move back to 23280/23530/23780. Bears will get active below 22800 for a move… Read More »
Auropharma Positional Traders can use the below mentioned levels Close below 810 Target 777 Intraday Traders can use the below mentioned levels Buy above 823 Tgt 830, 838 and 848 SL 817 Sell below 810 Tgt 802, 795 and 788 SL 816 ZEE L Positional Traders can use the below mentioned levels Close below… Read More »
FII bought 2.2K contract of Index Future worth 220 cores, Net OI has increased by 10.6 K contract, 6.4 K Long contract were added by FII and 4.2 K Shorts were added by FII. Net FII Long Short ratio at 1.35, So FII used fall to enter longs and enter shorts. As discussed in last… Read More »
As discussed in last analysis Today Mercury goes in Elogation suggesting another big move is coming in Bank Nifty in next 2 days. Bulls need to move above 23040 for a move back to 23280/23530/23780. Bears will get active below 22800 for a move back to 22570/22340. Bank Nifty formed a Inside Bar Pattern, Waiting… Read More »