Indian Rupee broke support from Gann Angle as shown in below chart,suggesting further fall on cards,Next week 06 July will be an important time cycle date and 74.98 will play a crucial level,Unable to close above it fall can continue till 74.40-74.20 range. Major Trend Change date for INR is 06/10 Jul Weekly Trend Change:… Read More »
As discussed in last analysis We are near gann angle resistance suggesting good move should be seen, and also we have confluence of time cycle date on 04-05 Jul suggesting possible price time squaring.Now Bulls need to close above 22110 for a move back to 22340/22570/22800. Bears will get active below 21870 for a move… Read More »
FII bought 11.3 K contract of Index Future worth 705 cores, Net OI has increased by 498 contract, 5.9 K Long contract were added by FII and 5.4 K Shorts were covered by FII. Net FII Long Short ratio at 0.93, So FII used fall to enter longs and exit shorts. As discussed in last… Read More »
As discussed in last analysis Now Bulls need to close above 22265 for a move back to 22555/22760/23000. Bears will get active below 21773 for a move back to 21500/21225/21000. Low made was 21890 and bears unable to break 21773 and bulls above 22265 got stopped out. We are near gann angle resistance suggesting good… Read More »
FII bought 15.9 K contract of Index Future worth 1114 cores, Net OI has decreased by 7.1 K contract, 4.4 K Long contract were added by FII and 11.5 K Shorts were covered by FII. Net FII Long Short ratio at 0.73, So FII used fall to enter longs and exit shorts. As discussed in… Read More »
As discussed in last analysis As discussed in below video Bears will active below 21200 for a move towards 21000/20732. Bulls will get active above 21500 for a move back to 21650/21840/22000.Low made was 21281 so bears unable to break 21200 and once above 21500 Bulls did all 3 target on upside. Astro Date showed… Read More »
As discussed in last analysis We are seeing a range contraction also tommrow very important Astro date suggesting big move round the corner. Till we are below 21450 bears can push towards 21170/20940/20720. Bulls will get active above 21500 for a move back to 21720/21870/22100.Bank Nifty opened with gap up but unable to do 21720… Read More »
FII sold 3.8 K contract of Index Future worth 1241 cores, Net OI has decreased by 17 K contract, 14 K Long contract were covered by FII and 4.1 K Shorts were added by FII. Net FII Long Short ratio at 0.46, So FII used fall to exit longs and enter shorts. As discussed in… Read More »
As discussed in last analysis .It was a day of whipsaw both bulls and bears got chopped on both side. Plan remains the same,Bank Nifty. Bulls need to break 21720 for a move back to 21870/22100. Bears will get active below 21400 for a move back to 21170/20940/20720.Bears were able to do 1 target on… Read More »
Last Week we gave Chopad Level of 21111 Bank Nifty did all 2 target on Upside and got Stop-out on downside both ,Average Week for Chopad Followers. Coming Week 30 June is very important Astro Date. Bank Nifty Harmonic No Valid Harmonic Pattern Seen. Bank Nifty Gann Angles Reacted From Gann Angle resistance.21100-21150 will act… Read More »