FII sold 19.5 K contract of Index Future worth 1328 cores, Net OI has increased by 5.1 K contract, 7.2 K Long contract were covered by FII and 12.3 K shorts were covered by FII. Net FII Long Short ratio at 0.62, So FII used fall to exit longs and enter shorts. As discussed in… Read More »
As discussed in last analysis Bears will get active below 19600 for a move back to 19430,19335,19233.Mars and Venus have went Ingres today so today high and low will be important for next 500-800 points move in Bank Nifty. We had another gap down opening and now prices are back to gann angle support. Bears… Read More »
FII sold 1.6 K contract of Index Future worth 48 cores, Net OI has increased by 24.5 K contract, 11.4 K Long contract were covered by FII and 13 K shorts were covered by FII. Net FII Long Short ratio at 1, So FII used fall to exit longs and exit shorts. As discussed in… Read More »
As discussed in last analysis Market should open with gap up as Neural also indicated down on 12 and than upmove on 13, Bulls need to move above 19050 for a move back to 19321,19600,19881. Bears will get active below 18769 for a move back to 18496,18225,17957.We got a big gap up as tommrow is… Read More »
Below are the Highlight of Economic Package by Nirmala Sitharaman The “Atma Nirbhar Bharat Abhiyan” initiative to spur growth and help in building self-reliant India Plan based on five important pillars: economy, infrastructure, tech-driven systems, demography and demand Highlight of Today’s announcement Deadline for filing ITR pushed till 30 Nov TDS and TCS rates Cut by… Read More »
As discussed in last analysis Bank Nifty should show big move on Monday, Bulls need to move above 19550 for a move back to 19683,19881,20150. Bears will get active below 19380 for a move back to 19050/18850.Bank Nifty gave big move as per expectation showing effect of Mercury at Perihelion, below 19380 made low of… Read More »
FII bought 3.2 K contract of Index Future worth 328 cores, Net OI has decreased by 2.9 K contract, 175K Long contract were added by FII and 3.1 K shorts were liquidated by FII. Net FII Long Short ratio at 1.05, So FII used rise to enter longs and exit shorts. As discussed in last… Read More »
As discussed in last analysis Bulls need to move above 19600 for a move towards 19800/20150. Bears need to break 19320 for move to continue towards 19044/18769.Bank Nifty opened with a gap up and Bulls got whipsawed above 19600 and bears also got whipsawed below 19320, Bank Nifty should show big move on Monday, Bulls… Read More »
FII bought 1.9 K contract of Index Future worth 178 cores, Net OI has decreased by 928 contract, 2 K Long contract were added by FII and 125 K shorts were added by FII. Net FII Long Short ratio at 1.28, So FII used fall to enter longs and enter shorts. As discussed in last… Read More »
As discussed in last analysis As new mercury cycle is starting today so high and low of 04 May ie. 20530 and 19653 break of any side will 600-800 points move in bank nifty as discussed in below video. Now Bulls need a close above 19980 for a move towards 20100/20300/20530. Bears need a close… Read More »