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 »
As discussed in last analysis Bulls need to move above 9610 for a move back to 9666/9721/9800.Bears need a close below 9490 for a move back to 9430/9370/9300.All Bullish target done and we have important astro date on Monday.We will open with gap down on Monday as we react from gann angle as seen in… Read More »
As discussed in last analysis Bulls need to move above 21350 for a move back to 21600/21952.Bears need a close below 20870 for a move back to 20600/20444/20225. All Bullish target done and we have important astro date on Monday.We will open with gap down on Monday Bulls need to hold 20293-20310 zone for rally… Read More »
Below is the chart of Nifty from 20 Jan 20 till 30 April We have seen a fall from 12430-7511 and Rally from 7511-9889 in matter of 70 trading session. Did you make money in fall and Rise. Below Scenarios are possible You made Money in Downfall and Lost all profit in the rally as… Read More »
FII sold 1.7 K contract of Index Future worth 65 cores, Net OI has decreased by 3.8 K contract, 2.8 K Long contract were covered by FII and 1 K shorts were covered by FII. Net FII Long Short ratio at 1.36, So FII used fall to exit longs and exit shorts. As discussed in… Read More »