Nifty has hit lower circuit and bounced from important gann level of 8480 traded almost near 3 year low. 20 March is very Important Asto Date can see major change in trend. Trade with extreme small size as VIX has reached 51 leading to wild swings. Thanks for all your wishes feeling much better now.… Read More »
FII bought 33.8 K contract of Index Future worth 2497 cores, Net OI has decreased by 38 K contract, 2.1 K Long contract were covered by FII and 36 K shorts were covered by FII. Net FII Long Short ratio at 0.27, So FII used fall to exit longs and exit shorts. As shared on… Read More »
As discussed in last analysis Now Bulls need to move above 26512 for a move back to 26653/26799/26945. Bears will get active below 26361 for a move back to 26215/26070/25900. Today’s High and low are very important for next 300-500 points move in Bank Nifty based on time cycle analysis. 24600-24700 is important range Bank… Read More »
A King wished to select a good Chief Minister for his Kingdom. In his court were four men with equal qualification to hold the post of the Chief Minister. He therefore decided to conduct a test to select one from amongst them for the post. One day, he called all four of them and said,… Read More »
The way the Market have been falling has surprised me. Even in 2008 we did not see this fast fall. May 2006 we saw 30% fall which can be compared with current market fall it was fast and furious. I am not in my best of health so not able to update so frequently this… Read More »
FII bought 18.9 K contract of Index Future worth 1216 cores, Net OI has increased by 2.8 K contract, 10.8 K Long contract were added by FII and 8 K shorts were covered by FII. Net FII Long Short ratio at 0.24, So FII used fall to enter longs and exit shorts. As discussed in… Read More »
As discussed in last analysis Now if we break 26280 bears can fall further till 25920/25560/25200. Bulls have there chances above 26640 for a move back to 26800/27000. Now Bulls need to move above 26512 for a move back to 26653/26799/26945. Bears will get active below 26361 for a move back to 26215/26070/25900. Today’s High… Read More »
FII bought 3.3 K contract of Index Future worth 221 cores, Net OI has increased by 2.1K contract, 2.7 K Long contract were added by FII and 615 shorts were covered by FII. Net FII Long Short ratio at 0.18, So FII used fall to enter longs and exit shorts. 10648 was an important gann… Read More »
27000 was an important gann number and break of same saw a big fall in bank nifty towards 26000. Now if we break 26280 bears can fall further till 25920/25560/25200. Bulls have there chances above 26640 for a move back to 26800/27000. Intraday time for reversal can be at 9:26/10/11:21/1:54/2:24 How to Find and Trade Intraday… Read More »
World Markets are bleeding due to Coronavirus Scare and Crude Crashing 30% overnight. Nifty is already down 500 points and now fall can accentuate further as world markets keep on bleeding. We have hit 1 20% and 1 10% circuit after Lok Sabha Election were declared on 16 May 2009. Lets be prepared with the… Read More »