As Discussed in Last Analysis So bulls again did 27360 and closed above 27225 suggesting we can head higher towards 27504/27656. Bears will get active below 27220 for a move back to 27100/26980/26888. Bank Nifty gave a dip below 27220 and quickly recovered and once above 27225 and above our intraday level of 27312 give… Read More »
FII’s bought 4.5 K contract of Index Future worth 408 cores 6.4 K Long contract were added by FII’s and 1.8 K Short contracts were added by FII’s. Net Open Interest increased by 8.2 K contract, so rise in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis Now Bulls need to close above 27225 for a move towards 27360/27504/27656. Bears need to break 26920 for a move towards 26784/26656/26500.06 Jan Important time cycle date High made today was 27477 so bulls again did 27360 and closed abvoe 27225 suggesting we can head higher towards 27504/27656. Bears will… Read More »
Last Week we gave Chopad level of 26800 Bank gave a Short trade on Monday did all 2 target on downside and Long on Wednesday did 1 Target on Upside, so EXCELLENT week for Chopad Followers. Lets see how we trade Nifty in coming week as we approach time cycle date of 08 Jan. Bank… Read More »
As per our Last Analysis For coming week we are in for consolidation so range bound move will be seen. We did 1 target on Upside and downside Coming week we are near Support zone so accept some bounce back. Major Trend Change date for INR for January for coming week is 09 Jan Weekly… Read More »
As Discussed in Last Analysis Now Bears need to break 26920 for a move towards 26784/26656/26500. Bullish above 27070 for a move back to 27225/27360. Low made was 26926 so bears were not able to break 26920 and we had a rally above 27070 for a move towards 27225 and closed above 27000. Now Bulls… Read More »
FII’s sold 6 K contract of Index Future worth 477 cores 6.2 K Long contract were added by FII’s and 12.4 K Short contracts were added by FII’s. Net Open Interest increased by 18.6 K contract, so fall in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis Now Bulls need to move above 27225 for a move towards 27360/27496/27656. Bears will get active below 26990 for a move back to 26920/26780/26656. As per time cycle we should see big move in bank Nifty in next 2 days. High made today was 27206 so bulls unable to break… Read More »
NCC Positional Traders can use the below mentioned levels Close below 88 Target 85/81 Intraday Traders can use the below mentioned levels Buy above 89.8 Tgt 91.5,92.6 and 93.3 SL 89 Sell below 88 Tgt 87,86 and 85 SL 89.8 Century Textile Positional Traders can use the below mentioned levels Close below 898 Target 876/855… Read More »
FII’s sold 10.7 K contract of Index Future worth 817 cores 3.9 K Long contract were added by FII’s and 19.5 K Short contracts were added by FII’s. Net Open Interest increased by 28.3 K contract, so fall in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short… Read More »