ACC Positional Traders can use the below mentioned levels Close below 1420 Target 1390/1360 Intraday Traders can use the below mentioned levels Buy above 1434 Tgt 1444,1460 and 1480 SL 1426 Sell below 1420 Tgt 1405,1390 and 1370 SL 1430 Adani Ports Positional Traders can use the below mentioned levels Close below 359 Target… Read More »
FII’s sold 18.8 K contract of Index Future worth 1164 cores ,4.1 K Long contract were added by FII’s and 22.9 K Short contracts were added by FII’s. Net Open Interest increased by 13.7 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 »
Reliance Positional Traders can use the below mentioned levels Close below 1150 Target 1122/1105 Intraday Traders can use the below mentioned levels Buy above 1160 Tgt 1166,1171 and 1180 SL 1154 Sell below 1150 Tgt 1144,1139 and 1130 SL 1155 VEDL Positional Traders can use the below mentioned levels Close… Read More »
FII’s bought 4 K contract of Index Future worth 401 cores ,1.3 K Long contract were added by FII’s and 90 Short contracts were covered by FII’s. Net Open Interest increased by 13.9 K contract, so rise in Nifty was used by FII’s to exit long and enter short in Index futures.FII’s Long to Short Ratio… Read More »
As Discussed in Last Analysis Bulls will get active above 26920 for a move towards 27000/27125/27250/27333. Bears will get active below 26750 for a move back to 26656/26500. 02 Dec is important time cycle date so effect will be seen on 03 Dec. Bank Nifty opened with gap up and made another failed attempt to… Read More »
Last Week we gave Chopad level of 25920 Bank Nifty made low of 26025 did not trigger our chopad level for whole week. Lets see how we trade Nifty in coming week as we approach time cycle date of 03 Dec. Bank Nifty Harmonic Pattern No Valid Harmonic Pattern Observed. Supply and Demand Analysis… Read More »
In Continuation with Previous Post For Bank Nifty Analysis on Election Day Watch this Video https://www.youtube.com/watch?v=5VTjUA0CPnY 5 State Election Results 2016 Conclusion: Nifty Made Short term top and saw Correction of 200 points in 4 days 5 State Election Results 2017 Conclusion: Result came on Weekend not during market hours… Read More »
Stock markets are all about ‘sentiments’, and elections play a key role in shaping the sentiments. In elections, political parties with widely different political and economic agendas clash. There is always slight fear making a home in the minds of the investors if the party being elected can be positive or negative to some businesses.… Read More »
As Discussed in Last Analysis Now Bulls need a close above 27000 for the rally to continue till 27216/27360/27500. Bears will get active below 26780 for a move back to 26640/26496/26352. Bank Nifty bears got stopped out below 26780 and bulls also not able to close above 27000 and also unable to break gann angle … Read More »
Indian Cement Positional Traders can use the below mentioned levels Close above 91 Target 95 Intraday Traders can use the below mentioned levels Buy above 91 Tgt 92.2,93.3 and 94 SL 90 Sell below 89.5 Tgt 88.5,87.2 and 86 SL 90.5 Federal Bank Positional Traders can use the below mentioned levels Close… Read More »