Last Week we gave Chopad level of 26320 Bank Nifty short triggered did 2 target on downside and high made was on 19 Nov our time cycle date. Lets see how we trade Nifty in coming week as we approach time cycle date of 19 Nov. Bank Nifty Harmonic Pattern ABCD Harmonic Pattern was… Read More »
FII’s bought 29.1 K contract of Index Future worth 1600 cores ,1.8 K Long contract were added by FII’s and 27.3 K Short contracts were covered by FII’s. Net Open Interest decreased by 25.4 K contract, so fall in Nifty was used by FII’s to enter long and exit short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis Low made today was 26060 near gann angle support and we saw the bounce back towards our target of 26352 High made was 26342, Now Bulls need to wait for target of 26496/26640/26784. Bearish below 26200 for a move back to 26064/25920. Bearish target done low made was 25947 and… Read More »
Yes Bank Positional Traders can use the below mentioned levels Close above 199 Target 205/211 Intraday Traders can use the below mentioned levels Buy above 199 Tgt 201,204 and 207 SL 197 Sell below 194.5 Tgt 192,189 and 186 SL 196 SUN TV Positional Traders can use the below mentioned levels Close… Read More »
As Discussed in Last Analysis Bank Nifty bulls were able to protect 26100 and also closed near gann angle support. Now Bulls need to protect 26100 for the rally to continue till 26352/26496/26640. Bearish below 26020 for a move back to 25920/25784. Low made today was 26060 near gann angle support and we saw the… Read More »
FII’s bought 2.8 K contract of Index Future worth 170 cores ,905 Long contract were added by FII’s and 1.9 K Short contracts were added by FII’s. Net Open Interest decreased by 1 K contract, so fall in Nifty was used by FII’s to enter long and exit short in Index futures.FII’s Long to Short Ratio… Read More »
As Discussed in Last Analysis Once Bank Nifty closed above the gann angle has been rallying on continues basis,Now Bulls need to protect 26100 for the rally to continue till 26352/26496/26640. Bearish below 26050 for a move back to 25920/25784. Bank Nifty bulls were able to protect 26100 and also closed near gann angle support.… Read More »
FII’s bought 9.8 K contract of Index Future worth 860 cores ,10.8 K Long contract were added by FII’s and 1 K Short contracts were added by FII’s. Net Open Interest increased by 11.8 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 »
Once Bank Nifty closed above the gann angle has been rallying on continues basis,Now Bulls need to protect 26100 for the rally to continue till 26352/26496/26640. Bearish below 26050 for a move back to 25920/25784. Important intraday time for reversal can be at 11:30/2:25. Time Cycle Stock Scanner for 11-16 Nov Bank Nifty… Read More »
In Continuation with Previous Article Trade using TRIN Overbought and Oversold As shown in above chart,For the S&P 500 Index between Feb 2015 and July 2015, a reading of 2.0 or higher typically indicated a short-term bottom was close at hand, and the price was due for at least a bit of upside movement. Traders… Read More »