The Arms Index (also known as TRIN, an acronym for TRading INdex) was developed in 1967 by Richard Arms. It is a volume-based indicator that determines market strength and breadth by analyzing the relationship between advancing and declining issues and their respective volume. The Arms index is used to measure intraday market supply and demand,… Read More »
FII’s bought 4.7 Kcontract of Index Future worth 418 cores ,10 K Long contract were added by FII’s and 5.2 K Short contracts were added by FII’s. Net Open Interest increased by 15.3 K contract, so rie in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short Ratio… Read More »
As Discussed in Last Analysis Now Bulls need a close above 25945 for rally to continue towards 26050/26200/26344. Bearish below 25800 for a move back to 25666/ 25525/25400. Bears got whipsawed below 25800 but losses were reserved as we moved above 25945 did our target of 26200 and now heading towards 26344/26496/26640. Bearish below 26000… Read More »
FII’s bought 292 contract of Index Future worth 91 cores ,3 K Long contract were added by FII’s and 2.7 K Short contracts were added by FII’s. Net Open Interest increased by 5.8 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 Ratio… Read More »
As Discussed in Last Analysis Bank Nifty bears got whipsawed but bulls made a 25796 near our target of 25800 we saw good reversal on time cycle date of 13 Nov. Now Bulls need a close above 25800 for rally to sustain all the way till 26000/26300. Bearish below 25666 for a move back to… Read More »
FII’s sold 6.2 K contract of Index Future worth 111 cores ,3.9 K Long contract were covered by FII’s and 2.2 K Short contracts were added by FII’s. Net Open Interest decreased by 1.7 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… Read More »
As Discussed in Last Analysis High made was 25907 near our target of 25920 Low made was 25488 near our target of 25488, now 13 Nov imp date so below 25488 we can continue fall towards 25344/25250. Bullish above 25650 for a move back to 25800/25920.Bank Nifty bears got whipsawed but bulls made a 25796… Read More »
FII’s bought 283 contract of Index Future worth 168 cores ,6.1 K Long contract were added by FII’s and 5.8 K Short contracts were added by FII’s. Net Open Interest increased by 12 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 Ratio… Read More »
As Discussed in Last Analysis Bank Nifty has been consolidating near gann angle and 13 Nov being an important time cycle date suggest we can see a good move as traders will return after Diwali Holidays. Bullish above 25800 for a move towards 25920/26059. Bearish below 25600 for a move back to 25488/25344/25250. High made was… Read More »
FII’s bought 7.1 K contract of Index Future worth 647 cores ,10.7 Long contract were added by FII’s and 1.9 K Short contracts were added by FII’s. Net Open Interest increased by 12.6 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 Ratio… Read More »