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 »
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 »