As Discussed in Last Analysis Now Bears need to break 24920 for fresh down move to happen towards 24784/24656/24500. Bullish above 25200 for a move back to 25344/25488. Bank Nifty opened with gap up and got sold off again. As tomorrow is very crucial time cycle date Bears need to break 24920 for fresh down… Read More »
FII’s sold 5 K contract of Index Future worth 437 cores ,2 K Long contract were added by FII’s and 7.3 K Short contracts were added by FII’s. Net Open Interest increased by 9.3 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 »
As Discussed in Last Analysis Now Bulls need to close above 25225 for a move back 25344/25488/25632/25776. Bearish below 25050 for a move back to 24912/24768/24624/24500. Bank Nifty opened with gap down made low of Now Bears need to break 24920 for fresh down move to happen towards 24784/24656/24500. Bullish above 25200 for a move… Read More »
FII’s bought 12.1 K contract of Index Future worth 1076 cores ,3.6 K Long contract were added by FII’s and 8.5 K Short contracts were covered by FII’s. Net Open Interest decreased by 4.8 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 Now as 25700 is an importnat supply zone fresh trades should be taken above 25700 for a move back to 25920-26000. Bearish below 25488 for a move back to 25368/25225/25100. Tomorrow another important time cycle date. Bank Nifty opened with gap up but as soon as 25488 broken made low… Read More »
Overview On balance volume (OBV) is a momentum indicator, the calculation of which relates volume to price change. OBV was developed by Joe Granville. .OBV provides a running total of volume and shows whether this volume is flowing in or out of a given security. OBV attempts to detect when a financial instrument (stock, bond,… Read More »
Chart nexus one of the most Widely Used Software for Technical Analysis has come up with an Fundamental Software also. I have been using it and looks quiet cool to me. Below are the Salient Feature of the DivA Software 1. List of companies in Dashboard which is Optimized by Chart Nexus formula, we have… Read More »
FII’s bought 1.5 K contract of Index Future worth 186 cores ,1.4 K Long contract were added by FII’s and 97 Short contracts were covered by FII’s. Net Open Interest increased by 1.3 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 As yesterday was important time cycle date High and low are again important and break of any side can see fast move of 200-300 points. BUllish above 25366 for a move back to 25632/25700. Bearish below 25300 for a downfall towards 25225/25140/25000. Low made today was 25351 and we made… Read More »
FII’s sold 5.6 K contract of Index Future worth 1207 cores ,8.7 K Long contract were added by FII’s and 6.8 K Short contracts were covered by FII’s. Net Open Interest decreased by 1.9 K contract, so fall in Nifty was used by FII’s to exit long and enter short in Index futures.FII’s Long to Short… Read More »