As Discussed in Last Analysis Bank Nifty bears did the perfect move from 1 gann angle to another and also saved the support of 27225 suggesting we might have made a short term bottom and can see a relief rally towards 27500/27656/27784/27920. Bearish below 27200 for a move back to 27040/26928 . Low made was… Read More »
FII’s sold 427.3 K contract of Index Future worth 2328 cores ,4 K Long contract were added by FII’s and 31.3 K Short contracts were added by FII’s. Net Open Interest increased by 35.3 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bears break 27739 and did almost 3 target as low made was 27385, So we were able to capture the whole move from 28151 towards 27360. Bears need to break 27360 for a move towards gann support zone range of 27225-27250 below that 27040. Bullish only above 27570 for a… Read More »
FII’s sold 4.2 K contract of Index Future worth 335 cores ,3.1 K Long contract were added by FII’s and 7.3 K Short contracts were added by FII’s. Net Open Interest increased by 10.5 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bank Nifty open with gap up but as soon as 28151 broken bears took the front foot and it saw a waterfall decline below 27920 and did 27784 low made was 27777. Now Bears need to break 27739 for a move back to 27656/27570/27360/27220. Bullish above 27920 for a move… Read More »
FII’s sold 12.8 K contract of Index Future worth 1109 cores ,1.9 K Long contract were added by FII’s and 14.7 Short contracts were added by FII’s. Net Open Interest increased by 16.8 K contract, so rise in market 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 We got the expected 150 points down move below the time cycle low of 28151.Till we are below 28151 bears have upper hand can push index towards 28000/27920/27739.Bullish above 28225 for a move back to 28344/28512/28656. High made was 28157 so bulls unable to close above 28151 and beers again… Read More »
REC Limited Positional Traders can use the below mentioned levels Close above 121 Target 126/132 Intraday Traders can use the below mentioned levels Buy above 120 Tgt 121.2,123 and 125 SL 118.8 Sell below 118.3 Tgt 117.3,116 and 115 SL 119 Wock Pharma Positional Traders can use the below mentioned levels Close… Read More »
As Discussed in Last Analysis As today was time cycle date today low and high are very important break of any side can easily give move of 75-100 points. Bearish below 11664 for a move back to 11610/11570. Bullish above 11755 for a move back to 11810/11855. We should see good move in Nifty in… Read More »
As Discussed in Last Analysis As we have time cycle date today so break of 28151 we should easily see a move of 150-200 points on downside 28000/27920/27739 and if break of today high 28344 we can again see move of 150-200 points towards 28512/28656. We got the expected 150 points down move below the… Read More »