As Discussed in Last Analysis Low made today was 27233 so bank nifty held on to support zone of 27225-27250 for 3 day and in process held to gann angle as shown in below chart. High made was 27512 so bulls were able to do 1 target of 27500. Bulls now need to move above… Read More »
FII’s sold 4.3 K contract of Index Future worth 362 cores ,147 Long contract were covered by FII’s and 4.1 K Short contracts were added by FII’s. Net Open Interest increased by 4 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 Low made was 27246 so bank nifty held on to support zone of 27225-27250 for 2 day and in process held to gann angle as shown in below chart. High made was 27552 so bulls were able to do 1 target of 27500. Bulls now need to move above 27500… Read More »
Cipla Positional Traders can use the below mentioned levels Close above 666 Target 676/687 Intraday Traders can use the below mentioned levels Buy above 664 Tgt 668,672 and 676 SL 660 Sell below 657 Tgt 652,648 and 642 SL 661 Jindal Steel Positional Traders can use the below mentioned levels Close… Read More »
FII’s sold 13.1 K contract of Index Future worth 1154 cores ,1.6 K Long contract were covered by FII’s and 11.8 K Short contracts were added by FII’s. Net Open Interest increased by 10.4 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 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 »