As Discussed in Last Analysis We did the 1 target of this move above 28224 and now awaiting for higher target of 28404/28488. Bulls need a close above 28468 for the further up-move towards 28700/28850. Bearish below 28170 for a move towards 28064/27920. Low made today was 28151 so bank nifty went below 28170 but… Read More »
FII’s sold 1.1 K contract of Index Future worth 118 cores ,2.5 K Long contract were added by FII’s and 3.7 K Short contracts were added by FII’s. Net Open Interest increased by 6.3 K contract, so rise 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 Now Bulls need a close above 28224 an important vedic number for the rally to continue towards 28320/28404/28488. Bearish below 28050 for a move towards 27984/27900/27784. We did the 1 target of this move above 28224 and now awaiting for higher target of 28404/28488. Bulls need a close above 28468… Read More »
FII’s sold 7.2 K contract of Index Future worth 695 cores ,4.1 K Long contract were added by FII’s and 11.4 K Short contracts were added by FII’s. Net Open Interest increased by 15.6 K contract, so rise 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 Now Bull need a close above 27920 for a move back to 28064/28225/28350. Bearish below 27740 for a move back to 27650/27496. Bank Nifty opened with gap up above 27920 made low of 27953 and did 1 target of 28064 and closed above it. Now Bulls need a close above… Read More »
There are two kinds of people in the world – one kind is known for their remarkable words and one kind is known for their work. Former Prime Minister Atal Bihari Vajpayee belonged to both parts of the world – a man who was known for his work and his way with words. “One day… Read More »
FII’s sold 6 K contract of Index Future worth 432 cores ,1.7 K Long contract were covered by FII’s and 4.3 K Short contracts were added by FII’s. Net Open Interest increased by 2.5 K contract, so fall in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bank Nifty bulls were able to achieve all the upside target above 27920. Bulls need to close above 28064 for the upmove to continue towards 28225/28450. Bearish below 27888 for a move back to 27740/27650/27496. High made today was 28019 so bulls were not able to capture 28064, Bearish target… Read More »
FII’s sold 7.6 K contract of Index Future worth 710 cores ,964 Long contract were covered by FII’s and 6.6 K Short contracts were added by FII’s. Net Open Interest increased by 5.7 K contract, so fall in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bank Nifty closed below 28200 on Time Cycle Turn Date,Friday and as expected gave a 300+ point fall in gap down doing our target of 27792 and we closed at gann level support as shown in below chart. Now Bears need to break 27734 for a move back to 27650/27556/27484.… Read More »