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 »
FII’s sold 8.9 K contract of Index Future worth 223 cores ,3 K Long contract were covered by FII’s and 5.8 K Short contracts were added by FII’s. Net Open Interest decreased by 8.9 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 broke 28200 and and almost did our 1 target. Now till we are below 28200 bears have upper hand and can push index all the way till 27940/27792/27648.Bullish above 28400 for a move back to 28512/28650. Time cycle date has shown effect and we can see fall of… Read More »
FII’s sold 2.1 K contract of Index Future worth 223 cores ,2.1 K Long contract were covered by FII’s and 1.1 K Short contracts were added by FII’s. Net Open Interest decreased by 987 contract, so fall in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis Bank nifty did our 2 targets again now waiting for final target of 28404.Now Bulls need to hold 28236 for up move to continue towards 28488/28573. Bearish below 28200 for a move back to 28064/27970.We have important time cycle coming on 11 Aug, effect can be seen tomorrow or Monday.… Read More »
IGL Positional Traders can use the below mentioned levels Close above 304 Target 311/321 Intraday Traders can use the below mentioned levels Buy above 304 Tgt 307,310 and 313 SL 302 Sell below 301 Tgt 299,296 and 293 SL 303 PC Jeweler Positional Traders can use the below mentioned levels Close above 103… Read More »