As Discussed in Last Analysis High made today was 26898 so bulls made a failed attempt to close above 26898 and once 26740 broken bulls did the target all the way till 26496. Bears need to break 26420 for a move towards 26280-26072-25997,Range of 25997-26010 is important support zone, Bullish above 26580 for a move… Read More »
FII’s sold 8 K contract of Index Future worth 616 cores ,1.8K Long contract were covered by FII’s and 6.2 K Short contracts were covered by FII’s. Net Open Interest increased by 4.4 K 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 opened with a gap up and once above 26994 low made was 26989 rallied all the way towards 27205 just shy of our target of 27225. Now Bulls need a close above 27225 for the upmove to continue towards 27356/27471. Bearish below 27100 for a move back to… Read More »
As traders one of the most important but neglected topic is Risk Management. If you want to become a consistent profitable trader risk management needs to be mastered upon. It is what keeps us in the game as traders. During my interaction with traders I am often surprised to find that many traders have no… Read More »
FII’s bought 6.4 K contract of Index Future worth 458 cores ,2.2 K Long contract were covered by FII’s and 8.7 K Short contracts were covered by FII’s. Net Open Interest decreased by 11 K contract, so fall in market was used by FII’s to exit long and exit short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Any move below 26772 can see fast move towards 26640 which is an important vedic number, If held we can see relief rally else more downside towards 26530/26352/26208. Low made on Wednesday 26555 and close above 26640, Now bulls need to close above 26889 for a move back to 26994/27070/27225.… Read More »
BPCL Positional Traders can use the below mentioned levels Close below 331 Target 323/315 Intraday Traders can use the below mentioned levels Buy above 337 Tgt 340,344 and 349 SL 334 Sell below 332 Tgt 329,326 and 321 SL 339 Bajaj Finance Positional Traders can use the below mentioned levels Close above 2620… Read More »
FII’s sold 3.8 K contract of Index Future worth 391 cores ,4.9 K Long contract were covered by FII’s and 1.1 K Short contracts were covered by FII’s. Net Open Interest decreased by 6.1 K contract, so fall in market was used by FII’s to exit long and exit short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis When Price and time meets big move happen, so we had an important time cycle date today combined with the break of 27180/gann angle we saw a big downside move which did all our target on downside. Any move below 26772 can see fast move towards 26640 which is an… Read More »
In today’s article, we’re going to talk all about breakout trading,Breakout trading is one of our favorite type of entry when trading the markets. This work best in all market conditions Bull/Bear but a trader need to have loads of patience to enter the positions and also ability to hold the positions. breakout trading is… Read More »