As Discussed in Last Analysis All Bullish target done by bank nifty, Bulls now need a close above 27940 for the upmove to continue towards 28080/28234/28368. Bearish below 27790 for a move back to 27650/27500. Bank Nifty opened with gap up but again failed to close above 27940,Bulls now need a close above 27940 for… Read More »
As Discussed in Last Analysis As soon as 27500 broken bank nifty rallied all the way towards 27723 doing our 1 target and now waiting for 27792/27889.Bearish below 27651 for a move towards 27568/27485. 06 Aug is another important time cycle date after 02 Aug. All Bullish target done by bank nifty, Bulls now need… Read More »
FII’s sold 3.1 K contract of Index Future worth 480 cores ,9 K Long contract were added by FII’s and 12.3 K Short contracts were added by FII’s. Net Open Interest increased by 21.3 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 Bank Nifty bears broke 27485 and did another 2 target on downside, and we also reacted on time cycle date as we have been discussing. Till we do not close above 27500 bears have upperhand and can push index towards 27225/27154/27070. Bullish above 27500 for a move back to 27648/27792/27889.Low made… Read More »
If you ever met a successful trader one thing you would have noticed most of them in some part of there life were related to sports. What’s the connection between being an sportsman and stock market trader? I believe it has everything to do with the qualities and the mindset that these individuals have. I… Read More »
Auropharma Positional Traders can use the below mentioned levels Close above 623 Target 644/665 Intraday Traders can use the below mentioned levels Buy above 616 Tgt 623,631 and 640 SL 610 Sell below 608 Tgt 603,595 and 588 SL 613 Equitas Positional Traders can use the below mentioned levels Close above 148 Target… Read More »
As Discussed in Last Analysis High made yesterday was 27873 so we were not able to cross the resistance zone and today as soon as 27610 broken we saw a decline towards our 1 target 27500. Bears need a close below 27485 for a move back to 27400/27319/27236/27154. Bullish above 27648 for a move back… Read More »
FII’s bought 12.9 K contract of Index Future worth 1208 cores ,11.4 K Long contract were added by FII’s and 1.4 K Short contracts were covered by FII’s. Net Open Interest increased by 9.9 K contract, so fall in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bank Nifty formed an inside bar pattern and we have important time cycle coming on 02 Aug and also Monetary policy tommrow so we should see impulsive move, Bulls need to start getting cautious as we are approaching the zone of resistance of 27889-27936, where we can see profit booking. Bearish… Read More »
FII’s bought 1 K contract of Index Future worth 242 cores ,3.9 K Long contract were added by FII’s and27.8 K Short contracts were added by FII’s. Net Open Interest increased by 6.7 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 »