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 »
As Discussed in Last Analysis So we did another upside target of 27772/27900, Now Bulls need to start getting cautious as we are approaching the zone of resistance of 27889-27936, where we can see profit booking. Bearish below 27610 only for a move back to 27500/27300/27216. Bank Nifty formed an inside bar pattern and we have… Read More »
As Discussed in Last Analysis Bank Nifty did a good follow up on breakout and did our 1 target of 27648 and closed well above 27504. Now we might see some consolidation in coming week but till we are holding 27504 we can continue rally towards 27720/27900/28080 . Bearish below 27360 for a move back to… Read More »
FII’s bought 8.5 K contract of Index Future worth 711 cores ,18.1 K Long contract were added by FII’s and 9.6 K Short contracts were added by FII’s. Net Open Interest increased by 27.6 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 Bank Nifty gave us the big move as per our expectation and did all our target on expiry day,Now Bulls need to close above 27504 for a move towards 27648/27720/27900/28080 in August Series. Bearish below 27000 for a move back to 26930/27784/26640/26496. Bank Nifty did a good follow up on breakout… Read More »
As Discussed in Last Analysis Nifty made high of 11157 still unable to break the life high of 11172, Bulls need to close above 11184 for the next move towards 11232/11290/11376.Bearish only below 11060 for a move back to 11025/10970/10920.Nifty look for a big move in next 2 days based on time analysis. Nifty hit… Read More »