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 »
As Discussed in Last Analysis Bulls were finally able to close above 27000 and now waiting for target of 27130/27225/27316, Bank Nifty look for a big move in next 2 days based on time analysis. Bearish below 26900 for a move back to 26784/26640/26496. Bank Nifty gave us the big move as per our expectation and did… Read More »
FII’s sold 1.5 contract of Index Future worth 206 cores ,1.6K Long contract were liquidated by FII’s and 122 Short contracts were liquidated by FII’s. Net Open Interest decreased by 1.8 K contract, so fall in market was used by FII’s to exit long and exit short in Index futures. FII’s Long to Short Ratio at… Read More »
FII’s sold 16 contract of Index Future worth 35 cores ,4.8 K Long contract were added by FII’s and 4.8 K Short contracts were added by FII’s. Net Open Interest increased by 9.6 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis Bank Nifty Bulls close above 26930 and did 27040 and mostly will do target of 27064/27225 in next 2 days. Bulls need to hold 26930 for the target to come and also break above the gann angle, Bearish below 26930 for a move back to 26784/26640/26496. Bank Nifty did 27064… Read More »
Hindalco Positional Traders can use the below mentioned levels Close above 199 Target 206/212 Intraday Traders can use the below mentioned levels Buy above 197 Tgt 199,201 and 204 SL 195 Sell below 194 Tgt 192,190 and 187 SL 195.5 Jet Airways Positional Traders can use the below mentioned levels Close above 317… Read More »