FII’s sold 7.2 K contract of Index Future worth 695 cores ,4.1 K Long contract were added by FII’s and 11.4 K Short contracts were added by FII’s. Net Open Interest increased by 15.6 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 Now Bull need a close above 27920 for a move back to 28064/28225/28350. Bearish below 27740 for a move back to 27650/27496. Bank Nifty opened with gap up above 27920 made low of 27953 and did 1 target of 28064 and closed above it. Now Bulls need a close above… Read More »
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 »