As Discussed in Last Analysis High made today was 26766 so we did 2 target again and are up 500 points from the low on time analysis date. Now Bulls need a close above 26640 for a move towards 26773/26920. Bearish below 26352 for a move towards 26210/26064. Bank Nifty opened gap down but whipsawed… Read More »
FII’s bought 2 K contract of Index Future worth 100 cores ,8.4 K Long contract were added by FII’s and 6.3 K Short contracts were added by FII’s. Net Open Interest increased by 14.7 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis High made today was 26425 so bulls almost did our target of 26435 and we also saw the expected move on the astrological date. Now till today low is not broken bulls will have advantage and can push index towards 26640/26784/26920. Bearish below 26150 for a move towards 26000/25920. High… Read More »
As Discussed in Last Analysis 06 June is an important astrological date around which bank nifty has formed a bottom in past and also we are near gann angle support as shown in below chart, so till we are holding 26200 bulls can see a bounce back towards 26500/26640/26920.. As tommrow is important date and… Read More »
Escorts Positional Traders can use the below mentioned levels Close above 898 Target 920/932 Intraday Traders can use the below mentioned levels Buy above 898 Tgt 904 ,910 and 920 SL 893 Sell below 888 Tgt 882,876 and 870 SL 892 Just Dial Positional Traders can use the below mentioned levels Close below… Read More »
FII’s sold 4.7 K contract of Index Future worth 498 cores ,3.8 K Long contract were added by FII’s and 8.6 K Short contracts were added by FII’s. Net Open Interest increased by 12.4 K contract, so fall 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 06 June is an important astrological date around which bank nifty has formed a bottom in past and also we are near gann angle support as shown in below chart, so till we are holding 26200 bulls can see a bounce back towards 26500/26640/26920.Bearish below 26200 for a move towards… Read More »
FII’s bought 6.3 K contract of Index Future worth 553 cores ,5.3 K Long contract were added by FII’s and 994 Short contracts were liquidated by FII’s. Net Open Interest increased by 4.3 K contract, so fall in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis Now bulls need a close above 27072 for the next round of up move towards 27216/27360 where we see the next gann resistance, Above which we can do 27756/27789. Bearish below 26920 for a move towards 26784/26640. As soon as 26920 was broken bears were on front seat and made… Read More »
As Discussed in Last Analysis Bank Nifty opened gap down took support near 26000 and bounced back, Now bulls need to see a close above 26352 for a move back to 26496/26640/26777. Any break of 26208 can see fast decline towards 26064/25920/25776/25600. Low made today was 26354 so again bank nifty respected our level of 26352… Read More »