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 »
FII’s sold 9.8 K contract of Index Future worth 832 cores ,7.3 K Long contract were added by FII’s and 17.1 K Short contracts were added by FII’s. Net Open Interest increased by 24.4 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 Bulls should now hold 26550-26569 range for the upmove to continue towards 26896-26928 where we have an important supply zone and also gann angle resistance. Bearish below 26500 only. High made today was 26570 exactly near our support zone of 26569 this is how gann helps in finding pin point… Read More »
Just Dial Positional Traders can use the below mentioned levels Close above 512 Target 538/555/574 Intraday Traders can use the below mentioned levels Buy above 512 Tgt 517,522 and 527 SL 507 Sell below 505 Tgt 500,492 and 485 SL 510 KSCL Positional Traders can use the below mentioned levels Close above 512… Read More »
As Discussed in Last Analysis Low made was 25638 so bank nifty did not break 25630 held on to its gann angle and gave the big move as we expected above 25776 towards 25920/26064, High made was 26073. Bank Nifty did a perfect price time squaring and we were able to capture most of the… Read More »
Adani E Positional Traders can use the below mentioned levels Close below 116 Target 111/108 Intraday Traders can use the below mentioned levels Buy above 118 Tgt 119,120 and 121 SL 117 Sell below 116 Tgt 115,114 and 113 SL 117 Jindal Steel Positional Traders can use the below mentioned levels Close… Read More »