As Discussed in Last Analysis As we have expiry tommrow Hourly close below 26352 can see fast move towards 26210/26064. Bullish above 26500 for a move back to 26640/26744. Bank Nifty did 26210 below 26352. Now as new series will start, Bulls need a close above 26352 for a move back to 26496/26640. Bearish below… Read More »
Voltas Intraday Traders can use the below mentioned levels Buy above 536 Tgt 539,542 and 546 SL 534 Sell below 532 Tgt 529,525 and 521 SL 535 Cadila Health care Intraday Traders can use the below mentioned levels Buy above 390 Tgt 393,396 and 399 SL 393 Sell below 383 Tgt 378,375 and… Read More »
FII’s sold 3 K contract of Index Future worth 10 cores ,5.6 K Long contract were added by FII’s and 8.6 K Short contracts were added by FII’s. Net Open Interest increased by 14.2 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 Bank Nifty bulls failed to hold 26640 and bears were able to break 26600 but closed above it partially also gann angle is proving to be a strong resistance as shown in below chart. Bullish above 26640 for a move back to 26744/26920. Bearish below 26496 for a move towards 26352/26210.… Read More »
As Discussed in Last Analysis Bear got active below 26450 and low made was 26364 near our target of 26352 and once 26555 was taken our rallied and did 2 target, so we got the range expansion on gann time analysis date. Now till 26640 is held bulls will have upper hand and can rally… Read More »
Last Week we gave Chopad level of 10825 Nifty gave Short entry on Monday did 2 target on downside so GOOD week for chopad followers. High made for the week was 10834 just near to our Chopad level of 10825 and whole week Nifty remained below our chopad level. Lets see how we trade nifty… Read More »
FII’s bought 2.1 K contract of Index Future worth 267 cores ,2 K Long contract were added by FII’s and 65 Short contracts were covered by FII’s. Net Open Interest increased by 1.9 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… Read More »
FII’s sold 12.7 K contract of Index Future worth 1247 cores ,794 Long contract were added by FII’s and 13.5 K Short contracts were added by FII’s. Net Open Interest increased by 14.2 K 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 »
As Discussed in Last Analysis 19 is an important time cycle date. High made today was 26448 so bank nifty bears were on frontfoot as we were below 26450 and did 2 target on downside.Below 26210 we can continue to see fall towards 26000-26025 where we have gann angle support, Again time analysis helped in… Read More »
As Discussed in Last Analysis High made today 26477 so bank nifty bulls were not above to break 26500 and below 26450 bears were active and made low of 26322 near our target of 26322. Plan remains the same Bullish above 26500 for a move back to 26640/26773. Below 26450 bears can move down and do… Read More »