FII’s sold 4.3 K contract of Index Future worth 325 cores ,3.1 K Long contract were covered by FII’s and 1.1 K Short contracts were added by FII’s. Net Open Interest decreased by 1.9 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 bulls did the 1 target of 25555 now bulls need to hold 25450 breakout level of gann angle for the upmove to continue towards 25632/25777/25920. Bearish below 25344 for the downmove towards 25200/25050. Low made today was 25499 so bulls held on to gann angle support as shown… Read More »
FII’s bought 3.4 K contract of Index Future worth 229 cores ,5.8 K Long contract were added by FII’s and 2.3 K Short contracts were added by FII’s. Net Open Interest increased by 8.2 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 bulls need to hold 25250 and close above 25441 for the up move to continue towards 25555/25777/25920 our important vedic number. Bearish below 25200 only for a move back to 25000. Bank Nifty bulls did the 1 target of 25555 now bulls need to hold 25450 breakout level of… Read More »
FII’s bought 8.8 K contract of Index Future worth 669 cores ,12.1 K Long contract were added by FII’s and 3.2 K Short contracts were added by FII’s. Net Open Interest increased by 15.3 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 As seen below we are stuck in the range and bulls need a close above 25050 for a move towards the higher end of range ie. 25250/25400/25555. Bearish below 24920 for a move back towards 24768/24500/24220. Low made was 25050 so as soon as 25050 was broken bank nifty rallied and… Read More »
Trading psychology contributes about 60% to success and position sizing contributes another 30%. Furthermore, most traders ignore the first two areas and don’t really have a trading system. That’s why 90% of them fail. First, I would argue that trading psychology accounts for 100% of success. Why? This conclusion is based on two findings. First,… Read More »
As Discussed in Last Analysis So last 2 days we have got whipsawed on both side, it genreally happen when 2 gann angle meets and it also set base for bigger move which is bound to come. Under these time most important thing a trader has to do is control urge to take trade… Read More »
As Discussed in Last Analysis As we have expiry tommrow break of 24768 can see fast move till 24624/24480. Bullish above 24920 can see fast move till 25050/25200. 24768 was broken in first 5 mins and immediately recovered and as soon as 24920 was broken bulls did the target of 25050, High made was 25064… Read More »
FII’s bought 1.8 K contract of Index Future worth 163 cores ,9.5 K Long contract were added by FII’s and 7.7 K Short contracts were added by FII’s. Net Open Interest increased by 17.2 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 »