As Discussed in Last Analysis Bank Nifty made high of 24933 so we did 2 target above 24476 and almost got 500 points move in 2 trading days, power of price time analysis. Bulls now need a close above 24920 another vedic number for the up move towards 25100/25250. Bearish below 24500 for a move… Read More »
As Discussed in Last Analysis Bank Nifty opened with gap low made was 24380 and as soon as our vedic number 24476 was crossed after RBI Policy we saw the big move which did target of 24666/24650, so we got the trending move above 24476 again. Today was have done price time squaring so till… Read More »
As Discussed in Last Analysis High made today was 24666 so bulls failed to do target of 24750 but as soon as 24476 broken we saw the big fall and break of 24250 added more fuel to fire doing our target of 24100 also. As we have RBI policy outcome tommrow around 2 PM Bears… Read More »
Jindal Steel Positional Traders can use the below mentioned levels Close above 222 Target 233/239 Intraday Traders can use the below mentioned levels Buy above 221 Tgt 223,225 and 227 SL 219 Sell below 218 Tgt 216,214 and 212 SL 219.5 Mindtree Positional Traders can use the below mentioned levels Close below 776… Read More »
FII’s sold 17.5 K contract of Index Future worth 1152 cores ,7.9 K Long contract were added by FII’s and 25.4 K Short contracts were added by FII’s. Net Open Interest increased by33.3 K contract, so fall in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis Low made today was 24254 so bulls protected 24250 and also closed above 24476 suggesting we can see a good upmove towards our target of 24750/24920/25000. Bearish below 24250 for a move towards 24100/24000. High made today was 24666 so bulls failed to do target of 24750 but as soon… Read More »
As Discussed in Last Analysis Bears did 24100 below 24250 but bulls were able to hold 24250 and now need to close above 24476 for the up move to continue towards higher target of 24750/24920/25000.Bearish below 24250 for a move back to 24100/23920. Low made today was 24254 so bulls protected 24250 and also closed above… Read More »
As Discussed in Last Analysis Low made was 24203 but closed above 24250 suggesting bulls have control and we can head towards 24476. Bulls need a close above 24476 vedic number for the next move towards 24750/24920/25000.Bearish below 24250 for a move back to 24100/23920. Bears did 24100 below 24250 but bulls were able to… Read More »
Last Week we gave Chopad level of 23500 as Bank Nifty opened gap up so no trade was initiated as per chopad levels. Lets see how we trade nifty in coming week as we start the new financial year. Bank Nifty Harmonic Pattern Bank Nifty is forming a bullish abcd patter with target as… Read More »
As Discussed in Last Analysis High made today was 24496 but failed to close above 24476, Bulls need a close above 24476 for another upmove of 300-500 points. Till we are holding 24250 bulls have upper hand and can rally towards 24750/24920. Bearish below 24250 for a move back to 24100/23920. Low made was 24203… Read More »