As Discussed in Last Analysis Bank Nifty continued its uptrend making new high of 25803 and closing above 25700. We have another time cycle date on 11 Jan so we should get good move in bank nifty towards life high till we are holding 25600 levels.Bulls need to hold 25600 for the upmove to continue… Read More »
FII’s bought 3.8 K contract of Index Future worth 291 cores ,6.3K Long contract were added by FII’s and 2.5 K Short contracts were added by FII’s. Net Open Interest increased by 8.8 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. FII’s Long to Short… Read More »
Yes Bank Positional Traders can use the below mentioned levels Close above 335 Target 343/349 Intraday Traders can use the below mentioned levels Buy above 333 Tgt 335,338 and 341 SL 331 Sell below 329 Tgt 326,323 and 320 SL 331 Equitas Positional Traders can use the below mentioned levels Close above 160 Target… Read More »
As Discussed in Last Analysis Bank Nifty bulls finally got rewarded holding 25250 and once 25400 broken we got the move till 25490 near our target of 25510. Till 25300 low of 03 Jan time cycle we can head towards 25600/25760/25920. Bearish below 25250 for a move towards 25120/24951. High made was 25643 so our first… Read More »
As Discussed in Last Analysis Bank Nifty opened with gap up above 25400 also failed to give trending move low made was 25300 so 25250 was protected again again bulls got whipsawed above 25400, Last 2 days have been very taxing for traders and mental strength is tested, eventual rewards after this sideways move will… Read More »
As Discussed in Last Analysis High made was 25426 and low made was 25233 so bank nifty bulls and bears both got whipsawed today, with bank nifty breaking both range but not giving any move. Tomorrow is another important time cycle date so we should get the trending move. No Change in Plan Bullish above… Read More »
As Discussed in Last Analysis Now we are near an important price support zone of 25250 and also near time cycle confluence of 01-03 Jan so we can see price time squaring and another good move. Bullish above 25400 for a move towards 25510/25770. Bearish below 25250 for a move towards 25120/24951. High made was… Read More »
As Discussed in Last Analysis Bulls did a close above 25510 Holding 25400 gunner support as shown in below chart,now heading towards 25770/25920. Bearish below 25400 for a move towards 25250/25101/25450. As per Yearly outlook 01-03 Jan are important date good move can be seen on those days. Bulls failed to do target of 25770, bears… Read More »
FII’s bought 11.2 K contract of Index Future worth 928 cores ,6.2 K Long contract were added by FII’s and 5.3 K Short contracts were covered by FII’s. Net Open Interest increased by 915 contract, so rise in market was used by FII’s to exit long and exit short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis 31 is important time cycle date for this year effect should be seen either tommrow or 02 Jan. Bulls need a close above 25510 for a move towards 25770/25920. Bearish below 25400 for a move towards 25250/25101/25450. Bulls did a close above 25510 Holding 25400 gunner support as shown in below… Read More »