FII’s bought 9.6 K contract of Index Future worth 767 cores ,7.5 K Long contract were added by FII’s and 2 K Short contracts were covered by FII’s. Net Open Interest increased by 5.4 K contract, so fall in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to… Read More »
As discussed in Last Analysis Bulls were stopped out, Time Cycle date showed it effect as soon as 25320 was broken bears took the charge and did our target of 25100 low made was 25108. Now bears need a close below 25100 for a the next down move towards 24920/24800. Bullish above 25250 for a… Read More »
As discussed in Last Analysis Now Bulls need a close above 25390 for the next leg of upmove towards 25520/25670/25920. Bearish below 25100 for a move towards 24950/24800. Bank Nifty bulls were able to close above 25390 so bulls are heading towards 25520/25670/25920. Bearish below 25320 for a move towards 25100. Tomorrow is important time cycle… Read More »
FII’s sold 7 K contract of Index Future worth 744 cores ,1 K Long contract were covered by FII’s and 6 K Short contracts were added by FII’s. Net Open Interest increased by 4.9 K contract, so rise 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 Bulls need a close above 25100 for a move towards 25370/25500.Bearish below 24780 only. High made today was 25370 so bulls did the as bank nifty opened gap up above 25100. Now Bulls need a close above 25390 for the next leg of upmove towards 25520/25670/25920. Bearish below 25100 for… Read More »
As discussed in Last Analysis Now tommrow being weekly expiry range of 24780-800 is very important, break of the range and we will fall till 24476 as we are trading below the gann angle. Bullish above 25100 only. Bank Nifty bulls held on to 24800 and saw a good bounced back,but again failed to close… Read More »
As discussed in Last Analysis Fresh shorts should be taken below 24920 for a move towards 24780-800 where strong support lies. Bullish above 25150 for a move towards 25300/ 25450. High made was 25077 so bulls did not get activated bears below 24920 did 24813. Now tommrow being weekly expiry range of 24780-800 is very important,… Read More »
As discussed in Last Analysis High made today was 25441 so bulls were unable to break 25488 and bears as soon they broke 25300 did the first target of 25150 as low made was 25152. Till we are below 25250 we can correct all the way towards 25000.24800. 24780-24800 is important support zone so if… Read More »
As discussed in Last Analysis We got the expected expiry fireworks with bank nifty correcting more than 450 points, Bank nifty opened gap down below 25750 and did all targets on downside. This is how gann angle, combined with arc and time helps us in capturing big move, Now for December series 25488 will play… Read More »
As discussed in Last Analysis Range of 25920-25750 is the neutral zone, breakout/breakdown when this range breaks. In Between the range buy lower sell higher. Bulls need a close above 25920 for the next move towards 26064/26300. Bearish below 25750 for a move towards 25620/25488/25350. As we have expiry tomorrow and bank nifty near gann… Read More »