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 »
As discussed in Last Analysis Low made was 25795 but close was above 25832 suggesting bulls are in control and see another up move towards 25920, but today is another day we went above 25920 but again failed to close above it. Bulls need a close above 25920 for the next move towards 26064/26300. Bearish… Read More »
CANARA Bank Positional Traders can use the below mentioned levels Close above 389 Target 401 Intraday Traders can use the below mentioned levels Buy above 386 Tgt 389,392 and 396 SL 384 Sell below 381 Tgt 378,374 and 370 SL 384 Canfin Home Positional Traders can use the below mentioned levels Close above 485… Read More »
As discussed in Last Analysis Bank Nifty opened gap down made low of 25673 bulls again protected 25620, and also as soon as 25832 was taken out we did the first target of 25920. Also we saw the trending move as per our expectation. We are very close to our sacred number of 25920, Bulls… Read More »
FII’s bought 4.8 K contract of Index Future worth 348 cores ,4.5 K Long contract were added by FII’s and 290 Short contracts were covered by FII’s. Net Open Interest increased by 4.2 K contract, so rise in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to Short… Read More »
As discussed in Last Analysis Low made today was 25620 so Bulls protected 25612 and High made was 25838 and bears protected 25832, so bank nifty trades between the high and low of trend change date and consolidation continues for 5 days, Testing time for traders, this kind of markets test the mental strength of… Read More »