As discussed in Last Analysis Day for consolidation bank nifty traded in small range and made new life high and held on to 25400. Till 25200 is held bulls need to hold position and we can move towards 25832/25920/26154. 25832-25850 is an important zone as its gann resistance level. Bearish only on close below 25150 only.… Read More »
FII’s sold 9.9 K contract of Index Future worth 759 cores ,1.6 K Long contract were added by FII’s and 11.6 K Short contracts were added by FII’s. Net Open Interest increased by 13.2 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 »
As discussed in Last Analysis Time cycle helped us again in capturing the range breakout as we discussed yesterday,Price also bounced from gann angel, Bank Nifty opened above 25050 and as soon as 25200 was crossed zoomed towards the next target of 25560, High made was 25550. Till Bulls are holding 25193 bank nifty can… Read More »
As discussed in Last Analysis Bank Nifty bounced from lower end of the gann angle and also held the time cycle low of 24798 low made today was 24808 but again failed to close above 25050. As we have monthly closing tommrow,Close above 25050 will be bullish for November month. Bullish above 25050 for next move… Read More »
FII’s bought 3.8 K contract of Index Future worth 191 cores ,3.8 K Long contract were added by FII’s and 1.5 K Short contracts were added by FII’s. Net Open Interest increased by 5.3 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 Bearish below 24928 for a move towards 24840/24600. High made today was 25186 near all time high of 25197 and our target of 25200, but still bulls are not able to close above 25050, Bulls need a close above this level for next move towards 25200/25560/25920. Bearish below 24928 for… Read More »
As discussed in Last Analysis Bank Nifty held on to gann angle as shown in the below chart and yesterday closed above 24151 and today disciplined traders were rewarded with big bang opening and did all targets, Now Bulls need a close above 25050 for the next move 25200/25560. Bearish below 24928 for a move… Read More »
FII’s sold 11 K contract of Index Future worth 1097 cores ,14.5 K Long contract were added by FII’s and 25.6 K Short contracts were added by FII’s. Net Open Interest increased by 40 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 today was time cycle turn date so Bulls will get active above 24151 for a move towards 24250/24476. Bearish below 23900 for a move towards 23750/23600. Nifty bulls closed above time cycle date high of 24151, also held on to gann angle for 3 time did the first target of… Read More »
FII’s sold 10.2 K contract of Index Future worth 657 cores ,4.3 K Long contract were liquidated by FII’s and 5.8 K Short contracts were added by FII’s. Net Open Interest increased by 1.5 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 »