As discussed in Last Analysis We had a clear plan bearish below 24476 which is our sacred vedic number and has given good trades in last 2 months, was broken on 18 Oct and we have a big fall on Muhurat day with bank nifty falling and doing our target of 23963 and also moved… Read More »
FII’s bought 11.3 K contract of Index Future worth 967 cores ,7 K Long contract were added by FII’s and4.3 K Short contracts were liquidated by FII’s. Net Open Interest increased by 618 contract, so fall in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to Short Ratio… Read More »
As discussed in Last Analysis Bears need to break 24476 for a fresh leg of correction, ammunition is present as axis bank came with bad set of numbers and bulls need a close above 24720 for a move towards 24929/25000. Wishing all Readers a very very happy new year. We had a clear plan bearish… Read More »
As per my experience in trading for 10+ years , the biggest obstacles for trader long term survival is Managing risk in trading Trading on your trusted and winning trading strategy Even if you control your risk on every trade and have a trading strategy that is a winner in the long term you can… Read More »
Muhurat trading is the auspicious day on the day of Diwali is done traditionally to celebrate the Hindu New Year. It is a symbolic ritual which has been performed for years. As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings in wealth and prosperity… Read More »
As discussed in Last Analysis Bank Nifty made high of 24878 still not able to meet our target of 24912,hopefully should be done before Diwali, Close above 24928 will be big boosted for bulls and bank nifty will make new all time high as soon as we closed above 25200. Till we are holding 24500… Read More »
As discussed in Last Analysis We are up 800 points in 2 trading days showing the effect of time cycle and our scared number of 24476 as soon as it was broken big rally came and did all the targets on upside. Now till bulls are holding 24476 they will move towards 24912/25050/25200. Bearish below… Read More »
Last Week we gave Chopad Level 24270 Bank Nifty did give multiple Entry as per Chopad Level Monday Long which did 1 target on Upside,Wednesday short which gave 2 target on downside and Thursday which did all 3 targets on upside so multiple whipsaws which we saw last week were compensated and good money was… Read More »
FII’s bought11.1 K contract of Index Future worth 807 cores ,18.3 K Long contract were added by FII’s and 7.2 K Short contracts were added by FII’s. Net Open Interest increased by 25.6 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 »
As discussed in Last Analysis Time Cycle effect was visible as after 11 Oct we saw a good trend reversal move, Now bulls need to move above 24400 for a move towards 24476/24545/24731. Bearish below 24300 for a move towards 24171/23984. We are up 800 points in 2 trading days showing the effect of time… Read More »