As discussed in Last Analysis Range of 23963-24270 will be a dicey range to trade with, So breakout trades should long above 24270 for a move till 24358/24480/24750. Bearish below 23960 for a move till 23780/23510. 04 Oct is crucial trend change date as per time cycle. Low made was 24033 and high made was… Read More »
Key data releases for October 2017 October 3 AU: Reserve Bank of Australia’s (RBA) monetary policy decision will be keenly monitored. IN: Eight Infrastructure industries performance for August will be keenly tracked. October 4 IN: Reserve Bank of India’s (RBI) monetary policy will remain key. US: ADP employment change data for September will be keenly… Read More »
REC Positional Traders can use the below mentioned levels Close above 154 Target 163 Intraday Traders can use the below mentioned levels Buy above 152 Tgt 154, 156 and 159 SL 150 Sell below 148 Tgt 146.5,145 and 143 SL 149.3 KTK Bank Positional Traders can use the below mentioned levels Close above 141 … Read More »
As discussed in Last Analysis What a day its a perfect day for trader who follow gann rules, We told to keep an eye on high and low of trend change date and as soon low was broken which was 24000 and our price level was 23963 free fall started and stopped exactly near our… Read More »
FII’s sold 10.7 K contract of Index Future worth 721 cores ,480 Long contract were covered by FII’s and 10.3 K Short contracts were added by FII’s. Net Open Interest increased by 9.8 K contract, so fall in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to Short… Read More »
As discussed in Last Analysis Its a Deja Vu trade in bank nifty today everything was so perfect High made was 24709 as soon Bank Nifty was below 24700 big fall started towards 24480, When both time and price meet big move happens, another good example we saw today, 23 Sep effect was seen today… Read More »
FII’s bought 17.7 K contract of Index Future worth 1687 cores ,12.5 K Long contract were added by FII’s and 5.1 K Short contracts were covered by FII’s. Net Open Interest increased by 7.3 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 Till 25000 is held bulls have upperhand and can push nifty towards 25281/25532. Bearish below 24940 for a move towards 24700/24480 . Low made today was 24938 so bulls again protected 24940 but failed to close above 25000, so we closed in neutral zone before the outcome of Fed policy also… Read More »
FII’s sold 12.8 K contract of Index Future worth 1028 cores ,1.8 K Long contract were liquidated by FII’s and 10.9 K Short contracts were added by FII’s. Net Open Interest increased by 9.1 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 Bulls need to hold 25000 for a move towards 25200 new life high and move towards 25281/25532. Low made was 24993 so bulls held on to 25000 again closed at 25043, Till 25000 is held bulls have upperhand and can push nifty towards 25281/25532. Bearish below 24940 for a move… Read More »