As discussed in Last Analysis Time Cycle will change for bank nifty on 23 July as its is Sunday so we can see effect either tomorrow or Monday. High made today was 24389 and low made was 24066 so again bank nifty did not break and again did the target of 24120/24270. Now we are… Read More »
As discussed in Last Analysis High made today was 24300 so bank nifty again did 24270 and now is heading towards the next target of 24389/24480, 24477-24480 is major resistance for bank nifty, Bearish below 23700 for a move towards 23400/23100. Time Cycle will change for bank nifty on 23 July as its is Sunday… Read More »
As discussed in Last Analysis Till we are holding 23760 bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty, Bearish below 23700 for a move towards 23400/23100. High made today was 24300 so bank nifty again did 24270 and now is heading towards the next… Read More »
As discussed in Last Analysis Bank nifty again did a close above 24000 even when nifty corrected almost 100 points, and in process did the next target of 24120. Now till we are holding 23760 bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty, … Read More »
FII’s bought 4.8 K contract of Index Future worth 325 cores ,1.9 K Long contract were added by FII’s and 2.8 K Short contracts were liquidated by FII’s. Net Open Interest decreased by 869 contract, so fall 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 Till 23760 is held bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty, Bearish below 23700 for a move towards 23400/23100.Many traders want to short market as it has gone up significantly, but let the market show some sign… Read More »
As discussed in Last Analysis Bank Nifty did a new life high above our breakout level of 23540 cool move of 400 points captured in 2 days based on time cycle ,now till we are holding 23716 we are heading towards 24025/24336. Bearish below 23700 for a move towards 23400/23100. Bank Nifty finally did our… Read More »
ICIL Positional Traders can use the below mentioned levels Close above 169 Target 178 Intraday Traders can use the below mentioned levels Buy above 168.5 Tgt 169.8, 172 and 173.3 SL 167.5 Sell below 166 Tgt 165,163 and 161 SL 167.2 Jain Irrigation Positional Traders can use the below mentioned levels Close… Read More »
FII’s sold 17.1 K contract of Index Future worth 1286 cores ,6.3 K Long contract were liquidated by FII’s and 10.8 K Short contracts were added by FII’s. Net Open Interest increased by 4.5 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 »
As discussed in Last Analysis As we have been discussing gann analysis gives you an extra edge as we have been discussing till 23300 is held bulls are in control and breakout above 23540 which did are 2 target today 23630/23720 and now bulls will wait for 2 target of 23900-24000. Bearish below 23300 for… Read More »