As discussed in Last Analysis Low made today was 23476 so bulls protecting the lower end of 23472 and continue to move higher towards 23760/23904 and we got the expected move as per geometric cycle. High made today was 23710 so we are nearing in our next target of 23760. Bearish below 23400 for a… Read More »
As discussed in Last Analysis So as 23300 is held we will make another upmove towards 23450-23616-23760. Bearish below 23100 for a move towards 22800-22500. High made today was 23536 new life high, Low made today was 23381 so bank nifty bulls protecting 23300 range. Till the low of 23300 protected bank nifty can continue… Read More »
FII’s sold 2.6 K contract of Index Future worth 199 cores ,2.4 K Long contract were liquidated by FII’s and 258 Short contracts were added by FII’s. Net Open Interest decreased by 2.1 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 So as 23300 is held we will make another upmove towards 23450-23616-23760. Bearish below 23100 for a move towards 22800-22500. High made today was 23494 new life high so bank nifty again did the move from 23300 to 23450 so range bound move continues. Low made today was 23350 so… Read More »
Last Week we gave Chopad Level 22820 Bank Nifty gave Long on Monday which got stopped out and Short were triggered on Monday which did 1 Chopad Target thus rewarding disciplined Chopad Traders, Next 2 Traders again were stopped out as bank nifty was trading in small range, so a tough week for chopad followers… Read More »
OOPS trading System can be used for pattern applicable on ALL time frames, 1 minute, 5 minutes, hourly, daily, weekly, monthly or yearly stock market trading systems History: Back in 1979 Larry Williams published a description of a short-term trading method that is based on a pattern observed often in markets. The OOPS signal is… Read More »
As discussed in Last Analysis Bulls holding 23300 can see another upmove towards 23450-23500/ 23669. Bearish below 23100 for a move towards 22800-22500. Bank Nifty opened with gap near and made high of 23453 near our target of 23450 and saw a small correction and Low made today was 23308 bank nifty bulls continue to… Read More »
As discussed in Last Analysis Bulls needs to hold the range of 23280-23300 for the upmove towards 23600-23700. Bearish below 23000 for a move towards 22800-22500. Low made was 23224 but closed above 23310 so bulls held on to the range of 23280-23300 and also held the gann angle as shown in below chart, so the… Read More »
FII’s bought 15.8 K contract of Index Future worth 1129 cores ,14.4 K Long contract were added by FII’s and 1.3 K Short contracts were liquidated by FII’s. Net Open Interest increased by 13 K contract, so rise 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 Bank Nifty continue to hold on to its gann angle level as shown in below chart and bounced and made the high of 23337 and closed above 23000. So Bulls bounced from gann angle and also closed above 23300 suggesting we can see a rally towards 23500-23600. Bearish below 22900… Read More »