As discussed in Last Analysis As per time cycle analysis we should see impulsive move in next 1-2 days. Low made today was 23205 so bank nifty bulls again protected gann angle as shown in below chart,High made was 23380 still not doing out first target of 23460, hopefully should be done by tomorrow. Any close… Read More »
As discussed in Last Analysis Low made today was 23163 so bulls protected gann angle again.Bulls should target now 23460/23630 till we are holding the gann angle and also 23100. Bearish below 23100 for a move 22900/22620. As per time cycle analysis we should see impulsive move in next 1-2 days. Low made today was 23205 so… Read More »
As discussed in Last Analysis Bulls will be breakout above 23254 for a move towards 23460/23630. Bearish below 23100 for a move 22900/22620. Low made today was 23163 so bulls protected gann angle again.Bulls should target now 23460/23630 till we are holding the gann angle and also 23100. Bearish below 23100 for a move 22900/22620. As… Read More »
FII’s sold 7.4 K contract of Index Future worth 533 cores ,1.4 K Long contract were liquidated by FII’s and 6 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 Bulls will be breakout above 23254 for a move towards 23460/23630. Bearish below 23100 for a move 22900/22620. Low made today was 23144 so bulls protected gann angle again and closed above the breakout level of 23254. Bulls should target now 23460/23630 till we are holding the gann angle and… Read More »
Its been a roller coaster rise from past few trading session and many traders asked me “Can money be made in trading ?” Let me try to answer the same. Trading is always a high return high risk game and it needs nimble trading approach with tons of discipline. Traders say its the Big traders… Read More »
FII’s sold 9.2 K contract of Index Future worth 551 cores ,4.2 K Long contract were added by FII’s and 13.4 K Short contracts were added by FII’s. Net Open Interest increased by 17.7 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 Bank Nifty moved between the gann angles as shown in below chart, Breakout/breakdown will come when we either break 23100 on downside for a move towards 22900/22600. Breakout above 23476 for a move above 23630/23876. Bank Nifty broke 23100 made low of 22996 failed to do our target of 22900,recovered… Read More »
As discussed in last analysis Low made was 9474 so bulls were able to protect 9478 on downside High made was 9522 so bears did not let bull cross 9525 so we traded in a small range before June expiry,Bulls will get active above 9525 for a move towards 9565/9610. Bearish below 9470 for a… Read More »
As discussed in Last Analysis Bank Nifty made low of 23114 and high of 23322 so both bulls and bears got whipsawed after yesterday fall, as we approach expiry. Bullish above 23350 for a move towards 23600/23900. Bearish below 23100 for a move towards 22900/22600. Bank Nifty moved between the gann angles as shown in… Read More »