As discussed in Last Analysis Now if we close above 21700 we can see next move towards 21797 which is an important resistance zone and above it fast move towards 22000-22100. Bearish below 21500 for a move towards 21400/21350. We were able to capture a 800 pointer from 20870, When price and time meets it… Read More »
As discussed in Last Analysis Now if we close above 21700 we can see next move towards 21797 which is an important resistance zone and above it fast move towards 22000-22100. Bearish below 21500 for a move towards 21400/21350. We were able to capture a 800 pointer from 20870, When price and time meets it… Read More »
FII’s bought 11.7 K contract of Index Future worth 754 cores ,39.9 K Long contract were added by FII’s and 28.2 K Short contracts were added by FII’s. Net Open Interest increased by 68.2 K contract, so rise in market was used by FII’s to enter long and enter short in Index futures. The Benefits of… Read More »
As discussed in Last Analysis Bank Nifty made high of 21174 near our 3 target 21205 so traders who went long above 20870 were rewarded handsomely again.Bank Nifty did the weekly close above 21000 which will go well for the current bullish move. Bulls needs to hold now 21050 for the move towards the life… Read More »
Arvind Positional Traders can use the below mentioned levels Close below 395 Target 385/377 Intraday Traders can use the below mentioned levels Buy above 400 Tgt 403, 406 and 409 SL 398.5 Sell below 395 Tgt 391,388 and 385 SL 397 CESC Positional Traders can use the below mentioned levels Close below 830 Target 802… Read More »
As discussed in Last Analysis Long above 21300 for a move towards 21450/21500. Bearish below 21000 for a move towards 20800/20600. High made today was 21202 and low made was 21084 so we continue to trade in the range, We are also approaching the gann angle support so if 21000-21040 range is held we can… Read More »
As discussed in Last Analysis Long above 21300 for a move towards 21450/21500. Bearish below 21000 for a move towards 20800/20600. High made today was 21336 and low made was 21127 so bulls broke 21300 with gap up but bears became active and pushed the bank nifty below 21300, but bulls also did not let… Read More »
As discussed in Last Analysis 21000 will become an important support on lower side, break of 21000 can see fast move towards 20900/20750. Higher side move above todays high of 21274 can see fast move towards 21400/21500 where is gann angle resistance. Bank Nifty made low of 21063 and high made today was 21216 so… Read More »
As discussed in Last Analysis Bank Nifty continue to hold its gann 1×1 angle, before the crucial election results and can head towards 21500/22000 as per gann angles next resistance as shown below. Traders following the analysis should have made good money in todays gap up, as price was holding gann angle 1×1 and showed the… Read More »
As discussed in Last Analysis As per gann angle chart give below bank nifty is at crucial juncture and a move of 500-800 points is on cards, so traders should look for breakdown below 20400 and breakout above 20750. Bank Nifty made todays low near the gann support line as shown in below chart, Holding the… Read More »