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 »
As discussed in Last Analysis Bank Nifty failed to close above 23300, but managed to hold the gann angle where it did breakout, holding the same attempt will be made to move towards 23300/23600. Bearish below 22900 for a move towards 22740/22500. Bank Nifty continue to hold on to its gann angle level as shown… Read More »
FII’s bought 17.6 K contract of Index Future worth 1208 cores ,21.4 K Long contract were added by FII’s and 3.8 K Short contracts were added by FII’s. Net Open Interest increased by 25.2 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 closed above 23300 suggesting bulls are having upper hand and can push bank nifty all the way till 23600/23800/24000. Bearish below 22900 only. Bank Nifty failed to close above 23300, but managed to hold the gann angle where it did breakout, holding the same attempt will be made… Read More »
Last Week we gave Chopad Level 22820 Bank Nifty gave Short on Monday which did 2 Chopad Target thus rewarding disciplined Chopad Traders, Longs on Thursday rewarded chopad followers again as did 3 target on upside. Lets see how to trade in coming week as we approach the last week of May month. Bank Nifty… Read More »
FII’s bought 11 K contract of Index Future worth 884 cores ,1 K Long contract were liquidated by FII’s and 12.1 K Short contracts were liquidated by FII’s. Net Open Interest increased by 13.2 K contract, so rise in market was used by FII’s to exit long and exit short in Index futures. FII’s Long to… Read More »
As discussed in Last Analysis Low made today was 22570 and as soon as 2274o was broken the big move started with leap and bounds and did the both target 22900/23110.From June Series perceptive bank nifty bulls need a close above 23300 for the next move towards 24100. Bearish below 22900 for a move towards… Read More »
As discussed in Last Analysis Below 22600 we can see down move towards 22450, Below 22450 we can see fast fall towards 22180/22000 . Bullish above 22740 for a move towards 22900/23110. Bank Nifty opened above 22600 made high of 22674 so failed to move near 22740 but as soon as 22600 was broken bears… Read More »