FII’s sold 4.9 K contract of Index Future worth 368 cores ,2.3 K Long contract were added by FII’s and 7.2 K short contracts were added by FII’s. Net Open Interest increased by 9.6 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Common Excuses Made… Read More »
As discussed in Last Analysis Bank Nifty continued its rally and closed above 19700, Holding 19700 bank nifty can bounce till 20000/20400. Bearish only on closed below 19360 for a move till 19140/18920. Bank Nifty gave whipsaw as it closed above 19700 but failed to give the follow upmove. Downside made low of 19561 and… Read More »
FII’s bought 8.8 K contract of Index Future worth 586 cores ,17.7 K Long contract were added by FII’s and 8.8 K short contracts were added by FII’s. Net Open Interest increased by 26.5 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. King Raghu’s story… Read More »
As discussed in Last Analysis Bank Nifty closed above 19067 suggesting bulls are in control and opened above 19100 suggesting bulls are gaining momentum and fired all guns doing target of 19500. Now bulls need close above 19700 for a move towards 20400. Bearish only on close below 19100. As i always say Gann Analysis keeps… Read More »
As discussed in last analysis Bulls are back with a bang with a close above 8432/8460 both and now holding 8432 heading towards 8555/8600. Bearish only on close below 8328. Gann Price and time Analysis helped traders to capture the move above 8432 till 8600 now bulls will head towards 8710 levles where there is… Read More »
As discussed in Last Analysis Few readers were asking importance of 18740 below is the gann angle chart with support at 18740 which worked perfectly as bank nifty now has bounced 300 points in 2 days from that support levels, We moved above 18967 today and mostly we will do 19100 tommrow high made today… Read More »
FII’s bought 5.6 K contract of Index Future worth 371 cores ,19.8 K Long contract were added by FII’s and 14.2 K short contracts were added by FII’s. Net Open Interest increased by 34.1 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. A Person who… Read More »
As discussed in Last Analysis Bulls are protecting 18967 and also for 2 day closing above 19100 suggesting they are having upper hand but need to move fast from this zone towards 19400/19600 else as soon as prices starts trading below 18967 bears will show an impulsive decline towards 18740/18500. High made today was 19072 so… Read More »
In Continuation with previous Article Introduction to Camarilla Pivot Points How to trade using Camarilla Pivot Points As we have discussed How to generate Camarilla Pivot points now let’s discuss how can we trade using them. Price Opens at/Between Support 3 and Resitance3: When the Price Opens between S3(Support 3) and R3 (Resistance 3)we… Read More »
As discussed in Last Analysis Bulls are protecting 18967 and also for 2 day closing above 19100 suggesting they are having upper hand but need to move fast from this zone towards 19400/19600 else as soon as prices starts trading below 18967 bears will show an impulsive decline towards 18740/18500. High made today was 19072 so… Read More »