As discussed in Last Analysis Bank Nifty opened gap down bounced from 18200 again for a move towards 18500. So the range trade continues in bank nifty for 18 days in a row, more its will trade in the range bigger will be the breakout above 187000 or breakdown below 18200. Weekly close tomorrow bulls… Read More »
FII’s sold 24.5 K contract of Index Future worth 1520 cores ,23.8 K Long contract were liquidated by FII’s and 682 short contracts were added by FII’s. Net Open Interest decreased by 23.1 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Psychological mistakes that Affect… Read More »
As discussed in Last Analysis High made today was 18480 so bulls were not able to break 18500 and bears of 18400 bears attacked and pushed nifty towards 18322 near our target of 18280. Its been 18 days bank nifty has traded in this range of 500 points, as time cycle is changing tomorrow expect… Read More »
Tata Power Positional Traders can use the below mentioned levels Close below 78 Target 76 Intraday Traders can use the below mentioned levels Buy above 78.5 Tgt 79.2, 79.8 and 80.8 SL 78 Sell below 77.5 Tgt 76.5,76 and 75 SL 78 Tata Communication Positional Traders can use the below mentioned levels Close below… Read More »
As discussed in Last Analysis Break of 18500 will see another up move towards 18700. On Downside break of 18400 will see downmove towards 18280/18200. High made today was 18480 so bulls were not able to break 18500 and bears of 18400 bears attacked and pushed nifty towards 18322 near our target of 18280. Its… Read More »
FII’s bought 3.7 K contract of Index Future worth 235 cores ,4.4 K Long contract were added by FII’s and 0.7 K short contracts were added by FII’s. Net Open Interest increased by 5.1 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. How To get… Read More »
As discussed in Last Analysis still bank nifty is not able to break the range of 18200-18700 ,Bank nifty opened gap down again the range of 18700-18200 not broken, unable to close above 18700 again a move back towards 18200. Bank Nifty continue to trade in range from past 17 trading sessions, till we do not… Read More »
FII’s sold 1.1 K contract of Index Future worth 60 cores ,2 K Long contract were liquidated by FII’s and 0.9 K short contracts were liquidated by FII’s. Net Open Interest decreased by 2.9 K contract, so fall in market was used by FII’s to exit long and exit shorts in Index futures. The little woman… Read More »
As discussed in Last Analysis Bank Nifty again bounced from gann angles support zone as we have been discussing from past many sessions even after RBI policy Bank Nifty was unable to close below 18200, still we are in range of 18200-18700 till the range is not broken buy support around 18200 sell resistance near… Read More »
As discussed in Last Analysis Bank Nifty broke 18150 but quickly recovered and again closed above 18200 and gann angle suggesting still the range was not broken. Till we are trading in range of 18200-18700 Buy support and Sell resistance is the best strategy. Bank Nifty again bounced from gann angles support zone as we… Read More »