FII’s sold 3.9 K contract of Index Future worth 274 cores ,633 Long contract were added by FII’s and 4.6 K short contracts were added by FII’s. Net Open Interest increased by 5.2 K contract, so rise in market was used by FII’s to enter long and enter long in Index futures.Calm Mind Lead to Bigger… Read More »
FII’s sold 4.2 K contract of Index Future worth 258 cores ,6.5 K Long contract were added by FII’s and 10.8 K short contracts were added by FII’s. Net Open Interest decreased by 17.3 K contract, so rise in market was used by FII’s to enter long and enter long in Index futures. Common Excuses Made… Read More »
As discussed in Last Analysis Yesterday low was at gann arc was first indication of bank nifty heading higher and today when it trading above it during budget speech was a very big confirmation. Bank Nifty had a range of 615 points as we discussed, It did not break 19360 so bearish were on back… Read More »
FII’s bought 2.7 K contract of Index Future worth 119 cores ,11.2 K Long contract were added by FII’s and 8.5 K short contracts were added by FII’s. Net Open Interest decreased by 19.8 K contract, so rise in market was used by FII’s to enter long and enter long in Index futures. Common Excuses Made… Read More »
As discussed in Last Analysis Bulls need close above 19800 for move towards 20200/20500. Bears below 19360 for move towards 19140/18920. High made was 19624 and low was 19435 so bank nifty continued to trade in range also made low near the green arc as shown in below chart. As we have budget today expect… Read More »
FII’s sold 4.3 K contract of Index Future worth 320 cores ,6.6 K Long contract were liquidated by FII’s and 492 short contracts were added by FII’s. Net Open Interest decreased by 8.9 K contract, so fall in market was used by FII’s to exit long and enter long in Index futures. Common Excuses Made By… Read More »
As discussed in Last Analysis Bulls need close above 19800 for move towards 20200/20500. Bears below 19360 for move towards 19140/18920. High made was 19624 and low was 19435 so bank nifty continued to trade in range also made low near the green arc as shown in below chart. As we have budget today expect… Read More »
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 »