FII’s bought 3.3 K contract of Index Future worth 211 cores ,6.1 K Long contract were added by FII’s and 2.8 K short contracts were added by FII’s. Net Open Interest increased by 9 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Why Traders are… Read More »
Bank Nifty continue to trade near the gann angle and in range of 18200-18700, this range should get broken once the RBI Credit Policy will be declared on 07 Dec. Traders should watch for break of 18700 on upside for a target of 19000/19300. Bears will get active below 18150 for a move towards 17800/17750.… Read More »
Bank Nifty continue to trade near the gann angle and in range of 18200-18700, this range should get broken once the RBI Credit Policy will be declared on 07 Dec. Traders should watch for break of 18700 on upside for a target of 19000/19300. Bears will get active below 18150 for a move towards 17800/17750.… Read More »
Technical analysis includes a broad array of technical indicators and ways to analyze price history, but one of the best kept secrets of technical analysis is a rather simple, but extremely powerful price action signal called the pin bar. The pin bar was first coined by Martin Pring, a famous technician in his own right. … Read More »
FII’s bought 11 K contract of Index Future worth 707 cores ,10.2 K Long contract were added by FII’s and 0.8 K short contracts were liquidated by FII’s. Net Open Interest increased by 9.4 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. Why Traders are… Read More »
As discussed in last analysis Now Bulls need a close above 18700 for a move towards 19000/19300. Bears will get below 18400 for a move towards 18200. High made today was 18713 and low made was 18389 so bulls and bears both were unsuccessful in breaking the range on either side. 18700 is near the… Read More »
FII’s bought 10.6 K contract of Index Future worth 658 cores ,7.6 K Long contract were added by FII’s and 2.9 K short contracts were liquidated by FII’s. Net Open Interest increased by 4.7 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. Why Traders are… Read More »
As discussed in last analysis Price has been near gann angles from past few days sugesting trending move is round the corner, Bulls will get active above 18400 for target of 18700/19000 and bears below 18200 for a move towards 18000/17910. Bank Nifty gave a trending move as we expected again Gann Analysis gives an… Read More »
FII’s bought 10.1 K contract of Index Future worth 615 cores ,10.7 K Long contract were added by FII’s and 0.5 K short contracts were added by FII’s. Net Open Interest increased by 11.3 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Why Traders are… Read More »
As discussed in last analysis Bank Nifty again took support at the gann angles as shown in below chart, Gann angles has provided support 3 times in past few days, Bulls should push the prices above 18400 for a move towards 18669/18800 else the support will be broken . High made today was 18427 so bulls… Read More »