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 »
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 »