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 »
FII’s bought 6 K contract of Index Future worth 436 cores ,2 K Long contract were liquidated by FII’s and 8.1 K Short contracts were liquidated by FII’s. Net Open Interest decreased by 10.1 K contract, so fall in market was used by FII’s to exit long and exit shorts in Index futures. A Person who… Read More »
FII’s sold 13.4 K contract of Index Future worth 895 cores ,5.8 K Long contract were added by FII’s and 19.3 K Short contracts were added by FII’s. Net Open Interest increased by 25.2 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Making Overnight Money… Read More »
As discussed in Last Analysis Bulls need a close 19100 for a move towards 19400 and Bears below 18950 can see move towards 18800/18750 Bank Nifty finally closed above 19100 suggesting bulls are in control and we can see move till 19420/19600. Bearish only on close below 18967. Making Overnight Money via Trading Bank Nifty Jan… Read More »