As discussed in Last analysis Bank Nifty closed above 19252 suggesting move till 19666 on cards till 19252 is held. Break of 19252 will lead fast move towards 19000 and below it 18750, Bank Nifty continue to hold 19252 as low made today was 19322. As Today our PM did Surgical Strike on Black Money … Read More »
Summary of the important announcement : 1. Black money issue, 500 rupees and 1000 rupees banned from Midnight. 2. ATM’s wouldn’t wouldn’t work on 9th and 10th November. Rather the withdrawal limit is Rs. 2000 only. 3. All Residents have option till 30th December 2016, to deposit their existing cash balance of 500 and 1000… Read More »
Engineer India Positional Traders can use the below mentioned levels Close above 256 Target 267 Intraday Traders can use the below mentioned levels Buy above 252 Tgt 254, 256 and 258.5 SL 250.5 Sell below 247.4 Tgt 245.4,243.5 and 240 SL 249 Infosys Positional Traders can use the below mentioned levels Close above 990 Target… Read More »
FII’s sold 3.7 K contract of Index Future worth 235 cores ,11.7 K Long contract were liquidated by FII’s and 8 K short contracts were liquidated by FII’s. Net Open Interest decreased by 19.8 K contract, so rise in market was used by FII’s to exit long and exit shorts in Index futures. Arrogance, in varied… Read More »
FII’s sold 15.3 K contract of Index Future worth 968 cores ,7.3 K Long contract were liquidated by FII’s and 8 K short contracts were added by FII’s. Net Open Interest increased by 705 contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Arrogance, in varied degrees,… Read More »
FII’s sold 6.3 K contract of Index Future worth 416 cores ,5.6 K Long contract were liquidated by FII’s and 0.6 K short contracts were added by FII’s. Net Open Interest decreased by 5 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Traders should -Specialize… 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 sold 17 K contract of Index Future worth 1117 cores ,8.2 K Long contract were liquidated by FII’s and 8.7 K short contracts were added by FII’s. Net Open Interest increased by 0.5 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. Muhurat Trading: Vows… Read More »
As discussed in Last analysis Low made today 19252 so 19300 also done,today low is near gann angle suggesting we can see upmove till 19700 and if sustained can see move till 20K, again not able to cross 19700 we can see fall till 19000 in next round of correction. Bank Nifty took support near gann… Read More »
Another greatful year, another delightful occasion of prosperity has arrived.. Sparkling it’s light and happiness to the extents of vision I wish you and your loved ones a prosperous, joyful and safe Deepawali The “muhurat” trading session will be conducted for 60 minutes today, on leading bourses NSE and BSE, to pay obeisance to Lakshmi,… Read More »