As discussed last Analysis 8710-8732 is crucial range for bulls as its gann resistance and 8601-8610 is support on downside below which bears will start warming up again. Between the range choppy move continue. High made today was 8722 so bulls were unable to breach the gann resistance zone, Its been 4 trading days… Read More »
As discussed in Last analysis Bank Nifty opened gap down made high of 19725 and bears became active below 19700 and did target of 19500 and close below 19500 suggesting we can move towards 19300/19000. Low made today 19252 so 19300 also done,today low is near gann angle suggesting we can see upmove till 19700… Read More »
FII’s bought 2.7 K contract of Index Future worth 154 cores ,8.9 K Long contract were added by FII’s and 6.2 K short contracts were added by FII’s. Net Open Interest increased by 0.3 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Want to be… Read More »
Titan Positional Traders can use the below mentioned levels Close below 377 Target 373/369/364 Intraday Traders can use the below mentioned levels Buy above 381 Tgt 383, 386 and 389 SL 379 Sell below 377 Tgt 374,370 and 367 SL 379 Adani Enterprises Positional Traders can use the below mentioned levels Close above 73… Read More »
As discussed in Last analysis Close above 19511 will see next move towards 19700. Traders should watch 19700 very closely for coming week as major trend change will happen above 19700 and we can see move towards 20000/20400 on upside and unable to close above 19700 can see fast fall towards 19000 again. High made… Read More »
As discussed in Last analysis Close above 19511 will see next move towards 19700. Traders should watch 19700 very closely for coming week as major trend change will happen above 19700 and we can see move towards 20000/20400 on upside and unable to close above 19700 can see fast fall towards 19000 again. High made… Read More »
FII’s sold 1.7 K contract of Index Future worth 111 cores ,0.6 K Long contract were liquidated by FII’s and 1.1 K short contracts were added by FII’s. Net Open Interest increased by 0.5 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Why Trading is… Read More »
As discussed in Last analysis Till we are holding 19000 we can see move till 19318, momentum will come on close above 19318 for move till 19501/19732, Bears will get active below 19000 for a move till 18750. Low made today was 19162 and we did target of 19318 and momentum came above 19318 and… Read More »
FII’s sold 16 K contract of Index Future worth 1032 cores ,17.8 K Long contract were liquidated by FII’s and 1.7 K short contracts were liquidated by FII’s. Net Open Interest decreased by 19.6 K contract, so fall in market was used by FII’s to exit long and exit shorts in Index futures. Why Trading is… Read More »
As discussed in Last analysis Bulls were finally able to close above 19000 and also protected 18750 in the process as price was unable to break yesterday low, Bulls can see up move till 19318 holding low of Thursday. Momentum will come on close above 19318 for move till 19501/19732. Bears will be active only… Read More »