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 »
FII’s bought 1.1 K contract of Index Future worth 64 cores ,0.9 K Long contract were added by FII’s and 0.1 K short contracts were liquidated by FII’s. Net Open Interest decreased by 35.5 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. Deliberate practice… Read More »
As discussed in Last analysis Any close below 18750 can see fast move towards 18440-18314 as seen in below gann angle chart. As we have weekly closing tomorrow Bulls will try hard to close above 19000 and bears below 18750. Bulls were finally able to close above 19000 and also protected 18750 in the process as… Read More »
FII’s sold 2.3 K contract of Index Future worth 151 cores ,0.9 K Long contract were liquidated by FII’s and 1.3 K short contracts were added by FII’s. Net Open Interest increased by 400 contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Is it possible for… Read More »
As discussed in Last analysis Bear will get upperhand on close below 19451 for target of 19340/19020 and bulls above 19732. Bank Nifty bears finally broke 19451 and did the target of 19340, now trading below 19340 can see fast move towards 19185/19020. Bank Nifty bears were unable to close below 19340 suggesting bears are… Read More »
Last Week we gave Chopad Level 19250 Bank Nifty opened gap down and did not gave entry as per chopad levels , Lets analyze how to trade bank nifty in coming week. Bank Nifty Hourly Bank Nifty again failed to cross above the hourly trendline as shown in above chart,suggesting bulls are still not out… Read More »
FII’s sold 13.8 K contract of Index Future worth 892 cores ,11.4 K Long contract were liquidated by FII’s and 2.3 K short contracts were added by FII’s. Net Open Interest decreased by 9 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. The important things… Read More »