Category Archives: Daily

Bank Nifty rallies 600 points above 19158,EOD Analysis

By | August 31, 2016 11:04 pm

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market.Sustaining above today’s high of 19250 bank nifty can make other move towards 19367 and close above it momentum will again come in bulls favor.… Read More »

Nifty break out of range of 247 points, EOD Analysis

By | August 30, 2016 10:40 pm

FII’s bought 31.7 K contract of Index Future worth 2066 cores ,35.2 K Long contract were added by FII’s and 3.5 K short contracts were added by FII’s. Net Open Interest increased  by 38.8  K contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures. How to recover… Read More »

Bank Nifty fires above 19360,EOD Analysis

By | August 30, 2016 9:28 pm

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market.Sustaining above today’s high of 19250 bank nifty can make other move towards 19367 and close above it momentum will again come in bulls favor.… Read More »

ICICI Bank Rel Infra HDIL Channel Analysis

By | August 29, 2016 7:45 am

ICICI bank Positional Traders can use the below mentioned levels Close above 248 Tgt 254/261 Intraday Traders can use the below mentioned levels Buy above 246 Tgt 248,250 and 252 SL 245 Sell below 244 Tgt 242.5,240 and 238 SL 245   HDIL Positional Traders can use the below mentioned levels Close below 91 Tgt… Read More »

Will Nifty Bull Hold or break 8577 tomorrow, EOD Analysis

By | August 26, 2016 12:14 am

 As discussed in Yesterday Analysis   Bulls above 8723 can see move till 8851/8900, bears below 8577 can see move till 8520/8484. Its been 22 days we have traded in range of 204 points 8517-8721, suggesting market is seeing time correction frustrating traders and hitting SL, traders who survive  this phase by applying risk and money management… Read More »

Will Bank Nifty break 19158 or 19367 for next move ?

By | August 25, 2016 10:42 pm

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market. Low made was 19282 , High near 1932, Bank Nifty bears unable to break 19158 and Bulls were unable to close above 19367 suggesting… Read More »

Bank Nifty ready for impulsive move, EOD Analysis

By | August 24, 2016 8:20 pm

As discussed in Last analysis  Bulls need close above 19367  for target of 19650/19766, Bears below 19000 for target of 18800/18500. Till 19158 is not broken its buy on dips market. As discussed before 23-24 very important date for trend change, today we saw a fast move in closing hours which suggests trend change can happen… Read More »