As discussed in Last analysis Further bearishness can be seen below 18550 for move till 18280/18070. For next 2 days close above 18814 can see fast move till 19000. Bullish above 19158 for move till 19374/19509. Bank Nifty was unable to close above 18814 and also unable to close below 18550 suggesting market taking breather before… Read More »
FII’s bought 9.8 K contract of Index Future worth 631 cores ,9 K Long contract were added by FII’s and 0.8 K short contracts were liquidated by FII’s. Net Open Interest increased by 8.2 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures. Tested Classic Stock… Read More »
As discussed in Last analysis Bearish on close below 18950 for move towards 18711. Bank Nifty moved above 19000 but came down below 18950 hitting SL on long, but short were rewarded handsomely as it did the target of 18711. Further bearishness can be seen below 18550 for move till 18280/18070. For next 2 days… Read More »
Sybly Industries We have covered this stock in our Last 2 Analysis 1 Analysis Traders can take long in range of 8-8.2 with SL of 7.7 and Target of 9.2-9.5. 2 Analysis So as per below chart Traders can take long in range of 9-9.3 with SL of 8.5 and Target of 11.5-12 . Stock… Read More »
FII’s bought 1.4 K contract of Index Future worth 84 cores ,5.2 K Long contract were added by FII’s and 1 K short contracts were added by FII’s. Net Open Interest increased by 3.5 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Enjoy your life… Read More »
As discussed in Yesterday Analysis Now the zone of 8654-8677 is crucial supply zone, closing above 8677 level again can see fast move till 8849. We have resistance zone at every 100-150 points as market has spend lot of time in this range during the 2015 year. Bearish on close below 8490 only. Holding 8577… Read More »
As discussed in past analysis Bank Nifty finally was able to close above 19000 only which as per gann suggests we are entering in next orbit and bank nifty can move till 19374/19509. Bearish only on close below 18711. Now Bulls need a close above 19158 for next move till 19374/19509. Bearish on close below 18950… Read More »
FII’s bought 5.7 K contract of Index Future worth 394 cores ,39.1 K Long contract were added by FII’s and 33.3 K short contracts were added by FII’s. Net Open Interest increased by 72.4 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Trading Lesson Learnt… Read More »
As discussed in past analysis Now Bulls need to close above 19160 for next move towards 19376, bears are active below 18711 only Bank Nifty made high of 18044, low of 18814. Holding 18780/18810 Bulls can make one more attempt to close above 19000. Bulls will be active above 19160 and bears below 18711 in between… Read More »
FII’s sold 4.1 K contract of Index Future worth 228 cores ,7.4 K Long contract were added by FII’s and 11.6 K short contracts were added by FII’s. Net Open Interest increased by 19 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Trading Lesson Learnt… Read More »