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 »
As discussed in past analysis Bank Nifty is still trading between the gann arcs, suggesting we should get breakout soon either on close above 18710 or below 18550 for 250-300 points move. Bulls will become active above 18720 and we can see fast move towards 18968. Bears now will become active below 18550 for a move… Read More »
Sybly Industries We have covered this stock in our last analysis, Traders can take long in range of 8-8.2 with SL of 7.7 and Target of 9.2-9.5. Stock made a High of 9.6 last Friday thus fulfilling our target. Sybly is also showing a good Year Long Breakout and Volumes have been pretty good in… Read More »
NMDC Positional Traders can use the below mentioned levels Holding 97 Tgt 102/110 Intraday Traders can use the below mentioned levels Buy above 98.2 Tgt 98.9,99.8 and 100.5 SL 97.6 Sell below 96.7 Tgt 95.8,94.7 and 94 SL 97.2 Jet Airways Positional Traders can use the below mentioned levels Close above 576 Tgt 589/597… Read More »
FII’s bought 8.4 K contract of Index Future worth 558 cores ,8.9 K Long contract were added by FII’s and 0.5 K short contracts were added by FII’s. Net Open Interest increased by 9.5 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 »
As discussed in past analysis Bank Nifty reacted from gann arc furiously , closed at 18674 below 18700 suggesting bears have become active. Now we can see fast move towards 18550 if we do not close above 18700 tomorrow for 1 hour. Bullish on close above 18780 for target of 18900/19103. Bank Nifty made low of 18551… Read More »
TCS Positional Traders can use the below mentioned levels Close above 2530 Tgt 2584/2639 Intraday Traders can use the below mentioned levels Buy above 2515 Tgt 2528,2551.5 and 2583.5 SL 2506 Sell below 2490 Tgt 2475,2445 and 2420 SL 2500 Colgate Positional Traders can use the below mentioned levels Close above 967 Tgt 987/1008… Read More »