As discussing in past analysis Bank Nifty opened gap up above 18100 at 18250 suggesting bulls were in command, Now Bulls should above 18300 on closing basis for next move towards 18768/19000. Bank Nifty made high of 18684. Now the range of 18758-18898 is very crucial range where bulls should book profit. Weekly close above 18768 can… Read More »
FII’s bought 17.4 K contract of Index Future worth 1126 cores ,19 K Long contract were added by FII’s and 1.6 K short contracts were added by FII’s. Net Open Interest increased by 20.7 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. How Long Does… Read More »
As discussing in past analysis We has 4 small days near gann horizontal line suggesting big move in round the corner. Also as per Supply demand analysis close below 17955 can see sharp decline towards 17800/17650.Bullish only on close above 18100 looking at current price action, Bearish below 17400 in between will be range bound move.… Read More »
FII’s sold 3.8 K contract of Index Future worth 221 cores ,456 Long contract were added by FII’s and 4.2 K short contracts were added by FII’s. Net Open Interest increased by 4.7 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. How Long Does It… Read More »
As discussing in past analysis Close above 18051 is required for next move towards 18700 else bank nifty can fall towards 17700. Bearish only on close below 17420.so be extra cautious on long and if we do not see a close above 18051 today we can see decline towards 17800 in coming days. Bank Nifty failed… Read More »
Just Dial Positional Traders can use the below mentioned levels Close above 623 Tgt 644/665 Intraday Traders can use the below mentioned levels Buy above 621 Tgt 626,630 and 635 SL 617 Sell below 614 Tgt 610,605 and 600 SL 617 CESC Positional Traders can use the below mentioned levels Close above 623 Tgt… Read More »
As discussing in past analysis Close above 18051 we can see move till 18700/18900. Bearish only on close below 17450. High made today was 17074 but unable to close above 18051, Close above 18051 is required for next move towards 18700 else bank nifty can fall towards 17700. Bearish only on close below 17420.Why I fail… Read More »
Introduction The Detrended Price Oscillator attempts to filter out trend in order to focus on the underlying cycles of price movement. Detrended prices allow you to more easily identify cycles and overbought/oversold levels. The Detrended Price Oscillator (DPO) is used to remove trend from price. This is done in order to identify and isolate short-term… Read More »
In 1923, nine of the wealthiest people in the world met at Chicago’s Edge Water Beach Hotel. Their combined wealth, it is estimated, exceeded the wealth of the Government of the United States at that time. These men certainly knew how to make a living and accumulate wealth. Attending the meeting were the following men:… Read More »
As discussing in past analysis If we close above 17728 tomorrow and also gann arc we can see move towards 18000. High made today was 17975 so we almost did 18000, But till we do not close above 18051 bank nifty will trade in range of 18000-17350. Close above 18051 we can see move till… Read More »