Category Archives: Daily

Bank Nifty heading towards 20500, EOD Analysis

By | September 3, 2016 8:45 am

As discussed in Last analysis  Close above 19700 on Weekly basis can see bank nifty moving towards all time high.  Now Bulls need to hold 19700 on Weekly basis as seen in below chart of gann angles, we have closed above the important gann line, Now holding the range of 19700-19550 bank nifty can move… Read More »

Nifty Gann Angles Analysis

By | September 1, 2016 10:13 pm

FII’s bought 6 K contract of Index Future worth 364 cores ,11.6 K Long contract were added by FII’s and 5.6  K short contracts were added by FII’s. Net Open Interest increased  by 17.2  K contract, so rise in market was used by FII’s to enter long and enter  shorts  in  Index futures. Not able to… Read More »

Bank Nifty Gann Angles Analysis

By | September 1, 2016 9:20 pm

As discussed in Last analysis  Close above 19700 on Weekly basis can see bank nifty moving towards all time high.  Now Bulls need to hold 19700 on Weekly basis as seen in below chart of gann angles, we have closed above the important gann line, Now holding the range of 19700-19550 bank nifty can move… Read More »

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 »