Last Week we gave Chopad Levels of 8120, Nifty gave short entry on Monday, and did 1 target on downside and also gave long entry on Wednesday which also did 1 target. Coming week Market will start with Rexit action & will end with Brexit reaction. Impact of RaghuRam Rajan Exit on Indian Markets Nifty… Read More »
Rajan announced that he won’t be accepting second term as RBI Governor and plans to return back to academia,which might rattle both stock market and currency market. Since 1992 RBI governors are appointed for 3 years and get extension for 2 years. Mr Rajan will be the first governor who will not get extension since… Read More »
As discussed in last analysis Bank Nifty again close above just tad of 17671, as we have weekly closing tomorrow so unable to close above 17672, we can break 17500 and go all the way till 17350. Bank Nifty High made today was 17843 and low made was 17590. Bulls needs a close above 18051… Read More »
As discussed in last analysis Bank Nifty closed just a tad above 17666 suggesting we can move till 18000 if we hold on to it on closing basis. Bank Nifty High made today was 17943 so we did almost 18000 as we closed yesterday above 17666. Sticking to system always help. Bulls needs to close… Read More »
As discussed in last analysis Now next bullish move on close above 18030 for target of 18500/18758. Bearish only on close below 17500. High made today was 17720 and low made was 17575 near the gann horizontal line, break of 17500 we can see quick down move towards 17350 towards the gann red trend line. Bank… Read More »
Tata Global Positional Traders can use the below mentioned levels Close above 131 Tgt 136 Intraday Traders can use the below mentioned levels Buy above 129 Tgt 130.5,132 and 133.5 SL 128.2 Sell below 127.5 Tgt 126.2,124 and 123 SL 128.2 PFC Positional Traders can use the below mentioned levels Close below 158 Tgt… Read More »
As discussed in last analysis Now next bullish move on close above 18030 for target of 18500/18758. Bearish only on close below 17500. High made today was 17666 and low made was 17527 near the gann horizontal line, If Bulls are unable to close above 17666 in next 2 days and break of 17500 we can… Read More »
Last Week we gave Chopad Level 17670 Bank Nifty closed on Monday just 1 point above Chopad levels and did 2 target by Tuesday, Rewarding Disciplined Chopad Followers. High made for the week 18051 was the third target of Chopad Level. Lets analyses how to trade Bank nifty in coming week. Bank Nifty Hourly … Read More »
FII’s bought 5.2 K contract of Index Future worth 323 cores ,1.5 K Long contract were added by FII’s and 3.6 K short contracts were liquidated by FII’s. Net Open Interest decreased by 2 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures.THE PREGNANT DEER As discussed in… Read More »
FII’s bought11.3 K contract of Index Future worth 697 cores ,8.7 K Long contract were added by FII’s and 2.5 K short contracts were liquidated by FII’s. Net Open Interest increased by 6.1 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures.Billionaire Traders and Hedge Fund Manager As… Read More »