As discussed in last analysis Now we need close above 17067 and gann Horizontal trendline for next move towards 17400, Support at 16792-16800. High made today was 17424 Bank nifty showed an impulsive move above 17067 and did 17367 in matter of hours, this is what happens once we complete time correction. Now Bulls would… Read More »
FII’s bought 58.2 K contract of Index Future worth 3343 cores ,69.9 K Long contract were added by FII’s and 11.7 K short contracts were added by FII’s. Net Open Interest increased by 81.7 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures.Trading Psychology Quotes that… Read More »
FII’s sold 6.6 K contract of Index Future worth 373 cores ,9.3 K Long contract were added by FII’s and 15.9 K short contracts were added by FII’s. Net Open Interest increased by 25.2 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures.Ways to Improve Discipline… Read More »
As discussed in last analysis If we close below 16349 tomorrow we can fall till 16000 till expiry, Bullish only on close above 16431. Low made today was 16368 so 16350 was not broken and high made was 16501 and we closed above 16431, so bulls have upper hand now and above 16500 can take… Read More »
FII’s bought 6 K contract of Index Future worth 325 cores ,9.6 K Long contract were added by FII’s and 3.6 K short contracts were added by FII’s. Net Open Interest increased by 13.3 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures.How trading brain Works… Read More »
As discussed in last analysis As we have gann trendline also near 16500, so need to be extra cautious in coming week as if 16500 get broken we can see quick downfall till 16300-16250. Bullish only on close above 16792. we need to see a follow up down move on Monday below 16431 for a fall… Read More »
FII’s sold 751 contract of Index Future worth 44.9 cores ,4.1 K Long contract were liquidated by FII’s and 3.3 K short contracts were liquidated by FII’s. Net Open Interest decreased by 7.5 K contract, so fall in market was used by FII’s to exit long and shorts in Index futures.Impossible Is Nothing As discussed in… Read More »
As discussed in last analysis As we have gann trendline also near 16500, so need to be extra cautious in coming week as if 16500 get broken we can see quick downfall till 16300-16250. Bullish only on close above 16792. We closed below 16500, fall was seen in last 30 minutes of trade, so we need… Read More »
Dear All, I got caught up with some urgent, unavoidable work, which kept me away from posting on site from last 2 days, I thanks all my lovely readers for their concern via different means of communication. Inconvenience caused is regretted. As discussed in last analysis As we have gann trendline also near 16500, so need… Read More »
Century Textile Positional/Swing Traders can use the below mentioned levels Close above 597 Tgt 610/623 Intraday Traders can use the below mentioned levels Buy above 594 Tgt 598,604 and 610 SL 590 Sell below 588 Tgt 584,576 and 560 SL 592 Ambuja Cement Positional/Swing Traders can use the below mentioned levels Holding 212 Tgt… Read More »