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 »
As discussing in past analysis Break of 17350 on Hourly basis can lead to swift fall towards 17150/16950 and on upside close above 17722 will lead to move towards 18050. High made today was 17728, if we close above 17728 tomorrow and also gann arc we can see move towards 18000. But till we do not… Read More »
As discussing in past analysis Bulls need to close above 17600 for bullish move, bears will become active on trading below 17350 and see an impulsive downsmove towards 17150/16950. Bank Nifty made low of 17481 and high of 17626 so trading in the range and not breaking both 17600 and 17350, Bank Nifty is slowly approaching… Read More »
As discussing in past analysis Bulls needs a close above 18051 for next move 18650-18750, Bears below 17500 for move towards 17350/17055. close above gann arc can see bulls getting momentum on upside.Bank Nifty made low of 17346 before recovering but again unable to close above gann green arc as shown below. Bulls need to… Read More »