FII’s bought 22.5 K contract of Index Future worth 1328 cores ,17.4 K Long contract were added by FII’s and 5.1 K short contracts were liquidated by FII’s. Net Open Interest increased by 12.3 K contract, so rise in Nifty market was used by FII’s to enter long and exit shorts in Index futures.Why Retail Traders… Read More »
As discussed in last analysis Till 16000 is held bulls hope are alive for a move till 16500/16700 zone. Bank Nifty made high of 16386 and low of 16160. Till 16000 is held we can move towards 16500/16700. Why Retail Traders lose money in Stock market Bank Nifty April Future Open Interest Volume is at… Read More »
As discussed in last analysis we had a 3 straight rising day so price will now move and touch the upper gann arc which comes in range of 16600-16700, Bulls should book some profit in range of 16650-16700 in coming week. Support is at 16000. Low made was 16011 and high made 16330. Till 16000 is… Read More »
As discussed in last analysis Till 15700 is held move towards 16100-16130 is very much possible, bearish only on close below 15500. Bank Nifty touched the gann arc on 11 April where we have gann time analysis also suggesting big move possible and we had a 3 straight rising day so price will now move… Read More »
Technical analysis includes a broad array of technical indicators and ways to analyze price history, but one of the best kept secrets of technical analysis is a rather simple, but extremely powerful price action signal called the pin bar. The pin bar was first coined by Martin Pring, a famous technician in his own right. … Read More »
As discussed in last analysis Closing above 15704 suggesting we can see move towards 16100-16130 zone. Low made today was 15794 and bank nifty continue to move higher. Till 15700 is held move towards 16100-16130 is very much possible, bearish only on close below 15500. We have 2 trading holidays after tomorrow close. Developing Self-Discipline… Read More »
As discussed in last analysis Breakout above 15650 and breakdown below 15450, in between will remain choppy. Low made today 15440 near gann arc, as soon as its touched Bank Nifty reacted violently moving almost 200 points in matter of minutes and bank nifty broke above 15650, and closing above 15704 suggesting we can see… Read More »
Bank Nifty today closed above 15550 but took support and resistance at gann arc as shown below, suggesting both bull and bears are in dilemma, Breakout above 15650 and breakdown below 15450, in between will remain choppy. Safest place for a ship is the harbour but it was never built to stay there…. Bank Nifty… Read More »
FII’s sold 25.6 K contract of Index Future worth 1473 cores ,23.5 K Long contract were liquidated by FII’s and 2 K short contracts were added by FII’s. Net Open Interest decreased by 21.5 K contract, so fall in Nifty market was used by FII’s to exit long and enter shorts in Index futures.Do you want… Read More »
Bank Nifty today closed below 15550 but took support at gann arc as shown below, Weekly close tomorrow Bulls will try to close above 15704 and bears below 15300 Do you want to be “Perfect” in Trading Bank Nifty April Future Open Interest Volume is at 17 lakh with liquidation of 0.60 lakh, with decrease… Read More »