As discussed in last analysis Now Bulls need a close above 16792 for next move till 17000/17100. Bears will be active only below 16500 for move towards 16188. High made today was 16812 but closed just shy of 16792, one we have a close above 16792 we can see next move towards 17067. Bearish only… Read More »
HDFC Bank Positional/Swing Traders can use the below mentioned levels Close above 1131 Tgt 1159/1175 Intraday Traders can use the below mentioned levels Buy above 1131 Tgt 1136 ,1145 and 1156 SL 1127 Sell below 1124 Tgt 1117,1105 and 1095 SL 1128 Coal India Positional/Swing Traders can use the below mentioned levels Close above 281… Read More »
FII’s sold 21.9 K contract of Index Future worth 1277 cores ,19.7 K Long contract were liquidated by FII’s and 2.2 K short contracts were added by FII’s. Net Open Interest decreased by 17.5 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Stop Gambling Start… Read More »
As discussed in last analysis Bank Nifty is unable to close above the gann green arc and 16800 level, also unable to close below 16500 suggesting fight is on between bulls and bears, break of 16500 can see move towards 16350/16188 and break above 16800 can see fast move towards 17000. Low made today was… Read More »
FII’s sold 16.2 K contract of Index Future worth 984 cores ,14.2 K Long contract were liquidated by FII’s and 1.9 K short contracts were added by FII’s. Net Open Interest decreased by 12.2 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. How Priming can… Read More »
As discussed in last analysis Bank Nifty is unable to close above the gann green arc and 16800 level, also unable to close below 16500 suggesting fight is on between bulls and bears, break of 16500 can see move towards 16350/16188 and break above 16800 can see fast move towards 17000. Low made today was… Read More »
FII’s sold 23.6 K contract of Index Future worth 1340 cores ,16.1 K Long contract were liquidated by FII’s and 7.5 K short contracts were added by FII’s. Net Open Interest decreased by 8.5 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Qualities professional trade… Read More »
Bank Nifty is unable to close above the gann green arc and 16800 level, also unable to close below 16500 suggesting fight is on between bulls and bears, break of 16500 can see move towards 16350/16188 and break above 16800 can see fast move towards 17000. Qualities professional trade needs to develop Bank Nifty May… Read More »
Last Week we gave Chopad Level 16800 Bank Nifty gave Long entry on Tuesday which did 1 target on Monday Longs taken got Stopped out on Thursday and Shorts initiated on Thursday did 2 target on downside low made was 16527 which was near our 2 target of 17500. Lets analyses how to trade Bank… Read More »
FII’s sold 5 K contract of Index Future worth 268 cores ,1.1 K Long contract were liquidated by FII’s and 3.8 K short contracts were added by FII’s. Net Open Interest increased by 2.7 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures.Are You a Carrot,… Read More »