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 »
FII’s sold 13.1 K contract of Index Future worth 769 cores ,8.9 K Long contract were liquidated by FII’s and 4.1 K short contracts were added by FII’s. Net Open Interest decreased by 4.7 K contract, so fall in Nifty market was used by FII’s to exit long and enter shorts in Index futures.The Confident Trader… Read More »
As discussed in Last Analysis We are at a very crucial junction for next 2 days, as we are near supply zone of 15700 and also near gann arc, Holding the same we will again bounce towards 16000/16300, break of same we will be going back towards 15300. Bank Nifty today closed below the demand… Read More »
FII’s sold 22.2 K contract of Index Future worth 1224 cores ,13.6 K Long contract were liquidated by FII’s and 8.5 K short contracts were added by FII’s. Net Open Interest decreased by 5 K contract, so fall in Nifty market was used by FII’s to exit long and enter shorts in Index futures.Are you Victim… Read More »
FII’s bought 1.4 K contract of Index Future worth 97 cores ,5.9 K Long contract were added by FII’s and 4.5 K short contracts were added by FII’s. Net Open Interest increased by 10.4 K contract, so rise in Nifty market was used by FII’s to enter long and enter shorts in Index futures.Are you Victim… Read More »
Rel Infra Positional/Swing Traders can use the below mentioned levels Close above 556 Tgt 576/589 Intraday Traders can use the below mentioned levels Buy above 558 Tgt 565,570 and 575 SL 555 Sell below 552 Tgt 548,544 and 539 SL 556 LT Positional/Swing Traders can use the below mentioned levels Close above 1242 Tgt 1280/1310… Read More »
Last Week we gave Chopad Level 15710 Bank Nifty gave Long Entry on Wednesday and did 1 target on upside , Lets analyze how to trade Bank Nifty in coming Week. Bank Nifty Hourly As discussed last week Bank Nifty held on to channel and above 21/34 ema, continuing bullish trend, Now close above… Read More »
In Continuation with Previous Article Trade using TRIN Overbought and Oversold As shown in above chart,For the S&P 500 Index between Feb 2015 and July 2015, a reading of 2.0 or higher typically indicated a short-term bottom was close at hand, and the price was due for at least a bit of upside movement. Traders… Read More »