FII’s bought 6.6 K contract of Index Future worth 403 cores ,38.9 K Long contract were added by FII’s and 32.2 K short contracts were added by FII’s. Net Open Interest increased by 71.1 K contract, so today’s fall in market was used by FII’s to enter both long and shorts in Index futures. How following… Read More »
Last week we gave the Chopad level of 16650 Bank Nifty gave long entry on Monday opening and achieved 2 target on upside, and was unable to close below chopad level of 16650 on single trading session. Lets analyze how to trade market in coming week. Bank Nifty Hourly Bank Nifty trading below 21/34 EMA… Read More »
As discussed in Weekly analysis 16622 is where Shark Harmonic pattern is complete and 16648 was demand zone, Low made 16587 on Monday and 16805 on Tuesday than bank nifty was in recovery mode, Till low of 16587 Bank Nifty remains in buy on dips mode. Now Bulls need a close above 17143/17170 for a… Read More »
Deep jalte jagmagate rahe,Hum aapko aap hame yaad aate rahe, Jab tak zindagi hai,Dua hai hamari, Aap chand ki tarah zagmagate rahe. With gleam of Diyas And the Echo of the Chants May Happiness and Contentment Fill Your life Wishing you a very happy and prosperous Diwali!! May Maha Lakshmi bring you the true wealth… Read More »
FII’s sold 25.7 K contract of Index Future worth 1485 cores ,5.3 K Long contract were liquidated by FII’s and 20.4 K short contracts were added by FII’s. Net Open Interest increased by 15 K contract, so today’s fall/rise in market was used by FII’s to exit both long and add shorts in Index futures Case… Read More »
Last week we gave the Chopad level of 17370 Bank Nifty gave short entry on Monday opening and achieved 2 target on downside, and was unable to close above chopad level of 17370 on single trading session. Lets analyze how to trade market in coming week. Bank Nifty Hourly Bank Nifty trading below 21/34 EMA… Read More »
As discussed in last analysis 16886/16772/16652 are 3 levels traders needs to see on downside below today low for possible relief rally, towards 17200/17368. Low made today was 16911 and High at 17143 also closed above the gann quadrant, Now Bulls need a close above 17170 for a quick move towards 17368. Downside support at… Read More »
As discussed in last analysis Gann Time Analysis suggests we can see big move tomorrow. Gunner still suggests bears are in control till we do not close above the gann trendline. If not bank nifty will move towards 17000 odd levels.Bank Nifty obliged by giving big move and also did the gunner target on downside… Read More »
No Change in Bank Nifty analysis as we have been discussing in past few session Bank Nifty tried to move on the demand zone @17368 but for 5 day in row continued to close below it, Bulls needs to close above 17368 for a move till 17600. Gunner still suggests bears are in control till… Read More »