Nifty continued with small range play stuck between 2 EMA’s as shown in 2 chart suggesting big trending move is round the corner, Now 7885 should be watched going above it can see move towards 7937/7995 . On Downside break of 7825 again will revisit 7765/7714.Bank Nifty December Series Outlook Nifty December Future Open… Read More »
Bank Nifty continued with its consolidation trading below gann trendline and signal line suggesting a big move is round the corner as prices are contracting in the triangle. Support remains at 16900 and below that 16830. Resistance at 17170 and than 17280/17466. How Professional Traders Learn From Their Trading Mistakes Bank Nifty December Future Open… Read More »
Bank Nifty continued with its consolidation trading below gann trendline and signal line suggesting a big move is round the corner as prices are contracting in the triangle. Support remains at 16862 and below that 16587. Resistance at 17170 and than 17280. Are you Trading on Skills or Luck Bank Nifty November Future Open… Read More »
Seven years after the Fed unleashed ZIRP and QE to “fix the economy”, it has finally admitted that ZIRP and QE failed to do that (although they certainly succeeded in blowing the biggest asset bubble ever), and for the past 6 months the Fed has engaged in what may be the most ridiculous case of… Read More »
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 »