Last Week we gave Chopad Level of 15436 Bank Nifty did 1 target on upside and 1 target on downside . Lets analyze how to trade Bank Nifty in Expiry week. Bank Nifty Hourly Bank Nifty hourly charts are showing consolidation after a rise in last week, Sustaing below 15300 will suggests will invite a… Read More »
The Nifty has hit fresh all-time high of 7835, its third record in a month but the euphoria is masked by rather harsh reality. As many as 33 stocks in the Nifty basket along with CNX small cap and CNX mid-cap remained far removed from the partying crowd. The two indices have underperformed to the… Read More »
FII’s bought 7669 contract of Index Future worth 295 cores, 2.8 K Long contract were added and 4.7 K short contracts were squared off by FII’s. Net Open Interest came down by 1.9 K contract.So FII’s used today’s rise to exit the shorts and enter long positions. Nifty has been rising from past 5 trading… Read More »
Last Week we gave Chopad level of 7441, Nifty did all 3 target on upside rewarding trend follower with 200 points. Using the Golden Ratio we were able to predict the Top of Nifty around 7800 Can Nifty form short term top around 7800 ? Lets analyze how to trade Nifty in next week. Nifty… Read More »
Last Week we gave Chopad Level of 14396 Bank Nifty did all the 3 target on upside rewarding Trend Follower by 500 points.. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty hourly charts touched the gap area and started bouncing back towards the higher end. Negative divergence are… Read More »
The speculator’s chief enemies are always boring from within. It is inseparable from human nature to hope and to fear. In speculation when the market goes against you you hope that every day will be the last day — and you lose more than you should had you not listened to hope — to the… Read More »
FII’s bought 13636 contract of Index Future worth 520 cores, 6.5 K Long contract were added and 7 K short contracts were squared off by FII’s. Net Open Interest came down by 530 contract. NIfty closed above the supply zone of 7570-7585 and this zone will become support of the Nifty, Nifty was unable to cross… Read More »
FII’s bought 13.4 K contract of Index Future worth 503 cores, 4.9 K Long contract were added and 8.4 K short contracts were squared off by FII’s. Net Open Interest came up by 13.4 K contract suggesting FII are squaring off shorts at lower level. Nifty has been falling continuously 5 days in a row, now… Read More »
Last Week we gave Chopad level of 7766, Nifty did all 4 target on downside rewarding trend follower with 300 points. Using the Golden Ratio we were able to predict the Top of Nifty around 7800 Can Nifty form short term top around 7800 ? Nifty saw a decline of 3.8% last week panicking traders… Read More »
Bank Nifty corrected the most in past 15 months, so is the bull run over in Bank Nifty or its just one of the healthy correction . Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty hourly charts has started trading below the low of 16 may and is… Read More »