As Discussed in Last Analysis Bank Nifty opened with gap up and made another failed attempt to close above 27000. 27000 is very imp number and we need a close above it for bull trend to continue. Its having same important as 24389 which bank nifty was not able to close below and rallied 2000… Read More »
As Discussed in Last Analysis Low made was 25534 so bulls did not let bears break 25500,closed above 25730 as yesterday important time cycle date break of 25800 can see up move of 200-300 point easily and break of 25500 can see move of 200-300 points and also we are seeing 2 gann angle meeting… Read More »
Wishing all readers a Very Happy Diwali and Prosperous New Year. The “muhurat” trading session will be conducted for 60 minutes on 07 Nov 2018, on leading bourses NSE and BSE, to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. It would also mark the New Year for traders as… Read More »
Muhurat trading is the auspicious day on the day of Diwali is done traditionally to celebrate the Hindu New Year. It is a symbolic ritual which has been performed for years. As Diwali also marks the beginning of the New Year, it is believed that muhurat trading on this day brings in wealth and prosperity… Read More »
The “muhurat” trading session will be conducted for 60 minutes on 07 Nov 2018, on leading bourses NSE and BSE, to pay obeisance to Lakshmi, the Hindu goddess of wealth and prosperity. It would also mark the New Year for traders as per the Hindu calendar, or Samwat 2075. Muhurat Trading session: Vows Traders should… Read More »
As Discussed in Last Analysis We had trend change date today so today’s high and low are very important, Break any side can give 250-300 point easily. Bullish above 25258 for a move towards 25420/25525/25666/25811. Bearish below 24983 for a move back to 24900/24784/24666. We should be seeing a good move in bank nifty in… Read More »
As Discussed in Last Analysis Bank Nifty opened with gap down but as soon as it crossed 25130 did our 2 bullish target. Till we are holding 25150 Bulls have firepower to do 25452/25525/25610/25784. Bearish below 25100 for a move back to 25000/24920/24784. Bank Nifty did 25452 today and below 25100 did low of 25026.… Read More »
FII’s sold 18.6 K contract of Index Future worth 1434 cores ,76 Long contract were covered by FII’s and 18.5 K Short contracts were added by FII’s. Net Open Interest increased by 18.4 K contract, so fall in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to Short… Read More »
As Discussed in Last Analysis Now bulls need to hold 26352 for upmove to continue towards 26784/26928. Range of 26896-26920 is again an important supply zone. Bearish below 26350 for a move back 26200/26064. Low made was 26338 so bulls protected 26350 till we are holding 26350 bulls can continue towards 26784/26928.Range of 26896-26920 is again… Read More »
Last Week we gave Chopad Level 27555 Bank Nifty gave Long Entry as per Chopad Level on Monday got stopped out and Shorts were triggered another opportunity came on Budget day and did all 3 target on downside, Awesome week for Chopad followers. Also Bank Nifty made the High of 27652 on 29 Jan on… Read More »