As Discussed in Last Analysis As we have budget tommrow with loads of volatility.I have mentioned the intraday levels use them for trading. Bulls need a close above 27000 for the uptrend to continue,Below 27000 we can see quick fall towards 26780/26570. Bullish above 27455 for a move towards 27777/28000. Important intraday time for reversal… Read More »
FII’s sold 608 contract of Index Future worth 83 cores ,663 Long contract were covered by FII’s and 55 Short contracts were covered by FII’s. Net Open Interest decreased by 718 contract, so fall in market was used by FII’s to exit long and eeit short in Index futures. FII’s Long to Short Ratio at 2.3.… Read More »
As Discussed in Last Analysis Bank Nifty opened with gap down below 27485 was bearish level of 25400 was triggered and did our 1 target. Below 27250 we can fall towards 27151/27000. Bullish above 27485 for a move towards 27652/27777/28000.As we have monthly closing tommrow bulls would like to close above 27300. Bank Nifty did… Read More »
Most of the Professional traders do not choose to trade on the budget day as it involved wild swings and one bad trade can give you a big hit on your trading account but there are many traders who wait for this day to take a plunge. Most of the traders end up losing a… Read More »
Last Week we gave Chopad Level 26888 Nifty gave Long Entry as per Chopad Level on Monday rewarded did 3 Targets on upside, Awesome week for Chopad followers. Bank Nifty for the whole week did not close below chopad level of 10890.Lets see How to trade Bank Nifty in coming week as we come near confluence… Read More »
Last Week we gave Chopad Levels of 10890, Nifty gave Long Entry as per Chopad Level on Monday rewarded did 2 Targets on upside, Awesome week for Chopad followers. Nifty for the whole week did not close below chopad level of 10890.Lets see How to trade Nifty in coming week as we come near confluence… Read More »
Indian Union Budget will be presented on 01 Feb 2018 , and as discussed in previous post Nifty and Bank Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do… Read More »
Union Budget 2017 will be presented on 01 Feb by Honorable Finance Minister Shri Arun Jatielyji. 3rd Budget in the Leadership of our Beloved PM Shri Narendra Modiji. This Budget will have loads of Expectation after the Major Reform of Demonetization/GST in last year. Will it be one of Dream Budget ? Last Budget we… Read More »
Union Budget 2017 will be presented on 01 Feb by Honorable Finance Minister Shri Arun Jatielyji. 3rd Budget in the Leadership of our Beloved PM Shri Narendra Modiji. This Budget will have loads of Expectation after the Major Reform of Demonetization/GST in last year. Will it be one of Dream Budget ? Last Budget we… Read More »
FII’s sold 8.9 K contract of Index Future worth 661 cores ,11 K Long contract were covered by FII’s and 2.1 K Short contracts were covered by FII’s. Net Open Interest decreased by 13.2 K contract, so fall in market was used by FII’s to exit long and exit short in Index futures. FII’s Long to… Read More »