As Discussed in Last Analysis Finance Nifty has formed the third higher high and higher low on the daily chart, and the price has closed just at the level of the Outside Bar that was formed on August 3rd. For Bulls to maintain control, a close above 20,100 is crucial. Failure to achieve this could… Read More »
Foreign Institutional Investors (FII) showed a Bearish approach in the Index Futures market by SELLING 5565 contracts worth 511 crores, resulting in an increase of 10349 contracts in the Net Open Interest. FIIs bought 2392 long contracts and added 7957 short contracts, indicating a preference for SHORTING new positions. With a Net FII Long Short… Read More »
Union Budget 2023 will be presented on 01 Feb by Honorable Finance Minister Shri Nirmala Sitharaman ji. The mood in the market is quite sour due to Adani Saga , the Bank Nifty is down almost 4732 points from all time High of 44151 on 14 Dec 2022. Market is going into Budget with Minium… Read More »
Union Budget 2023 will be presented on 01 Feb by Honorable Finance Minister Shri Nirmala Sitharaman ji. The mood in the market is quite sour due to Adani Saga , the Bank Nifty is down almost 4732 points from all time High of 44151 on 14 Dec 2022. Market is going into Budget with Minium… Read More »
As discussed in Last Analysis Bank Nifty saw a decent decline in intraday and saw a swift recovery also, a typical charecterstic of Neptune plannet (This planet can be tricky and must be watched carefully). Price for 2 day has closed below gann angle. Today Mars is going in extreme declination. Mars Plannet adds energy… Read More »
As Discussed in Last Analysis It was total setiment changed caused by Mars Saturn aspect as Bank Nifty is back to Monday Low. We have gap open between 37200-37500 which can get filled today. For Swing Traders Bulls need to move above 37707 for a move towards 37901/38094/38288 Bears will have chance below 37479 for… Read More »
FII sold 22.3 K contract of Index Future worth 1999 cores, Net OI has decreased by 7.2 K contract 14.7 K Long contract were covered by FII and 7.5 K Shorts were covered by FII. Net FII Long Short ratio at 2 so FII used fall to exit long and enter short in Index Futures.… Read More »
We have formed bottom on 27 Jan as per Bayers Rule disucced in last analysis Important Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes. is in effect today so watch out for first 15 mins High and Low and… Read More »
FII bought 15.1 K contract of Index Future worth 1295 cores, Net OI has increased by 20.3 K contract 2.8 K Long contract were added by FII and 12.2 K Shorts were COVERED by FII. Net FII Long Short ratio at 0.47 so FII used rise to ENTER Longs and exit Shorts. One of the… Read More »
Last Week we gave Chopad Level 17508 Nifty Bears were able to do all target on DOWNSIDE so Excellent Week for Chopad Followers as Mars and Mercury Ingress and 3 Bayers Rule Lead to big fall in Indices. Coming Week we will have Union Budget on 01 so exciting week coming ahead. Important Links How… Read More »