As discussed in Last analysis Now Bulls again need close above 19158 for move towards 19500 and bear will get active only on close below 18500, in between its just time correction. Bank Nifty finally closed above 19000 after intraday volatility, It has been 25 days bank nifty is trading in range of 600 points … Read More »
Tata Global Positional Traders can use the below mentioned levels Unable to close above 149 Tgt 139 Intraday Traders can use the below mentioned levels Buy above 144 Tgt 146,148 and 151 SL 143 Sell below 142 Tgt 139,136 and 133 SL 143.5 STAR Positional Traders can use the below mentioned levels Holding 1110… Read More »
FII’s bought 7.7 K contract of Index Future worth 480cores ,10.9 K Long contract were added by FII’s and 3.2 K short contracts were liquidated by FII’s. Net Open Interest increased by 3.9 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. THE SHARK BAIT STORY… Read More »
As discussed in Last analysis Bank Nifty made low of 18444 unable to close below 18550 suggesting bears are still on back-foot as not able to break the market below the support zone of 18550. Bank Nifty is still unable to close above the gann falling trendline as shown in below figure, so bears need… Read More »
FII’s bought 10.6 K contract of Index Future worth 711 cores ,7.3 K Long contract were added by FII’s and 3.3 K short contracts were liquidated by FII’s. Net Open Interest increased by 3.9 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Why Traders lose… Read More »
As discussed in Last analysis Bank Nifty is bullish above 18750 for another move towards 18915/19000. Bulls need a close above 19158 for target till 19500,Bears below 18550.Bank Nifty still trading near horizontal line suggesting impulsive move on cards. Further bearishness can be seen below 18550 for move till 18280/18070. Bank Nifty made low of 18444… Read More »
Arvind Positional Traders can use the below mentioned levels Holding 290 Tgt 303/316/ Close below 288 Tgt 264 Intraday Traders can use the below mentioned levels Buy above 296 Tgt 300,304 and 310.5 SL 293 Sell below 291 Tgt 289,284 and 278 SL 293 Tata Motors Positional Traders can use the below mentioned levels… Read More »
Mindtree Positional Traders can use the below mentioned levels Close above 644 Tgt 665/699 Intraday Traders can use the below mentioned levels Buy above 644 Tgt 652,660 and 669 SL 640 Sell below 634 Tgt 627,617 and 601 SL 638 Exide Positional Traders can use the below mentioned levels Close below 178 Tgt… Read More »
Last Week we gave Chopad Level 18099 Bank Nifty gave Long entry on Monday which got Stoped out and Short entry on Monday close was 18097 below Chopad levels also did not achieved the target of 17850 as low made was 17910 but the trade was closed on positive note .Lets analyze how to trade… Read More »
Ambuja Cement Positional Traders can use the below mentioned levels Close below 254 Tgt 241/238 Intraday Traders can use the below mentioned levels Buy above 260 Tgt 262.3,265 and 268 SL 258 Sell below 256 Tgt 254,251 and 247 SL 257.5 HDFC Positional Traders can use the below mentioned levels Unable to close above… Read More »