Last Week we gave Chopad level of 6873, Nifty did 1 target on upside and 1 target on downside .Lets analyze how to trade Nifty before Modiji PM swearing ceremony and expiry week. Nifty Hourly Chart Nifty Hourly charts has given a breakout above 7320 and now heading towards 7414 and 7500. Nifty Elliot Wave… Read More »
FII’s bought 7186 contract of Index Futures worth 264 cores (16.3 K longs were added and only 9.1 K shorts were added in Index Future) with net OI increasing by 25.5 K contracts.FII’s are going long in Index Futures. Nifty Hourly chart has formed a pennant pattern which suggests a breakout/breakdown is round the corner.… Read More »
FII’s bought 6428 contract of Index Futures worth 232 cores (9.3 K longs were added and 2.9 K shorts were added in Index Future) with net OI increasing by 12.2 K contracts. So FII’s going on D day with positive bias. Nifty continued with its consolidation before the D-Day Today was a perfect day of… Read More »
FII’s bought 42023 contract of Index Futures worth 1500 cores (50.3 K longs were added and 8.2 K shorts were added in Index Future) with net OI increasing by 58.5 K contracts.FII’s were big buyers today once exit polls were out yesterday. Nifty continued its run and very comfortably closed above 7100, How far this… Read More »
FII’s sold 8987 contract of Index Futures worth 300 cores (11.2 K longs were squared off and 2.2 K shorts were squared off in Index Future) with net OI decreasing by 13.4 K contracts.FII’s were square off more today. 6656 got broken and Nifty moves down to 6638 which is near 50% Fibo retracement. Any… Read More »
FII’s bought 26.8 K contract of Index Futures worth 923 cores (31.1 K longs were added and 4.3 K shorts were added for Index Future) with net OI increasing by 35.4 K contracts. So today’s FII’s continue adding longs and also added fresh shorts Index Futures. Nifty reacted from the EW target of 6838 and… Read More »
FII’s bought 6081 contract of Index Futures worth 225 cores (7.6 K longs were added and 1.5 K shorts were added Index Future) with net OI increasing by 9229 contracts. Nifty made a new life high again today 6763 ,and closed above its trendline. Nifty formed again today Hanging Man candle stick third day in row,… Read More »
FIIs bought 26292 contracts of Index Future worth 884 cores (339 Long contracts were added and 25.9 K short contract were squared off ) with net Open Interest decreasing by 25.6 K contracts, so FII’s were in square off mode in shorts. Nifty made a new life high again today 6627,and closing just above the… Read More »
FIIs bought 33307 contracts of Index Future worth 1047 (35365 Long contracts were added and 2058 short contract were added ) with net Open Interest increasing by 37423 contracts, so FII’s added marginal shorts in index future and aggressive longs were added today also. Nifty opened gap up , and quickly moved down to… Read More »
FIIs sold 3542 contracts of Index Future worth 114 (1592 Long contracts were squared off and 1950 short contract were added ) with net Open Interest increasing by 358 contracts, so FII’s added shorts in index future before vote of account. Yesterday we had discussion Nifty is entering now in demand zone of 5970-5950 which… Read More »