Last Week we gave Chopad level of 7589, Nifty did 1 target on upside and 1 target on downside in a highly volatile week. Movement in crude oil prices, the progress and the spread of the monsoon rains, trend in global equity markets and investment activity of foreign institutional investors will dictate near term trend… Read More »
Last Week we gave Chopad level of 7246, Nifty did 3 target on upside with a closing a record highs and breaking the 16 May high of 7564 also. Progress of monsoon rains .IIP and CPI which will be unveiled on 12 June. Lets analyze how to trade Nifty next week Nifty Elliot Wave… Read More »
FII’s sold 23.8 K contract of Index Futures worth 889 cores (20.8 K longs were squared off and 3 K shorts were added in Index Future) with net OI decreasing by 17.7 K contracts.FII’s added shorts today also and use the rise to exit the market.. As discussed in Weekly Analysis Nifty as per Gann… Read More »
FII’s sold 17.3 K contract of Index Futures worth 645 cores (7.8 K longs were squared off and 9.5 K shorts were added in Index Future) with net OI increasing by 1.7 K contracts.FII’s added shorts today aggressively . As discussed in Weekly Analysis Nifty as per Gann grid is having strong support at red… Read More »
Last Week we gave Chopad level of 7376, Nifty did 2 target on upside and 3 target on downside .Outcome of RBI’s monetary policy review to dictate trend.Lets analyze how to trade Nifty before Modiji PM swearing ceremony and expiry week. Nifty Hourly Chart Nifty Hourly charts will given a breakdown above 7193 and now… Read More »
FII’s bought 19.3K contract of Index Futures worth 714 cores (34.6 K longs were added and 15.3 K shorts were added in Index Future) with net OI increasing by 50 K contracts.FII’s went aggressively long in Index Futures, are they preparing themselves for RBI policy on 3 June. Nifty is forming a triangle on daily… Read More »
FII’s bought 187 contract of Index Futures worth 15 cores (2.1 K longs were added and 1.9 K shorts were added in Index Future) with net OI increasing by 4.1 K contracts.FII’s playing for range bound moves till expiry. Nifty is forming a triangle on daily charts, height of triangle comes at 434 points. Now… Read More »
FII’s bought 8609 contract of Index Futures worth 334 cores (1.9 K longs were added and 6.6 K shorts were squared off in Index Future) with net OI decreasing by 4.6 K contracts.FII’s used the dip in nifty today to exit all shorts. Nifty again surprised the market participants with a quick rise in morning… Read More »
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 10707 contract of Index Futures worth 394 cores (12.4 K longs were added and 1.7 K shorts were added in Index Future) with net OI increasing by 14.1 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. As… Read More »