Last week was roller coaster ride for Stock market traders/investor. Market opened up with huge gap up on BJP state election victory and blue channels were saying target of 6700-6800. Correction started on same day and in next 4 trading days nifty corrected 254 points and now many analyst is calling for target of 6000… Read More »
Site was having some problem last evening so FII data analysis post got removed. The problem has been resolved 🙂 FIIs bought 24602 contracts of Index Future worth 772 cores (27306 Longs were added and 2704 shorts were added ) with net Open Interest increasing by 30010 contracts, so FII’s added both long and… Read More »
Last Week we gave Weekly Chopad level of 6000 Nifty did the almost three target on upside.Next week will be very volatile hence traders are advised to trade with caution. Nifty monthly closing have lost the momentum as were unable to close above 6200 and Weekly charts are already in downturn and this being an… Read More »
November 2013 is one of the best series till date as Nifty has closed above 6092 after making a new life high of 6342. December series has two crucial events one is State election results which will be declared on 9 Dec and 18 Dec RBI policy. From Historical Data only 3 Years ie 2000,2001… Read More »
FIIs sold 529 contracts of Index Future (bought 1824long contract and 2353 shorts were added) worth 16 cores with net Open Interest increasing by 4177contracts.Clearly mentioned yesterday we are not out of woods and saw the trailer today, Picture abhi Baki hai !! As mentioned yesterday Bullish move only on close above 6155 odd levels,below it can… Read More »
FIIs bought 17565 contracts of Index Future (bought 13560 long contract and 4005 shorts were covered ) worth 534 cores with net Open Interest increasing by 9555 contracts.So FII’s used rise to enter longs exit only partial shorts.Out of 44K shorts entered since 19 Nov FII in today’s rise of 132 points covered just 4K contract suggests… Read More »
Last Week we gave Weekly Chopad level of 6108 Nifty did the two target on upside and two targets are downside.Next week being an expiry week will be volatile. Nifty Hourly Chart Nifty once it will move above its 50 HSMA@6109,will be good for bulls in short term.Positive divergence in hourly chart will show it… Read More »
FIIs bought 10876 contracts of Index Future (bought 6420 long contract and 4456 shorts were covered ) worth 313 cores with net Open Interest increasing by 1964 contracts.So today rise of 132 points in NF FII’s have not bought any major buying in NF and still 36k contract of shorts are there in the system. Nifty continued… Read More »
Nifty Hourly Chart Nifty once it will move above its 50 HSMA,will be good for bulls in short term. Nifty Daily Chart Nifty Daily chart took support at 50 DMA and bounced back last time also Nifty bounced from 50 SMA and moved till life highs, so will this time see another life highs.… Read More »
FIIs sold 23105 contracts of Index Future (sold 2799 long contract and 20306 shorts were added ) worth 693cores with net Open Interest increasing by 17507 contracts.So after break of 6077 chopad level FII’s got aggressive and added more shorts into the system. Nifty continued with its correction for 7 day running and broke the Important chopad level … Read More »