FII’s sold 7.6 K contract of Index Future worth 672 cores 83 Long contract were added by FII’s and 7.6 K Short contracts were added by FII’s. Net Open Interest increased by 7.7 K contract, so fal in Nifty was used by FII’s to exit long and enter short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis Bank Nifty has formed doji on day before budget Bulls need to move above 31610 for a move towards life high of 31784/31964/32054. Bears will get active below 31490 for a move back to 31338/31250/31015. Budget day turned our to be non event for Bank Nifty as the range was… Read More »
I was walking around in a Target store, when I saw a Cashier hand this little boy some money back. The boy couldn’t have been more than 5 or 6 years old. The Cashier said, “I’m sorry, but you don’t have enough money to buy this doll.” Then the little boy turned to the old… Read More »
The Below Strategy will be Helpful for Option Writers, We are using Historical Volatility of Index to predict the probable range of market in next 5 trading sessions. We get this Range of Expiry day close and take position next day at Open. We have 2 methodology where we have 70% Probability of Winning and… Read More »
Nifty Intraday Trading Level Nifty Bulls will get active above 11993 for a move towards 12047/12102/12157 Bears will get active below 11938 for a move towards 11883/11829/11775 All Spot Levels.. Trade with Discipline Bank Nifty Intraday Trading Level Bank Nifty Bulls will get active above 31610 For a move towards 31700/31788/31877/31966/32056 Bears will get active… Read More »
SBIN Positional Traders can use the below mentioned levels Close below 363 Target 355/343 Intraday Traders can use the below mentioned levels Buy above 369 Tgt 372,376 and 380 SL 366 Sell below 363 Tgt 360,355 and 350 SL 366 Bharat Forge Positional Traders can use the below mentioned levels Close below 470 Target 453/441… Read More »
FII’s sold 1.7 K contract of Index Future worth 4 cores 1.8 K Long contract were added by FII’s and 4.1 K Short contracts were added by FII’s. Net Open Interest increased by 9 K contract, so rise in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to… Read More »
We were not able to discuss analysis yesterday,Apologies for that. Bank Nifty has formed doji on day before budget Bulls need to move above 31610 for a move towards life high of 31784/31964/32054. Bears will get active below 31490 for a move back to 31338/31250/31015. Trade cautiously as we will see wild and volatile swings.… Read More »
Most of the Professional traders do not choose to trade on the budget day as it involved wild swings and one bad trade can give you a big hit on your trading account but there are many traders who wait for this day to take a plunge. Most of the traders end up losing a… Read More »
Nifty has Formed a Bearish Gartley pattern Price Reversal Zone at 11993.. If we are unable to cross 11993 we can see fall towards 11843/11763 Any Daily close above 12000 Pattern become Invalid.