As Discussed in Last Analysis As yesterday was important time cycle date High and low are again important and break of any side can see fast move of 200-300 points. BUllish above 25366 for a move back to 25632/25700. Bearish below 25300 for a downfall towards 25225/25140/25000. Low made today was 25351 and we made… Read More »
Kajaria Ceramic Positional Traders can use the below mentioned levels Close above 357 Target 375 Intraday Traders can use the below mentioned levels Buy above 357 Tgt 361,366 and 372 SL 353 Sell below 349 Tgt 343,337 and 333 SL 353 Biocon Positional Traders can use the below mentioned levels… Read More »
FII’s sold 5.6 K contract of Index Future worth 1207 cores ,8.7 K Long contract were added by FII’s and 6.8 K Short contracts were covered by FII’s. Net Open Interest decreased by 1.9 K contract, so fall 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 opened with a huge gap and closed above 25366 suggesting we can continue upmove towards 25488/25632/25700. Bulls need a close above 25700 which is a major supply zone for up move to continue towards 25920/26064. Bank Nifty Bears will get active below 25341 for a downfall towards 25262/25182/25103.… Read More »
Indigo Positional Traders can use the below mentioned levels Close above 816 Target 843/864 Intraday Traders can use the below mentioned levels Buy above 811 Tgt 816,826 and 843 SL 803 Sell below 796 Tgt 789,780 and 770 SL 803 Rel Infra Positional Traders can use the below mentioned levels Close below… Read More »
Last Week we gave Chopad level of 25250Bank Nifty gave Long entry on Monday and did all 3 target on Upside , so excellent week for chopad followers. Lets see how we trade bank nifty in coming week as we approach important time cycle date of 14 Oct. Bank Nifty Harmonic Pattern No Valid Harmonic… Read More »
Last Week we gave Chopad level of 10201Nifty gave Long entry and did all 3 target on upside and short on Thursday got Stopped out and we also seen the effect of important time cycle date of 09 Oct market rallied, so excellent week for chopad followers. Lets see how we trade nifty in coming… Read More »
India Rupee has been rallying in last few days and made a new life time low today. Fundamentally Rally in Rupee is due to 3 Reasons as mentioned Broad dollar strength, Trend in crude oil prices and Emerging-market currency movements, The way LIRA crashed has an sentimental impact on all Asian Currencies. On Technical Front… Read More »
FII’s bought 7.9 K contract of Index Future worth 528 cores ,2 K Long contract were added by FII’s and 5.9 K Short contracts were covered by FII’s. Net Open Interest decreased by 3.9 K contract, so fall in Nifty was used by FII’s to enter long and exit short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis Now Bank Nifty needs to close above 24800 for a move back to 24912/25056/25200. Bearish below 24480 for a move towards 24336/24192/24048. Be cautious in last 1 hour of trading tomorrow. 14 Oct is very important Astrological date affect will be seen either tomorrow or Monday. How time cycle work… Read More »