Bank Nifty does 25120 above 25000,EOD Analysis

By | April 24, 2018 10:22 pm

As Discussed in Last Analysis  Bank Nifty opened with gap up and immediately got sold off and once below 24840 did 24784 near our target with 24786, Also made the freak low of 24466. Now Bulls need close above 25000 for a move back towards 25120/25200/25560. Bearish below 24840 for 24768/24624/24500. Bulls did the target… Read More »

Bank Nifty does freak low of 24466,EOD Analysis

By | April 23, 2018 7:29 pm

As Discussed in Last Analysis High made today was 25126 so 25200 was not broken and once 25050 was broken bears did the 200 pointer trade as per time analysis as we discussed. Now Bulls need close above 25000 for a move back towards 25120/25200/25560. Bearish below 24840 for 24768/24624/24500. Bank Nifty opened with gap… Read More »

Do You Fear Overnight Trading Positions

By | April 21, 2018 9:43 pm

As a trader, if you are carrying overnight position, Are you glued in front of computer screen once trading in India Market is over, continuously tracking financial news around the globe. Do you continuously track European market, US markets. Do you have Eagle Eye on SGX nifty and any move against your position increases your… Read More »

Nifty continue to trade in range,EOD Analysis

By | April 21, 2018 11:20 am

FII’s bought 3.1 K contract of Index Future worth 199 cores ,6.8 K Long contract were added by FII’s and 3.6 K Short contracts were added by FII’s. Net Open Interest increased  by 10.5K contract, so rise in market was used by FII’s to enter long and enter short in  Index futures.  FII’s Long to Short… Read More »

What’s the value of life?

By | April 20, 2018 3:38 pm

A man went to Guru Nanak Sahib and asked, “What’s the value of life?” Gurunanak ji gave him one stone and said, “Find out the value of this stone, but don’t sell it.” The man took the stone to an Orange Seller and asked him what it’s cost would be. The Orange Seller saw the… Read More »