As discussed in last analysis Today’s low of 19240-19200 is very important support zone as per gann angles shown below,Close above 19300 upmove back towards 19732 and close above 19732 again move towards 20000. Bears will get active below 19180 for a fast move towards 19000/18750. Nifty opened gap up unable to cross 19732 quickly… Read More »
FII’s sold 22.4 K contract of Index Future worth 1356 cores ,1.5 K Long contract were liquidated by FII’s and 20.9 K short contracts were added by FII’s. Net Open Interest increased by 19.3 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. As discussed in… Read More »
Rel Infra Positional Traders can use the below mentioned levels Close above 501 Target 521/555 Intraday Traders can use the below mentioned levels Buy above 493 Tgt 500, 509 and 516 SL 489 Sell below 488 Tgt 482.5,475 and 467 SL 491 Havells Positional Traders can use the below mentioned levels Close above 356… Read More »
Last Week we gave Chopad Level 19252 Bank Nifty gave Long entry on Monday and did 1 target on Upside, Opened with Huge gap down on Wedneday but as soon as it moved above 19252 all target were done on upside by Thursday thus rewarding discipline chopad followers handsomely. Lets analyze how to trade bank… Read More »
FII’s sold 17.2 K contract of Index Future worth 1020 cores ,15.5 K Long contract were liquidated by FII’s and 1.6 K short contracts were added by FII’s. Net Open Interest increased by 13.8 K contract, so fall in market was used by FII’s to exit long and emter shorts in Index futures. As discussed in… Read More »
FII’s bought 2.8 K contract of Index Future worth 204 cores ,1 K Long contract were added by FII’s and 1.8 K short contracts were liquidated by FII’s. Net Open Interest increased by 764 contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. As discussed in last… Read More »
Uncertain Times Requires more Simple techniques to trade, As the saying goes Keep it Simple and Stupid, Below Gann Analysis Chart has been discussed in Weekly Analysis We saw the gap down opening below 19252 on overnight events of Surgical Strike on Black Money and Donald becoming President which most of traders were not able… Read More »
Last Week we gave Chopad Levels of 8650, Nifty gave short entry on Tuesday which did 3 target on downside, Thus rewarding the disciplined Chopad followers in new samvat. Lets analyze how to trade nifty in coming week as finally the overhang of US election will be over by Wednesday and nifty closing at very… Read More »
FII’s sold 8.4 K contract of Index Future worth 535 cores ,3.3 K Long contract were liquidated by FII’s and 4.9 K short contracts were added by FII’s. Net Open Interest increased by 1.6 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. Muhurat Trading: Vows… Read More »
As discussed in Last analysis Bank Nifty took support near gann angles as shown in below chart, Holding 19500 we can see upmove towards 19700 but Bulls will get active only above 19700 for quick move towards 19900/20000. Bears below 19500 can quickly push towards 19300/19000. Bank Nifty closed below 19500 and just near the… Read More »