As discussing in past analysis Bullish only on close above 18100 looking at current price action, Bearish below 17400 in between will be range bound move. Bank Nifty made high of 18146 but unable to close above 18100. We has 3 small days near gann horizontal line suggesting big move in round the corner. Also as… Read More »
Last Week we gave Chopad Levels of 8111, Nifty gave Long/Short entry on Monday which gave whipsaw but Long entry on Tuesday rewarded Chopad Followers handsomely rewarding them with all 3 targets.Lets analyze how to trade in coming week. Nifty Hourly Chart Hourly Chart resistance at 8356/8410 and above than can see fast move towards… Read More »
FII’s sold 23.7 K contract of Index Future worth 1335 cores ,5.1 K Long contract were liquidated by FII’s and 18.5 K short contracts were added by FII’s. Net Open Interest increased by 13.3 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures.Do you have Trading… Read More »
FII’s sold 8.2 K contract of Index Future worth 480 cores ,4.2 K Long contract were liquidated by FII’s and 4 K short contracts were added by FII’s. Net Open Interest decreased by 228 contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures.Struggle is Good! As discussed… Read More »
FII’s sold 7.2 K contract of Index Future worth 439 cores ,10.9 K Long contract were liquidated by FII’s and 3.6 K short contracts were liquidated by FII’s. Net Open Interest decreased by 14.5 K contract, so fall in market was used by FII’s to exit long and exit shorts in Index futures.The Greatest Trades of… Read More »
As discussed in last analysis Bulls needs to close above 18051 for next move towards 18600-18700. Unable to close above 18000 we can see another down move towards 17500. Bank Nifty High made today was 17827 and low made was 17545 so we did almost 17500. Bank Nifty again close above just tad of 17671, as… Read More »
FII’s sold10.1 K contract of Index Future worth 615 cores ,12.2 K Long contract were liquidated by FII’s and 2.1 K short contracts were liquidated by FII’s. Net Open Interest decreased by 14.3 K contract, so fall in market was used by FII’s to exit long and exit shorts in Index futures.Billionaire Traders and Hedge Fund Manager… Read More »
As discussed in last analysis Next move will only happen on close above 17700 for move towards 18000. Bearish on close below 17000. Range of 17500-17650 is important supply zone. High made today was 17754 at gann arc ,closed just above 17670. As Bulls closed above 17670 and gann arc suggesting we can see next move… Read More »
Last Week we gave Chopad Level 17591 Bank Nifty had a very choppy week and whipsawed Chopad followers after long time, Always remember the golden rule IF SL gets triggered 2 times in a day No further trade. Capital Preservation is most important for trader. Bank Nifty made high of 17762 and Low of 17350… Read More »
Last Week we gave Chopad Levels of 8181, Nifty had a very choppy week and whipsawed Chopad followers after long time, Always remember the golden rule IF SL gets triggered 2 times in a day No further trade. Capital Preservation is most important for trader. Nifty made high of 8262 which was our 1 target… Read More »