Last Week we gave Chopad Levels of 8851, Nifty opened with gap down and traders were not able to initiate trade as per Chopad levels, Aggressive traders who shorted below chopad levels should have been rewarded. We have mentioned last week we are entering a crucial week as per gann analysis as the effect was… Read More »
May this Navratri be as bright as ever May this navratri bring joy Health and wealth to you .Happy Navratri Jai Mata Di !! FII’s sold 21.8 K contract of Index Future worth 1379 cores ,21.6 K Long contract were liquidated by FII’s and 0.2 K short contracts were added by FII’s. Net Open Interest decreased … Read More »
As discussed in Last analysis Bulls need a close above 19732 for a move till 19904 and 20000.Bears will be active below 19451 for a move towards 19300/19100. Bank Nifty opened at 19763 made high of 19793 but got quickly sold off in first 15 mins of trading and as soon as 19451 which got… Read More »
Last Week we gave Chopad Level 19800 Bank Nifty Longs got triggered on Tuesday did the 1 target on upside , Lets analyze how to trade bank nifty in coming week. Bank Nifty Hourly On Hourly chart bulls need to held 19750-19700 zone,holding the same bulls can 20000/20250. Bears below 19650 can see sharp pullback… Read More »
FII’s sold 3.5 K contract of Index Future worth 299 cores ,2.6 K Long contract were liquidated by FII’s and 0.8 K short contracts were added by FII’s. Net Open Interest increased by 1.8 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. The Ten Tasks… Read More »
FII’s sold 1.6 K contract of Index Future worth 89 cores ,0.4 K Long contract were added by FII’s and 2.1 K short contracts were added by FII’s. Net Open Interest increased by 2.6 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. The Casino Mentality… Read More »
FII’s sold 9.1 K contract of Index Future worth 591 cores ,7 K Long contract were liquidated by FII’s and 2 K short contracts were added by FII’s. Net Open Interest decreased by 5 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. Avoiding Impulsive Trading… Read More »
Motherson SUmi Positional Traders can use the below mentioned levels Close below 310 Tgt 299/288 Intraday Traders can use the below mentioned levels Buy above 316 Tgt 320,323 and 326 SL 313 Sell below 309 Tgt 305,300 and 297 SL 311 Petronet Positional Traders can use the below mentioned levels Close above 333 Tgt 341/346/354… Read More »
As discussed in Last analysis Bank Nifty made exact low of 19735 near our demand zone of 19738 and bounced back, Now bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty… Read More »
FII’s sold 9.9 K contract of Index Future worth 597 cores ,3.4 K Long contract were liquidated by FII’s and 6.4 K short contracts were added by FII’s. Net Open Interest increased by 2.9 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Would like to… Read More »