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 »
As discussed in Last analysis Now bulls should hold the 19450-19500 range near gann angle line for upmove back towards 19800/20200. Close below 19500 can quickly push bank nifty towards 19360/19100. Bank Nifty continue to hold 19500 and gann trendline as shown in below chart,Bulls needs to hold 19451-19500 range for target of 19732. Any… Read More »
As discussed in Last analysis As seen in below gann chart, Bank Nifty opened at the gann resistance line also opened below 20155 suggesting correction on cards as we discussed, low made 19861 and by Monday we should get our target of 19800/19700. Bank Nifty is trading in a range 20250-19700 doing time correction before… 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 »
Titan Positional Traders can use the below mentioned levels Close above 406 Tgt 417/424 Intraday Traders can use the below mentioned levels Buy above 403.5 Tgt 406.3, 409 and 413 SL 401 Sell below 399 Tgt 396,392 and 389 SL 401 Tata Steel Positional Traders can use the below mentioned levels Close above 369… 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 »
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 »
Last Week we gave Chopad Level 20001 Bank Nifty gave Long entry on Tuesday, who took position as per Chopad levels were rewarded handsomely , as it did all 3 target by Wednesday. Lets analyze how to trade in coming week. Bank Nifty Hourly As discussed in last analysis Now Bulls need a close above… Read More »
Last Week we gave Chopad Levels of 8910, Nifty close above the chopad level on Monday giving Long entry to Chopad Followers and did all 1 target by Wednesday. Short also got triggered on Friday and did 1 target on downside. Lets analyze how to trade nifty in coming week. Nifty Hourly Chart Nifty did… Read More »