As discussed in Last analysis Bear will get upperhand on close below 19451 for target of 19340/19020 and bulls above 19732. Bank Nifty bears finally broke 19451 and did the target of 19340, now trading below 19340 can see fast move towards 19185/19020. Bank Nifty bears were unable to close below 19340 suggesting bears are… Read More »
As discussed in Last analysis Bank Nifty opened with gap up High made today was 19816 ner the gann line of resistance near zone of resistance bulls failed to close above 19732, Low made today was 19492 and Bears were unable to break 19451. Bear will get upperhand on close below 19451 for target of… Read More »
As discussed in Last analysis Bulls need a close above 19451 for target of 19732/19811. Only on close above 19811 Bank nifty can move towards 20000/20212/20571. Any close below 19000 will see fast move towards 18800/18500. This can be the overview for the October series. Bulls broke 19451, did 19611 and now waiting for 19732.… Read More »
Last Week we gave Chopad Level 19975 Bank Nifty opened gap down and did not gave entry as per chopad levels , Lets analyze how to trade bank nifty in coming week. Bank Nifty Hourly As discussed in last analysis Bears below 19650 can see sharp pullback of 300-400 points. Bank Nifty broke 19650 saw… Read More »
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 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 »
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 »
Last Week we gave Chopad Levels of 8910, Nifty opened with gap down, hence not giving any opportunity to enter trade, Longs got triggred on Friday but did not achieved the target, Shorts triggered on Friday below 8820 did the first target of 8760. Lets analyze how to trade nifty in coming week. We salute… Read More »
FII’s bought 6.2 K contract of Index Future worth 426 cores ,4.8 K Long contract were added by FII’s and 1.3 K short contracts were added by FII’s. Net Open Interest increased by 3.4 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. EVERY SUCCESS STORY… Read More »