FII’s bought 4.8 K contract of Index Future worth 320 cores ,6 K Long contract were added by FII’s and 1.2 K short contracts were added by FII’s. Net Open Interest increased by 7.2 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures.UK Brexit explained: What… Read More »
As discussing in past analysis If we break 17500 tomorrow we can see down move till 17350/17055 else again we will trade in range of 17500-18000. Low made was 17518 again bears were unable to break 17500 and bulls were unable to close above 17666 but again closed near gann trendline as shown above.Bulls needs a… Read More »
FII’s sold 3.8 K contract of Index Future worth 203 cores ,2.4 K Long contract were liquidated by FII’s and 1.3 K short contracts were added by FII’s. Net Open Interest decreased by 1.1 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures.Mental Toughness Required by… 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 17762 at gann arc ,closed abve 17670. As Bulls closed above 17670 and gann arc suggesting we can see next move till… Read More »
As discussed in last analysis Bulls need a close above 7995 for next move till 8116. High made today was 8083, and till we held to 7995 we can move towards 8116. Time correction once come to end lead to such impulsive move, Nifty has move 335 points in just 2 trading session. Hopefully reader of… Read More »
As discussed in last analysis Low made today was 16368 so 16350 was not broken and high made was 16501 and we closed above 16431, so bulls have upper hand now and above 16500 can take index to 16734/16792. Bank Nifty opened above 16600 , we got indication yesterday with close above 16431 and respecting… Read More »
Last Week we gave Chopad Level 16650 Bank Nifty gave Long/Short entry on Monday and did all 2 target on upside and 1 target on downside thus rewarding discipline chopad followers by 350 points. Lets analyses how to trade Bank nifty in coming expiry week. Bank Nifty Hourly Coming week, break of 16500 can… Read More »
FII’s sold 3.2 K contract of Index Future worth 193 cores ,2.2 K Long contract were liquidated by FII’s and 1 K short contracts were added by FII’s. Net Open Interest decreased by 1.1 K contract, so rise in market was used by FII’s to exit long and shorts were added in Index futures.Cella Quinn from… Read More »
As discussed in last analysis As we have gann trendline also near 16500, so need to be extra cautious in coming week as if 16500 get broken we can see quick downfall till 16300-16250. Bullish only on close above 16792. High made today was 16780 and low made 16450 so Bank Nifty Bulls protected 16500 on… Read More »
As discussed in last analysis Now Bulls need a close above 16792 for next move till 17000/17100. Bears will be active only below 16500 for move towards 16188. High made today was 16861 but closed below 16792, one we have a close above 16792 we can see next move towards 17067. Bearish only below 16500,… Read More »