Adani Positional/Swing Traders can use the below mentioned levels Close above 84 Tgt 87/89 Intraday Traders can use the below mentioned levels Buy above 84.1 Tgt 85.2,86.7 and 88 SL 82.6 Sell below 82.4 Tgt 81.5,80.2 and 79 SL 83 Biocon Positional/Swing Traders can use the below mentioned levels Holding 555 Tgt 576/589 Intraday… Read More »
Last Week we gave Chopad Level 15600 Bank Nifty gave Short Entry on Monday did 1 target on downside low made was 15440 which was near our 1 Target of 15450, again gave long entry on Monday mid session and did all 3 target on upside by Monday, Lets analyze how to trade Bank Nifty… Read More »
FII’s bought 29.3 K contract of Index Future worth 1679 cores ,32.5 Long contract were added by FII’s and 3.2 K short contracts were added by FII’s. Net Open Interest increased by 35.8 K contract, so rise in Nifty market was used by FII’s to enter long and enter small shorts in Index futures.RICH DENNIS: A… Read More »
Last Week we gave Chopad Levels of 7740 , Nifty gave Long entry on Monday and got Stopped out on Tuesday at opening but gave Short entry as Open was 7736 below chopad levels and did all 3 target by Tuesday hence rewarding disciplined chopad levels . Lets analyses how to trade nifty in coming… Read More »
As discussed in last analysis Bank Nifty should breakout above 16300 and breakdown below 16000 after RBI policy on Tuesday, As soon as Bank Nifty broke 16000, gann trendline breakdown was confirmed and went all the way towards the demand zone of 15700-15750 as we have been discussing in past analysis. Now we are at… Read More »
As discussed in last analysis Supply zone is range of 16229-16250 and Demand zone is back to 15700-15750, High Made was 16278 and bank nifty is stuck between gann line doing consolidation as shown in below chart. Bank Nifty should breakout above 16300 and breakdown below 16000 after RBI policy on Tuesday, We will get 2… Read More »
FII’s sold 7.3 K contract of Index Future worth 386 cores ,4.1 K Long contract were liquidated by FII’s and 3.1 K short contracts were added by FII’s. Net Open Interest decreased by 0.9 K contract, so fall in Nifty market was used by FII’s to exit long and enter shorts in Index futures.Which type of… Read More »
As discussed in last analysis Supply zone is range of 16229-16250 and Demand zone is back to 15700-15750, High Made was 16235 and bank nifty is stuck between gann line doing consolidation and will remain in that range till Monday should breakout above 16300 and below 16000 after RBI policy on Tuesday where the next… Read More »
FII’s bought 2.8 K contract of Index Future worth 251 cores ,4.3 K Long contract were liquidated by FII’s and 7.1 K short contracts were liquidated by FII’s. Net Open Interest decreased by 11.5 K contract, so rise in Nifty market was used by FII’s to exit long and exit shorts in Index futures.Does it Hold… Read More »
As discussed in last analysis bank nifty was facing difficulty near 15555-15580 was due to gann resistance line, Holding the same Bank Nifty can scale towards 15800/16000 which is the next horizontal line of resistance. Bank Nifty made high of 15945 where it complete the Butterfly pattern also as discussed in Weekly Analysis Bank .… Read More »