Last Week we gave Chopad Levels of 7457 , Nifty gave short entry on Monday made High of 7600 and did all 3 targets by Wednesday thus rewarding discipline chopad followers by 200 points in matter of 3 trading sessions, Nifty was unable to close above the Chopad level of 7593 throughout the week. Lets… Read More »
FII’s bought 600 contract of Index Future worth 23 cores ,4 K Long contract were added by FII’s and 3 K short contracts were added by FII’s. Net Open Interest increased by 7.5 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. How To Improve Trading… Read More »
Last Week we gave Chopad Levels of 7376 , Nifty gave short entery on Monday which got stopped out on Tuesday, and Traders were able to Intitate long which moved till 1 Tgt of 7457 High made was 7462. Shorts were again triggered on Wednesday Open and Did 2 target on downside @7450, Low made… Read More »
FII’s sold 1.3 K contract of Index Future worth 74 cores ,2.1 K Long contract were added by FII’s and 3.4 K short contracts were added by FII’s. Net Open Interest increased by 5.6 K contract, so Friday rise in market was used by FII’s to enter long and enter shorts in Index futures.New Year Resolutions… Read More »
Bank Nifty broke 16880 level in intraday but was unable to close above it, and closed below 16770 level again increasing possibility of Bank nifty going down to 16573 levels.Close above 16880 is important for move till 17031/17396 levels, Bank Nifty will keep trading in range till it either close above 16880 or below 16573.Major… Read More »