Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Nifty Index Futures market by Shorting 20804 contracts worth ₹1274 crores, resulting in a decrease of 1330 contracts in the net open interest. FIIs covered 12454 long contracts and added 7642 short contracts, indicating a preference for covering long positions and adding of short positions.… Read More »
Trading in the financial markets requires a systematic approach that incorporates well-defined strategies. One such strategy that has gained popularity among traders is the Gann Opening Price strategy. Developed by legendary trader W.D. Gann, this strategy revolves around the concept of using opening prices to predict future market movements. In this article, we will delve… Read More »
Analysis of FIIs’ behavior in the Nifty Index Futures market shows a Bullish approach as they displayed a preference for LONG positions. On a net basis, FIIs went LONG 408 contracts worth 39 crores, resulting in an decrease of 2504 contracts in the Net Open Interest. As Discussed in Last Analysis Nifty made a… Read More »
W.D. Gann, a renowned trader and market analyst, developed numerous trading strategies based on mathematical principles and geometric patterns. One of his notable strategies is the Quarterly Opening Price Trading Strategy. This strategy focuses on identifying key price levels based on the opening prices of quarterly timeframes. In this article, we will explore the basic… Read More »
HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level:2375 Weekly Resistance: 2397,2420,2444 Weekly Support: 250.2325,2302,2278,2254 HDFC Trend Deciding Level:2748 Weekly Resistance: 2774,2801,2827,2848 Weekly Support: 2721,2695,2668,2641 Infosys Trend Deciding Level: 1234 Weekly Resistance:1252,1269,1285,1305 Weekly Support:1216,1198,1180,1163,1145 ICICI Bank Trend Deciding Level: 902 Weekly Resistance: 910,917,926,935 Weekly Support: 995,887,882,875,868 HDFC Bank Trend Deciding Level:… Read More »
FII sold 14.1 K contract of Index Future worth 1261 , Net OI has decreased by 97 contract 7.1 K Long contract were covered by FII and 7 K Shorts were added by FII. Net FII Long Short ratio at 1.48 so FII used FALL to EXIT Longs and ENTER Shorts. As discussed in last… Read More »
FII bought 24.9 K contract of Index Future worth 2152 cores, Net OI has increased by 8.9 K contract 16.9 K Long contract were added by FII and 8 K Shorts were covered by FII. Net FII Long Short ratio at 1.91 so FII used RISE to ENTER longs and EXIT shorts. As Discussed in… Read More »
FII sold 2.3 K contract of Index Future worth 197 cores, Net OI has decreased by 403 contract 1.3 K Long contract were covered by FII and 949 Shorts were added by FII. Net FII Long Short ratio at 1.3 so FII used fall to exit longs and enter shorts. As Discussed in Last Analysis… Read More »
FII bought 2.5 K contract of Index Future worth 257 cores, Net OI has decreased by 4.4 K contract 914 Long contract were covered by FII and 3.5 K Shorts were covered by FII. Net FII Long Short ratio at 2 so FII used rise to exit longs and exit shorts. As discussed in Last… Read More »
FII bought 14.5 K contract of Index Future worth 1152 cores, Net OI has decreased by 7.5 K contract 3.5 K Long contract were added by FII and 11 K Shorts were covered by FII. Net FII Long Short ratio at 1.33 so FII used rise to enter longs and exit shorts. As Discussed in… Read More »