As discussed in last analysis Bank Nifty was unable to move above 18721 and bears unable to close below 18250,in between choppy move will continue, Close above 18721 can push bank nifty towards 18000/18300. Low made yesterday was 18216 but closed above 18250 again near the gann angle support zone as shown in below chart.… Read More »
FII’s bought 5.7 K contract of Index Future worth 370 cores ,15.8 K Long contract were added by FII’s and 10 K short contracts were added by FII’s. Net Open Interest increased by 25.9 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. As discussed in… Read More »
FII’s bought 18.2 K contract of Index Future worth 1170 cores ,33.7 K Long contract were added by FII’s and 15.5 K short contracts were added by FII’s. Net Open Interest increased by 49.2 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. The Success Story… Read More »
As discussed in last analysis Next Week will be very interesting as we can see move of 400-600 points in 1-2 days as price do not stay near gann angles for long. Bulls will become active above 19000 for a move till 19220/19450. Bears are already active below 19000 and can push nifty towards 18750/18600… Read More »
FII’s sold 10.8 K contract of Index Future worth 597 cores ,355 Long contract were added by FII’s and 11.2 K short contracts were added by FII’s. Net Open Interest increased by 11.5 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. The Success Story Of… Read More »
FII’s bought 4 K contract of Index Future worth 344 cores ,5.5 K Long contract were added by FII’s and 1.4 K short contracts were added by FII’s. Net Open Interest increased by 7 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. How to Keep… Read More »
As discussed in last analysis Closing below 19000 which is gann angle support as shown in below chart bank nifty can move towards 18800/18612. Bullish only on close above 19300. Bank Nifty High today was 19328 but unable to sustain above 19300 and saw big fall and did the target of 19000 below 19180 and in… Read More »
FII’s bought 1.6 K contract of Index Future worth 94 cores ,837 Long contract were liquidated by FII’s and 2.4 K short contracts were liquidated by FII’s. Net Open Interest increased by 3.2 K contract, so fall in market was used by FII’s to exit long and exit shorts in Index futures. How to Keep Your… Read More »
As discussed in last analysis Today’s low of 19240-19200 is very important support zone as per gann angles shown below,Close above 19300 upmove back towards 19732 and close above 19732 again move towards 20000. Bears will get active below 19180 for a fast move towards 19000/18750. Nifty opened gap up unable to cross 19732 quickly… Read More »
FII’s sold 22.4 K contract of Index Future worth 1356 cores ,1.5 K Long contract were liquidated by FII’s and 20.9 K short contracts were added by FII’s. Net Open Interest increased by 19.3 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. As discussed in… Read More »