Last Week we gave Chopad Level 19000 Bank Nifty gave Short entry on Monday and did 3 target on Downside by Monday thus rewarding discipline chopad followers handsomely. Lets analyze how to trade bank nifty in coming week as RBI increased CRR rate by 100 BPS Bank Nifty Hourly As discussed in last analysis For… Read More »
FII’s bought 10.7 K contract of Index Future worth 638 cores ,7.9 K Long contract were added by FII’s and 2.7 K short contracts were liquidated by FII’s. Net Open Interest increased by 5.1 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 »
As discussed in last analysis Low made yesterday was 18216 but closed above 18250 again near the gann angle support zone as shown in below chart. Holding 18250 bank nifty can again bounce till 18500/18721 below 18200 fall towards 18000/17850. Low made was 18266 near our gann support zone of 18250 as seen in below… Read More »
As discussed in last analysis Holding 7916 we might has formed a short term bottom and see rally till 8130/8270. Bulls on close above 8010 can see fast move towards 8060/8100 in next 2 session. Bears will get active below 7900 and in between 7900-8010 it will be volatile expiry moves. High made today was… Read More »
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 »