Last Week we gave Chopad Levels of 8720, Nifty gave short entry on Monday before 2 days holiday and rewarded discipline chopad as all 3 target on downside were done. Our 3 target of 8540 and Nifty made low of 8541. Lets analyze how to trade nifty in coming week as we are approaching a… Read More »
FII’s sold 36.3 K contract of Index Future worth 2329 cores ,35.9 K Long contract were liquidated by FII’s and 0.4 K short contracts were added by FII’s. Net Open Interest decreased by 35.5 K contract, so fall in market was used by FII’s to exit long and enter shorts in Index futures. Ask Yourself… Read More »
As discussed in Last analysis Bear will get upperhand on close below 19451 for target of 19340/19020 and bulls above 19732. Bank Nifty bears finally broke 19451 and did the target of 19340, now trading below 19340 can see fast move towards 19185/19020. Bank Nifty bears were unable to close below 19340 suggesting bears are… Read More »
VEDL Positional Traders can use the below mentioned levels Unable to close above 202 Target 188 Intraday Traders can use the below mentioned levels Buy above 200 Tgt 201.8, 204 and 206.5 SL 199 Sell below 198.7 Tgt 197,195 and 192 SL 199.2 LT Positional Traders can use the below mentioned levels Close above… Read More »
Last Week we gave Chopad Levels of 8601, Nifty opened with gap up and made low of 8636 and traders who initiate trade as per Chopad levels were rewarded as Nifty did high at 8806 near to our 3 target of Chopad level of 8800. We have mentioned last week crucial price and time square… Read More »
As discussed in Last analysis Bank Nifty opened with gap up High made today was 19816 ner the gann line of resistance near zone of resistance bulls failed to close above 19732, Low made today was 19492 and Bears were unable to break 19451. Bear will get upperhand on close below 19451 for target of… Read More »
FII’s bought 5 K contract of Index Future worth 347 cores ,7.6 K Long contract were added by FII’s and 2.6 K short contracts were added by FII’s. Net Open Interest increased by 10.3 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. Why Traders Suffer… Read More »
As discussed in Last analysis Range of 19650-19732 is very crucial range unable to cross them we can see another downmove towards 19451 and 19300, Close above 19732 can see fast move till 19811 and above that 20000. High made today was 19747 and bank nifty turned back so bank nifty reacted for the zone of… Read More »
As discussed in Last analysis Bulls need a close above 19451 for target of 19732/19811. Only on close above 19811 Bank nifty can move towards 20000/20212/20571. Any close below 19000 will see fast move towards 18800/18500. This can be the overview for the October series. Bulls broke 19451, did 19611 and now waiting for 19732.… Read More »
CESC Positional Traders can use the below mentioned levels Close above 615 Target 624/633/650 Intraday Traders can use the below mentioned levels Buy above 617 Tgt 622, 628 and 633 SL 614 Sell below 607 Tgt 602,598 and 593 SL 610 United Sprits Positional Traders can use the below mentioned levels Close above 2480 Target… Read More »