As discussed in Last analysis Now Bulls again need close above 19158 for move towards 19500 and bear will get active only on close below 18500, in between its just time correction. Bank Nifty closed above 19000 for second day in a row but failed close 19150 high made was 19138, It has been 25… Read More »
As discussed in Last analysis Now Bulls again need close above 19158 for move towards 19500 and bear will get active only on close below 18500, in between its just time correction. Bank Nifty finally closed above 19000 after intraday volatility, It has been 25 days bank nifty is trading in range of 600 points … Read More »
Last Week we gave Chopad Levels of 8717, Nifty gave Short entry on Monday did all 3 target on downside , High made was 8724 near our chopad levels rewarded chopad followers handsomely as Nifty made low of 8540 near our final target of 8577 before giving an impulsive rally as explained in daily analysis… Read More »
FII’s sold 2.5 K contract of Index Future worth 173 cores ,5.2 K Long contract were liquidated by FII’s and 2.7 K short contracts were liquidated by FII’s. Net Open Interest increased by 7.9 K contract, so rise in market was used by FII’s to exit long and exit shorts in Index futures. WD Gann Trading… Read More »
As discussed in Last analysis As seen in below chart we are again near a trend change as prices are near horizontal line, suggesting if 18443-18500 is held we can again see a move till 18900-19000 range. Break of 18700 will signify we can see another move towards 19000 range. Bank Nifty made low of… Read More »
In Continuation with Previous Article Avoid taking small profit and big losses. Even with accuracy of 80% a trader might remain in a loss if he is taking big small profit and small losses. Options sellers operate at accuracy of above 99%, where the profits are small, while the 1% cases of loss could be… Read More »
As discussed in Last analysis As seen in below chart we are again near a trend change as prices are near horizontal line, suggesting if 18443-18500 is held we can again see a move till 18900-19000 range. Low made today was 18537 and bank nifty formed DOJI near the horizontal line suggesting trend change can… Read More »
As discussed in Last analysis Now for Bulls we need a close above 19158 for a move towards 19500,bear will get active on close below 18915 for a target of 18500. Bulls again fail to close above 19158 and bears failed to close below 18915 suggesting RBI was a non event. Bulls need a close… Read More »
Century Textile Positional Traders can use the below mentioned levels Holding 698 Tgt 754/788 Intraday Traders can use the below mentioned levels Buy above 715 Tgt 720,728 and 735 SL 711 Sell below 710 Tgt 705,699 and 690 SL 714 Tata Elxsi Positional Traders can use the below mentioned levels Close above 1755 Tgt… Read More »
FII’s bought 6.5 K contract of Index Future worth 404 cores ,7.3 K Long contract were added by FII’s and 0.8 K short contracts were liquidated by FII’s. Net Open Interest increased by 8.2 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. The Thinking of… Read More »