As discussing in past analysis Bullish only on close above 18100 looking at current price action, Bearish below 17400 in between will be range bound move. Bank Nifty made high of 18079 but unable to close above 18100. We has 4 small days near gann horizontal line suggesting big move in round the corner. Also as… Read More »
As discussing in past analysis Bullish only on close above 18100 looking at current price action, Bearish below 17400 in between will be range bound move. Bank Nifty made high of 18146 but unable to close above 18100. We has 3 small days near gann horizontal line suggesting big move in round the corner. Also as… Read More »
FII’s bought 2 K contract of Index Future worth 129 cores ,2.6K Long contract were added by FII’s and 0.06 K short contracts were added by FII’s. Net Open Interest increased by 3.2 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. How Long Does It… Read More »
FII’s bought 1.3 K contract of Index Future worth 75 cores ,5 K Long contract were added by FII’s and 3.7 K short contracts were added by FII’s. Net Open Interest increased by 8.7 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures.Want to be a… Read More »
As discussing in past analysis Close above 18051 is required for next move towards 18700 else bank nifty can fall towards 17700. Bearish only on close below 17420. Bank Nifty closed above 18051 today but also near gann horizontal resistance line as seen in below chart, so be extra cautious on long and if we do… Read More »
Last Week we gave Chopad Level 17306 Bank Nifty gave long entry on Monday and did all 3 target by Friday rewarding Chopad followers handsomely. Lets analyze how to trade in coming week Bank Nifty Hourly Coming week, 18070 needs to be watched closing above it 18290/18490/18600 can be seen quickly. Beraish below 18000… Read More »
Last Week we gave Chopad Levels of 8111, Nifty gave Long/Short entry on Monday which gave whipsaw but Long entry on Tuesday rewarded Chopad Followers handsomely rewarding them with all 3 targets.Lets analyze how to trade in coming week. Nifty Hourly Chart Hourly Chart resistance at 8356/8410 and above than can see fast move towards… Read More »
FII’s sold 4.8 K contract of Index Future worth 287 cores ,12.4 K Long contract were added by FII’s and 17.2 K short contracts were added by FII’s. Net Open Interest increased by 29.7 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures.Its all about Will… Read More »
FII’s bought 4.8 K contract of Index Future worth 320 cores ,6 K Long contract were added by FII’s and 1.2 K short contracts were added by FII’s. Net Open Interest increased by 7.2 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures.UK Brexit explained: What… Read More »
As discussing in past analysis If we break 17500 tomorrow we can see down move till 17350/17055 else again we will trade in range of 17500-18000. Low made was 17518 again bears were unable to break 17500 and bulls were unable to close above 17666 but again closed near gann trendline as shown above.Bulls needs a… Read More »