Last Week we gave Chopad Level 16650 Bank Nifty gave Long/Short entry on Monday and did all 2 target on upside and 1 target on downside thus rewarding discipline chopad followers by 350 points. Lets analyses how to trade Bank nifty in coming expiry week. Bank Nifty Hourly Coming week, break of 16500 can… Read More »
Last Week we gave Chopad Levels of 7777 , Nifty gave Long entry on Monday did 2 target on upside by Tuesday. Lets analyses how to trade nifty in coming expiry week, We have 2 down weeks and 1 up week in May as of today. Nifty Hourly Chart As discussed in last analysis I… Read More »
FII’s sold 3.2 K contract of Index Future worth 193 cores ,2.2 K Long contract were liquidated by FII’s and 1 K short contracts were added by FII’s. Net Open Interest decreased by 1.1 K contract, so rise in market was used by FII’s to exit long and shorts were added in Index futures.Cella Quinn from… Read More »
As discussed in last analysis As we have gann trendline also near 16500, so need to be extra cautious in coming week as if 16500 get broken we can see quick downfall till 16300-16250. Bullish only on close above 16792. High made today was 16780 and low made 16450 so Bank Nifty Bulls protected 16500 on… Read More »
Last Week we gave Chopad Level 16400 Bank Nifty gave Long entry on Monday and did all 3 target by Thursday and thus rewarding discipline chopad followers by 500 points. Lets analyses how to trade Bank nifty in coming week, Will the age old adage , “SELL IN MAY AND GO AWAY” hold true in… Read More »
Last Week we gave Chopad Levels of 7777 , Nifty gave multiple Long entry on Monday and Wednesday which did 2 target on upside and No Shorts got initiated as nifty never went below 7777. Lets analyses how to trade nifty in coming week, Will the age old adage , “SELL IN MAY AND GO… Read More »
As discussed in last analysis one we have a close above 16792 we can see next move towards 17067. Bearish only below 16500, High made today was 16962 and closed above 16792, so Bank Nifty Bulls protected 16500 and now almost did 17000. Any close above 17067 will see swift move towards 17400. How to Identify… Read More »
As discussed in last analysis Now Bulls need a close above 16792 for next move till 17000/17100. Bears will be active only below 16500 for move towards 16188. High made today was 16861 but closed below 16792, one we have a close above 16792 we can see next move towards 17067. Bearish only below 16500,… Read More »
FII’s bought 11.7 K contract of Index Future worth 695 cores ,7.8 K Long contract were added by FII’s and 3.9 K short contracts were liquidated by FII’s. Net Open Interest increased by 3.8 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. How Emotions Hijack… Read More »
As discussed in last analysis Bulls needs to close above gann arc, ie above 16500 for a rally. Bears needs to close below 16188 for next move towards 16000-15900. We have been Highlighting the importance of 16188 as its near gann trendline as shown below also a demand zone number, Low made on Friday was 16186… Read More »