Last Week we gave Chopad Levels of 8181, Nifty had a very choppy week and whipsawed Chopad followers after long time, Always remember the golden rule IF SL gets triggered 2 times in a day No further trade. Capital Preservation is most important for trader. Nifty made high of 8262 which was our 1 target… Read More »
FII’s bought 4.8 K contract of Index Future worth 319 cores ,1.8 K Long contract were added by FII’s and 3 K short contracts were liquidated by FII’s. Net Open Interest decreased by 1.1 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures.What goes around comes… Read More »
As discussed in last analysis Next move will only happen on close above 17700 for move towards 18000. Bearish on close below 17000. Range of 17500-17650 is important supply zone. High made today was 17762 at gann arc ,closed abve 17670. As Bulls closed above 17670 and gann arc suggesting we can see next move till… Read More »
As discussed in last analysis Bulls need a close above 7995 for next move till 8116. High made today was 8083, and till we held to 7995 we can move towards 8116. Time correction once come to end lead to such impulsive move, Nifty has move 335 points in just 2 trading session. Hopefully reader of… Read More »
As discussed in last analysis Low made today was 16368 so 16350 was not broken and high made was 16501 and we closed above 16431, so bulls have upper hand now and above 16500 can take index to 16734/16792. Bank Nifty opened above 16600 , we got indication yesterday with close above 16431 and respecting… Read More »
Just Dial Positional/Swing Traders can use the below mentioned levels Close above 768 Tgt 823 Intraday Traders can use the below mentioned levels Buy above 768 Tgt 776,780 and 801 SL 760 Sell below 750 Tgt 736,725 and 711 SL 760 ITC Positional/Swing Traders can use the below mentioned levels Close above 338… Read More »
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 »