Monthly Archives: October 2016

Bank Nifty forms Hammer near gann angle,EOD Analysis

By | October 27, 2016 9:54 pm

 As discussed in Last analysis  Bank Nifty opened gap down made high of 19725 and bears became active below 19700 and did target of 19500 and close below 19500 suggesting we can move towards 19300/19000.  Low made today 19252 so 19300 also done,today low is near gann angle suggesting we can see upmove till 19700… Read More »

Nifty Bulls and Bears continue to fight for supremacy,EOD Analysis

By | October 25, 2016 8:55 pm

FII’s sold 11.6 K contract of Index Future worth 763 cores ,3.6 K Long contract were added by FII’s and 8 K short contracts were added by FII’s. Net Open Interest increased  by 4.4 K contract, so fall in market was used by FII’s to exit long and enter shorts  in  Index futures.  Why Do Traders… Read More »