Last Week we gave Chopad Level 19000 Bank Nifty gave Short entry on Monday and did 3 target on Downside by Monday thus rewarding discipline chopad followers handsomely. Lets analyze how to trade bank nifty in coming week as RBI increased CRR rate by 100 BPS Bank Nifty Hourly As discussed in last analysis For… Read More »
FII’s bought 10.7 K contract of Index Future worth 638 cores ,7.9 K Long contract were added by FII’s and 2.7 K short contracts were liquidated by FII’s. Net Open Interest increased by 5.1 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. As discussed in… Read More »
As discussed in last analysis Low made yesterday was 18216 but closed above 18250 again near the gann angle support zone as shown in below chart. Holding 18250 bank nifty can again bounce till 18500/18721 below 18200 fall towards 18000/17850. Low made was 18266 near our gann support zone of 18250 as seen in below… Read More »
I arrived at the address and honked the horn. After waiting a few minutes, I honked again. Since this was going to be my last ride of my shift, I thought about just driving away, but instead I put the car in park and walked up to the door and knocked. ‘Just a minute’, answered… Read More »
HDFC Positional Traders can use the below mentioned levels Close above 1220 Target 1250/1270 Intraday Traders can use the below mentioned levels Buy above 1220 Tgt 1227, 1237 and 1245 SL 1215 Sell below 1208 Tgt 1202,1192 and 1180 SL 1212 Ibulls Housing Positional Traders can use the below mentioned levels Close above 684 Target… Read More »
As discussed in last analysis Holding 7916 we might has formed a short term bottom and see rally till 8130/8270. Bulls on close above 8010 can see fast move towards 8060/8100 in next 2 session. Bears will get active below 7900 and in between 7900-8010 it will be volatile expiry moves. High made today was… Read More »
As discussed in last analysis Bank Nifty was unable to move above 18721 and bears unable to close below 18250,in between choppy move will continue, Close above 18721 can push bank nifty towards 18000/18300. Low made yesterday was 18216 but closed above 18250 again near the gann angle support zone as shown in below chart.… Read More »
Reliance Capital Intraday Traders can use the below mentioned levels Buy above 440 Tgt 444,449 and 454 SL 437 Sell below 433 Tgt 428,423 and 418 SL 436 STAR Intraday Traders can use the below mentioned levels Buy above 1096 Tgt 1108, 1120 and 1140 SL 1088 Sell below 1084 Tgt 1075,1060 and 1040… Read More »
FII’s sold 445 contract of Index Future worth 54 cores ,7.3 K Long contract were added by FII’s and 6.9 K short contracts were added by FII’s. Net Open Interest increased by 14.2 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. As discussed in last… Read More »
As discussed in last analysis Now Bulls need a close above 18721 for a move towards 19000/19300. Bears will get active only on close below 18250 for a move towards 18000/17800. Bank Nifty was unable to move above 18721 and bears unable to close below 18250,in between choppy move will continue, Close above 18721 can… Read More »