Monthly Archives: January 2017

Nifty Technical Analysis before Budget 2017

By | January 31, 2017 10:17 pm

FII’s sold 4.3 K contract of Index Future worth 320 cores ,6.6 K Long contract were liquidated by FII’s and 492 short contracts were added by FII’s. Net Open Interest decreased  by 8.9 K contract, so fall in market was used by FII’s to exit long and enter  long in  Index futures. Common Excuses Made By… Read More »

Bank Nifty Technical Analysis before Budget 2017

By | January 31, 2017 9:29 pm

As discussed in Last Analysis Bulls need close above 19800 for move towards 20200/20500. Bears below 19360 for move towards 19140/18920. High made was 19624 and low was 19435 so bank nifty continued to trade in range also made low near the green arc as shown in below chart. As we have budget today expect… Read More »

Nifty Forms Inside day,EOD Analysis

By | January 30, 2017 11:13 pm

FII’s sold 4.9 K contract of Index Future worth 368 cores ,2.3 K Long contract were added by FII’s and 7.2 K short contracts were added by FII’s. Net Open Interest increased  by 9.6 K contract, so rise in market was used by FII’s to enter long and enter  shorts  in  Index futures. Common Excuses Made… Read More »

Bank Nifty consolidate in range before Budget,EOD Analysis

By | January 30, 2017 9:50 pm

As discussed in Last Analysis   Bank Nifty continued its rally and closed above 19700, Holding 19700 bank nifty can bounce till 20000/20400. Bearish only on closed below 19360 for a move till 19140/18920. Bank Nifty gave whipsaw as it closed above 19700 but failed to give the follow upmove. Downside made low of 19561 and… Read More »

CESC IDEA Tata E Swing Trading Levels

By | January 30, 2017 7:45 am

CESC Positional Traders can use the below mentioned levels Close below 732 Target 699 Intraday Traders can use the below mentioned levels Buy above 740 Tgt 746, 758 and 765 SL 736 Sell below 732 Tgt 728,721 and 710 SL 736   IDEA   Positional Traders can use the below mentioned levels Close below 77… Read More »