Author Archives: Bramesh

Nifty does intraday correction failing to close above 10171

By | September 21, 2017

FII’s sold 5.5 K contract of Index Future worth 375 cores ,4.3 K Long contract were added by FII’s and 9.9 K Short contracts were added by FII’s. Net Open Interest increased  by 14.3 K contract, so fall in market was used by FII’s to enter long and enter short in  Index futures. FII’s Long to… Read More »

Bank Nifty corrects on time cycle date,EOD Analysis

By | September 21, 2017

As discussed in Last Analysis   Low made today was 24938 so bulls again protected 24940 but failed to close above 25000, so we closed in neutral zone before the outcome of Fed policy also as seen in below chart we closed at the trend change date so expect a good move in bank nifty in… Read More »

Bank Nifty Bulls continue to hold 25000,EOD Analysis

By | September 19, 2017

As discussed in Last Analysis  Bulls need to hold 25000 for a move towards 25200 new life high and move towards 25281/25532. Low made was 24993 so bulls held on to 25000 again closed at 25043, Till 25000 is held bulls have upperhand and can push nifty towards 25281/25532. Bearish below 24940 for a move… Read More »