Tag Archives: negative divergence

Bank Nifty Daily ,Weekly and Monthly Chart Analysis

By | December 10, 2012

Readers have been requesting a through analysis for Bank nifty, So below is the technical analysis of Bank Nifty in all time frames so as to understand the future move and milking money out of the next move. Bank Nifty Daily Chart Bank Nifty crossed its long term trendline resistance of 12300 and closed above… Read More »

Technical Analysis:Bank Nifty,ACC and REC

By | June 14, 2012

Bank Nifty Bank Nifty is showing negative divergence after a 1200 points rally,break of 10000 which is trendline support is important for divergence to show effect. Buy above 10142 Tgt 10223,10291 and 10369 Sell below 10060 Tgt 10000,9911 and 9893   REC REC was covered here  after the triangle breakout and stock has rallied almost… Read More »

FII FnO Data Analysis for 1 Feb Trade for Nifty Futures

By | January 31, 2012

 Below is my Interpretation of FII OI data Sheet for 31-Jan-12. 1. FII bought 15051 Contracts of NF worth 382 cores OI also increased by 4919 contracts. 2. Nifty Futures was able to cover up all the looses made yesterday ended up by 117 points,As OI also increased by 4919 contracts longs were added into… Read More »