FII’s bought 2.8 K contract of Index Future worth 251 cores ,4.3 K Long contract were liquidated by FII’s and 7.1 K short contracts were liquidated by FII’s. Net Open Interest decreased by 11.5 K contract, so rise in Nifty market was used by FII’s to exit long and exit shorts in Index futures.Does it Hold… Read More »
As discussed in last analysis bank nifty was facing difficulty near 15555-15580 was due to gann resistance line, Holding the same Bank Nifty can scale towards 15800/16000 which is the next horizontal line of resistance. Bank Nifty made high of 15945 where it complete the Butterfly pattern also as discussed in Weekly Analysis Bank .… Read More »
Today we will start discussion on widespread misconception that are floating around the trading community and gets lodged into traders minds. I have been talking to many traders every week, during our talks these misconception will finally come up. A lot of these are inaccurate and ineffective ideas,which lead traders into a cycle of bad… Read More »
Hindalco Positional/Swing Traders can use the below mentioned levels Close above 86 Tgt 89/92 Intraday Traders can use the below mentioned levels Buy above 86.5 Tgt 87.5,89 and 90 SL 85.5 Sell below 84 Tgt 83,82 and 80.9 SL 85 Wipro Positional/Swing Traders can use the below mentioned levels Close above 555 Tgt 576/589… Read More »
Last Week we gave Chopad Level 15360 Bank Nifty gave Short on Monday and did 1 target on downside, Longs taken on Wednesday did 2 target on Upside by Friday. Lets analyze how to trade Bank Nifty in coming Week as we have 2 trading Holidays. Bank Nifty Hourly As discussed last week Till… Read More »
Last Week we gave Chopad Levels of 7555 , Nifty gave short entry on Monday and did 2 targets on downside by Wednesday and gave long entry on Friday which gave 1 Target on Upside by Friday. Lets analyses how to trade nifty next week as we have 2 trading Holidays on Thursday and Friday.… Read More »
FII’s bought 7.6 K contract of Index Future worth 490 cores ,16.1 K Long contract were added by FII’s and 8.4 K short contracts were added by FII’s. Net Open Interest increased by 24.5 K contract, so rise in Nifty market was used by FII’s to enter long and enter shorts in Index futures.How To Get… Read More »
As discussed in last analysis Bank Nifty opened above the gann resistance line but was unable to sustain above it, but closed above the gann arc as shown below suggesting bulls are still in control. Bank Nifty made low near the gann support of 15452 and bounced back sharply above 15555, the way bank nifty… Read More »
How to get what I want? You’ve heard the expression, “What you see is what you get.” My grandfather used to say: “If you look at a tree long enough, it will move.” We see what you want to see. Psychologists tell us that nothing controls our live more than our self-image. We live like… Read More »
Adani Ports Positional/Swing Traders can use the below mentioned levels Holding 233 Tgt 241/246 Intraday Traders can use the below mentioned levels Buy above 236 Tgt 239,242 and 246 SL 234 Sell below 233 Tgt 231.3,227 and 225 SL 235 CESC Positional/Swing Traders can use the below mentioned levels Close above 466 Tgt 482… Read More »