Nifty fails to close above 8336,EOD Analysis

FII’s bought 4 K contract of Index Future worth 254 cores ,5.2 K Long contract were added by FII’s and 1.1 K short contracts were added by FII’s. Net Open Interest increased  by 6.3 K  contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures.Detrended Price Oscillator (DPO) … Read more Nifty fails to close above 8336,EOD Analysis

Bank Nifty fails to close above 18051,EOD Analysis

As discussing in past analysis Close above 18051 we can see move till 18700/18900. Bearish only on close below 17450. High made today was 17074 but unable to close above 18051, Close above 18051 is required for next move towards 18700 else bank nifty can fall towards 17700.  Bearish only on close below 17420.Why I fail … Read more Bank Nifty fails to close above 18051,EOD Analysis

Detrended Price Oscillator (DPO) Introduction

Introduction The Detrended Price Oscillator attempts to filter out trend in order to focus on the underlying cycles of price movement. Detrended prices allow you to more easily identify cycles and overbought/oversold levels. The Detrended Price Oscillator (DPO) is used to remove trend from price. This is done in order to identify and isolate short-term … Read more Detrended Price Oscillator (DPO) Introduction

Adani Port Century and Auro Pharma MML Analysis

Adani Ports Positional Traders can use the below mentioned levels Close above 208 Tgt 212/220 Intraday Traders can use the below mentioned levels Buy above 208 Tgt 210,212 and 215 SL 207 Sell below 206 Tgt 204.5,202 and 200 SL 207   Century Positional Traders can use the below mentioned levels Close above 661 Tgt … Read more Adani Port Century and Auro Pharma MML Analysis