Monthly Archives: August 2016

Nifty forms inside day, ready for impulsive move

By | August 2, 2016 10:05 pm

FII’s sold 144 contract of Index Future worth 3 cores ,2.6 K Long contract were added by FII’s and 2.8 K short contracts were added by FII’s. Net Open Interest increased  by 5.5 K contract, so fall in market was used by FII’s to enter long and enter shorts  in  Index futures. Tested Classic Stock Trading… Read More »

Bank Nifty ready for big move,EOD Analysis

By | August 2, 2016 9:37 pm

As discussed in Last analysis  Further bearishness can be seen below 18550 for move till 18280/18070. For next 2 days close above 18814 can see fast move till 19000. Bullish above 19158 for move till 19374/19509. Bank Nifty was unable to close above 18814 and also unable to close below 18550 suggesting market taking breather before… Read More »

Bank Nifty does 18700 below 18950, EOD Analysis

By | August 1, 2016 10:05 pm

As discussed in Last analysis   Bearish on close below 18950 for move towards 18711. Bank Nifty moved above 19000 but came down below 18950 hitting SL on long, but short were rewarded handsomely as it did the target of 18711. Further bearishness can be seen below 18550 for move till 18280/18070. For next 2 days… Read More »

Breakout Stocks : Amar Britania and Havells

By | August 1, 2016 7:36 am

Amar Raja Positional Traders can use the below mentioned levels Holding 932 Tgt 966/987 Intraday Traders can use the below mentioned levels Buy above 942 Tgt 953,960 and 970.5 SL 937 Sell below 932.8 Tgt 925.8,911 and 898 SL 937 Havells Positional Traders can use the below mentioned levels Close above 390 Tgt 398/411 Intraday… Read More »