Nifty breaks 8656 and does 8600, Oct Expiry Analysis

FII’s sold 4.7 K contract of Index Future worth 232 cores ,3.8 K Long contract were added by FII’s and 8.6 K short contracts were added by FII’s. Net Open Interest increased  by 12.5 K contract, so fall in market was used by FII’s to enter long and enter shorts  in  Index futures.  Why Do Traders … Read more

Bank Nifty breaks 19700 and does 19500 same day,EOD Analysis

 As discussed in Last analysis Till 19700 is held we can see move towards 20000/20400. Bearish only on close below 197000 for target of 19500/19200. Bank Nifty opened gap down made high of 19725 and bears became active below 19700 and did target of 19500 and close below 19500 suggesting we can move towards 19300/19000.  We … Read more

Nifty Bulls and Bears continue to fight for supremacy,EOD Analysis

FII’s sold 11.6 K contract of Index Future worth 763 cores ,3.6 K Long contract were added by FII’s and 8 K short contracts were added by FII’s. Net Open Interest increased  by 4.4 K contract, so fall in market was used by FII’s to exit long and enter shorts  in  Index futures.  Why Do Traders … Read more

Bank Nifty continue to hold 19700,EOD Analysis

 As discussed in Last analysis   Close above 19511 will see next move towards 19700. Traders should watch 19700 very closely for coming week as major trend change will happen above 19700 and we can see move towards 20000/20400 on upside and unable to close above 19700 can see fast fall towards 19000 again. Low made … Read more

Arvind Rel Infra ZEE Technical Analysis

Arvind Intraday Traders can use the below mentioned levels Buy above 364 Tgt 368, 372 and 376 SL 361 Sell below 358 Tgt 354,351 and 346 SL 361   ZEE Intraday Traders can use the below mentioned levels Buy above 516 Tgt 521, 525 and 530 SL 513 Sell below 510 Tgt 506.5,501 and 492 … Read more