Monthly Archives: May 2017

Nifty Technical Analysis for May Expiry

By | May 24, 2017 8:00 pm

FII’s bought 2.3 K contract of Index Future worth 230 cores ,21.9 K Long contract were added by FII’s and 19.5 K Short contracts were added by FII’s. Net Open Interest increased  by 41.5 K contract, so fall in market was used by FII’s to enter  long and enter short in  Index futures. Money is a… Read More »

Bank Nifty Technical Analysis for May Expiry

By | May 24, 2017 6:23 pm

As discussed in Last Analysis  Below 22600 we can see down move towards 22450, Below 22450 we can see fast fall towards 22180/22000 . Bullish above 22740 for a move towards 22900/23110.   Bank Nifty opened above 22600 made high of 22674 so failed to move near 22740 but as soon as 22600 was broken bears… Read More »

Bank Nifty close below 22600, EOD Analysis

By | May 23, 2017 10:48 pm

As discussed in Last Analysis    Bears below 22600 can push bank nifty towards 20450/20300. Bullish above 22740 for a move towards 22900/23110. High made today was 22740 so bulls were not able to cross the important gann level of 22740 and break of 22600 bears were having upper hand and made low of 22492 almost near… Read More »

Bank Nifty Bulls Bear in tug of war at gann angle

By | May 22, 2017 7:17 pm

As discussed in Last Analysis   Bulls above 22800 can see next move towards 22940/23110. Bearish below 22600 only, As per time analysis expect a trending move in next 2 days. Bank Nifty opened gap up above 20800 and made high of 22918 not giving opportunity to bulls to enter, bears also were not able to break… Read More »

Dish TV Bank Baroda Auro Pharma Trade Set Up

By | May 22, 2017 8:49 am

Dish TV Positional Traders can use the below mentioned levels Close above 100 Target 103/106 Intraday Traders can use the below mentioned levels Buy above 99.8 Tgt 100.8, 101.5 and 103 SL 99 Sell below 98.6 Tgt 97.7,96.6 and 95.5 SL 99.3 Auropharma Positional Traders can use the below mentioned levels Close below 590 Target… Read More »

Bank Nifty Weekly Forecast for 22-26 May

By | May 21, 2017 4:39 pm

Last Week we gave Chopad Level 22720 Bank Nifty gave long entry on Monday which did the 2 chopad target high made was 22979 and our target of 22980, Shorts on 18 were stopped out. Lets see how to trade bank nifty in coming week. Bank Nifty Hourly   As discussed in last analysis 22700… Read More »