Bank Nifty Weekly Analysis For Jan 2017

Last Week we gave Chopad Level 17860 Bank Nifty made High of 17860 on Monday giving Opportunity for Chopad Followers to Enter short trade which did the first target of 17700, Long Entry was triggred on Tuesday which did 2 target on Upside  thus rewarding Chopad Followers with  New Year gift 🙂 May The Year … Read more Bank Nifty Weekly Analysis For Jan 2017

Nifty Weekly Analysis For Jan 2017

Last Week we gave Chopad Levels  of 7972, Nifty gave Short Entry on Monday and did the 1 target of 7900, On Tuesday gave Long entry above 7972 giving Opportunity for Chopad Followers to Enter Long trade which did all target of 8165 by Friday thus rewarding Chopad Followers with New Year gift 🙂  May … Read more Nifty Weekly Analysis For Jan 2017

Nifty Bounce 300 Points from gann support zone, EOD Analysis

FII’s bought 11.9 K contract of Index Future worth 752 cores ,11.2 K Long contract were added by FII’s and 689 short contracts were liquidated by FII’s. Net Open Interest increased  by 10.5 K contract, so rise in market was used by FII’s to enter long and exit shorts  in  Index futures. Traders New Year’s Resolutions … Read more Nifty Bounce 300 Points from gann support zone, EOD Analysis

Bank Nifty continue face resistance at 18250,EOD Analysis

As discussed in Last Analysis  Fresh shorts should be taken below 17800 only for a move towards 17640/17440. As seen in below chart Unable to close above 18250 we can see fall towards 16980/16500. Bank Nifty made low of 17606 and staged a good recovery but in this rise also was not able to close … Read more Bank Nifty continue face resistance at 18250,EOD Analysis