Monthly Archives: January 2018

Nifty technical setup for Budget day

By | January 31, 2018 10:10 pm

FII’s sold 608 contract of Index Future worth 83 cores ,663 Long contract were covered by FII’s and 55 Short contracts were covered by FII’s. Net Open Interest decreased  by 718 contract, so fall in market was used by FII’s to exit long and eeit short in  Index futures. FII’s Long to Short Ratio at 2.3.… Read More »

Bank Nifty technical setup for Budget day

By | January 31, 2018 9:08 pm

As Discussed in Last Analysis  Bank Nifty opened with gap down below 27485 was bearish level of 25400 was triggered and did our 1 target. Below 27250 we can fall towards 27151/27000. Bullish above 27485 for a move towards 27652/27777/28000.As we have monthly closing tommrow bulls would like to close above 27300. Bank Nifty did… Read More »

What not to do on Budget Day Trading

By | January 31, 2018 3:32 pm

Most of the Professional traders do not choose to trade on the budget day as it involved wild swings and one bad trade can give you a big hit on your trading account  but there are many traders who wait for this day to take a plunge. Most of the traders end up losing a… Read More »

Nifty pre-budget Analysis

By | January 30, 2018 9:53 pm

FII’s sold 16.6 K contract of Index Future worth 1440 cores ,843 Long contract were added by FII’s and 17.4 K Short contracts were added by FII’s. Net Open Interest increased  by 18.3 K contract, so fall in market was used by FII’s to enter long and enter short in  Index futures. FII’s Long to Short… Read More »

Bank Nifty bulls close above gann angle,EOD Analysis

By | January 29, 2018 6:29 pm

As Discussed in Last Analysis  High made today was 27522 and Low made was 27152 so bulls were unable to close above 27485 and bears below 27200 thus whipsawing both bulls and bears on expiry day. Plan remains Bulls need a close above 27485  gann angle resistance as shown in below chart for the next rally… Read More »

Price Time Squaring: Wock P Rel Cap Ujjivan

By | January 29, 2018 7:55 am

WockPharma Positional Traders can use the below mentioned levels Close above 923 Target 966/999 Intraday Traders can use the below mentioned levels Buy above 913 Tgt 920,930 and 950 SL 915 Sell below 898 Tgt 890,880 and 870 SL 907     Reliance Capital Positional Traders can use the below mentioned levels Close above 511… Read More »