Monthly Archives: March 2018

Bank Nifty Bulls bounces with meeting of price and time,EOD Analysis

By | March 26, 2018 8:03 pm

As Discussed in Last Analysis  As we are trading below 24100 bears can extend fall towards 23400/23250/23000/22720. Bullish above 24100 only. Gann Angles helped up in capturing the top and hopefully the bottom also in range of 23000-22720.  Bank Nifty again bounced from gann angle as shown in below chart, traders who went long above… Read More »

Nifty close below 10000 , EOD Analysis

By | March 24, 2018 4:07 pm

FII’s sold 25 K contract of Index Future worth 2010 cores ,14.4 K Long contract were covered by FII’s and 10.8 K Short contracts were added by FII’s. Net Open Interest decreased  by 3.5 K contract, so fall in market was used by FII’s to exit long and enter short in  Index futures.  FII’s Long to… Read More »

Bank Nifty break 24100 capitulation on cards, EOD Analysis

By | March 24, 2018 10:46 am

As Discussed in Last Analysis  Low made today was 24095 so bulls continue to hold time cycle low of 24100, but as market is touching support again and again suggesting crack are showing, Any hourly close below 24050 can see face decline towards 23800/23600. Till 24100 is holding bulls can bounce back towards 24250/24355/24480. Bank Nifty… Read More »