Monthly Archives: May 2018

Bank Nifty hold 26352 and bounced 500 point,EOD Analysis

By | May 31, 2018 8:38 pm

As Discussed in Last Analysis Bank Nifty opened gap down took support near 26000 and bounced back, Now bulls need to see a close above 26352 for a move back to 26496/26640/26777. Any break of 26208 can see fast decline towards 26064/25920/25776/25600. Low made today was 26354 so again bank nifty respected our level of 26352… Read More »

Nifty May Expiry Analysis

By | May 30, 2018 11:42 pm

FII’s sold 9.8 K contract of Index Future worth 832 cores ,7.3 K Long contract were added by FII’s and 17.1 K Short contracts were added  by FII’s. Net Open Interest increased  by 24.4 K contract, so rise in market was used by FII’s to enter long and enter short in  Index futures.  FII’s Long to… Read More »

Bank Nifty May Expiry Analysis

By | May 30, 2018 9:07 pm

As Discussed in Last Analysis   As soon was 26500 broken we saw the decline towards 26250 so we again reacted from gann angle resistance zone. Any break of 26208 can see fast decline towards 26064/25920/25776/25600. Bullish above 26352 for a move back to 26496/26640/26777. Bank Nifty opened gap down took support near 26000 and bounced… Read More »

Harmonic Pattern Analysis: Rel Cap Infratel M&M Finance

By | May 30, 2018 9:01 am

Reliance Capital Positional Traders can use the below mentioned levels Close below 405 Target 393/385   Intraday Traders can use the below mentioned levels Buy above 416 Tgt 420,425 and 431 SL 412 Sell below 411 Tgt 406,401  and 396 SL 415   Bharti Infratel Positional Traders can use the below mentioned levels Close below… Read More »

Bank Nifty react from gann angle resistance,EOD Analysis

By | May 29, 2018 7:14 pm

As Discussed in Last Analysis  Bulls should now hold 26550-26569 range for the upmove to continue towards 26896-26928 where we have an important supply zone and also gann angle resistance. Bearish below 26500 only.  High made today was 26570 exactly near our support zone of 26569 this is how gann helps in finding pin point… Read More »