As Discussed in Last Analysis High made yesterday was 27873 so we were not able to cross the resistance zone and today as soon as 27610 broken we saw a decline towards our 1 target 27500. Bears need a close below 27485 for a move back to 27400/27319/27236/27154. Bullish above 27648 for a move back… Read More »
PEL Positional Traders can use the below mentioned levels Close below 2800 Target 2736/2700 Intraday Traders can use the below mentioned levels Buy above 2817 Tgt 2840,2863 and 2910 SL 2805 Sell below 2800 Tgt 2780,2760 and 2735 SL 2817 Torrent Pharma Positional Traders can use the below mentioned levels Close below 1520… Read More »
FII’s bought 12.9 K contract of Index Future worth 1208 cores ,11.4 K Long contract were added by FII’s and 1.4 K Short contracts were covered by FII’s. Net Open Interest increased by 9.9 K contract, so fall in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to… Read More »
As Discussed in Last Analysis Bank Nifty formed an inside bar pattern and we have important time cycle coming on 02 Aug and also Monetary policy tommrow so we should see impulsive move, Bulls need to start getting cautious as we are approaching the zone of resistance of 27889-27936, where we can see profit booking. Bearish… Read More »
Winning traders are courageous. They show courage when they risk their money, and face the possibility of losing it. They show courage when they follow their convictions, and possibly let their pride and ego get hurt. But courageous trading is a little more complicated than it appears at first glance. Courageous trading is not merely… Read More »
BEML Positional Traders can use the below mentioned levels Close above 900 Target 932/956 Intraday Traders can use the below mentioned levels Buy above 900 Tgt 912,926 and 940 SL 894 Sell below 890 Tgt 880,870 and 860 SL 896 Engineer India Positional Traders can use the below mentioned levels Close above 137… Read More »