In Continuation with Previous Post For Bank Nifty Analysis on Election Day Watch this Video https://www.youtube.com/watch?v=5VTjUA0CPnY 5 State Election Results 2016 Conclusion: Nifty Made Short term top and saw Correction of 200 points in 4 days 5 State Election Results 2017 Conclusion: Result came on Weekend not during market hours… Read More »
Stock markets are all about ‘sentiments’, and elections play a key role in shaping the sentiments. In elections, political parties with widely different political and economic agendas clash. There is always slight fear making a home in the minds of the investors if the party being elected can be positive or negative to some businesses.… Read More »
FII’s bought 1.3 K contract of Index Future worth 1067 cores ,1.3 K Long contract were added by FII’s and 90 Short contracts were covered by FII’s. Net Open Interest decreased by 3.8K contract, so rise in Nifty was used by FII’s to exit long and enter short in Index futures.FII’s Long to Short Ratio at… Read More »
As Discussed in Last Analysis Now Bulls need a close above 27000 for the rally to continue till 27216/27360/27500. Bears will get active below 26780 for a move back to 26640/26496/26352. Bank Nifty bears got stopped out below 26780 and bulls also not able to close above 27000 and also unable to break gann angle … Read More »