Bank Nifty Analysis for 13 Jan

As discussed in Last Analysis  As Mercury Jupter Conjuction happend today suggesting today high and low is important for next move in Bank Nifty,Bulls need to move above 32300 for a move back to 32492/32697/32900. Bears will get active below 31795 for a move back to 31590/31343/31200. Jupiter Rules Bank Nifty so will have impact … Read more

MCX Gold Weekly Trading Strategy

GOLD Gann Angle Chart Gold Price cracked the gann angle support line with ease heading lower. GOLD Plannetary Support and Resistace Line  Price has broken  Sun Plannetary line and heading towards Venus Plannetary line. GOLD Harmonic Analysis Heading towards 46225 below 48850 GOLD Pressure Date 13  Jan Important time cycle date. Weekly Trend Change Level:48850 … Read more

Nifty Weekly Expiry Analysis

FII sold 2.9 K contract of Index Future worth 295 cores, Net OI has decreased by 3.2 K contract3  K Long contract were covered by FII and 170 Shorts were covered by FII. Net FII Long Short ratio at 3.5 So FII used rise to exit longs and exit shorts.FII have heavily throw funds towards … Read more

Nifty Analysis for 06 Jan

FII sold 1.5 K contract of Index Future worth 176 cores, Net OI has decreased by 2.3 K contract,1.9 K Long contract were covered by FII and 423  Shorts were covered by FII. Net FII Long Short ratio at 3.6 So FII used rise to exit longs and exit shorts. As discussed in Last Analysis … Read more