Bank Nifty Analysis for Lok Sabha Result Day

As Discussed in Last Analysis Bears got active below 30500 and did our 1 target of 30360 Low made was 30265 near gann angle, Now Bulls need to move above 30500 for a move towards 30700/31000/31333. We formed an inside day today be prepared for volatility if you are having small capital try to stay away … Read more

How exit polls have fared in past Lok Sabha elections

An election exit poll is a poll of voters taken immediately after they have exited the polling stations. Unlike an opinion poll, which asks for whom the voter plans to vote, or some similar formulation, an exit poll asks for whom the voter actually voted. Exit polls predict another huge win for our Beloved PM Shri Narendra Modiji, forecast are varying from  … Read more

Nifty heading towards Life High after Historic Election Win

FII’s sold 8.9 K contract of Index Future worth 617 cores , 3.3 K Long contract were liquidated by FII’s and 5.5 K long contracts were added by FII’s. Net Open Interest increased  by 2.1 K contract, so rise in market was used by FII’s to exit long and enter short in  Index futures. How Kobe … Read more

Nifty ready for Big move, FII Data Analysis

FII’s bought 7  K contract of Index Future worth 276 cores, 2.7 K Long contract were added and 4.2 K short contracts  were squared off by FII’s. Net Open Interest decreased  by 1.4 K contract , so FII are going long ans squaring off shorts in Index Futures.From start of series net on net basis  FII … Read more

Nifty Weekly Analysis before Exit poll and Lok Sabha election results

Last Week we gave Chopad level of 6726, Nifty did 2 target on upside and 1 target on downside .Nifty has gained 17 % since Sept. 13 when NaMo was officially anointed as Prime ministerial candidate. Exit poll and outcome of the election. IIP, WPI and CPI data due next week. Lets analyze how to … Read more