Nifty Analysis as Mercury Turns Retrograde

FII sold 4.8 K contract of Index Future worth 298 cores, Net OI has increased by 3.6 K contract, 610  Long contract were liquidated by FII and 4.2 K short were added by FII. Net FII Long Short ratio at 0.64, So FII used rise to exit longs and enter shorts. As discussed in last … Read more Nifty Analysis as Mercury Turns Retrograde

Bank Nifty Analysis as Mercury Turns Retrograde

As discussed in Last Analysis   Bulls need to break 30200 for the upmove to continue towards 30450/30666. Bears have there chance below 30800 for a move back to 30555/30350. High made was 30203 and low 30901 so we did not break high and low, as we have Mercury Retrograde after 1 Year we should … Read more Bank Nifty Analysis as Mercury Turns Retrograde

Bank Nifty Analysis for Monthly Closing

As Discussed in Last Analysis Now above 31206  bulls have chance to rally towards 31365/31574. Bears will get active only below today close of 30940 for a move towards 30738/30529. 31365 done, Yesterday was mercury ingress as discussed in below video,Bank Nifty Bulls will get active above 31500 for a move towards 31784/32000. Bears will … Read more Bank Nifty Analysis for Monthly Closing