Has Nifty formed short term bottom,FII FnO Data Analysis

[ Thursday, December 18 | 0 comments ]
FII
  • FII's bought  1.7 K contract of Index Future worth 36 cores, 15.4 K Long contract were added by FII's and 13.7 K short contracts  were added by FII's. Net Open Interest increased  by 29.2 K contract ,so FII's added long in Index Futures  and continue adding shorts in index future.
 Nifty has corrected the scared 666 points in the current correction, Review of Nifty Corrections in 2014  .As discussed yesterday Today fall has lead to capitulation as the last savior of Bulls pharmas cracked today, market showed good recovery from the low of 7961 but till it do not close above  8082 bears are still having upper hand. Nifty has taken support near the Gann Box, also signalling short term bottom can be formed soon.  So signs of..

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Bank India,Jubilant Food and IDFC Harmonic pattern analysis

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Bank India

Bank India

Positional traders should watch for close above 288 for short term target of 300/310/322.
Intraday traders can use the below mentioned levels

Buy above 285 Tgt..

 

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Nifty corrects 666 points, FII FnO Data Analysis

[ Wednesday, December 17 | 0 comments ]
FII
  • FII's sold 24.6 K contract of Index Future worth 493 cores, 6.3 K Long contract were liquidated by FII's and 18.2 K short contracts  were added by FII's. Net Open Interest increased  by 11.9 K contract ,so FII's liquidated long in Index Futures  and continue adding shorts in index future.
 Nifty has corrected the scared 666 points in the current correction, Review of Nifty Corrections in 2014  .Today fall has lead to capitulation as the last savior of Bulls pharmas cracked today, market showed good recovery from the low of 7961 but till it do not close above  8082 bears are still having upper hand. Nifty has taken support near the Gann Box, also signalling short term bottom can be formed soon. Current market correction Bull market correction are fast and furious so use the dips to enter delivery based buying. As per quantitative analysis maximum rise seen in current fall is 80-90 points so if we rise more than 90 points we can see..
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Nifty continue with fall, FII FnO Data Analysis

[ Tuesday, December 16 | 0 comments ]
FII
  • FII's sold 24.7 K contract of Index Future worth 556 cores, 19.6 K Long contract were added by FII's and 5 K short contracts  were added by FII's. Net Open Interest decreased  by 24.7 K contract ,so FII's liquidated long in Index Futures  and continue adding shorts in index future.
 Nifty has corrected 575 points in the current correction, Review of Nifty Corrections in 2014  Nifty has broken both AF support and 50 SMA with gap down, now heading towards the 61.8% Fibo retracement of current fall. Nifty has from past 3 times bounced from this level as shown below. Bull market correction are fast and furious so use the dips to enter delivery based buying. As per quantitative analysis maximum rise seen in current fall is 80-90 points so if we rise more than 90 points...
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Nifty trades around 50 DMA, FII FnO Data Analysis

[ Monday, December 15 | 0 comments ]
FII
  • FII's bought 6.6 K contract of Index Future worth 178 cores, 7.6 K Long contract were added by FII's and 0.9 K short contracts  were added by FII's. Net Open Interest increased  by 8.6 K contract ,so FII's added long in Index Futures more aggresively and continue adding shorts in index future.
 Nifty has corrected 475 points in the current correction, Review of Nifty Corrections in 2014  We are near AF Support, September month resistance of 8181 and 50 SMA, so traders shorts can book profit. Bulls will get...

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