Auro Pharma PFC Bharat Finance Price Time Analysis

Aurobindo Pharma

 

Positional Traders can use the below mentioned levels

Close above 529 Target 555/576

Intraday Traders can use the below mentioned levels

Buy above 526 Tgt

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Nifty does 9520 above 9410 in impulsive manner

As discussed in last analysis   Nifty opened at 9410, made high of 9431 but it triggered the sl for traders who went long but shorts are active as we again closed below 9390 so we can go towards the target of 9320/9280. Bullish on close above 9410 for a move towards 9460/9530. Nifty failed to do 9320 but once it moved above 9410 bulls were having upper hand and pushed index to do both target 9460/9530 high made was 9523. Now Bulls need a close above 9530 for next moved towards 9610/9666. Bearish below 9460 for a moved towards 9410/9370  Bank Nifty hits 23250 Holding 22740, What to expect in June Series

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Bank Nifty hits 23250 Holding 22740, What to expect in June Series

As discussed in Last Analysis  Bullish above 22740 for a move towards 22900/23110.   Bank Nifty opened above 22600 made high of 22674 so failed to move near 22740 but as soon as 22600 was broken bears moved towards our target of 22450 low made was 22470, Now close below 22450 we can see fast move towards 22350/22180/22000. Low made today was 22570 and as soon as 2274o was broken the big move started with leap and bounds and did the both target 22900/23110.From June Series perceptive bank nifty bulls need a close above 23300 for the next move towards 24100. Bearish below 22900 for a move towards 22500.   Money is a Lot Like Water

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Bank Nifty Technical Analysis for May Expiry

As discussed in Last Analysis  Below 22600 we can see down move towards 22450, Below 22450 we can see fast fall towards 22180/22000 . Bullish above 22740 for a move towards 22900/23110.   Bank Nifty opened above 22600 made high of 22674 so failed to move near 22740 but as soon as 22600 was broken bears moved towards our target of 22450 low made was 22470, Now close below 22450 we can see fast move towards 22350/22180/22000  Money is a Lot Like Water

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Nifty Technical Analysis for May Expiry

• FII's bought 2.3 K contract of Index Future worth 230 cores ,21.9 K Long contract were added by FII's and 19.5 K Short contracts were added by FII's. Net Open Interest increased  by 41.5 K contract, so fall in market was used by FII's to enter  long and enter short in  Index futures. Money is a Lot Like Water

As discussed in last analysis   Nifty broke 9390 made low of 9370 and closed below 9390 also below gann angle as shown in below chart, Unable to close above it we can see down move till 9320/9288. Bullish above 9410 for a move towards 9460/9530. Nifty opened at 9410, made high of 9431 but it triggered the sl for traders who went long but shorts are active as we again closed below 9390 so we can go towards the target of 9320/9280.

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