Market (Banknifty) looks slightly bullish, but has resistance at 20000

Jegathesan Durairaj
October 5, 2016August 24, 2018
No Comment

Time: 7:30 am Monthly/Weekly chart are in bullish convergence, but sitting in the top.Day chart is bullish as RSI in increasing pattern.4 Hours chart is in bullish convergence with RSI in increasing pattern.RBI rate cut helped market to go up a bitBank nifty may help nifty to go up.Market is

Banknifty will be volatile as RBI meet is at 11 am, but looks bullish for short term.

Jegathesan Durairaj
October 4, 2016August 24, 2018
No Comment

Time: 7:30 am Monthly/Weekly chart is in bullish convergence, but sitting in the top. Day chart is bullish as RSI in increasing pattern.4 Hours chart is in bullish convergence.FII buying concentration has come low on averageExpecting fresh long todaySGX nifty is trading positively.Bank nifty may help nifty to go up.Market

Market (Banknifty) looks slightly bullish, but has resistance at 20000

Banknifty will be volatile as RBI meet is at 11 am, but looks bullish for short term.

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Huge long added and FII are in buy side with heavy volume. Looks bullish. Time to sell PE in march. Better to avoid expiry trading or do less volume

Shorts added in BNF and long added in Nifty. Market may result in high volatile, but may go flat. Time to sell CE in BNF and PE in Nifty in March

Huge shorts added in Nifty and Banknifty. Banknifty looks too weak with running down max pain. Looks bearish though SGX looks positive. Time to sell CE

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