Monthly Archives: March 2014

Bank Nifty Weekly Forecast for March Series

By | March 2, 2014 6:19 pm

Last Weekly we gave Chopad level Bank Nifty 10626 and achieved 2 target  upside.  Bank Nifty Hourly Bank Nifty hourly charts is trading above  its 200HSMA ,Closing above 10802 bounceback can be seen till 10900-11000. Bank Nifty Daily Bank Nifty on daily chart is near its gap resistance .Breakout comes above 10802 for target of… Read More »

Understanding Put Call Ratio

By | March 1, 2014 2:38 pm

As the name suggests, it is the ratio of all the Puts/Calls traded every day. If the ratio is more than 1, it means that more puts have traded during the day and if it is less than 1 it means more calls traded during the day. To trade based on PCR; you will first… Read More »