Last Week we gave Chopad Level 14994 Bank Nifty did 2 target on downside and 1 Target on Upside. We got multiple trades in whole week as the volatility was at its peak in bank nifty Traders should work on New Year resolutions and use the below 2 post for planning a successful and profitable… Read More »
Last Week we gave Chopad Levels of 7376 , Nifty gave short entery on Monday which got stopped out on Tuesday, and Traders were able to Intitate long which moved till 1 Tgt of 7457 High made was 7462. Shorts were again triggered on Wednesday Open and Did 2 target on downside @7450, Low made… Read More »
Introduction Fibonacci numbers were derived from an Italian mathematician Leonardo Pisano. Fibonacci was a mathematician who was born in Italy around the year 1170. It is believed that Mr. Fibonacci discovered the relationship of what are now referred to as Fibonacci numbers while studying the Great Pyramid of Gizeh in Egypt. What are Fibonacci numbers… Read More »
FII’s bought 10.9 K contract of Index Future worth 556 cores ,1.2 K Long contract were liquidated by FII’s and 12.2 K short contracts were liquidated by FII’s. Net Open Interest decreased by 13.5 K contract, so rise in market was used by FII’s to exit long and exit shorts in Index futures. The story of… Read More »
As discussed in last analysis Bank Nifty price action suggest a change in trend as we saw buying near the demand zone. Break of 15380 can see move towards 15713/15872. Bank Nifty broke above 15380 holding gann arc as shown below now this range of 15320-80 should act as support till expiry. Resistance at 15713/15872… Read More »
Once upon a time, a very strong woodcutter asked for a job in a timber merchant and he got it. The pay was really good and so was the work condition. For those reasons, the woodcutter was determined to do his best. His boss gave him an axe and showed him the area where he… Read More »
Jubilant Food Positional/Swing Traders can use the below mentioned levels Close above 1175 Tgt 1220/1300 Intraday Traders can use the below mentioned levels Buy above 1164 Tgt 1176 ,1200 and 1220 SL 1156 Sell below 1140 Tgt 1127 ,1106 and 1075 SL 1150 Yes Bank Positional/Swing Traders can use the below mentioned levels Close… Read More »
FII’s bought 6.3K contract of Index Future worth 329 cores ,6.9 K Long contract were added by FII’s and 575 short contracts were added by FII’s. Net Open Interest increased by 7.5 K contract, so fall in market was used by FII’s to enter long and enter shorts in Index futures. Do you have what it… Read More »
As discussed in last analysis Range of 15320-15380 is very crucial closing above it bulls will rise more and unable to do so we can revisit 15000 level again. Bank Nifty opened with gap up made high of 15364 and corrected till the green gann arc and bounceback, Todays price action suggest a change in… Read More »
Dont spent all your time admiring the fancy tools in the magazine. First learn how to use the basic ones well. Its not the size of your tools that counts but how you use them. Keep it simple. Simple time-tested methods that are well executed will beat fancy complicated method every time. Trading with poor… Read More »