Monthly Archives: May 2016

Bank Nifty continues the uptrend,EOD Analysis

By | May 10, 2016 7:51 pm

As discussed in last analysis   Now Bulls need a close above 16792 for next move till 17000/17100. Bears will be active only below 16500 for move towards 16188.  High made today was 16812 but closed just shy of 16792, one we have a close above 16792 we can see next move towards 17067. Bearish only… Read More »

IRB Jet and Adani Port Harmonic Pattern Analysis

By | May 10, 2016 7:49 am

IRB Positional/Swing Traders can use the below mentioned levels Close above 220 Tgt 228/233 Intraday Traders can use the below mentioned levels Buy above 220 Tgt 222.5,224 and 226  SL 219 Sell below 216 Tgt 213.5,212 and 210  SL 218   JET AIRWAYS Positional/Swing Traders can use the below mentioned levels Close above 665 Target… Read More »

How Emotions Hijack trading

By | May 9, 2016 3:37 pm

Every trades have experienced strong emotions in his/her trading and have struggled with them. One of the main reason for erratic trading results ie. Having big loss because you stayed on the trade hoping the market will reverse or missing out on big profit by exiting early have been attributed to emotions. Strong emotions have… Read More »

Bank Nifty hold 16188,Weekly Analysis

By | May 8, 2016 8:26 pm

Last Week we gave Chopad Level 16800 Bank Nifty did not give entry as High made 16719 did not touch chopad level of 16800.  Lets analyses how to trade Bank nifty in coming week, Will the age old adage , “SELL IN MAY AND GO AWAY” hold true in May month. Bank Nifty Hourly  … Read More »