Dabur Intraday Traders can use the below mentioned levels Buy above 283.2 Tgt 284.5, 286 and 288.5 SL 282.2 Sell below 280.5 Tgt 279.2,277 and 276 SL 282 Rel Infra Intraday Traders can use the below mentioned levels Buy above 613 Tgt 618, 625 and 632 SL 609 Sell below 607 Tgt 603.5,598 and… Read More »
Last Week we gave Chopad Level 19800 Bank Nifty Longs got triggered on Tuesday did the 1 target on upside , Lets analyze how to trade bank nifty in coming week. Bank Nifty Hourly On Hourly chart bulls need to held 19750-19700 zone,holding the same bulls can 20000/20250. Bears below 19650 can see sharp pullback… Read More »
Last Week we gave Chopad Levels of 8777, Nifty gave Long Entry on Monday which got stopped out on Tuesday as close was below chopad level, Short take again on Tuesday were again stopped out on Wednesday as close was above chopad level, But Long Taken on Wednesday rewarded the discipline chopad followers as next… Read More »
Bullish Bond Holding (BULL) Stock has been recently listed and has been trading in range of 20-27 from past few trading sessions as shown below, Stock tried to close above its upper band signalling breakout but was unable to do. Coming week if it close above 27.5 it can see momentum move towards 31-34 in… Read More »
Introduction Developed by John Bollinger, Bollinger Bands are volatility bands placed above and below a moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands automatically widen when volatility increases and narrow when volatility decreases. Bollinger Bands are similar to moving average envelopes. The difference between Bollinger… Read More »
FII’s bought 5.2 K contract of Index Future worth 385 cores ,4.8 K Long contract were added by FII’s and 0.4 K short contracts were liquidated by FII’s. Net Open Interest increased by 4.3 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures. With self-confidence &… Read More »
As discussed in Last analysis Bank Nifty opened above 19928 made a high of 20264 but closed below 20155, today high is very important and unable to close above it tomorrow can see correction back till 19800-19700 zone. Bullish only on close above 20155 for target of 20500. As seen in below gann chart, Bank… Read More »
I had an opportunity to interact with the readers of a famous Magazine. It was a two-day program. At the end of the program, a young man asked me: ‘Swamiji! I am a postgraduate. It is more than ten years since I completed my studies. So far, I have not received even a single interview… Read More »
Reliance Positional Traders can use the below mentioned levels Close below 1076 Tgt 1042/1021 Intraday Traders can use the below mentioned levels Buy above 1096 Tgt 1102, 1111 and 1121 SL 1092 Sell below 1085 Tgt 1080,1072 and 1064 SL 1090 TVS Motor Positional Traders can use the below mentioned levels Unable to cross… Read More »
FII’s sold 3.5 K contract of Index Future worth 299 cores ,2.6 K Long contract were liquidated by FII’s and 0.8 K short contracts were added by FII’s. Net Open Interest increased by 1.8 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. The Ten Tasks… Read More »