As discussed in Last analysis Close above 19700 on Weekly basis can see bank nifty moving towards all time high. Now Bulls need to hold 19700 on Weekly basis as seen in below chart of gann angles, we have closed above the important gann line, Now holding the range of 19700-19550 bank nifty can move… Read More »
Adani Port Positional Traders can use the below mentioned levels Close above 271 Tgt 288/295 Intraday Traders can use the below mentioned levels Buy above 271 Tgt 272.8,276 and 280 SL 268.5 Sell below 267 Tgt 265,261 and 257 SL 269 Apollo Tyre Positional Traders can use the below mentioned levels Close above 196… Read More »
Last Week we gave Chopad Level 19275 Bank Nifty gave Short entry on Monday which got stopped out on Tueday on gap up and traders who revered posiiton as per Chopad levels were rewarded handsomely , as it did all 3 target by Wednesday. Lets analyze how to trade in coming week. Bank Nifty Hourly… Read More »
Last Week we gave Chopad Levels of 8602, Nifty close above the chopad level on Monday giving Long entry to Chopad Followers and did all 3 target by Wednesday. Last Week Chopad Level of 8602 was major support for bulls as Nifty failed to close below it. As discussed last week As per Gann Time… Read More »
WISHING ALL READERS A HAPPY GANESH CHATURTHI AND I PRAY TO GOD FOR YOUR PROSPEROUS LIFE. MAY YOU ALL FIND ALL THE DELIGHTS OF LIFE AND ALL YOUR DREAMS COME TRUE.
Paryushan parva is a time of reflection on our past year actions. It is observed during every Chaturmas commencing on the twelth day of the shukla paksha of “Bhadrapad” month and ending on the fourth day of Krishna paksha of Bhadrapad. It is marked by strict observance of the ten cardinal virtues: Forgiveness, Charity, Simplicity,… Read More »
The AB=CD or ‘lightning bolt pattern‘ Harmonic Pattern AB=CD is a reversal pattern that helps you identify when the price is about to change direction AB=CD pattern is a four point harmonic pattern which may be considered the developmental basis for other harmonic patterns. A-B leg when a market is trending upwards, the first leg… Read More »
FII’s sold 6.3 K contract of Index Future worth 399 cores ,4.6 K Long contract were liquidated by FII’s and 1.6 K short contracts were added by FII’s. Net Open Interest decreased by 3 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. Do Not Limit… Read More »
Source Paul Tudor Jones II: “The most important rule of trading is to play great defense, not great offense. Every day I assume every position I have is wrong. I know where my stop risk points are going to be. … If they are going against me, then I have a game plan… Read More »
As discussed in Last analysis Close above 19700 on Weekly basis can see bank nifty moving towards all time high. Now Bulls need to hold 19700 on Weekly basis as seen in below chart of gann angles, we have closed above the important gann line, Now holding the range of 19700-19550 bank nifty can move… Read More »