Yearly Archives: 2016

Bank Nifty ready for big move,EOD Analysis

By | May 2, 2016 8:57 pm

Bank Nifty is unable to close above the gann green arc and 16800 level, also unable to close below 16500 suggesting fight is on between bulls and bears, break of 16500 can see move towards 16350/16188 and break above 16800 can see fast move towards 17000.  Qualities professional trade needs to develop Bank Nifty May… Read More »

Bank Nifty Weekly Forecast for 02-06 May

By | May 1, 2016 7:49 pm

Last Week we gave Chopad Level 16800 Bank Nifty gave Long entry on Tuesday which did 1 target on Monday Longs taken got Stopped out on Thursday and Shorts initiated on Thursday did 2 target on downside low made was 16527 which was near our 2 target of 17500. Lets analyses how to trade Bank… Read More »

Bank Nifty held on to 200 DMA,EOD Analysis

By | April 30, 2016 11:17 am

As discussed in last analysis   High made today was 17023 bank nifty unable to scale above the supply zone level of 17067 and also the gann resistance line and bears got active below 16800 and saw the decline till  200 DMA, Break of 16700 can again see a quick fall till 16500, Bank Nifty made… Read More »

HDIL Lupin and ACC Harmonic Study

By | April 29, 2016 7:45 am

HDIL Positional/Swing Traders can use the below mentioned levels Close above 86.5 Tgt 89/91 Intraday Traders can use the below mentioned levels Buy above 86.5 Tgt 87.2,88.3 and 89.4 SL 85.8 Sell below 85.5 Tgt 84.5,83.7 and 82 SL 86.1   ACC Positional/Swing Traders can use the below mentioned levels Close above 1453 Tgt 1508/1542… Read More »

Nifty holds its 200 DMA,EOD Analysis

By | April 28, 2016 11:44 pm

FII’s bought 1.7 K contract of Index Future worth 103 cores ,37.5 K Long contract were liquidated by FII’s and 55.6  K short contracts were liquidated by FII’s. Net Open Interest decreased  by 93.1 K contract, so fall in market was used by FII’s to exit both  long and shorts in  Index futures. Patience Is A… Read More »