Monthly Archives: March 2017

Nifty make life High holding gann level of 8850, EOD Analysis

By | March 15, 2017 1:04 am

FII’s bought 26.8 K contract of Index Future worth 1837 cores , 35 K Long contract were added by FII’s and 8.2 K long contracts were added by FII’s. Net Open Interest increased  by 43.3 K contract, so rise in market was used by FII’s to enter long and exit short in  Index futures. How Kobe… Read More »

Bank Nifty does 21250 Holding Gann Angle,EOD Analysis

By | March 15, 2017 12:22 am

As discussed in Last Analysis  Bank Nifty continue to hold its gann 1×1 angle, before the crucial election results and can head towards 21500/22000 as per gann angles next resistance as shown below. Traders following the analysis should have made good money in todays gap up, as price was holding gann angle 1×1 and showed the… Read More »

Chasing a Trade

By | March 14, 2017 5:06 pm

Everyone knows that chasing price is usually not beneficial, we either end up catching the move too late, or we get poor trade location, which makes it more difficult to manage the trade. However, there are other forms of chasing that are just as common, maybe more common, and just as counter-productive. Traders who are… Read More »

Nifty Weekly Forecast after UP Election Results

By | March 13, 2017 2:05 pm

Last Week we gave Chopad Levels  of 8921, Nifty gave multiple entry in last week  Long Entry  on Monday which  did 1 target on Upside by Tuesday.Nifty for a single session was not able to close below the Chopad level of 8921 suggesting Bulls were ready for the Big gap up which will happen tomorrow. … Read More »

Nifty heading towards Life High after Historic Election Win

By | March 11, 2017 8:11 pm

FII’s sold 8.9 K contract of Index Future worth 617 cores , 3.3 K Long contract were liquidated by FII’s and 5.5 K long contracts were added by FII’s. Net Open Interest increased  by 2.1 K contract, so rise in market was used by FII’s to exit long and enter short in  Index futures. How Kobe… Read More »

Bank Nifty heading towards 21500 after Historic Election Win

By | March 11, 2017 11:27 am

As discussed in Last Analysis Bank Nifty continue to make low near the gann angle and continue to move upwards, Now if we close above 20750 tomorrow we can see quick move towards 20900/21000. Bearish below 20550 for a move towards 20300/20000.  Traders having capital less than 10 lakhs should avoid trading for next 2… Read More »