Monthly Archives: August 2017

Bank Nifty corrects 500 points below 24450,EOD Analysis

By | August 10, 2017 11:45 pm

As discussed in Last Analysis    Bank Nifty closed below 24450 suggesting we can 24100 till we are below 24450. Bullish above 24480 for a move towards 24624/24800. Time Analysis combined with gann angle helped us in taking short below 24800 and rewarded with 450 points in 2 days. I have discussed the importance of 24476-24480… Read More »

Nifty corrects 200 points below 10090,EOD Analysis

By | August 9, 2017 11:35 pm

FII’s bought 4.3 K contract of Index Future worth 419 cores ,2.8 K Long contract were added by FII’s and 1.5 K Short contracts were liquidated by FII’s. Net Open Interest increased  by 1.3 K contract, so fall in market was used by FII’s to enter long and exit short in  Index futures. FII’s Long to… Read More »

Bank Nifty Bulls fails to protect 24480,EOD Analysis

By | August 9, 2017 11:06 pm

As discussed in Last Analysis    Bulls should hold 24480-476 range for the correction to be over, Bullish above 24626 for a move towards 24800/24928. Bears will become more strong below 24450 for a move towards 24299/24066  High made was 24532 and low made was 24328 so as soon as 24450 was broken bears attacked and… Read More »

Market Manipulation

By | August 9, 2017 5:21 pm

Source Jesse Livermore learned the art of stock market manipulation, manipulating the prices of thinly traded stocks, in bucket shops. On March 13, 1925, Arthur Cutten – one of his biggest rivals – accused Livermore of continuing his shady dealings – not in bucket shops – but, very seriously, on the Chicago Futures Exchange. At… Read More »

Harmonic Pattern Trade Set Up:PFC Sun TV VEDL

By | August 9, 2017 9:00 am

PFC Positional Traders can use the below mentioned levels Close Below 133 Target 129/125 Intraday Traders can use the below mentioned levels Buy above 136.2 Tgt 137.5, 139 and 141 SL 135.2 Sell below 135 Tgt 133.5,132.3 and 131 SL 135.8   VEDL Positional Traders can use the below mentioned levels Close Below 295 Target… Read More »

Will Bank Nifty Bull hold 24480 ,EOD Analysis

By | August 8, 2017 11:23 pm

As discussed in Last Analysis   Now bulls need a close above 25000 for a move towards 25250/25440/256000. Bears need close below 24800 for a move towards 24620/24480/24250/24000. High made today was 24966 so bulls were unable to close above 25000 and as soon as 24800 is broken bears were having upper hand and did low… Read More »