As discussed in Last Analysis We gave this message on our Facebook page on Friday,Traders who went long would have been rewarded by this message as bank nifty bounced back around 400 points from the low. Bulls should hold 24100 for a move towards 24372/24520/24648. Bears below 24000 can push bank nifty towards 23822/23755/23540. Bank… Read More »
DLF Positional Traders can use the below mentioned levels Close below 180 Target 174/169 Intraday Traders can use the below mentioned levels Buy above 183 Tgt 185, 187 and 190 SL 182 Sell below 180 Tgt 177,175 and 173 SL 182 NCC Positional Traders can use the below mentioned levels Close below… Read More »
Last Week we gave Chopad Level 24850 Bank Nifty gave Long Entry on Monday got stopped out, short on Tuesday did the Third target by Thursday ,so good week for Chopad followers.Lets see How to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty bulls need to hold 24100 for uptrend… Read More »
Last Week we gave Chopad Levels of 10090, Nifty gave short entry to Chopad Followers on Monday as we made High made was 10088 and did all 3 target on downside making impulsive move on start of new time cycle. Lets see How to trade Nifty in coming week as we approach important time cycle… Read More »
FII’s sold 5.3 K contract of Index Future worth 452 cores ,6.1 K Long contract were liquidated by FII’s and 735 Short contracts were liquidated by FII’s. Net Open Interest decreased by 6.8 K contract, so rise in market was used by FII’s to exit long and exit short in Index futures. FII’s Long to Short… Read More »
As discussed in Last Analysis I have discussed the importance of 24476-24480 yesterday we closed below it and today we are down 500 points from that level.As seen in below chart of bank nifty with gann angle price moves quiet swiftly towards the next gann angle. Fresh shorts can be taken below 24000 for a… Read More »
Outta Control Again, it’s all about control. Our human minds desire consistent, predictable, expected results. Not sometimes, mind you. Every time. We like to know that the sun will rise tomorrow. We like to know that 2+2=4. We like to know that water runs downhill, and a hot stove will burn us if touched. We… Read More »
In Continuation with Previous Article Introduction to Bollinger Bands Bollinger Band Trading Strategies Bollinger Bands to identify tops and bottoms Trend Following Bollinger Bands to identify tops and bottoms Bollinger Band can be sued to identify potential tops and bottom in the stock/ETF. Following 3 points should be kept in mind to identify potential… Read More »
In Continuation of Previous Post Interpretation The most popular method of interpreting a moving average is to compare the relationship between a moving average of the security’s price with the security’s price itself. A buy signal is generated when the security’s price rises above its moving average and a sell signal is generated when the… Read More »
The Arms Index (also known as TRIN, an acronym for TRading INdex) was developed in 1967 by Richard Arms. It is a volume-based indicator that determines market strength and breadth by analyzing the relationship between advancing and declining issues and their respective volume. The Arms index is used to measure intraday market supply and demand,… Read More »