As discussed in Last Analysis Bank Nifty continued its rally and closed above 19700, Holding 19700 bank nifty can bounce till 20000/20400. Bearish only on closed below 19360 for a move till 19140/18920. Bank Nifty gave whipsaw as it closed above 19700 but failed to give the follow upmove. Downside made low of 19561 and… Read More »
For many people, the road less traveled is less traveled for a reason. The road is long and often lonely. The stretches can seem to last forever, with no end in sight. It is a road to accountability, a road lined with mirrors all around, forcing us to look at ourselves in the eyes. Let’s… Read More »
CESC Positional Traders can use the below mentioned levels Close below 732 Target 699 Intraday Traders can use the below mentioned levels Buy above 740 Tgt 746, 758 and 765 SL 736 Sell below 732 Tgt 728,721 and 710 SL 736 IDEA Positional Traders can use the below mentioned levels Close below 77… Read More »
Last Week we gave Chopad Level 18740 Bank Nifty gave Long Entry on Monday as low made was 18722 and did all target by Wednesday thus rewarding disciplined Chopad followers. Lets Analyze How to trade Nifty in coming week as we have Union Budget on 01 Feb. Below links will help you in planning traders… Read More »
Last Week we gave Chopad Levels of 8335, Nifty gave Long Entry on Monday as low made was 8327 and did all target by Wednesday thus rewarding disciplined Chopad followers. Nifty Time cycle which started on 10 Jan till 25 Jan gave 351 points move. Now we have new time cycle which started from 27… Read More »
Indian Union Budget will be presented on 01 Feb 2017 , and as discussed in previous post Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do not know so… Read More »
Union Budget 2017 will be presented on 01 Feb by Honorable Finance Minister Shri Arun Jatielyji. 2 Budget in the Leadership of our Beloved PM Shri Narendra Modiji. This Budget will have loads of Expectation after the Major Reform of Demonetization. Will it be one of Dream Budget ? Last Budget we made a Bottom… Read More »
Union Budget 2017 will be presented on 01 Feb by Honorable Finance Minister Shri Arun Jatielyji. 2 Budget in the Leadership of our Beloved PM Shri Narendra Modiji. This Budget will have loads of Expectation after the Major Reform of Demonetization. Will it be one of Dream Budget ? Last Budget we made a Bottom… Read More »
FII’s bought 8.8 K contract of Index Future worth 586 cores ,17.7 K Long contract were added by FII’s and 8.8 K short contracts were added by FII’s. Net Open Interest increased by 26.5 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. King Raghu’s story… Read More »
As discussed in Last Analysis Bank Nifty closed above 19067 suggesting bulls are in control and opened above 19100 suggesting bulls are gaining momentum and fired all guns doing target of 19500. Now bulls need close above 19700 for a move towards 20400. Bearish only on close below 19100. As i always say Gann Analysis keeps… Read More »