Yearly Archives: 2018

Bank Nifty technical setup after Budget

By | February 1, 2018 10:18 pm

As Discussed in Last Analysis  As we have budget tommrow with loads of volatility.I have mentioned the intraday levels use them for trading. Bulls need a close above 27000 for the uptrend to continue,Below 27000 we can see quick fall towards 26780/26570. Bullish above 27455 for a move towards 27777/28000. Important intraday time for reversal… Read More »

Key highlights of Budget 2018-19

By | February 1, 2018 1:24 pm

Govt’s health scheme to cover 10 crore poor families is world’s largest government-funded health protection scheme. * Arun Jaitley proposed to tax long term capital gains exceeding Rs 1 lakh at 10 per cent without indexation. * Electronic IT assessment will be rolled out across the country, leading to greater efficiency and transparency: FM *… Read More »

PNB BPCL PC Jweller Darvas Box Analysis

By | February 1, 2018 7:55 am

PNB   Positional Traders can use the below mentioned levels Close above 176  Target 184/193   Intraday Traders can use the below mentioned levels Buy above 172  Tgt 175,178  and 181 SL 171 Sell below 169 Tgt 167,165 and 162 SL 171   BPCL   Positional Traders can use the below mentioned levels Close above… Read More »

Nifty technical setup for Budget day

By | January 31, 2018 10:10 pm

FII’s sold 608 contract of Index Future worth 83 cores ,663 Long contract were covered by FII’s and 55 Short contracts were covered by FII’s. Net Open Interest decreased  by 718 contract, so fall in market was used by FII’s to exit long and eeit short in  Index futures. FII’s Long to Short Ratio at 2.3.… Read More »

Bank Nifty technical setup for Budget day

By | January 31, 2018 9:08 pm

As Discussed in Last Analysis  Bank Nifty opened with gap down below 27485 was bearish level of 25400 was triggered and did our 1 target. Below 27250 we can fall towards 27151/27000. Bullish above 27485 for a move towards 27652/27777/28000.As we have monthly closing tommrow bulls would like to close above 27300. Bank Nifty did… Read More »

What not to do on Budget Day Trading

By | January 31, 2018 3:32 pm

Most of the Professional traders do not choose to trade on the budget day as it involved wild swings and one bad trade can give you a big hit on your trading account  but there are many traders who wait for this day to take a plunge. Most of the traders end up losing a… Read More »

Nifty pre-budget Analysis

By | January 30, 2018 9:53 pm

FII’s sold 16.6 K contract of Index Future worth 1440 cores ,843 Long contract were added by FII’s and 17.4 K Short contracts were added by FII’s. Net Open Interest increased  by 18.3 K contract, so fall in market was used by FII’s to enter long and enter short in  Index futures. FII’s Long to Short… Read More »