Monthly Archives: August 2019

Bank Nifty EOD Analysis for 21 Aug

By | August 20, 2019 9:59 pm

As Discussed in Last Analysis  Bank Nifty Bulls will get active above 28270 for a move back to 28450/28666/28900. Bears will get active below 28140 for a move back to 28100/27920/27800. Low made was 27839 so we almost did all our target on downside.Bank Nifty Bulls will get active above 28100 for a move back… Read More »

Darvas Box Trading

By | August 20, 2019 9:55 am

Maruti Positional  Traders can use the below mentioned levels Close above 6020 Target 6200 Intraday Traders can use the below mentioned levels Buy above 6020 Tgt 6050,6080 and 6140 SL 6000 Sell below 5970 Tgt 5920,5860 and 5800 SL 6000 TITAN Positional  Traders can use the below mentioned levels Close above 1100 Target 1150 Intraday… Read More »

Nifty forms NR7 Pattern

By | August 20, 2019 12:14 am

FII sold 1.8 K contract of Index Future worth 72 cores, Net OI has decreased by 4.9 K contract, 3.4 K Long contract were covered by FII and 1.5 K short were added by FII. Net FII Long Short ratio at 0.37, So FII used rise to exit both longs and shorts. As Discussed in… Read More »

Bank Nifty forms NR7 Pattern

By | August 19, 2019 10:59 pm

Bank Nifty has formed an NR7 pattern today suggesting range expansion round the corner,added with time cycle. Bank Nifty Bulls will get active above 28270 for a move back to 28450/28666/28900. Bears will get active below 28140 for a move back to 28100/27920/27800. Intraday time for reversal can be at 10:19/11:45/12:49/2:06 How to Find and… Read More »

Stock Trading using Gann Swing Chart

By | August 19, 2019 8:48 am

Hero Moto Positional  Traders can use the below mentioned levels Close above 2680 Target 2850 Intraday Traders can use the below mentioned levels Buy above 2680 Tgt 2715,2760 and 2800 SL 2630 Sell below 2610 Tgt 2585,2530 and 2500 SL 2630 IGL Positional  Traders can use the below mentioned levels Close above 330 Target 337/343… Read More »

Bank Nifty Weekly Forecast for 19-23 Aug

By | August 19, 2019 7:58 am

Bank Nifty Harmonic Pattern No Valid Harmonic Pattern Observed. Supply and Demand Analysis Self Explanatory chart. Planetary Cycles and Bank Nifty Movements Now coming week Bulls need to move above 28224 for a move back to 28561/28900/29241 Bearish below 28057 for a move back to 27889/27556/27225 Gann Angles Near Gann Angle Support of 28100 ,holding… Read More »

Nifty Weekly Forecast for 19-23 Aug

By | August 19, 2019 7:27 am

  Nifty Harmonic No Valid Harmonic Pattern Observed. Nifty Gann Angles Fall stopped at Gann angle support on weekly time frame,Holding 10850 relief rally till 11360. Planetary Cycles and Nifty Movements Bulls will become active above 11060 for a move back to 11111/11183/11255/11360. Bears will get active below 10971 for a move towards 10920/10850/10791. Nifty… Read More »

Why Human Nature Works Against You as a Trader

By | August 17, 2019 2:52 pm

The goal of trading is to make money by forecasting future price movements.This is inherently difficult because, as human beings, we cannot tell the future. Surely many new traders analyze data announcements, or economic reports with the goal of buying cheaply before prices may run up, or selling ‘expensive’ before prices move lower; but those… Read More »

Trading using Time Cycle

By | August 16, 2019 9:11 am

ZEE L Positional  Traders can use the below mentioned levels Close above 343 Target 357/364 Intraday Traders can use the below mentioned levels Buy above 343 Tgt 346,349 and 352 SL 340 Sell below 339 Tgt 336,333 and 330 SL 342 Just Dial Positional  Traders can use the below mentioned levels Close above 679 Target… Read More »