As per our Last Analysis Till we are below 70.25 bulls have high change to revist 69.5/69.1 zone Low made was 61.19 so bulls did the target on downside below 70.25, Coming week 69.55 will play a crucial role below that can see a fall towards 69/68.7. Major Trend Change date for INR is 10… Read More »
FII’s sold 3.2 K contract of Index Future worth 287 cores 3.5 K Long contract were liquidated by FII’s and 287 Short contracts were added by FII’s. Net Open Interest decreased by 3.8 K contract, so fall in Nifty 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 If RBI Day Low is not broken we can see a reverse move on upside as per time cycle. Bulls will get active only above 30960 for a move towards 31104/31248/31365/31500. Bears will become active below 30800 for a move back to 30672/30528/30384. Bank Nifty did 1 target on downside,Low… Read More »
Knowing why you are in the trading You can start by asking yourself: Why are you in the trading ? What was your initial attraction to trading? Are you thinking about it as a business or a hobby? Are you passionate about your trading? Does trading feel like a lot of work? What are your… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
Once upon a time there was a guru. He was a truly enlightened soul and his reputation of wisdom and knowledge made him renowned where ever he went. There was a king who was very spiritually inclined and hearing of this guru’s reputation knew that he wanted to be a disciple of this great man.… Read More »
Intraday Reversal Time For Nifty and Bank Nifty 9:26/11:19/1:55/2:38 time for trend reversal,High and Low of trend reversal time on 5 mins Candel are trade levels. High Broken traders go Long with SL of Low of Candle and vice versa for Short. Nifty part book in range of 20-25 points and BN 75-100 and use TSL… Read More »
Canara Bank Positional Traders can use the below mentioned levels Close above 263 Target 270/278 Intraday Traders can use the below mentioned levels Buy above 263 Tgt 266,269 and 272 SL 260 Sell below 257 Tgt 254,251 and 247 SL 260 BEL Positional Traders can use the below mentioned levels Close above 107 Target 112/115… Read More »
FII’s sold 14 K contract of Index Future worth 1473 cores 727 Long contract were added by FII’s and 15.3 K Short contracts were added by FII’s. Net Open Interest increased by 16 K contract, so fall in Nifty was used by FII’s to exit long and enter short in Index futures.FII’s Long to Short… Read More »
As Discussed in Last Analysis High made was 31752 so bulls still unable to close above 31800, Bulls will get active only above 31800 for a move towards 32000/32250/32500. Bears will become active below 31500 for a move back to 31284/31100/30900. Time Cycle always give an additional Edge in the Market,Bank Nifty did not close… Read More »