Next week 03/6 Aug will be an important time cycle date and 75.06 will play a crucial level in coming week. India Rupee has strong support is range of 74.85-74.88 as per Planetary Line as shown in below chart and Resistance at 75.06 Range,Detailed Analysis is shared below USD INR Gann Angle Chart Bounced from… Read More »
With COVID Pandemic raging all round the world and due to Lockdown Many New Traders are entering the market and they have seen market rising only. Market will change trend and will come down also and that time traders should focus on Emotional Intelligence. The amount of information available to traders today is mind-boggling. We… Read More »
FII bought 994 contract of Index Future worth 30 cores, Net OI has increased by 3.1 K contract, 2 K Long contract were added by FII and 1 K Shorts were added by FII. Net FII Long Short ratio at 1.96, So FII used fall to enter longs and enter shorts. As discussed in last… Read More »
As discussed in last analysis Bank Nifty bears have broken gann line as shown in below chart,and we have monthly close tommorw Bulls and Bears will fight for 21357. Bank Nifty Bulls need to move above 21666 for a move towards 21786/22000. Bears will get active below 21555 for a move towards 21357/21154/21000. Low made was… Read More »
As per SEBI’s directive in curricular no. CIR/HO/MIRSD/DOP/CIR/P/2019/139 and CIR/HO/MIRSD/DOP/CIR/P/2020/28, New Margin Trading Rules will come into effect from 01 Aug for Cash Market Trading. Buy Today – Sell Tomorrow (BTST) will have a major impact because of this change. Below are the changes as per SEBI New Margin Trading Rules 1) Any equity shares… Read More »
Every Sunday morning I take a light jog around a park near my home. There’s a lake located in one corner of the park. Each time I jog by this lake, I see the same elderly woman sitting at the water’s edge with a small metal cage sitting beside her. This past Sunday my curiosity… Read More »
The Below Strategy will be Helpful for Option Writers, We are using Historical Volatility of Index to predict the probable range of market in next 5 trading sessions. We get this Range of Expiry day close and take position next day at Open. We have 2 methodology where we have 70% Probability of Winning and… Read More »
Mcdowell Positional Traders can use the below mentioned levels Close below 570 Target 555 Intraday Traders can use the below mentioned levels Buy above 577 Tgt 583, 589 and 596 SL 572 Sell below 570 Tgt 569, 563 and 555 SL 575 RBL Bank Positional Traders can use the below mentioned levels Close below… Read More »
FII bought 7.2 K contract of Index Future worth 538 cores, Net OI has decreased by 62 K contract, 18.4 K Long contract were covered by FII and 44.5 K Shorts were covered by FII. Net FII Long Short ratio at 1.96, So FII used fall to exit longs and exit shorts. As discussed in… Read More »
As discussed in last analysis We formed a perfect DOJI singalling volatile move coming as we approach montly expiry and monthly closing. Bulls need to move above 22150 for a move back to 22340 and 22570. Bears will get active below 21920 for a move back to 21750/21400/21100/20940. Bank Nifty bears have broken gann line… Read More »