As discussed in last analysis Bank Nifty should show big move on Monday, Bulls need to move above 19550 for a move back to 19683,19881,20150. Bears will get active below 19380 for a move back to 19050/18850.Bank Nifty gave big move as per expectation showing effect of Mercury at Perihelion, below 19380 made low of… Read More »
NIIT Tech Positional Traders can use the below mentioned levels Close above 1415 Target 1453/1510 Intraday Traders can use the below mentioned levels Buy above 1405 Tgt 1415, 1430 and 1455 SL 1396 Sell below 1390 Tgt 1375, 1360 and 1340 SL 1401 UBL Positional Traders can use the below mentioned levels Close above 895… Read More »
Last Week we gave Chopad Level of 20444 Bank Nifty opened with a gap down and did all 4 target on downside so EXCELLENT week for chopad followers. Coming week we have 2 important astro date on 11/13 May. Bank Nifty Harmonic Harmonic Pattern target done at 20150/19653 and no new pattern observed. Bank Nifty… Read More »
Last Week we gave Chopad Level of 9400 Nifty opened with a gap down and did all 4 target on downside our final target was 9100 low made was 9116 so EXCELLENT week for chopad followers. Coming week we have 2 important astro date on 11/13 May. Nifty Harmonic Harmonic Pattern target done at 9200… Read More »
As Discussed in Last Analysis Coming week 1340-1369 will play crucial role and also new time cycle as discussed below will be starting from 05 May. We saw a big rally in crude on mercury new cycle starting on 05 May and did all our target on upside. Coming week 2 major astro event are… Read More »
As Discussed in Last Analysis Now we are near gann angle support holding the same we can see rally back to 75.89/76.30. We saw a good rally in USD and did high of 76.10,coming week trading below 75.75-75.70 range can push prices towards 75 odd range as Venus is doing sign change which has good… Read More »
FII bought 3.2 K contract of Index Future worth 328 cores, Net OI has decreased by 2.9 K contract, 175K Long contract were added by FII and 3.1 K shorts were liquidated by FII. Net FII Long Short ratio at 1.05, So FII used rise to enter longs and exit shorts. As discussed in last… Read More »
As discussed in last analysis Bulls need to move above 19600 for a move towards 19800/20150. Bears need to break 19320 for move to continue towards 19044/18769.Bank Nifty opened with a gap up and Bulls got whipsawed above 19600 and bears also got whipsawed below 19320, Bank Nifty should show big move on Monday, Bulls… Read More »
Many traders who have made a career from day trading the Stock Markets will advise you that it may have not been quite as simple and straightforward as they originally expected. The draw of quick profits makes day trading a very attractive proposition. Many traders embark on their new career with the highest of expectations… Read More »
Markets have been trending last month and now as we have entered sideways market for the past few days,we are getting whipsaws in trading, resulting in losses.So how to deal with such situations and minimize the loss? The answer to the above question and for overall “good trading discipline” lies in sound money management practices.Money… Read More »