Yearly Archives: 2020

Nifty Ready for Big Move

By | April 14, 2020 4:17 pm

FII sold 8.4 K contract of Index Future worth 474 cores, Net OI has decreased by 6.5 K contract, 7.4 K Long contract were covered by FII and 979 shorts were added by FII. Net FII Long Short ratio at 0.68, So FII used rise to exit longs and enter shorts.  As discussed in last… Read More »

What Does A Discretionary Trading System Mean?

By | April 14, 2020 10:29 am

In Continuation with Previous Article What Does A Mechanical Trading System Mean? Discretionary trading is decision-based trading (the trader decides which trades to make based on current market conditions. Discretionary traders have rules to follow, apply those rules based on their Tape/Screen Reading experience and Intuition gained over years. The discretionary trading system is comparatively… Read More »

Bank Nifty Ready for Big Move

By | April 14, 2020 7:37 am

As discussed in last analysis  Now bulls need to move above 20000 for a move back to 20200/20464/20736. Bears will get active below 19600 for a move towards 19321/19050/18769. 19321 done below 19600 , Now as we have Mercury Ingress today and also near gann angle resistance which generally lead to big move in Index… Read More »

USD INR Technical Analysis

By | April 13, 2020 8:19 am

As Discussed in Last Analysis USD INR has reacted from gann angle resistance and now is heading towards 76 range till below 76.8. High made was 76.8 and closed below it. Till we are below 76.8 bears can move towards 76.3/76 range. Major Trend Change date for INR is 15 April Weekly Trend Change: 76.54… Read More »

Stocks Trading using Gann Concept

By | April 13, 2020 7:40 am

Auropharma Positional  Traders can use the below mentioned levels Close below 454 Target 444/433 Intraday Traders can use the below mentioned levels Buy above 464 Tgt 468, 472 and 476 SL 460 Sell below 454 Tgt 450, 444 and 438 SL 458 Jindal Steel Positional  Traders can use the below mentioned levels Close above 94… Read More »

Crude Weekly Forecast using Gann

By | April 12, 2020 9:35 am

As discussed in last analysis  Till we do not close above 2100 bears can push towards 1940-1900 range where major gann support lies. High made was 2117 and bears were push down towards 1850 range. 2000-2020 is important support zone for coming week. Crude Time Cycle 13/15 April Important time cycle date. Weekly Trend Change… Read More »