As Discussed in Last Analysis High made today was 25913 so we got the big move as per time cycle analysis and also did 300 points above 25630. Bank Nifty bounced from gann angle with time cycle date suggesting price time squaring. Bullish above 25920 for a move back to 26064/26208/25352/26569. Bearish below 25632 for… Read More »
As Discussed in Last Analysis As we are trading below 24100 bears can extend fall towards 23400/23250/23000/22720. Bullish above 24100 only. Gann Angles helped up in capturing the top and hopefully the bottom also in range of 23000-22720. Bank Nifty again bounced from gann angle as shown in below chart, traders who went long above… Read More »
As Discussed in Last Analysis Low made today was 24097 so bulls also protected 24100 as saving grace. Bulls should protect 24100 today break of same we can see fast decline towards 23600. Holding 24100 we can see fast rally towards 24250/24500. Bearish below 24000 for a fall towards 23700/23500. Low made today was 24048… Read More »
As Discussed in Last Analysis As we have passed the confluence date so today high and low are very important. Break of 24880 can see fast move towards 25056/25250. Bearish below 24680 for a move towards 24500/24250. Bank Nifty opened gap up once time cycle low was broken we saw the big fall as we… Read More »
As Discussed in Last Analysis Bank Nifty showed the effect of price time squaring rallying 350 points as we have discussed in last post. Bulls need to hold the range of 25050-25100 for this up move to continue towards 25500/25852. Bearish below 25000 for a move towards 24900/24760. 25500 done, High made today was 25722 we… Read More »
As Discussed in Last Analysis 26140-26150 is an important zone as per price levels and 04 Feb is again an important trend change date so we can see possible price time squaring if 26150 is held in next 2 sessions. If we close below 26150 the fall can get extended towards 25700. Hope traders enjoyed… Read More »
As Discussed in Last Analysis Low made today was 27046 so bulls protected 27000 but failed to close above 27455. Bullish above 27300 for a move towards 27455/27620. Bearish below 26980 for a move towards 26800/26650/26500. Important intraday time for reversal can be at 2:21. Bears had a field day today as soon as 26980 was… Read More »
Last Week we gave Chopad Level 26888 Nifty gave Long Entry as per Chopad Level on Monday rewarded did 3 Targets on upside, Awesome week for Chopad followers. Bank Nifty for the whole week did not close below chopad level of 10890.Lets see How to trade Bank Nifty in coming week as we come near confluence… Read More »
As Discussed in Last Analysis Low made today was 25557 so bulls continue to hold the time cycle low of 25532 and also in the process did 25750 our 1 target of this cycle and now heading towards 25871/25953. Time cycle again helped in taking a wrong trade even thought bank nifty was getting panicky.… Read More »
As Discussed in Last Analysis High made was 25760 so bulls finally did the target of 25760. Bulls need to hold 25500 for the upmove to continue towards the new life high above 25871 where gann angle resistance lies and above it towards 25920. Bearish below 25500 for a move towards 25250/25000. Bank Nifty continued… Read More »