Category Archives: Daily

Bank Nifty Analysis before US Election Results

By | October 31, 2020 10:34 am

As Discussed in Last Analysis Bulls need to move above 24200 for a move back to 24346/24450/24601. Bears below 23970 for a move back to 23829/23600/23400. Tommrow is monthly closing so Bulls would like to close above 24300 atleast. Bank Nifty is heading towards gann angle support near 23500, next week will be volatile move due… Read More »

Trading using Supply Demand:Balkrishna,Reliance,Escorts

By | October 30, 2020 7:47 am

BalKrishna Positional  Traders can use the below mentioned levels Close above 1351 Target 1420 Intraday Traders can use the below mentioned levels Buy above 1345 Tgt 1357, 1372 and 1390 SL 1333 Sell below  1330 Tgt 1321, 1300 and 1285 SL 1340 Escorts Positional  Traders can use the below mentioned levels Close below 1177 Target… Read More »

Bank Nifty Oct Monthly Closing Analysis

By | October 29, 2020 9:00 pm

As Discussed in Last Analysis  Now Bulls need to break 23930 for a move back to 23700/23500/23210. Bulls will get active above 24300 for a move back to 24420/24656/24800. Bank Nifty formed DOJI  shown below suggesting we can see upmove, Bulls need to move above 24200 for a move back to 24346/24450/24601. Bears below 23970 for… Read More »

Nifty Oct Monthly Closing Analysis

By | October 29, 2020 8:21 pm

As Discussed in Last Analysis Now Bears need to break 11666 for a move back to 11610/11555/11485. Bulls will get active above 11755 for a move back to 11800/11843 /11910. Nifty held on to the gann angle as shown below suggesting we can see upmove, Bulls need to move above 11712 for a move back to… Read More »

Trading using Darvas Box:Tata Steel,REC,Bharat Forge

By | October 28, 2020 8:56 am

Tata Steel Positional  Traders can use the below mentioned levels Close above 412 Target 424 Intraday Traders can use the below mentioned levels Buy above 412 Tgt 416, 420 and 424 SL 409 Sell below  406  Tgt 402, 398 and 394 SL 410 REC Positional  Traders can use the below mentioned levels Close below 100… Read More »

Bank Nifty Analysis as Mercury and Venus goes Ingress

By | October 27, 2020 9:00 pm

Bank Nifty again bounced from Gann Angle and is again trading with in the 2 gann angles as shown in below chart. As tommrow is very important Astro Date suggesting another big move will  be seen in next 2 trading sessions. Bulls need to move above 24900 for a move back to 25078/25200/25386. Bears below… Read More »

Nifty Analysis as Mercury and Venus goes Ingress

By | October 27, 2020 8:23 pm

FII sold 8.7 K caontract of Index Future worth 1115 cores, Net OI has decreased by 17.7 K contract, 9.9 K Long contract were covered by FII and 11.6 K Shorts were added by FII. Net FII Long Short ratio at 1.20 So FII used fall to exit longs and enter shorts. Nifty again bounced… Read More »

Happy Dussehra

By | October 25, 2020 12:48 pm

Happy Dussehra. May Lord Ram’s blessings be showered on you.  A day of celebrations of good over evil. We celebrate “Ram’s victory over Ravan”. And it happened thousands of years ago. And we continue to do celebrations and stopped at that. Only a handful have gone on to fight the good fight to overcome the… Read More »

Bank Nifty Ready for Big Move

By | October 25, 2020 9:32 am

As Discussed in Last Analysis Bank Nifty has formed Inside Bar,unable to cross gann angle resistance, today was Sun Ingress suggesting good move should be seen in next 2 trading sessions. Bulls need to move above 24700 for a move back to 24850/24964/25281. Bears will get active below 24250 for a move back to 24050/23820/23666. Bulls… Read More »

Nifty Ready for Big Move

By | October 25, 2020 7:52 am

FII sold 7.7 K caontract of Index Future worth 601 cores, Net OI has decreased by 465 contract, 4.1 K Long contract were covered by FII and 3.6 K Shorts were added  by FII. Net FII Long Short ratio at 1.59 So FII used fall to exit longs and enter shorts. As Discussed in Last… Read More »