Advancements in technology and COVID Lockdown have ensured people working from home can start trading. Many new traders have entered the market during March- April and have made deecent gain in last few months. Many traders are even thinking about taking trading as a full time profession. There is nothing simple or painless about trading… Read More »
As discussed in last analysis Now Bulls need to hold 22150-22180 range for rally to continue towards 22425/22666. Bears will active below 22080 for a move back to 21943/21850. As seen in below chart of Bank Nifty is forming a Bearish ABCD Pattern with PRZ zone @ 22370, so unable to close above 22370-22400 zone… Read More »
Adani Ports Positional Traders can use the below mentioned levels Close below 330 Target 316 Intraday Traders can use the below mentioned levels Buy above 336 Tgt 339, 342 and 346 SL 333 Sell below 330 Tgt 327, 324 and 320 SL 333 Bandhan Bank Positional Traders can use the below mentioned levels Close below… Read More »
FII bought 1.5 K contract of Index Future worth 106 cores, Net OI has increased by 144 contract, 841 Long contract were added by FII and 697 Shorts were added by FII. Net FII Long Short ratio at 1.46, So FII used rise to enter longs and exit shorts. As discussed in last analysis 11323… Read More »
As discussed in last analysis 22000 done above 21800, Till 21800 is held bulls can rally towards 22200/22425. Bears will get active below 21780 for a move back to 21500/21350/21200. 22200 done, Now Bulls need to hold 22150-22180 range for rally to continue towards 22425/22666. Bears will active below 22080 for a move back to 21943/21850.… Read More »
FII bought 555 contract of Index Future worth 24 cores, Net OI has decreased by 1.2 K contract, 352 Long contract were covered by FII and 907 Shorts were covered by FII. Net FII Long Short ratio at 1.42, So FII used rise to exit longs and exit shorts. As discussed in last analysis Nifty… Read More »
As discussed in last analysis Bank Nifty formed an Inside Bar and NR7 together combined with 09 Aug Astro date suggesting big move will be seen in next 2 days. Bank Nifty Bulls need to move above 21800 for a move towards 22000/22000/22500. Bears will get active below 21610 for a move back to 21500/21350/21200.… Read More »
FII sold 688 contract of Index Future worth 63 cores, Net OI has increased by 7.7 K contract, 3.5 K Long contract were added by FII and 4.2 K Shorts were added by FII. Net FII Long Short ratio at 1.40, So FII used rise to enter longs and enter shorts. As discussed in last… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
PEL Positional Traders can use the below mentioned levels Close below 1457 Target 1400 Intraday Traders can use the below mentioned levels Buy above 1480 Tgt 1500, 1520 and 1555 SL 1470 Sell below 1457 Tgt 1444, 1430 and 1410 SL 1468 Indusind Bank Positional Traders can use the below mentioned levels Close below… Read More »