As Discussed in Last Analysis Low made today was 24254 so bulls protected 24250 and also closed above 24476 suggesting we can see a good upmove towards our target of 24750/24920/25000. Bearish below 24250 for a move towards 24100/24000. High made today was 24666 so bulls failed to do target of 24750 but as soon… Read More »
As Discussed in Last Analysis Bears did 24100 below 24250 but bulls were able to hold 24250 and now need to close above 24476 for the up move to continue towards higher target of 24750/24920/25000.Bearish below 24250 for a move back to 24100/23920. Low made today was 24254 so bulls protected 24250 and also closed above… Read More »
As Discussed in Last Analysis Low made was 24203 but closed above 24250 suggesting bulls have control and we can head towards 24476. Bulls need a close above 24476 vedic number for the next move towards 24750/24920/25000.Bearish below 24250 for a move back to 24100/23920. Bears did 24100 below 24250 but bulls were able to… Read More »
Last Week we gave Chopad level of 23500 as Bank Nifty opened gap up so no trade was initiated as per chopad levels. Lets see how we trade nifty in coming week as we start the new financial year. Bank Nifty Harmonic Pattern Bank Nifty is forming a bullish abcd patter with target as… Read More »
As Discussed in Last Analysis High made today was 24496 but failed to close above 24476, Bulls need a close above 24476 for another upmove of 300-500 points. Till we are holding 24250 bulls have upper hand and can rally towards 24750/24920. Bearish below 24250 for a move back to 24100/23920. Low made was 24203… Read More »
Source by Paul B Farrell, JD, PhD Behavioral finance researchers have studied the performance of stock market traders in both America and Asia. Interestingly, they discovered that traders in both countries under-perform the world’s broad markets by significant amounts. One study analyzed 66,400 accounts at a major Wall Street firm over a seven-year period. Another… Read More »
Tata Steel Intraday Traders can use the below mentioned levels Buy above 593 Tgt 597,601 and 608 SL 589 Sell below 588 Tgt 584,579 and 573 SL 591 Hind Petro Intraday Traders can use the below mentioned levels Buy above 349 Tgt 352,355 and 360 SL 347 Sell below 345 Tgt 341,338 and… Read More »
As Discussed in Last Analysis Bank Nifty again bounced from gann angle as shown in below chart, traders who went long above 24100 were also rewarded handsomely,This is beauty of price and time meeting we are able to capture big move. We also saw the effect of time cycle confluence as discussed in weekly analysis.… Read More »
FII’s sold 25 K contract of Index Future worth 2014 cores ,9.4 K Long contract were covered by FII’s and 15.9 K Short contracts were added by FII’s. Net Open Interest decreased by 6.4 K contract, so rise in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to… Read More »
FII’s sold 25 K contract of Index Future worth 2010 cores ,14.4 K Long contract were covered by FII’s and 10.8 K Short contracts were added by FII’s. Net Open Interest decreased by 3.5 K contract, so fall in market was used by FII’s to exit long and enter short in Index futures. FII’s Long to… Read More »