Category Archives: Daily

Bank Nifty break 24100 capitulation on cards, EOD Analysis

By | March 24, 2018 10:46 am

As Discussed in Last Analysis  Low made today was 24095 so bulls continue to hold time cycle low of 24100, but as market is touching support again and again suggesting crack are showing, Any hourly close below 24050 can see face decline towards 23800/23600. Till 24100 is holding bulls can bounce back towards 24250/24355/24480. Bank Nifty… Read More »

Will Nifty Bears finally break 10000,EOD Analysis

By | March 22, 2018 9:38 pm

FII’s bought 2 K contract of Index Future worth 224 cores ,4.5 K Long contract were added by FII’s and 2.4 K Short contracts were added by FII’s. Net Open Interest increased  by 6.9 K contract, so fall in market was used by FII’s to enter long and enter short in  Index futures.  FII’s Long to… Read More »

Bank Nifty bulls holding 24250,EOD Analysis

By | March 22, 2018 7:24 am

As Discussed in Last Analysis  As new time cycle is coming so bulls can see a comeback till we are holding 24100. Bulls need a close above 24250 for up move to continue towards 24355/24500. Bearish below 24000 for a move towards 23800/23600.  Bank Nifty opened with gap up and did high of 24460 near… Read More »

Bank Nifty holds to support zone of 24100,EOD Analysis

By | March 20, 2018 8:09 pm

As Discussed in Last Analysis  Again we are near the important support zone of 24050-24100 so holding the same we can see bounceback towards 24250-24300. Bullish on close above 24250 for a move back towards 24500/24750. Bearish below 24000 for a move towards 23780/23600. Yesterday was an important time cycle date so holding 24100 we… Read More »

Introduction to Bollinger Bands

By | March 17, 2018 11:51 am

Introduction Developed by John Bollinger, Bollinger Bands are volatility bands placed above and below a moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands automatically widen when volatility increases and narrow when volatility decreases. Bollinger Bands are similar to moving average envelopes. The difference between Bollinger… Read More »

Supply Demand Analysis: PCJ PFC Vguard

By | March 15, 2018 10:16 am

PC Jweller Positional Traders can use the below mentioned levels Close above 376 Target 390   Intraday Traders can use the below mentioned levels Buy above 376 Tgt 380,385 and 390 SL 372 Sell below 370 Tgt 366,362 and 358 SL 373     VGuard Positional Traders can use the below mentioned levels Close above… Read More »