As Discussed in Last Analysis Bank Nifty made low today 25918 near gann angle and also closed near 26100 at the minor trend change date suggesting we have the price time squaring till today’s low is held, Bullish above 26150 for a move towards 26280/26500. Bearish below 25900 for a move towards 25770/25510. Important intraday… Read More »
Dow plunges 1,175 — worst point decline in history.It was the scariest day on Wall Street in years. Its not just US market, Markets all over the world are tanking As the Saying Goes “The bull walks up the stairs and the bear jumps out the window” Reason for Global Sell off Valuations Stocks… Read More »
TITAN Positional Traders can use the below mentioned levels Close above 813 Target 843/863 Intraday Traders can use the below mentioned levels Buy above 806 Tgt 813,820 and 826 SL 801 Sell below 799 Tgt 793,784 and 771 SL 804 AMAR RAJA Positional Traders can use the below mentioned… Read More »
Govt’s health scheme to cover 10 crore poor families is world’s largest government-funded health protection scheme. * Arun Jaitley proposed to tax long term capital gains exceeding Rs 1 lakh at 10 per cent without indexation. * Electronic IT assessment will be rolled out across the country, leading to greater efficiency and transparency: FM *… Read More »
As Discussed in Last Analysis Low made today was 27408 as soon as 27485 was broken bulls took bank nifty towards 27652 but failed to achieve our target of 27780,As close is above 27485 so bulls have upperhand and can move towards our target of 27780 as close is also above gann angle. Bearish below… Read More »
As Discussed in Last Analysis High made today was 27522 and Low made was 27152 so bulls were unable to close above 27485 and bears below 27200 thus whipsawing both bulls and bears on expiry day. Plan remains Bulls need a close above 27485 gann angle resistance as shown in below chart for the next rally… Read More »
As Discussed in Last Analysis High made today was 27480 so bulls were not able to break the major gann resistance zone of 27485 for the next leg of rally. Bulls taking a breather after 3 days of rally. 25 Jan is again minor time cycle trend date. Bulls need a close above 27485 for… Read More »
As Discussed in Last Analysis Bank Nifty closed above 27000, Holding 26780 bulls have upper hand and can push index towards 27300, Range of 27300-27311 is gann angle resistance. Bulls can take fresh position above 27050 for a move towards 27175/27300. Bearish below 26780 for a move towards 26500-26250. We were able to capture the… Read More »
As Discussed in Last Analysis Bank Nifty bulls gave indication yesterday with close above 26530, almost nearing the final target of 27000. We have PRZ zone of ABCD pattern near 27000 and also gann angle resistance at 27266 and Gann Circle also getting completed at 26175. So Traders carrying long should use this range for… Read More »
As Discussed in Last Analysis We have been discussing a low above 25920 in our previous post Bank Nifty bulls protected both 25900 and 25920 as low made was 25922, this is how gann analysis helps you in giving an extra edge. Bank Nifty bulls moved above 26010 and did 2 target on upside and… Read More »