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 »
Just Dial Positional Traders can use the below mentioned levels Close above 562 Target 583 Intraday Traders can use the below mentioned levels Buy above 559 Tgt 563,568 and 573 SL 556 Sell below 552 Tgt 547,542 and 538 SL 555 Adani Ports Positional Traders can use the below mentioned levels… Read More »
FII’s bought 7.3 K contract of Index Future worth 679 cores ,5.2 K Long contract were added by FII’s and 2 K Short contracts were covered by FII’s. Net Open Interest increased by 3 K contract, so rise in market was used by FII’s to enter long and exit short in Index futures. FII’s Long to… 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 »
As Discussed in Last Analysis Bulls failed to hold the price level of 26010 but also made sure bears do not break 29900 as low made was 29931. Bulls will again get momentum as we move above 26010 for the up move to continue towards 26200/26350/26500. Bearish below 25900 for a move towards 25770/25555. Price is… Read More »
As Discussed in Last Analysis Bank Nifty finally did our target of 25950, holding time cycle low of 25550, Its was a fun ride of 500 points, patience was tested. Bulls need to hold 26010 for the next move towards 26280/26530.Bearish below 25900 for a move towards 25770/25555. Bulls failed to hold the price level… Read More »