As discussed in Last Analysis High made today was 24127 above our crucial level of 24100 and also above the gann angle line as shown in below chart and unable to close above 24020 we can continue the correction till 23755/23540. Bullish above 24259 for a move towards only 24480. Bank Nifty opened gap up… Read More »
As discussed in Last Analysis Bullish above 24200 for a move towards 24450-25500. Bank Nifty move above 24200 was mostly like an Emotional Spike but failed to do the target of 24450 and triggering the Stoploss. Bears got active below 24100 and did 23963 and now waiting for 23755/23633/23540. High made today was 24127 above our… Read More »
Voltas Positional Traders can use the below mentioned levels Close below 529 Target 521/510 Intraday Traders can use the below mentioned levels Buy above 536 Tgt 541, 546 and 551 SL 532 Sell below 529 Tgt 526,521 and 515 SL 532 DLF Positional Traders can use the below mentioned levels Close below 178 Target… Read More »
As discussed in Last Analysis Bearish below 24100 for a move towards 23963/23755. Low made today was 23925 so bear did the first target of 23963 and also closed below 24100 so opening gates for 23755. Bullish above 24200 for a move towards 24450-25500. Bank Nifty move above 24200 was mostly like an Emotional Spike… Read More »
FII’s sold 6 K contract of Index Future worth 385 cores ,2.5 K Long contract were added by FII’s and 8.5 K Short contracts were added by FII’s. Net Open Interest increased by 11.1 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 »
As discussed in Last Analysis So Bank Nifty played well in the range of 24120-24476 and also 17 Aug played well. Now till 24476 is not crossed bears will have upperhand. Fresh longs above 24476 for a move towards 24648/24800/24928. Bearish below 24100 for a move towards 23963/23755. Low made today was 23925 so bear… Read More »
Reliance Capital Positional Traders can use the below mentioned levels Close below 780 Target 754/729 Intraday Traders can use the below mentioned levels Buy above 789 Tgt 797, 809 and 818 SL 784 Sell below 780 Tgt 774,765 and 750 SL 785 Grasim Positional Traders can use the below mentioned levels Close below 1089… Read More »
Outta Control Again, it’s all about control. Our human minds desire consistent, predictable, expected results. Not sometimes, mind you. Every time. We like to know that the sun will rise tomorrow. We like to know that 2+2=4. We like to know that water runs downhill, and a hot stove will burn us if touched. We… Read More »
In Continuation with Previous Article Introduction to Bollinger Bands Bollinger Band Trading Strategies Bollinger Bands to identify tops and bottoms Trend Following Bollinger Bands to identify tops and bottoms Bollinger Band can be sued to identify potential tops and bottom in the stock/ETF. Following 3 points should be kept in mind to identify potential… Read More »
In Continuation of Previous Post Interpretation The most popular method of interpreting a moving average is to compare the relationship between a moving average of the security’s price with the security’s price itself. A buy signal is generated when the security’s price rises above its moving average and a sell signal is generated when the… Read More »