The Arms Index (also known as TRIN, an acronym for TRading INdex) was developed in 1967 by Richard Arms. It is a volume-based indicator that determines market strength and breadth by analyzing the relationship between advancing and declining issues and their respective volume. The Arms index is used to measure intraday market supply and demand,… Read More »
Introduction The Moving Average is one of the classical and most reliable tool for technical analysis.A Moving Average is an indicator that shows the average value of a security’s price over a period of time. When calculating a moving average, a mathematical analysis of the security’s average value over a predetermined time period is made.… Read More »
What is an Oscillator An oscillator is a leading technical indicator which fluctuates above and below a center line and normally has upper and lower bands which indicate overbought and oversold conditions in the market (an exception to this would be the MACD which is an Oscillator as well). What is RSI The RSI is… Read More »
Jubilant Food Positional Traders can use the below mentioned levels Close Below 1283 Target 1220 Intraday Traders can use the below mentioned levels Buy above 1310 Tgt 1330, 1350 and 1370 SL 1300 Sell below 1283 Tgt 1260,1240 and 1220 SL 1292 Union Bank Positional Traders can use the below mentioned levels… Read More »
As discussed in Last Analysis Bank Nifty closed below 24450 suggesting we can 24100 till we are below 24450. Bullish above 24480 for a move towards 24624/24800. Time Analysis combined with gann angle helped us in taking short below 24800 and rewarded with 450 points in 2 days. I have discussed the importance of 24476-24480… Read More »
FII’s bought 4.3 K contract of Index Future worth 419 cores ,2.8 K Long contract were added by FII’s and 1.5 K Short contracts were liquidated by FII’s. Net Open Interest increased by 1.3 K contract, so fall 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 Bulls should hold 24480-476 range for the correction to be over, Bullish above 24626 for a move towards 24800/24928. Bears will become more strong below 24450 for a move towards 24299/24066 High made was 24532 and low made was 24328 so as soon as 24450 was broken bears attacked and… Read More »
Source Jesse Livermore learned the art of stock market manipulation, manipulating the prices of thinly traded stocks, in bucket shops. On March 13, 1925, Arthur Cutten – one of his biggest rivals – accused Livermore of continuing his shady dealings – not in bucket shops – but, very seriously, on the Chicago Futures Exchange. At… Read More »
As discussed in Last Analysis Now bulls need a close above 25000 for a move towards 25250/25440/256000. Bears need close below 24800 for a move towards 24620/24480/24250/24000. High made today was 24966 so bulls were unable to close above 25000 and as soon as 24800 is broken bears were having upper hand and did low… Read More »
As discussed in Last Analysis Now fresh shorts should be taken below 24600 for a move till 24450/24300. Above 24828 we should see a fast rise till 25000 as time cycle get completed on 07 Aug. Bearish below 24600 for a move till 24450/24300. Bank Nifty made low of 24844 and made high of 25980 so did… Read More »