As discussed in Last Analysis Bank Nifty moved between the gann angles as shown in below chart, Breakout/breakdown will come when we either break 23100 on downside for a move towards 22900/22600. Breakout above 23476 for a move above 23630/23876. Bank Nifty broke 23100 made low of 22996 failed to do our target of 22900,recovered… Read More »
As discussed in last analysis Low made was 9474 so bulls were able to protect 9478 on downside High made was 9522 so bears did not let bull cross 9525 so we traded in a small range before June expiry,Bulls will get active above 9525 for a move towards 9565/9610. Bearish below 9470 for a… Read More »
As discussed in Last Analysis Bank Nifty made low of 23114 and high of 23322 so both bulls and bears got whipsawed after yesterday fall, as we approach expiry. Bullish above 23350 for a move towards 23600/23900. Bearish below 23100 for a move towards 22900/22600. Bank Nifty moved between the gann angles as shown in… Read More »
IDEA Intraday Traders can use the below mentioned levels Buy above 84 Tgt 84.7, 85.8 and 86.9 SL 83 Sell below 82.5 Tgt 81.5,79.4 and 78.3 SL 83.4 Bank Baroda Intraday Traders can use the below mentioned levels Buy above 156.5 Tgt 157.3, 158.9 and 161.3 SL 155.5 Sell below 154.4… Read More »
As discussed in Last Analysis We were expecting prices to bounce back but as soon as 23507 was taken out bears were on full swing and effect of price and time squaring was seen as shown in below chart. Thats the beauty of price time squaring you get impulsive move. Bears are in front foot… Read More »
HOW TO TRADE USING CHANNELS Channels are another important technical analysis tool used by traders to determine profitable trade set ups on both short and long sides. Channels give precise entry,exit,stop loss and profit booking levels. What is a Channel A channel is the combination of an existing trendline and a new, parallel trendline… Read More »
By Martha Stokes 4. Don’t count your profits before the trade is completed. Most traders worry about their profits and check them every day. They get elated when a stock they are holding moves up a few points and get frantic when a stock they are in moves down. They constantly check their held positions… Read More »
The only true wisdom is in knowing you know nothing. – Socrates. Every person sees the world differently, depending on his nature and vision of life. The ignorant person and the wise one – both encounter the same world; but what is the vision of a person of wisdom? How does he think, feel, and… Read More »
As discussed in Last Analysis Low made today was 23610 and High 23760 so bank nifty continue to trade in the range as we mentioned not breaking any 1 of them so we were in no trade zone. If we hold today low of 23610 than we have a price time squaring and it generally… Read More »
JSW Energy Positional Traders can use the below mentioned levels Close above 63 Target 67/69 Intraday Traders can use the below mentioned levels Buy above 62.8 Tgt 63.2, 63.7 and 64.3 SL 62.3 Sell below 62 Tgt 61.6,61 and 60 SL 62.4 Colgate Positional Traders can use the below mentioned levels Close below 1076… Read More »