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 »
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 »