Category Archives: Daily

Bank Nifty Weekly Forecast for 15-19 May

By | May 14, 2017 4:07 pm

Last Week we gave Chopad Level 22500 Bank Nifty did not give entry as 22500 did not come last week, Lets see how to trade in coming week. Bank Nifty Hourly   As discussed in last analysis Now for coming week 22500 will play crucial role holding the same move towards 23000 below its 22111.… Read More »

Bank Nifty near gann angle support, Will It Bounce Again ?

By | May 13, 2017 11:03 am

As discussed in Last Analysis    Bank Nifty made high of 22977 doing our target of 22940 and now holding 20700 we can move towards 23110.Bearish only below 22500. Hope traders are njoying this wonderful ride we are having in market. Dance till the music lasts. Bank Nifty finally closed below 22700 suggesting bulls are near… Read More »

Hindalco DHFL Jubilant Food Trading using Cloud

By | May 12, 2017 7:55 am

Hindalco Positional Traders can use the below mentioned levels Close above 196 Target 204 Intraday Traders can use the below mentioned levels Buy above 194 Tgt 195.5, 197 and 199.3 SL 193 Sell below 191.5 Tgt 190,188 and 186 SL 193 DHFL Positional Traders can use the below mentioned levels Close above 444 Target 463… Read More »

Nifty does 9450 above 9368, EOD Analysis

By | May 11, 2017 9:08 pm

FII’s sold 1.6 K contract of Index Future worth 154 cores ,4.6 K Long contract were added by FII’s and 6.2 K  Short contracts were added by FII’s. Net Open Interest increased  by 10.8 K contract, so rise in market was used by FII’s to enter long and enter short in  Index futures. How to maintain… Read More »

Bank Nifty does 22940,EOD Analysis

By | May 11, 2017 8:33 pm

As discussed in Last Analysis   Bank Nifty opened gap up as it closed above 22700 yesterday but did not gave the big move we were expecting as high made was 22860 still not near our target of 22940/23110. Bulls are in control till we trade above 22700, bears below 22500 only. Bank Nifty made high… Read More »

Bank Nifty Hits new life high holding 22700

By | May 10, 2017 8:33 pm

As discussed in Last Analysis   Holding 22700 bulls are in control for a move till 22940/23104. Bearish below 22500 for a move towards 22350/22115.Big move can be seen in next 1-2 days based on time cycle analysis. Bank Nifty opened gap up as it closed above 22700 yesterday but did not gave the big move we… Read More »

Bank Nifty again bounce from Gann Angle,EOD Analysis

By | May 8, 2017 8:24 pm

As discussed in Last Analysis   Bulls failed to close above 22700, Bearish below 22500 for a move towards 22350/22115. Bullish above 22700 for a move towards 22940/23000. Bank Nifty again bounced back from the 22500 which was both gann angle and gann price support zone, High made today was 22835 so as soon as we… Read More »

Will Bank Nifty Bulls hold 22500 for another rally ?

By | May 7, 2017 5:40 am

As discussed in Last Analysis   Holding 22700 we can see up move towards 22940/23330. Bearish below 22500 for a move towards 22350/22200. Bank Nifty again opened with gap made high of 22853 and corrected all the way till 22514, holding 22500 gann angle support as shown below. Bulls failed to close above 22700, Bearish below 22500… Read More »

Bank Nifty does 250 points above 22500,EOD Analysis

By | May 4, 2017 8:24 pm

As discussed in Last Analysis   So bank nifty continue to trade in the range we discussed 22180-22500, trend trades sit on sidelines till range in broken, scalpers buy low sell high till range in broken.  Bank Nifty opened with gap up 22618 but came down to touch the breakout zone made low of 22450 and… Read More »