Category Archives: Daily

Bank Nifty reacts from zone of resistance,EOD Analysis

By | October 5, 2016 10:59 pm

 As discussed in Last analysis  Range of 19650-19732 is very crucial range unable to cross them we can see another downmove towards 19451 and 19300, Close above 19732 can see fast move till 19811 and above that 20000. Bank Nifty opened with gap up High made today was 19816 ner the gann line of resistance near… Read More »

PNB BHEL HDIL MML Analysis

By | October 5, 2016 8:34 am

PNB Positional Traders can use the below mentioned levels Close below 144 Target 141/139 Intraday Traders can use the below mentioned levels Buy above 146 Tgt 147.2, 148.2 and 150  SL 145.3 Sell below 144.5  Tgt 143.3,142.3 and 141  SL 145.2 BHEL Positional Traders can use the below mentioned levels Close below 137 Target 132… Read More »

HUL Pidilite Tech M Trendline Analysis

By | October 4, 2016 9:18 am

HUL Positional Traders can use the below mentioned levels Close above 877 Target 898 Intraday Traders can use the below mentioned levels Buy above 870 Tgt 877.3, 885.4 and 895 SL 866 Sell below 859.5 Tgt 851,843 and 838  SL 865 Tech M Positional Traders can use the below mentioned levels Close above 425 Target… Read More »

Nifty entering in Gann Resistance zone, EOD Analysis

By | October 4, 2016 12:06 am

FII’s sold 2.48 K contract of Index Future worth 159 cores ,1.6 K Long contract were liquidated by FII’s and 0.8 K short contracts were added by FII’s. Net Open Interest decreased  by 0.7 K contract, so rise in market was used by FII’s to exit  long and enter shorts  in  Index futures. Where learning ends,… Read More »

Trading using Bollinger Band

By | October 1, 2016 11:46 am

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 »

Bank Nifty October Series Outlook

By | October 1, 2016 8:06 am

May this Navratri be as bright as ever May this navratri bring joy Health and wealth to you .Happy Navratri Jai Mata Di !!    As discussed in Last analysis    As seen in below charts, break of 19096 can see fast fall towards 18846 and 18500 in short term. Bullish only on close above 19450 only. … Read More »

Nifty hold to Gann Line at 8700, Sep Expiry Analysis

By | September 29, 2016 12:05 am

FII’s bought 2.7 K contract of Index Future worth 134 cores ,7.9 K Long contract were added by FII’s and 5.2 K short contracts were added by FII’s. Net Open Interest increased  by 13.2 K contract, so ris ein market was used by FII’s to enter long and enter shorts  in  Index futures. 3 Mantra of… Read More »

Bank Nifty hold to Gann Line at 19500, Sep Expiry Analysis

By | September 28, 2016 11:44 pm

 As discussed in Last analysis  Now bulls should hold the 19450-19500  range near gann angle line for upmove back towards 19800/20200. Close below 19500 can quickly push bank nifty towards 19360/19100. Bank Nifty continue to hold 19500 and gann trendline as shown in below chart,Bulls needs to hold 19451-19500 range for target of 19732. Any… Read More »

BHEL ITC Crompton Price Channel Analysis

By | September 27, 2016 9:13 am

BHEL   Intraday Traders can use the below mentioned levels Buy above 144 Tgt 145.6, 147 and 148.5 SL 143 Sell below 142 Tgt 141.2,140 and 137 SL 143   Crompton G   Intraday Traders can use the below mentioned levels Buy above 80.5 Tgt 81.3, 82.5 and 83.7 SL 80 Sell below 78.8 Tgt… Read More »