Category Archives: Daily

Bank Nifty forms DOJI near gann support,EOD Analysis

By | October 8, 2016 8:52 am

 As discussed in Last analysis  Bear will get upperhand on close below 19451 for target of 19340/19020 and bulls above 19732.  Bank Nifty bears finally broke 19451 and did the target of 19340, now trading below 19340 can see fast move towards 19185/19020. Bank Nifty bears were unable to clsoe below 19340 suggesting bears are… Read More »

ICICI Bank Axis Bank NMDC Supply Demand Analysis

By | October 7, 2016 8:15 am

ICICI Bank Positional Traders can use the below mentioned levels Close below 250 Target 241/236 Intraday Traders can use the below mentioned levels Buy above 253 Tgt 256, 258.5 and 261 SL 251 Sell below 249 Tgt 247.5,244 and 241 SL 251 Axis Bank Positional Traders can use the below mentioned levels Close below 521 … Read More »

Nifty does the target of 8690,EOD Analysis

By | October 7, 2016 6:08 am

FII’s sold 0.1 K contract of Index Future worth 31 cores ,1.5 K Long contract were added by FII’s and 1.6 K short contracts were added by FII’s. Net Open Interest increased  by 3.1 K contract, so fall in market was used by FII’s to enter long and enter shorts  in  Index futures. The difference between… Read More »

Nifty reacts from zone of resistance,EOD Analysis

By | October 5, 2016 11:24 pm

FII’s bought 2.6 K contract of Index Future worth 153 cores ,4.6 K Long contract were added by FII’s and 2 K short contracts were added by FII’s. Net Open Interest increased  by 6.7 K contract, so fall in market was used by FII’s to enter long and enter shorts  in  Index futures. The difference between… Read More »

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 »