Introduction Developed by John Bollinger, Bollinger Bands are volatility bands placed above and below a moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands automatically widen when volatility increases and narrow when volatility decreases. Bollinger Bands are similar to moving average envelopes. The difference between Bollinger… Read More »
As discussed in Last analysis Bank Nifty opened above 19928 made a high of 20264 but closed below 20155, today high is very important and unable to close above it tomorrow can see correction back till 19800-19700 zone. Bullish only on close above 20155 for target of 20500. As seen in below gann chart, Bank… Read More »
Pidilite Positional Traders can use the below mentioned levels Close above 724 Tgt 754 Intraday Traders can use the below mentioned levels Buy above 714 Tgt 720, 725 and 731 SL 710 Sell below 707 Tgt 702,697 and 690 SL 711 Lupin Positional Traders can use the below mentioned levels Close above 1563… Read More »
As discussed in Last analysis Bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty towards 19451. Bulls need a close above 19928 for a move towards 20155/20380. Bears will get active… Read More »
As discussed in Last analysis Bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty towards 19451. Bulls need a close above 19928 for a move towards 20155/20380. Bears will get active… Read More »
FII’s sold 6.2 K contract of Index Future worth 431 cores ,0.4 K Long contract were added by FII’s and 6.7 K short contracts were added by FII’s. Net Open Interest increased by 7.2 K contract, so rise in market was used by FII’s to enter long and enter shorts in Index futures. EVERY SUCCESS STORY… Read More »
As discussed in Last analysis Bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty towards 19451. Bulls need a close above 19928 for a move towards 20155/20380. Bears will get active… Read More »
Last Week we gave Chopad Level 20001 Bank Nifty opened with gap down, hence not giving any opportunity to enter trade, Longs got triggered on Friday but did the 1 target on upside , Shorts triggered on Friday below 20001 did the first target of 19850. Lets analyze how to trade bank nifty in coming … Read More »
As discussed in Last analysis Bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty towards 19451. Bulls need a close above 19928 for a move towards 20155/20380. Bears will get active… Read More »
As discussed in Last analysis Bank Nifty made exact low of 19735 near our demand zone of 19738 and bounced back, Now bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty… Read More »