As discussing in past analysis Close above 18051 we can see move till 18700/18900. Bearish only on close below 17450. High made today was 17074 but unable to close above 18051, Close above 18051 is required for next move towards 18700 else bank nifty can fall towards 17700. Bearish only on close below 17420.Why I fail… Read More »
Introduction The Detrended Price Oscillator attempts to filter out trend in order to focus on the underlying cycles of price movement. Detrended prices allow you to more easily identify cycles and overbought/oversold levels. The Detrended Price Oscillator (DPO) is used to remove trend from price. This is done in order to identify and isolate short-term… Read More »
In 1923, nine of the wealthiest people in the world met at Chicago’s Edge Water Beach Hotel. Their combined wealth, it is estimated, exceeded the wealth of the Government of the United States at that time. These men certainly knew how to make a living and accumulate wealth. Attending the meeting were the following men:… Read More »
As discussing in past analysis If we close above 17728 tomorrow and also gann arc we can see move towards 18000. High made today was 17975 so we almost did 18000, But till we do not close above 18051 bank nifty will trade in range of 18000-17350. Close above 18051 we can see move till… Read More »
As discussing in past analysis Break of 17350 on Hourly basis can lead to swift fall towards 17150/16950 and on upside close above 17722 will lead to move towards 18050. High made today was 17728, if we close above 17728 tomorrow and also gann arc we can see move towards 18000. But till we do not… Read More »
As discussing in past analysis Bulls need to close above 17600 for bullish move, bears will become active on trading below 17350 and see an impulsive downsmove towards 17150/16950. Bank Nifty made low of 17481 and high of 17626 so trading in the range and not breaking both 17600 and 17350, Bank Nifty is slowly approaching… Read More »
As discussing in past analysis Bulls needs a close above 18051 for next move 18650-18750, Bears below 17500 for move towards 17350/17055. close above gann arc can see bulls getting momentum on upside.Bank Nifty made low of 17346 before recovering but again unable to close above gann green arc as shown below. Bulls need to… Read More »
Last Week we gave Chopad Level 17306 Bank Nifty did not give any entry the whole week. Lets analyze for coming week. Bank Nifty Hourly Coming week, 17455 needs to be watched closing above it 17557/17670 can be seen quickly. Channel top us around 17750. On Downside break of 17200 can see move towards… Read More »
Last Week we gave Chopad Levels of 8120, Nifty gave Long entry on Monday made low at 8107 near Chopad of 8085, and did 2 target on upside,Lets analyze how to trade in coming week as we see after effect of Brexit. Nifty Hourly Chart Hourly Chart resistance at 8111 and above that 8242. Support… Read More »
FII’s sold 30.6 K contract of Index Future worth 1767 cores ,30.9 K Long contract were liquidated by FII’s and 327 short contracts were liquidated by FII’s. Net Open Interest increased by 31.2 K contract, so fall in market was used by FII’s to exit long and exit shorts in Index futures.Its all about Will power, Amazing… Read More »