Category Archives: Daily

Bank Nifty Bulls again protect 17666,EOD Analysis

By | June 20, 2016 9:29 pm

As discussing in past analysis  Till we close above 17666 bulls are in control, We had gap down below 17500 as RBI Governor did not took second term, Most of us including me was expecting big cut in market, But as Market always surprises us and it did again, making a panic bottom and rallying.… Read More »

Asian Paint,Zee and RCOM Darvas Box Analysis

By | June 20, 2016 8:50 am

Asian Paint Positional Traders can use the below mentioned levels Close below 987 Tgt 966/953 Intraday Traders can use the below mentioned levels Buy above 1003 Tgt 1011,1022 and 1033 SL 998 Sell below 987 Tgt 981,970 and 959 SL 993   ZEE Intraday Traders can use the below mentioned levels Buy above 452.5 Tgt… Read More »

Impact of RaghuRam Rajan Exit on Indian Markets

By | June 18, 2016 7:37 pm

Rajan announced that he won’t be accepting second term as RBI Governor and plans to return back to academia,which might rattle both stock market and currency market. Since 1992 RBI governors are appointed for 3 years and get extension for 2 years. Mr Rajan will be the first governor who will not get extension since… Read More »

Bank Nifty holds on to 17666,EOD Analysis

By | June 14, 2016 11:51 pm

As discussed in last analysis  Now next bullish move on close above 18030 for target of 18500/18758. Bearish only on close below 17500. High made today was 17720 and low made was 17575 near the gann horizontal line, break of 17500 we can see quick down move towards 17350 towards the gann red trend line. Bank… Read More »

Will Bank Nifty Break 17500,EOD Analysis

By | June 13, 2016 11:22 pm

As discussed in last analysis  Now next bullish move on close above 18030 for target of 18500/18758. Bearish only on close below 17500. High made today was 17666 and low made was 17527 near the gann horizontal line, If Bulls are unable to close above 17666 in next 2 days and break of 17500 we can… Read More »