Rel Infra Positional/Swing Traders can use the below mentioned levels Close above 556 Tgt 576/589 Intraday Traders can use the below mentioned levels Buy above 558 Tgt 565,570 and 575 SL 555 Sell below 552 Tgt 548,544 and 539 SL 556 LT Positional/Swing Traders can use the below mentioned levels Close above 1242 Tgt 1280/1310… Read More »
Last Week we gave Chopad Level 15710 Bank Nifty gave Long Entry on Wednesday and did 1 target on upside , Lets analyze how to trade Bank Nifty in coming Week. Bank Nifty Hourly As discussed last week Bank Nifty held on to channel and above 21/34 ema, continuing bullish trend, Now close above… Read More »
In Continuation with Previous Article Trade using TRIN Overbought and Oversold As shown in above chart,For the S&P 500 Index between Feb 2015 and July 2015, a reading of 2.0 or higher typically indicated a short-term bottom was close at hand, and the price was due for at least a bit of upside movement. Traders… Read More »
As discussed in Last Analysis Support is again at 7550 and resistance in range of 7780-7800. High made today was 7777, as nifty reacted from demand zone, Nifty has risen 767 points in March series and formed a hammer pattern on Quarterly chart, As seen in below chart nifty has corrected for 4 quarters… Read More »
As discussed in last analysis 16200-16229 is important supply zone for bank nifty, closing above it we can see move towards 16800 on/before RBI policy. Support will increase to 15700-15750 range. Bank Nifty unable to close above the supply zone, and also took resistance at the gann horizontal as shown below. Bank Nifty has rallied… Read More »
As discussed in last analysis The range is important as its falling in gann 1 arc and near gann trendline as shown in below chart, so break of 15500 or 15800 will give another 250-300 point move.Nifty made low of 15762 and opened above the gann arc, and once 15800 was broken gave the 300… Read More »
As discussed in last analysis Now support is again in range of 15500-15381 and resistance above 15830. Low made today was 15580 and High 15774, so trading in the range. The range is important as its falling in gann 1 arc and near gann trendline as shown in below chart, so break of 15500 or… Read More »
DRL Intraday Traders can use the below mentioned levels Buy above 3055 Tgt 3074,3100 and 3122 SL 3045 Sell below 3020 Tgt 3005,2980 and 2950 SL 3030 SRF Intraday Traders can use the below mentioned levels Buy above 1250 Tgt 1265,1280 and 1300 SL 1240 Sell below 1225 Tgt 1215,1205 and 1193… Read More »
Last Week we gave Chopad Levels of 7636 , Nifty gave Long entry on Monday and did 2 targets on Upside by Wednesday. Lets analyses how to trade nifty in Expiry week . Nifty Hourly Chart As discussed in last week Nifty was able to close above 135 degree on weekly basis so we can… Read More »
Last Week we gave Chopad Level 15710 Bank Nifty gave LOng on Monday and did 2 target on upside , Lets analyze how to trade Bank Nifty in coming Expiry Week. Bank Nifty Hourly As discussed last week Coming week we are entering a new channel high at 16056 Low at 15350 so these… Read More »