KSCL Positional/Swing Traders can use the below mentioned levels Close above 354 Tgt 377/385 Intraday Traders can use the below mentioned levels Buy above 354 Tgt 361 ,365 and 370 SL 350 Sell below 345 Tgt 342,338 and 333 SL 349 Arvind Positional/Swing Traders can use the below mentioned levels Close above 310… Read More »
As discussed in last analysis Bank Nifty broke gann arc in the process which increase possibility of bank nifty heading towards 14754. Bulls needs to close above 15237 else we will break the low of 14754. Bank Nifty made low of 14777 near the last swing low of 14754 as we have been expecting after… Read More »
For a person who has just started trading and plans to trade in high volumes of shares, one thing that looks like a daunting task is to figure out the brokerage plans. Although these days one term that is getting very popular is the zero brokerage trading plan. However, there is a catch in everything… Read More »
As discussed in last analysis As we have RBI policy tomorrow, as Bank Nifty is stuck between the gann arc and gann vertical line suggesting squeeze has happened and now ready for a big move, Breakdown below 15237 and Breakout above 15570 for a 300 point move either side which should come in next 2… Read More »
(Dr. Raghuram Rajan, Governor – January 29, 2016 – at NCAER, New Delhi) I thank Shekhar Shah for inviting me to deliver the C.D. Deshmukh lecture at NCAER. Sir Chintaman Dwarakanath Deshmukh, an ICS officer, was truly a giant of modern India. In 1943, he was the first Indian, as well as the youngest… Read More »
Bank Nifty opened near the horizontal grey line as shown in below chart, again got resisted and corrected till the green arc. As we have RBI policy tomorrow, as Bank Nifty is stuck between the gann arc and gann vertical line suggesting squeeze has happened and now ready for a big move, Breakdown below 15237… Read More »
Last Week we gave Chopad Level 15550 Bank Nifty did 2 target on downside and 1 Target on Upside. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty was supporting at 180 degree during the whole past of last week, Opened gap down on Friday below 180 but quickly… Read More »
Technical analysis is a science of forecasting the price of stock/index/commodities based on price and volumes data. Technical analysis is practiced in two main categories Charts Patterns Technical Indicators Chart Patterns — A chart pattern is a pattern that is formed within a chart when prices are graphed. In stock and commodity markets trading, chart… Read More »
As discussed in last analysis We should big move tomorrow, Support below 15400 comes at 15237 and resistance at 15713. Bank Nifty opened with gap down near gann arc as shown below and as soon as moved above 15237 bulls took control and rallied bank nifty till 15550. Now for coming 2 days Bank Nifty… Read More »
As discussed in last analysis Bank Nifty Resistance at 15713 crossing the same can see fat move till 15882/16000. Bearish only on break of 15400. Bank Nifty was unable to close the demand zone of 15713 and took support near the gann horizontal line, so trading in a zone before seeing a breakout/breakdown. We should… Read More »