Last week we gave the Chopad level of 18686 Bank Nifty achieved 3 target on upside made low of 18688 and Chopad level was 18686.Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty is entering in 2 Demand zones and 2 Supply zone are marked in above chart. Bank Nifty Hourly EW… Read More »
Nifty closed below its 100 DMA and below its trendline support. As per Pyrapoint Analysis Nifty broke its 180 degree line and than no attempt was made to move above 180 degree line and nifty declined towards its 225 degree and closing well below it. So for the first time we are breaking trendline, next… Read More »
FII’s sold 64.3 K contract of Index Future worth 1386 cores,46.1 K Long contract were squared off by FII’s and 18.1 K short contracts were added by FII’s. Net Open Interest decreased by 28 K contract. Nifty closed near its 100 DMA and near trendline support. As per Pyrapoint Analysis Nifty is trading near its 180 degree… Read More »
FII’s bought 27.5 K contract of Index Future worth 420 cores,43.9 K Long contract were added by FII’s and 16.4 K short contracts were added by FII’s. Net Open Interest increased by 60.4 K contract. As discussed in Weekly Analysis Gann date showed its effect today with market being extremely volatile and closed forming a gravestone doji… Read More »
Last week we gave the Chopad level of 18686 Bank Nifty achieved 3 target on upside made low of 18688 and Chopad level was 18686.Lets analyze how to trade next week. Bank Nifty Hourly Bank Nifty is entering in 2 Demand zones are marked in above chart, 18500 and 18300 respectively. Bank Nifty Hourly EW… Read More »
FII’s sold 26 K contract of Index Future worth 575 cores,8.8K Long contract were squared off by FII’s and 17.1 K short contracts were added by FII’s. Net Open Interest increased by 8.3 K contract. As per Pyrapoint Analysis Nifty Opened nifty is entering the support zone of 180 degree and holding well above its red line. … Read More »
JP Associate Any close above 26 stock will head again towards 29. Intraday Traders can use the below mentioned levels Buy above 25.8 Tgt 26.4,27.2 and 27.7 SL 25.6 Sell below 25.3 Tgt 25,24.5 and 23.7 SL 25.6 PTC Holding 81 short term target 84/86. Intraday Traders can use the below mentioned levels Buy above… Read More »
In Continuation with previous 2 article Ed Seykota’s Trading Style Part-I Ed Seykota’s Trading Style Part-II Risk Below 5% of Equity Per Trade I intend to risk below 5% on a trade, allowing for poor executions. Occasionally I have taken losses above that amount when major news caused a thin market to jump through my… Read More »
These days Currency trading has become dangerous, As Forex Market is highly leveraged so even a small move of 1% can see big move in your trading account. After US FOMC Statement and more dovish Janet Yellen US Dollar crashed from 99.5 to 96.5 and EURO rose USD JPY crashed sub 119 all represented… Read More »
Information received since the Federal Open Market Committee met in January suggests that economic growth has moderated somewhat. Labor market conditions have improved further, with strong job gains and a lower unemployment rate. A range of labor market indicators suggests that underutilization of labor resources continues to diminish. Household spending is rising moderately; declines in… Read More »