Category Archives: Daily

Harmonic Pattern Analysis :BPCL,UPL,MGL

By | February 11, 2021 9:18 am

BPCL Positional  Traders can use the below mentioned levels Close above 412 Target 395 Intraday Traders can use the below mentioned levels Buy above 417 Tgt 421, 425 and 430 SL 414 Sell below  412 Tgt 408, 404 and 400 SL 415 UPL   Positional  Traders can use the below mentioned levels Close above 537… Read More »

Nifty Weekly Expiry Analysis

By | February 11, 2021 9:04 am

FII bought 694 contract of Index Future worth 140 cores, Net OI has decreased by 570 contract 62 Long contract were covered by FII and 632 Shorts were covered by FII. Net FII Long Short ratio at 1.95 so FII used fall to exit longs and exit shorts. As discussed in Last Analysis Bears below… Read More »

Bank Nifty Weekly Expiry Analysis

By | February 11, 2021 8:47 am

As discussed in Last Analysis Now as we have formed DOJI near Astro date so we should see trending move in next 2 trading session. Bulls need to move above 36170 for a move back to 36342/36461/36700. Bears below 35870 can see quick fall towards 35529/35154. We got a big move on downside but saw an… Read More »

Bank Nifty EOD Analysis for 10 Feb

By | February 9, 2021 10:53 pm

As discussed in Last Analysis  As we have Mercury inferior conjunction today so break of today high or low can see a fall of 800-1000 points in bank nifty. Bulls need to move above 36170 for a move back to 36342/36461/36700. Bears below 35870 can see quick fall towards 35529/35154. Bulls were able to do 2… Read More »

Mercury Inferior Conjunction Impact on Bank Nifty

By | February 8, 2021 8:36 pm

As discussed in Last Analysis  Bank Nifty Bulls close below 35937 important gann number, Now Bears will have upper hand till Bank Nifty below 35937 and can fall back to 35344/34969. Bulls above 35950 for a move back to 36100/36331/36481.Gann cycle which started from 16116 completing one important cycle at 36461. Today High was 36466 and… Read More »

Bank Nifty Hits 36600 forms Gravestone Doji ,EOD Analysis

By | February 6, 2021 6:41 pm

As discussed in Last Analysis  As we will see outcome of RBI poilcy today Bulls need to move above 35438 for a move back to 35610/35721/35911. Bears have there chances below 35169 for a move towards  35000,34826 and 34666. 35937 very important number to be watched out for. Bank Nifty Bulls close below 35937 important gann… Read More »

Supply Demand Analysis :Reliance,MFSL,Apollo Tyre

By | February 5, 2021 9:25 am

Reliance Positional  Traders can use the below mentioned levels Close above 1940 Target 2000 Intraday Traders can use the below mentioned levels Buy above 1940 Tgt 1958, 1976 and 1999 SL 1930 Sell below  1925 Tgt 1905, 1888 and 1871 SL 1935 MFSL   Positional  Traders can use the below mentioned levels Close above 729 … Read More »

RBI MPC | Can RBI Spoils the Bank Nifty Bulls Party ?

By | February 5, 2021 8:40 am

As discussed in Last Analysis  Tommrow is another important astro date suggesting big move will be seen in next 2 trading sessions. Bulls now need to move above 34848 for a move back to 34969/35107/35280. Bears will get active below 34650 for a move back to 34555/34460/34225. Both Bullish and Bearish target done, As we will… Read More »

Nifty Weekly Expiry Analysis

By | February 4, 2021 6:44 am

FII sold 184 contract of Index Future worth 68 cores, Net OI has increased by 3.8 K contract 1.8 K Long contract were added by FII and 2K Shorts were added by FII. Net FII Long Short ratio at 2.39 so FII used rise to enter longs and enter shorts. As discussed in Last Analysis… Read More »