Category Archives: Daily

MCX Gold Weekly Trading Strategy

By | January 31, 2021 4:55 pm

GOLD Gann Angle Chart Gold Price cracked the gann angle support line with ease heading lower. GOLD Plannetary Support and Resistace Line  Price has broken  Sun Plannetary line and heading towards Venus Plannetary line. GOLD Harmonic Analysis Heading towards 46225 below 48500 GOLD Pressure Date 04 Feb Important time cycle date. Weekly Trend Change Level:49424… Read More »

Nifty Analysis for 27 Jan

By | January 26, 2021 11:59 pm

FII bought 17.6 K contract of Index Future worth 1860 cores, Net OI has increased by 15.1 K contract 16.4 K Long contract were added by FII and 1.2 K Shorts were covered by FII. Net FII Long Short ratio at 1.79  so FII used fall to enter longs and exit shorts. As discussed in… Read More »

Bank Nifty Analysis for 27 Jan

By | January 26, 2021 11:41 pm

As discussed in Last Analysis   Now Important level to watch out is 30909 on downside which is again a potential level for 500 points move either side.Bulls need to move above 31320 for a move back to 31472/31625/31786. Bears below 31099 for a move back to 30909/30786/30470. Bank NIfty saw a voaltile move during the… Read More »

Nifty Analysis for 25 Jan

By | January 23, 2021 1:19 pm

FII sold 18.1 K contract of Index Future worth 1471 cores, Net OI has increased by 6.4 K contract 5.8 K Long contract were covered by FII and 12.2 K Shorts were added by FII. Net FII Long Short ratio at 1.46  so FII used fall to exit longs and enter shorts. As discussed in… Read More »

Nifty Analysis after Volatile Expiry

By | January 22, 2021 7:45 am

FII bought 11.1 K contract of Index Future worth 1102 cores, Net OI has increased by 10.7 K contract 10.9 K Long contract were added by FII and 214 Shorts were covered by FII. Net FII Long Short ratio at 1.99  so FII used fall to enter longs and exit shorts. As discussed in Last… Read More »

Bank Nifty Analysis after Volatile Expiry

By | January 21, 2021 10:59 pm

As discussed in Last Analysis   No Major movement seen but bulls were able to clsoe above 32500 now waitng for 32786/32900/33050. Bears below 32225 for a move back to 32040/31850/31650. 32786 watchout for this number as and when it hits this levels 1000 points move will be seen either side. 32786 done and we got… Read More »

How to Build a Successful Trading Plan

By | January 21, 2021 3:33 pm

In Continuation with Previous Article  Prepare for trading Keep your trading area distraction free because distractions can be costly in the trading arena. Whichever trading program you use, label the major, minor, and resistance levels and set alerts that you can easily see (or hear if you use an auditory signal). Set exit rules Your… Read More »

Nifty Weekly Expiry Trading Plan

By | January 21, 2021 12:21 am

FII sold 10.4 K contract of Index Future worth 1313 cores, Net OI has decreased by 4.1 K contract 7.3 K Long contract were covered by FII and 3.1  K Shorts were added by FII. Net FII Long Short ratio at 1.74  so FII used rise to exit longs and enter shorts. As discussed in… Read More »