Category Archives: Daily

MCX Gold Weekly Trading Strategy

By | January 11, 2021 1:36 am

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 48850 GOLD Pressure Date 13  Jan Important time cycle date. Weekly Trend Change Level:48850… Read More »

The Commodities and Equites Rally at Crucial Juncture

By | January 9, 2021 8:49 pm

Over the past year, we have seen one Sided Rise in Equities, Bitcoin, Commodities, Crude GOLD. As many of you know, the Dollar Index have a huge effect on Equities and Commodities. When the Euro is strong, US Dollar is weak. And this provides a Rise  to Both Commodities and Equities. Gold and Silver have… Read More »

Bank Nifty Analysis For 11 Jan

By | January 9, 2021 7:37 am

As discussed in Last Analysis   We are opening gap up and filling gaps in last 2 days suggesting trend is becoming weaker as we are near gann angle resistance also as shown in below chart.Bulls now need to move above 32041 for a move back to 32256/32400/32544. Bears will active below 31824 for a… Read More »

Bank Nifty Analysis as It Near Gann Angle Resistance

By | January 7, 2021 8:16 pm

As discussed in Last Analysis   As we have weekly expiry tommrow, Bulls were able to close above 31777 waiting for the target of 32014/32300/32423. Bears will active below 31696 for a move back to 31585/31343/31135. We are opening gap up and filling gaps in last 2 days suggesting trend is becoming weaker as we are… Read More »

Nifty Weekly Expiry Analysis

By | January 7, 2021 3:41 am

FII sold 2.9 K contract of Index Future worth 295 cores, Net OI has decreased by 3.2 K contract3  K Long contract were covered by FII and 170 Shorts were covered by FII. Net FII Long Short ratio at 3.5 So FII used rise to exit longs and exit shorts.FII have heavily throw funds towards… Read More »

Nifty Analysis for 06 Jan

By | January 5, 2021 9:59 pm

FII sold 1.5 K contract of Index Future worth 176 cores, Net OI has decreased by 2.3 K contract,1.9 K Long contract were covered by FII and 423  Shorts were covered by FII. Net FII Long Short ratio at 3.6 So FII used rise to exit longs and exit shorts. As discussed in Last Analysis… Read More »

Bank Nifty Analysis for 06 Jan

By | January 5, 2021 9:44 pm

As discussed in Last Analysis Every Dip in Bank Nifty is getting bought into but its time to be cautious as per Astro cycle we can see big trending move in bank nifty in next 2 trading sessions. Bulls need to move above 31540 for a move back to 31777/31900, Bears below 31180 can see… Read More »

Nifty Ready for a Big Move,EOD Analysis

By | January 4, 2021 11:24 pm

FII bought 11.8 K contract of Index Future worth 942 cores, Net OI has increased by 6.2 K contract,9 K Long contract were added by FII and 2.8 K  Shorts were covered by FII. Net FII Long Short ratio at 3.6 So FII used rise to enter longs and exit shorts. Nifty rallied for 9… Read More »

BANK NIFTY Predictions and Forecasts for 2021

By | January 3, 2021 7:27 am

The year 2020 has been insanely tumultuous: Volatile trading sessions, the shortest bear market, a ferocious bull run, an unprecedented global lockdown,  In 2020, we had a bear market, a bull market, a recession, all-time highs (a bubble?). All in the same year.  Yearly Chart Bank Nifty Yearly chart have formed an Hanging Man Candlestick.  2021… Read More »