As discussed in last analysis Nifty continued with the fall and closed near its 200 W SMA also forming a Hammer candlestick near the gann arc, suggesting we are near bottom for the time being. Bulls need to close above 14338. Till it do not close above 14338 any rise will be short covering rally… Read More »
Last Week we gave Chopad Level 15170 Bank Nifty short initiated below chopad levels on Monday did all target in downside by Tuesday.Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly As discussed last week Bank Nifty broke the 180 degree support and quickly saw fall till 225, did not close… Read More »
Last Week we gave Chopad Levels of 7455 , Nifty gave short entry on Monday and did all 3 targets by Wednesday thus rewarding discipline chopad followers by 175 points in matter of 3 trading sessions, Nifty was unable to close above the Chopad level of 7455 throughout the week. Nifty had the worst weekly… Read More »