USDINR remains confined within a range, lacking any significant catalysts to prompt a breakout. The support zone hovers around 82.80/90, while resistance looms near 83.20. Traders might consider selling around 83.10/15 with a stop above 83.20 on a spot basis. Conversely, buying near 82.90 with a stop below 82.80 on a spot basis could be… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
Astrology in general is not looked upon fondly in modern society. It is labeled as superstitious, unscientific, and relegated to the back page of newspapers next to the comics. However, many traders, including myself, use astrology to time markets with very high success. In many cases, it is possible to know when a turning point… Read More »
~Story by Shel Silverstein A long time ago, there was a huge apple tree. A little boy loved to come and play around it everyday. He climbed to the treetop, ate the apples, and took a nap under the shadow. He loved the tree and the tree loved to play with him. Time went by,… Read More »
Foreign Institutional Investors (FIIs) exhibited a Bullish stance in the Bank Nifty Index Futures market by Buying 2329 contracts with a total value of 162 crores. This activity led to a decrease of 4339 contracts in the Net Open Interest. As Discussed in Last Analysis We have seen importance of Astro date and trading with… Read More »
Analysis of FIIs’ behavior in the Nifty Index Futures market shows a Bullish approach as they displayed a preference for LONG positions. On a net basis, FIIs went LONG 2876 contracts worth 319 crores, resulting in an decrease of 5962 contracts in the Net Open Interest. As Discussed in Last Analysis We have seen importance… Read More »
As Discussed in Last Analysis We have seen importance of Astro date and trading with price levels Finance Nifty held on to its 200 DMA and stage a smart recovery and again closed above its 1×2 gann angle. Mars being an energy plannets its adds fuel to fire. Now Bulls need to close above 20400… Read More »
Ashok Leyland Positional Traders can use the below mentioned levels Close below 173 Target 166 Intraday Traders can use the below mentioned levels Buy above 175 Tgt 176.5 , 178 and 180 SL 173.5 Sell below 173 Tgt 171, 169 and 166 SL 174.5 ARE&M Positional Traders can use the below mentioned levels Close below… Read More »
Analysis of FIIs’ behavior in the Nifty Index Futures market shows a Bearish approach as they displayed a preference for SHORT positions. On a net basis, FIIs went SHORT 5221 contracts worth 566 crores, resulting in an decrease of 1191 contracts in the Net Open Interest. As Discussed in Last Analysis Nifty took support at… Read More »
Foreign Institutional Investors (FIIs) exhibited a Bullish stance in the Bank Nifty Index Futures market by Buying 6587 contracts with a total value of 448 crores. This activity led to a increase of 10035 contracts in the Net Open Interest. As Discussed in Last Analysis Bank Nifty was unable to close above 1×2 gann angle… Read More »