MCX GOLD Gann Angle Chart Gold is back to its 1×1 gann angle support, Holding 62800 can see a bounce back towards 63225/63500. MCX GOLD Supply Demand Zone MCX GOLD Supply Demand Chart : Demand in range of 62400-62470, Supply in range of 63225-63250. MCX GOLD Harmonic Analysis ABCD pattern is completed. GOLD Astro/Gann Trend… Read More »
The USDINR market has remained in a persistent stalemate since August of the previous year, with a tight trading range between 82.80 and 83.40. This range is primarily concentrated within the 83.00 to 83.35 levels, lasting over five months with fluctuations of less than half a rupee. Such a stable period may inadvertently lead hedgers… Read More »
In 2023, BANK NIFTY witnessed a robust performance with approximately a 12% increase. Bank Nifty soared by 5305 points, reaching the 48292 trading near its All time High. This impressive rally was fueled by consistent domestic mutual fund inflows, a resurgence in foreign buying, better-than-expected economic growth, and strong corporate earnings. As the financial landscape… Read More »
In 2023, India’s prominent stock indices, Nifty 50 and BSE Sensex, witnessed a robust performance with approximately a 20% increase, marking their second-best year since 2017. Globally, they ranked among the top-performing stock indexes. Nifty soared by 3,600 points, reaching the 21,800-mark, while Sensex experienced an 11,000-point surge, surpassing the 72,000-mark. This impressive rally was… Read More »
Trading in the financial markets requires a systematic approach that incorporates well-defined strategies. One such strategy that has gained popularity among traders is the Gann Opening Price strategy. Developed by legendary trader W.D. Gann, this strategy revolves around the concept of using opening prices to predict future market movements. In this article, we will delve… Read More »
During the Kurukshetra war, which was described as the Dharma Yuddha, the mother of all battles, no one could remain neutral. You had to be either on the Kaurava side or the Pandava side. Hundreds of kings started aligning themselves on either side. Since Jarasandha of Magadha, who used to be a major force, was dead,… 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 582 contracts worth 62 crores, resulting in an increase of 960 contracts in the Net Open Interest. As Discussed in Last Analysis Mercury and Jupiter both… Read More »
Foreign Institutional Investors (FIIs) exhibited a Bullish stance in the Bank Nifty Index Futures market by Buying 1761 contracts with a total value of 128 crores. This activity led to a decrease of 2691 contracts in the Net Open Interest. As Discussed in Last Analysis Mercury and Jupiter both have turned direct as discuused in… Read More »
As Discussed in Last Analysis Mercury and Jupiter both have turned direct as discuused in below video.Tommrow Mars is also moving to Capricon, IN last 1 Week Venus/Merucry/Mars has changed sign. As Multiple plannets change sign Market also trend to changes the direction. Mars is an energy plannet so tommrow we can see an explosive… Read More »
As Discussed in Last Analysis Mercury and Jupiter both have turned direct as discuused in below video, Mercury is moving in Sagittarius. Today we have Moon Declination which is very important as discussed in below video. Intrdaay traders can use first 15 mins High and low to trade. Mercury and Jupiter both have turned direct… Read More »