Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Nifty Index Futures market by Buying 10592 contracts worth 988 crores, resulting in a decease of 13246 contracts in the Net Open Interest. FIIs sold 1492 long contracts and added 11973 short contracts were covered by them, indicating a preference for covering LONG and SHORT… Read More »
HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level:2478 Weekly Resistance: 2503,2529,2555,2580 Weekly Support: 2452,2427,2401,2380 HDFC Trend Deciding Level:2653 Weekly Resistance: 2679,2705,2731,2752 Weekly Support: 2627,2601,2576,2548,2522 Infosys Trend Deciding Level: 1259 Weekly Resistance:1277,1296,1314,1332 Weekly Support:1241,1223,1204,1186 ICICI Bank Trend Deciding Level: 940 Weekly Resistance: 948,956,965,976 Weekly Support: 932,925,916,908 HDFC Bank Trend Deciding Level:… Read More »
Last Week we gave Chopad Level of 44076 Bank Nifty Bulls got Stopped out and Bears also got Stopped . It was an Bad week for Chopad followers. Coming Week we have we have Multiple Astro Date coming involving Outer Plannet as discussed below Pluto Ingress Mercury INgress Lunar Node Ingress Bayer Rule 5:Mercury Retrograde… Read More »
Last Week we gave Chopad Level of 18607 Bulls got Stopped out and Bears also got Stopped . It was an Bad week for Chopad followers. Coming Week we have we have Multiple Astro Date coming involving Outer Plannet as discussed below Pluto Ingress Mercury INgress Lunar Node Ingress Bayer Rule 5:Mercury Retrograde Zodical Position… Read More »
The MCX Gold price closed at ₹59,777 per 10 grams on June 9, 2023, down by 0.05% from the previous week’s close of ₹59,805 per 10 grams. The price of gold traded in a narrow range of ₹59,410 to ₹60,040 per 10 grams during the week. The overall trend of the gold price was sideways.… Read More »
Price Movement The price of MCX Crude closed at 5866 on June 9, 2023, down 1.15% from the previous week’s close of 5941 . The week was marked by volatility, with the price ranging from a high of 6138 to a low of 5760. Key Drivers The main drivers of the price movement in the… Read More »
RBI’s monetary policy unfolded as expected, resulting in minimal volatility in the USDINR market. Policy rates were left unchanged, while the inflation forecast for FY24 was revised down from 5.2% to 5.1%. RBI maintained its growth expectation for FY24 at 6.5%. Nevertheless, USDINR started the day with a downward gap due to a decline in… 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 »
Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Nifty Index Futures market by Shorting 6037 contracts worth 563 crores, resulting in a decease of 7361 contracts in the Net Open Interest. FIIs sold 6707 long contracts and added 172 short contracts were covered by them, indicating a preference for covering LONG and SHORT… Read More »
Foreign Institutional Investors (FIIs) displayed a Bearish approach in the Bank Nifty Index Futures market by SHORTING 498 contracts worth 53 crores, resulting in a increase of 482 contracts in the Net Open Interest. As Discussed in Last Analysis Bayer Rule 2: Trend goes down within 3 days when the speed difference between Mars and… Read More »