Unlocking Bank Nifty’s Potential: Analyzing Mercury Square Jupiter Aspect and the 144 Bar Blowout Move

By | July 17, 2023 9:35 pm

Foreign Institutional Investors (FIIs) displayed a Bullish approach in the Bank Nifty Index Futures market by Buying 1073  contracts worth 73 crores, resulting in a increase of 4811 contracts in the Net Open Interest.   As Discussed in Last Analysis Bank  Nifty gave an intraday rally but faced rejection at 4×3 gann angle as shown in… Read More »

Gann Analysis and Chart Insights: Unveiling Nifty’s Potential in 10 Stocks

By | July 17, 2023 9:44 am

HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level:2751 Weekly Resistance: 2775,2799,2824,2848 Weekly Support: 2729,2700,2666,2630   HDFC BANK Trend Deciding Level:1633 Weekly Resistance: 1650,1666,1685,1699 Weekly Support: 1610,1585,1560,1535   Infosys Trend Deciding Level: 1435 Weekly Resistance:1452,1469,1487,1507 Weekly Support:1416,1398,1381,1363   ICICI Bank Trend Deciding Level: 955 Weekly Resistance: 963,972,981,992 Weekly Support: 944,936,927,921   TATA MOTOR Trend Deciding… Read More »

MCX GOLD Weekly Trading Plan

By | July 16, 2023 9:45 pm

The MCX Gold price closed at ₹59316 per 10 grams on July 14, 2023, up by 0.91% from the previous week’s close of ₹59316 per 10 grams. The price of gold traded in a narrow range of ₹59379 to ₹58403  per 10 grams during the week. The overall trend of the gold price was sideways.… Read More »

USD/INR Forex Market Analysis: Essential Weekly Trade Levels Unveiled

By | July 16, 2023 7:43 pm

The US Dollar is trading below 100, yet the USDINR pair has remained relatively stable despite the weak US Dollar. This stability is observed despite strong foreign portfolio investments (FPI) inflows into India. The Reserve Bank of India (RBI) is likely implementing aggressive intervention measures to maintain stability. The RBI may be buying US dollars… Read More »

Inside the Mind of the Average Trader: Unveiling Common Thoughts and Challenges

By | July 15, 2023 3:31 pm

Who is an  average trader ? The majority of people fall into this ‘average trader’ category.  Basically, they seem to think that trading is easy and for whatever reason they buy a stock, the stock’s immediately going to go in their favor.  Heaven forbid they actually are successful, because now that reinforces that behavior going forward and… Read More »