Foreign Institutional Investors (FIIs) displayed a Bullish approach in the Bank Nifty Index Futures market by Buying 963 contracts worth 160 crores, resulting in a increase of 4421 contracts in the Net Open Interest. As Discussed in Last Analysis Nifty is heading towards 18604 which was previous all time high so it will act as… Read More »
Foreign Institutional Investors (FIIs) displayed a Bullish approach in the Nifty Index Futures market by Buying 1206 contracts worth 113 crores, resulting in a decrease of 1928 contracts in the Net Open Interest. FIIs bought 2292 long contracts and bought 269 short contracts , indicating a preference for covering LONG and adding SHORT positions .With… Read More »
Confidence is trait which a trader needs to develop to make money on consistent basis. Trading success is achieved when trader is able to execute trades confidently and overcoming trading emotions. Traders can develop confidence in long run when they have a back-tested strategy on whom they trust without any doubt, a trading plan to… Read More »
HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level:2506 Weekly Resistance: 2531,2556,2582 Weekly Support: 2480,2455,2429,2404 HDFC Trend Deciding Level:2720 Weekly Resistance: 2745,2771,2797,2822 Weekly Support: 2694,2669,2643,2618 Infosys Trend Deciding Level: 1259 Weekly Resistance:1277,1296,1314,1332 Weekly Support:1241,1223,1204,1186 ICICI Bank Trend Deciding Level: 920 Weekly Resistance: 928,935,942,949 Weekly Support:914,907,900 HDFC Bank Trend Deciding Level: 1638… Read More »
Last Week we gave Chopad Level of 18827 Bears were able to do 2 target on downside and got stopped out on upside so Average Week for Chopad followers. Coming Week we have we have Lunar Cycle coming on 26 June very important and Monthly expiry so could be very exciting week. Astro analysis can… Read More »
Last Week we gave Chopad Level of 18827 Bears were able to do 2 target on downside and got stopped out on upside so Average Week for Chopad followers. Coming Week we have we have Lunar Cycle coming on 26 June very important and Monthly expiry so could be very exciting week. Astro analysis can… Read More »
The MCX Gold price closed at ₹58300 per 10 grams on June 23, 2023, down by 1.76 % from the previous week’s close of ₹59354 per 10 grams. The price of gold traded in a narrow range of ₹59392 to ₹58096 per 10 grams during the week. The overall trend of the gold price was… Read More »
Price Movement The price of MCX Crude closed at 5675 on June 23, 2023, down 3.4 % from the previous week’s close of 5877 . The week was marked by volatility, with the price ranging from a high of 5975 to a low of 5546. Key Drivers The main drivers of the price movement in… Read More »
USDINR to trade within the range of 81.80/85 and 82.05/08 on the spot. Incase it breaks 81.80 with volume, then we may even see the test of the critical support zone near 81.60/65 levels on spot. Scalping remains the preferred strategy, and despite the historically low implied volatilities and options premiums. USD INR Gann Angle… Read More »
The Gann 144-bar strategy is a technical analysis approach used in trading based on the work of W.D. Gann, a renowned trader and analyst. This strategy involves observing price movements and patterns over a specific time frame consisting of 144 bars. Here are the basic steps to implement the Gann 144-bar strategy: Select a financial… Read More »