I arrived at the address and honked the horn. After waiting a few minutes, I honked again. Since this was going to be my last ride of my shift, I thought about just driving away, but instead I put the car in park and walked up to the door and knocked. ‘Just a minute’, answered… Read More »
Most of the traders i have interacted major flaw in most of their trading is not being planned and prepared. Most of traders are predictive in nature, they are more interested in knowing the next move of markets. Technically speaking a traders should be reactive in nature where they trade what market is showing on… Read More »
Indian Hotel Positional Traders can use the below mentioned levels Close below 217 Target 199 Intraday Traders can use the below mentioned levels Buy above 220 Tgt 222, 225 and 228 SL 218 Sell below 217 Tgt 215, 212 and 210 SL 218.5 Canfin Home Positional Traders can use the below mentioned levels… Read More »
FII bought K contract of Index Future worth 1697 cores, Net OI has increased by 11 K contract 11 K Long contract were added by FII and 7.7 K Shorts were covered by FII. Net FII Long Short ratio at 0.62 so FII used rise to ENTER Longs and EXIT Shorts. As Discussed In Last… Read More »
As Discussed In Last Analysis BANK Nifty closed at 38225 suggesting rally can continue towards 38501/38786/39071/39304. Bears will have chance only below 38500 for a move towards 38225/38000. Bank NIfty is approaching the higher end of gann angle, Range of 39378-39400 is crucial zone, Once trading above it rally can continue towards 39777/40150. Bears will have… Read More »
As Discussed In Last Analysis We are entering budget with a low expecation and any good news on Tax Front can lead the rally and Bank Nifty has formed Inside Bar pattern. Bulls will get active above 38225 for a move towards 38501/38786/39071/39304. Bears will get active below 37636 for a move towards 37363/37078/36793/36509. BANK… Read More »
FII sold 4.7 K contract of Index Future worth 414 cores, Net OI has increased by 11 K contract 3.1 K Long contract were added by FII and 7.9 K Shorts were added by FII. Net FII Long Short ratio at 0.46 so FII used rise to ENTER Longs and ENTER Shorts. As Discussed In… Read More »
DEFICIT/EXPENDITURE 1. Proposes fiscal deficit of 4.5% of GDP by 2025/26 2. Projects fiscal deficit of 6.4% of GDP in 2022/23 3. Revised fiscal deficit for 2021/22 at 6.9% of GDP 4. Total expenditure in 2022/23 seen at 39.45 trillion rupees 5. States will be allowed 4% fiscal deficit to GDP in FY23 6. 50… Read More »
HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level: 2401 Weekly Resistance: 2425,2449,2473,2497 Weekly Support: 2377,2353,2329,2305 HDFC Trend Deciding Level: 2522 Weekly Resistance: 2547,2547,2572,2597,2621 Weekly Support: 2498,2473,2448,2424,2400 Infosys Trend Deciding Level: 1746 Weekly Resistance: 1767,1787,1807,1828 Weekly Support:1728,1707,1686,1666,1644 ICICI Bank Trend Deciding Level: 792 Weekly Resistance: 807,821,836,860 Weekly Support:778,763,749,734 HDFC Bank Trend Deciding Level: 1497 Weekly… Read More »
ZEE Positional Traders can use the below mentioned levels Close below 288 Target 277 Intraday Traders can use the below mentioned levels Buy above 290 Tgt 292, 296 and 299 SL 288.5 Sell below 288 Tgt 286.5, 285 and 283 SL 289.5 Cipla Positional Traders can use the below mentioned levels Close below… Read More »