Last Week we gave Chopad level of 17799 Bears did all target on downside so excellent week for chopad followers as Sun Ingress and Bayer Rule 6: The price is in bottom when Mars was in 16 degrees 35 minutes of some sign and plus 30 degrees showed impact. Coming Week we have Sun Conjunct… Read More »
Outlook for the Gold is bullish as rising global inflation, dovish stance of the US Fed on interest rate hike and depreciating Indian National Rupee (INR) against the US Dollar (USD) are already supporting Gold. MCX GOLD Gann Angle Chart MCX Gold saw a good upmove but failed to close above the highs. MCX GOLD… Read More »
Oil prices plunged about $10 a barrel or Rs 700 on Friday, their largest one-day drop since April 2020, as a new COVID-19 variant Omicron spooked investors and added to concerns that a supply surplus could swell in the first quarter. Oil fell with global equities markets on fears the variant could dampen economic growth… Read More »
After being stuck in a range of barely 30 paise for almost three weeks, finally, USDINR made a breakout move. Next week, Indian GDP data for the September quarter will be keenly watched. However, a weaker than expected growth number is expected to have a bigger impact, than a strong one, as USDINR has begun to… Read More »
The number one problem out there with most of traders is usually one of the following: Being ‘stuck’ with a position A position showing huge and devastating losses A single position that is way too big The underlying problem is always the same. At some point in time things changed and control shifted. You started… Read More »
As Discussed in Last Analysis Bears got whipsawed and we have formed a Perfect DOJI today and we again faced resistance at gann angle. Tommorow Jupiter Opposition Moon as Jupiter Rules of Bank Nifty so we should see big move in bank nifty. Bulls need to move above 37505 for a move towards 37696/37889/38081. Bears… Read More »
FII sold 37.3 K contract of Index Future worth 3271 cores, Net OI has decreased by 5.4 K contract 21.4 K Long contract were covered by FII and 15.9 K Shorts were added by FII. Net FII Long Short ratio at 1.44 so FII used FALL to EXIT longs and ENTER shorts. As Discussed in… Read More »
Once a sage thought that people go to wash their sins in the Ganges, it means that all the sins got absorbed in the Ganges and Ganga also became a sinner. He did penance to know where the sins go? Deities appeared as a result of doing penance, the sage asked, where does the sin… Read More »
Bandhan Bank Positional Traders can use the below mentioned levels Close above 318 Target 327 Intraday Traders can use the below mentioned levels Buy above 318 Tgt 321, 324 and 327 SL 315 Sell below 312 Tgt 309, 306 and 303 SL 315 Titan Positional Traders can use the below mentioned levels Close above 2403… Read More »
FII bought 6.5 K contract of Index Future worth 597 cores, Net OI has decreased by 41.1 K contract 4.8 K Long contract were added by FII and 45.9 K Shorts were covered by FII. Net FII Long Short ratio at 1.22 so FII used RISE to ENTER longs and EXIT shorts. As Discussed in… Read More »