The “Market is Always Right!”

By | October 19, 2021 4:02 pm

Unsuccessful traders are obsessed with market and data analysis. They crave the sense of certainty that analysis appears to give them. Although few would admit it, the truth is that the typical trader wants to be right on every single trade. He is desperately trying create (the illusion) of certainty where it just doesn’t exist.… Read More »

NIFTY Daily Technical Analysis

By | October 18, 2021 9:30 pm

FII sold 5.7 K contract of Index Future worth 606 cores, Net OI has decreased by 4.1 K contract 4.9 K Long contract were covered by FII and 813 Shorts were added by FII. Net FII Long Short ratio at 1.9 so FII used rise to exit longs and enter  shorts. As discussed in Last… Read More »

NIFTY BANK Daily Technical Analysis

By | October 18, 2021 8:25 pm

As discussed in Last Analysis   Till Bulls are holding 39304 rally can continue towards 39709/40109. Bear will have chance below 39176 for a move towards 38979/38782. We have double ingress of Monday Mercury and Jupiter going Ingress suggesting another big move coming.  Another gap up day. FII’s are moving the index down only via gap… Read More »

WD GANN TRADING STRATEGY :Tata Power,Tata Chemical, AU Bank

By | October 18, 2021 10:07 am

Tata Power Positional  Traders can use the below mentioned levels Close below 247 Target 236 Intraday Traders can use the below mentioned levels Buy above 256 Tgt 259, 261 and 263 SL 254 Sell below  247 Tgt 244, 241 and 239 SL 250 Tata Chem  Positional  Traders can use the below mentioned levels Close below… Read More »

Nifty 50 Weekly Analysis As Jupiter Goes Direct

By | October 17, 2021 7:00 pm

Last Week We gave Chopad Level of 17850 Nifty gave LONG Entry which did all target on UPSIDE so EXCELLENT Week for Chopad Followers, as Saturn Turns Direct and Bayer Rule 27: Big tops and big major bottoms are when Mercury’s speed in Geocentric longitude is 59 minutes or 1 degree 58 minutes showed its… Read More »

WEEKLY INDEX STOCK GANN TRADING LEVELS ANALYSIS

By | October 17, 2021 5:00 pm

Last Week Analysis HOW TO TRADE GANN LEVELS Reliance Trend Deciding Level: 2718  Weekly Resistance: 2745,2771,2797,2824,2850 Weekly Support: 2694,2668,2642,2616,2591 HDFC Trend Deciding Level: 2822 Weekly Resistance: 2849,2875,2900,2925 Weekly Support: 2795,2770,2743,2717 Infosys Trend Deciding Level: 1720 Weekly Resistance: 1741,1762,1783,1802 Weekly Support:1700,1679,1659,1638 ICICI Bank Trend Deciding Level: 729 Weekly Resistance: 741,755,769,783 Weekly Support:714,701,688,677 HDFC Bank Trend Deciding… Read More »

USD INR Weekly Forecast

By | October 17, 2021 4:30 pm

One can compare USDINR to a triple engine aircraft. How far will it fly depends on how the engines are performing. The most powerful engine being equity sell-off, which measures the possibility of FPI outflows, which is missing in action. The second most powerful is uptrend in the US Dollar against other major currencies, measured… Read More »