As discussed in Last Analysis Break of todays high and low will easily give 800-1000 move in Bank nifty. Bulls need a close above 39760 for a move towards 39898/40109/40276. Bears will get active below 39555 for a move towards 39355/39142/39000. It was a day of whipsaw but bulls were able to hold both gann… Read More »
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 »
LIC Housing Positional Traders can use the below mentioned levels Close above 460 Target 485 Intraday Traders can use the below mentioned levels Buy above 460 Tgt 464, 468 and 472 SL 456 Sell below 452 Tgt 448, 444 and 440 SL 456 UBL Positional Traders can use the below mentioned levels Close below 1666… Read More »
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 »
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 »
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 »
Last Week We gave Chopad Level of 37800 Bank 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 »
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 »
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 »
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 »