Nifty Bank Forms Outside Bar near Gann Support

By | October 19, 2021 8:01 pm

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 »

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 »