Bank Nifty Analysis as It Near Gann Angle Resistance

By | January 7, 2021 8:16 pm

As discussed in Last Analysis   As we have weekly expiry tommrow, Bulls were able to close above 31777 waiting for the target of 32014/32300/32423. Bears will active below 31696 for a move back to 31585/31343/31135. We are opening gap up and filling gaps in last 2 days suggesting trend is becoming weaker as we are… Read More »

Nifty Weekly Expiry Analysis

By | January 7, 2021 3:41 am

FII sold 2.9 K contract of Index Future worth 295 cores, Net OI has decreased by 3.2 K contract3  K Long contract were covered by FII and 170 Shorts were covered by FII. Net FII Long Short ratio at 3.5 So FII used rise to exit longs and exit shorts.FII have heavily throw funds towards… Read More »

Bank Nifty Weekly Expiry Analysis

By | January 7, 2021 12:33 am

As discussed in Last Analysis  Bulls were able to do 1 target on upside and we got the trending move as per expectation. Now we are again at Gann Angle resistance bulls need to move above 31777 for a move back to 32014/32300. Bears will active below 31470 for a move back to 31200/31010/30800. Another gap… Read More »

Day Trading: Smart Or Stupid?

By | January 6, 2021 3:58 pm

Yes, it is possible to make money in stock trading. Some people have actually made millions trading in markets day in day out. Eg : Jessie Livingston, George Soros, Rakesh Jhunjhunwala etc But there is a catch! Only a few people will be able to make it! The number of successful trader will always remain… Read More »