Crude was unable to break 2750 and and is back to gann angle resistance.Price below 2896 heading towards 2804/2750/2666/2610. Crude Gann Angle Chart Price has broken below the gann angles so price below 2896 heading towards 2804/2750/2666/2610 Crude Plannetary Support and Resistace Line Consolidating near Plannetary Line big move round the corner. Crude Harmonic Analysis… Read More »
Gold Price bounced from the ABCD harmonic pattern level and saw a move towards 50980.Now till we are holding 50431 price heading towards 51600. GOLD Gann Angle Chart Broken the Gann Angle and doing consolidation. GOLD Plannetary Support and Resistace Line Price back above the Planneatry line and holding 50666 price heading towards 51600. GOLD… Read More »
Rupee continued with its range bound move between 73.80-73.11. 13 Oct is important time cycle. USD INR Gann Angle Chart Price nearing the lower end of gann angle. USD INR Plannetary Support and Resistace Line Rupee continued to trade with its range bound move between plannetary lines as seen in above chart. USD INR Harmonic… Read More »
Most of traders develop trading systems based on patterns we see in price action or in momentum or other indicators. But, what if we took “time” into account as well? When ever we talk of TIME, one person which come to our Mind is legendary W D Gann. But there are many other famous traders… Read More »
FII bought 10.1 K caontract of Index Future worth 739 cores, Net OI has decreased by 1.4 K contract, 4.3 K Long contract were added by FII and 5.7 K Shorts were covered by FII. Net FII Long Short ratio at 2.5 So FII used rise to enter longs and exit shorts. As Discussed in… Read More »
As Discussed in Last Analysis Bulls need to move above 23270 for a move back to 23400/23610. Bears will get active vbelow 23150 for a move back to 23020/22848/22666. All Bullish target done and we have seen a perfect view from 1 gann angle to another gann angle as seen in below chart, Now we are… Read More »
Its been 1100 + Points Rally in Nifty in last 10 trading session many traders asked me “Can money be made in trading ?” Let me try to answer the same. Trading is always a high return high risk game and it needs nimble trading approach with tons of discipline. Traders say its the Big… Read More »
Our house was directly across the street from the entrance of a popular hospital in the city. We lived downstairs and rented the upstairs rooms to out patients at the clinic. One summer evening as I was fixing supper, there was a knock at the door. I opened it to see a truly awful looking… Read More »
The Below Strategy will be Helpful for Option Writers, We are using Historical Volatility of Index to predict the probable range of market in next 5 trading sessions. We get this Range of Expiry day close and take position next day at Open. We have 2 methodology where we have 70% Probability of Winning and… Read More »
Jindal Steel Positional Traders can use the below mentioned levels Close below 192 Target 181 Intraday Traders can use the below mentioned levels Buy above 194 Tgt 196, 199 and 201 SL 192 Sell below 192 Tgt 190, 187 and 185 SL 193.5 Axis Bank Positional Traders can use the below mentioned levels Close below… Read More »