Indian Rupee Weekly Forecast

By | September 6, 2020 1:38 pm

India Rupee had another volatile week,and formed outside bar pattern on Friday suggesting anotehr good move coming. 73.37 should be watched closely to catch the enxt trend in the currency. USD INR Gann Angle Chart Price tocuhed the lower end of gann angle. USD INR Plannetary Support and Resistace Line  As discussed in last analysis… Read More »

Nifty Analysis for 07 Sep

By | September 5, 2020 4:51 pm

FII sold 8.7 K contract of Index Future worth 696 cores, Net OI has decreased by 176 contract, 4.4 K Long contract were covered by FII and 4.2 K Shorts were added by FII. Net FII Long Short ratio at 1.15, So FII used rise to exit longs and enter shorts.  As discussed in last… Read More »

Bank Nifty Analysis for 07 Sep

By | September 5, 2020 3:46 pm

As discussed in last analysis Bulls got whipsawed and bears did 23596 on downside and now waitng for 23317/23150/22900/22700. Bulls will get active above 23751 for a move back to 23904/24278/24500. Bank Nifty made top at Gann Angle as shown in below chart and we have corrected around 1500 points in 5 trading sessions. 22900 done… Read More »

Nifty Analysis for 04 Sep

By | September 3, 2020 10:42 pm

FII sold 9.4 K contract of Index Future worth 771 cores, Net OI has decreased by 5.1 K contract, 7.2 K Long contract were covered by FII and 2.1 K Shorts were added by FII. Net FII Long Short ratio at 1.32, So FII used rise to exit longs and enter shorts.  As discussed in… Read More »

Bank Nifty Analysis for 04 Sep

By | September 3, 2020 8:48 pm

As discussed in last analysis We are near a perfect set up for explosive move as we have astro date today with Inside Bar formation.Bulls need to move above 23940 for a move back to 24124/24300/24500. Bears will get active below 23700 for a move back to 23596/23317/23150. Bulls got whipsawed and bears did 23596… Read More »

Trading Psychology: Inside the Mind of a Successful Trader

By | September 3, 2020 4:01 pm

Great traders are often thought of as talented anticipators of direction or momentum, or as exceptionally skilled risk managers, which many are. But an often overlooked trait which should always be mentioned is the successful trader’s ability to control emotions. Psychology is one of the basic components of technical analysis along with mathematics and geometry.… Read More »