Bank Nifty Analysis for 21 Sep

By | September 19, 2020 1:13 pm

As Discussed in Last Analysis Bank Nifty is approaching an Important Astro Cycle and also we formed NR7 day today suggesting big move round the corner. Bulls have failed to close above 22760. Bears need to break 22250 for move back to 22126/21986/21800. Bulls will get active above 22525 for a move back to 22698/22800/23000.High… Read More »

Why You Should Sharpen Your Axes

By | September 18, 2020 6:36 pm

Once upon a time, a very strong woodcutter asked for a job in a timber merchant and he got it. The pay was really good and so was the work condition. For those reasons, the woodcutter was determined to do his best. His boss gave him an axe and showed him the area where he… Read More »

Nifty Ready for a Big Move

By | September 17, 2020 8:40 pm

FII sold 7.8 K contract of Index Future worth 672 cores, Net OI has increased by 3.4 K contract, 2.2 K Long contract were covered  by FII and 5.6 K Shorts were added by FII. Net FII Long Short ratio at 0.89 So FII used fall to exit longs and enter shorts. Thanks for all… Read More »

Bank Nifty Ready for a Big Move

By | September 17, 2020 8:10 pm

Thanks for all your Mails, I was not in best of my health in past few days so need to take a break, Thanks again for all your warm wishes. Bank Nifty is approaching an Important Astro Cycle and also we formed NR7 day today suggesting big move round the corner. Bulls have failed to… Read More »

Trading using Harmonic Pattern:Jindal Steel,HDFC Bank,PEL

By | September 16, 2020 8:04 am

Jindal Steel Positional  Traders can use the below mentioned levels Close below 202 Target 189 Intraday Traders can use the below mentioned levels Buy above 207 Tgt 210, 212 and 215 SL 205 Sell below 204 Tgt 202, 200 and 197 SL 206.5 PEL   Positional  Traders can use the below mentioned levels Close below… Read More »

Nifty Analysis for 16 Sep

By | September 15, 2020 9:50 pm

FII sold 10.8 K contract of Index Future worth 828  cores, Net OI has increased by 10.8 K contract, 714 Long contract were added by FII and 765 K Shorts were covered  by FII. Net FII Long Short ratio at 1.07 So FII used rise to enter  longs and exit shorts.  As discussed in last… Read More »

Bank Nifty Analysis for 16 Sep

By | September 15, 2020 8:32 pm

As discussed in last analysis Bank Nifty Bulls got whipsawed and bears once below 22200 did 22080,Now Bears need to break 22080 Mars Retrograde low for move towards 21850/21576/21350. Bulls will get active above 22400 for a move back to 22553/22750/23000.Bank Nifty has formed Double Bottom at Mars Retrograde low of 22080, Now bulls need… Read More »

Trading using Darvas Box:ACC Axis Bank LT

By | September 15, 2020 8:02 am

ACC Positional  Traders can use the below mentioned levels Close below 1363 Target 1320 Intraday Traders can use the below mentioned levels Buy above 1374 Tgt 1385, 1400 and 1420 SL 1366 Sell below 1363 Tgt 1350, 1338 and 1320 SL 1369 Axis Bank   Positional  Traders can use the below mentioned levels Close above… Read More »