Bank Nifty finally close above 29791,EOD Analysis

By | March 21, 2019 4:25 pm

As Discussed in Last Analysis Bank Nifty facing resistance at vedic number 29791. Fresh long should be taken above 29791 for a move towards 29929/30125. Bank Nifty finally closed above 29791 now bulls can rally towards 29929/30125/30240. Bears will get active below 29600 for a move towards 29376/29240.22 Mar is important Astrological Event so High… Read More »

Nifty close above 11530,EOD Analysis

By | March 19, 2019 11:43 pm

FII’s bought 4.1 K contract of Index Future worth 287 cores 9.1 K Long contract were added by FII’s and 5 K  Short contracts were added by FII’s. Net Open Interest increased  by 14.2 K contract, so rise in Nifty was used by FII’s to enter long and enter short in  Index futures.FII’s Long to… Read More »

Emotional Hijacking in Trading

By | March 19, 2019 3:33 pm

When emotions dominate Traders decision making,Trader become subject to emotional hijackings—episodes where your trading actions are completely emotion driven.As markets go against the trader, confidence withers and emotions become even more prominent in decision making. It causes feelings‐driven actions that seemed correct at the time, but objectively and, of course, in hindsight, were obviously wrong. … Read More »

Darvas Box Analysis:Torrent Power CESC DLF

By | March 19, 2019 7:58 am

Torrent Power Positional  Traders can use the below mentioned levels Close above 263 Target 271/277 Intraday Traders can use the below mentioned levels Buy above 262 Tgt 264,266 and 269 SL 260 Sell below 259 Tgt 256,253 and 250 SL 261 DLF Positional  Traders can use the below mentioned levels Close below 195 Target 187/183… Read More »

Nifty Forms Doji as Sun Mercury Conjunct

By | March 18, 2019 9:02 pm

FII’s bought 9.5 K contract of Index Future worth 827 cores 6.6 K Long contract were added by FII’s and 2.8 K  Short contracts were covered by FII’s. Net Open Interest increased  by 3.8 K contract, so rise in Nifty was used by FII’s to enter long and exit short in  Index futures.FII’s Long to… Read More »

Bank Nifty Forms Doji as Sun Mercury Conjunct

By | March 18, 2019 8:28 pm

As Discussed in Last Analysis 29791 is another strong vedic number just like 27000. Bears will get active only below 29240 for a move back to 29160/29075/29000. 16 Mar is very important date so we will see effect on Monday. We saw the effect of Mercury Mars Conjunction also vedic number 29791  Bank Nifty corrected… Read More »