As Discussed in Last Analysis High made was 25907 near our target of 25920 Low made was 25488 near our target of 25488, now 13 Nov imp date so below 25488 we can continue fall towards 25344/25250. Bullish above 25650 for a move back to 25800/25920.Bank Nifty bears got whipsawed but bulls made a 25796… Read More »
Indian Bank Positional Traders can use the below mentioned levels Close above 225 Target 233/236 Intraday Traders can use the below mentioned levels Buy above 225 Tgt 228,231 and 234 SL 222 Sell below 220 Tgt 217,214 and 211 SL 222 Reliance Positional Traders can use the below mentioned levels Close… Read More »
FII’s bought 283 contract of Index Future worth 168 cores ,6.1 K Long contract were added by FII’s and 5.8 K Short contracts were added by FII’s. Net Open Interest increased by 12 K contract, so fall in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short Ratio… Read More »
As Discussed in Last Analysis Bank Nifty has been consolidating near gann angle and 13 Nov being an important time cycle date suggest we can see a good move as traders will return after Diwali Holidays. Bullish above 25800 for a move towards 25920/26059. Bearish below 25600 for a move back to 25488/25344/25250. High made was… Read More »
Reliance Capital Positional Traders can use the below mentioned levels Close above 264 Target 276/283 Intraday Traders can use the below mentioned levels Buy above 264 Tgt 267,271 and 277 SL 261 Sell below 257 Tgt 253,249 and 244 SL 260 Century Textile Positional Traders can use the below mentioned levels… Read More »
Last Week we gave Chopad level of 25730 Bank Nifty gave Short entry which got Stop out ,Long failed to do any target on upside , so bad week for chopad followers.Lets see how we trade Bank nifty in coming week as we approach time cycle date of 13 Nov. Bank Nifty Harmonic Pattern … Read More »
Last Week we gave Chopad level of 10570 Nifty gave a short trade and did 1 target on downside Lets see how we trade Nifty in coming week as we approach time cycle date of 13 Nov. Nifty Harmonic Heading in PRZ zone of 10630-10645 unable to break can see fall back to 10301 Nifty… Read More »
FII’s bought 7.1 K contract of Index Future worth 647 cores ,10.7 Long contract were added by FII’s and 1.9 K Short contracts were added by FII’s. Net Open Interest increased by 12.6 K contract, so fall in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to Short Ratio… Read More »
As Discussed in Last Analysis High made was 25860 so we did our target of 25850 but failed to close above 25800 or below 25500. As we have holiday tomorrow so stick to same plan Bullish above 25800 for a move towards 25920/26059. Bearish below 25500 for a move back to 25250/25100. Bank Nifty has been… 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 »