Monthly Archives: January 2017

Arvind Axis Bank Hexaware Supply Demand Analysis

By | January 31, 2017

Arvind Positional Traders can use the below mentioned levels Close above 385 Target 398/411 Intraday Traders can use the below mentioned levels Buy above 381 Tgt 384, 387 and 390 SL 379 Sell below 376 Tgt 372,369 and 364 SL 378   Hexaware Positional Traders can use the below mentioned levels Close above 202 Target… Read More »

Nifty Forms Inside day,EOD Analysis

By | January 30, 2017

FII’s sold 4.9 K contract of Index Future worth 368 cores ,2.3 K Long contract were added by FII’s and 7.2 K short contracts were added by FII’s. Net Open Interest increased  by 9.6 K contract, so rise in market was used by FII’s to enter long and enter  shorts  in  Index futures. Common Excuses Made… Read More »

Bank Nifty consolidate in range before Budget,EOD Analysis

By | January 30, 2017

As discussed in Last Analysis   Bank Nifty continued its rally and closed above 19700, Holding 19700 bank nifty can bounce till 20000/20400. Bearish only on closed below 19360 for a move till 19140/18920. Bank Nifty gave whipsaw as it closed above 19700 but failed to give the follow upmove. Downside made low of 19561 and… Read More »

Nifty Weekly Forecast for Budget 2017

By | January 29, 2017

Last Week we gave Chopad Levels  of 8335, Nifty gave Long Entry on Monday as low made was 8327 and did all target by Wednesday thus rewarding disciplined Chopad followers. Nifty Time cycle which started on 10 Jan till 25 Jan gave 351 points move. Now we have new time cycle which started from 27… Read More »