Category Archives: black swan harmonic pattern

Bank Nifty close above 14251,EOD Analysis

By | February 18, 2016

As discussed in last analysis    Also Black Swan Harmonic pattern will again get activated above 14251 for target of 14524/14724. Bank Nifty closed above 14251 so we can see move towards 14524, Weekly close above 14524 will be bullish signal for short term. Close below 14251 will again increase probability of move towards 13890/13810 Ingredient… Read More »

Nifty moves from supply zone to demand zone,EOD Analysis

By | February 16, 2016

FII’s bought 18.8 K contract of Index Future worth 1030 cores ,18.5 K Long contract were added by FII’s and 342 short contracts were covered by FII’s. Net Open Interest increased  by 18.1 K contract, so fall in market was used by FII’s to enter  long and  exit shorts in  Index futures. What Constitutes 80% Of… Read More »

Bank Nifty reacts for supply zone,EOD Analysis

By | February 16, 2016

As discussed in last analysis    Also Weekly Analysis  Black Swan harmonic pattern which got completed at 13810 and we saw the expected rally above 14150.We need to close above 14524 for next move towards 14745/14965. Bank Nifty made high of 14600 and saw immediate selling pressure and closed just above 14150, till we close above… Read More »