Category Archives: Nifty Technical Analysis

A series of Articles on Trading Psychology, Money Management,Position Sizing and controlling mistakes committed in trading..

Bank Nifty Weekly Forecast

By | February 10, 2019

Last Week we gave Chopad level of 27190  Bank Nifty gave Long on Monday we were able to do 2 target on Upside so average week for Chopad Followers. Lets see how we trade Bank Nifty in coming week as we approach time cycle date of 09 Feb. Bank Nifty Harmonic Pattern Till we are… Read More »

Crude Weekly Forecast

By | February 10, 2019

As Discussed in Last Analysis For coming week 3969-3999 will act as strong  resistance and 3800-3810 as strong support, Any close above 3999 can see fast move towards 4096. Bears will get active below 3777 which is time cycle date low for a move back to 3721/3660/3600. High made was 4009 on Monday which was time… Read More »

Nifty gave Big Move as per Time Cycle Close above 11000

By | February 6, 2019

FII’s bought 32.9 K contract of Index Future worth 2817 cores 34 K Long contract were added by FII’s and 1.1 K Short contracts were added by FII’s. Net Open Interest increased  by 35.1 K contract, so rise  in Nifty was used by FII’s to enter long and enter short in  Index futures.FII’s Long to Short… Read More »

Nifty ready for a Big Move

By | February 5, 2019

FII’s bought 8.3 K contract of Index Future worth 794 cores 10.8 K Long contract were added by FII’s and 2.4 K Short contracts were added by FII’s. Net Open Interest increased  by 13.3 K contract, so rise  in Nifty was used by FII’s to enter long and enter short in  Index futures.FII’s Long to Short… Read More »

Nifty Bounce from Budget Low

By | February 4, 2019

FII’s sold 2.7  K contract of Index Future worth 184 cores 1.8 K Long contract were added by FII’s and 4.5 K Short contracts were added by FII’s. Net Open Interest increased  by 6.3 K contract, so rise  in Nifty was used by FII’s to enter long and enter short in  Index futures.FII’s Long to Short… Read More »