Trading Strategies For GOLD in MCX

By | November 28, 2021 4:15 pm

Outlook for the Gold is bullish as rising global inflation, dovish stance of the US Fed on interest rate hike and depreciating Indian National Rupee (INR) against the US Dollar (USD) are already supporting Gold. MCX GOLD Gann Angle Chart MCX Gold saw a good upmove but failed to close above the highs. MCX GOLD… Read More »

MCX Crude Oil Trend – Support and Resistance Levels

By | November 28, 2021 3:00 pm

Oil prices plunged about $10 a barrel or Rs 700 on Friday, their largest one-day drop since April 2020, as a new COVID-19 variant Omicron spooked investors and added to concerns that a supply surplus could swell in the first quarter. Oil fell with global equities markets on fears the variant could dampen economic growth… Read More »

USD INR Weekly Forecast

By | November 28, 2021 1:56 pm

After being stuck in a range of barely 30 paise for almost three weeks, finally, USDINR made a breakout move. Next week, Indian GDP data for the September quarter will be keenly watched. However, a weaker than expected growth number is expected to have a bigger impact, than a strong one, as USDINR has begun to… Read More »

Are You In Control of Your Trading ?

By | November 27, 2021 3:50 pm

The number one problem out there with most of traders is usually one of the following: Being ‘stuck’ with a position A position showing huge and devastating losses A single position that is way too big The underlying problem is always the same. At some point in time things changed and control shifted. You started… Read More »

Jupiter Opposition Moon Crashes Bank Nifty

By | November 27, 2021 11:08 am

As Discussed in Last Analysis Bears got whipsawed and we have formed a Perfect DOJI today and we again faced resistance at gann angle. Tommorow Jupiter Opposition Moon as Jupiter Rules of Bank Nifty so we should see big move in bank nifty. Bulls need to move above 37505 for a move towards 37696/37889/38081. Bears… Read More »

Stock Market Crash : Rahu Causes Havoc in Nifty

By | November 27, 2021 7:57 am

FII sold 37.3 K  contract of Index Future worth 3271 cores, Net OI has decreased by 5.4 K contract 21.4 K Long contract were covered by FII and 15.9 K Shorts were added by FII. Net FII Long Short ratio at 1.44 so FII used FALL to EXIT longs and ENTER shorts. As Discussed in… Read More »

What You Eat As is the grain, so is the mind

By | November 26, 2021 6:45 pm

Once a sage thought that people go to wash their sins in the Ganges, it means that all the sins got absorbed in the Ganges and Ganga also became a sinner. He  did penance to know where the sins go? Deities appeared as a result of doing penance, the sage asked, where does the sin… Read More »

Mercury Opposition North Node : Nifty Analysis

By | November 25, 2021 11:09 pm

FII bought 6.5 K  contract of Index Future worth 597 cores, Net OI has decreased by 41.1 K contract 4.8 K Long contract were added by FII and 45.9 K Shorts were covered by FII. Net FII Long Short ratio at 1.22 so FII used RISE to ENTER longs and EXIT shorts. As Discussed in… Read More »