Pattern, Price and Time: Using Gann Theory in Technical Analysis
Is it time to be aggressive? Are you sleeping today thinking how much money you’ll make tomorrow? Are you counting your profits before you’ve even sold it? Are you imagining tomorrow’s going to be another strongly trending up day? Believe me… you are not alone. Upward strong momentum following upside strong surprises releases euphoria in … Read more
In Haryana, of the eight Lok Sabha candidates named by the Bharatiya Janata Party (BJP), four joined the BJP less than a year ago. In Uttar Pradesh, former UP Chief Minister (though he was CM just for a day), Jagdambika Pal, is an even newer entrant: He joined the BJP only a couple of weeks ago. … Read more
FIIs bought 10296 contracts of Index Future worth 346 cores (30.8 K Long contracts were added and 20.5 K short contract were added) with net Open Interest increasing by 51.4 K contracts, so FII’s added both longs and shorts in Index Futures. Nifty made a new life high again today 6595,lead by banks.Still unable to … Read more
DLF Buy above 172.2 Tgt 174.3,177 and 181 SL 170 Sell below 169.2 Tgt 167.3,164.5 and 162 SL 171 ICICI Bank Buy above 1249 Tgt 1259,1275 and 1285 SL 1242 Sell below 1240 Tgt 1232,1220 and 1200 SL 1247 HCL Tech Buy above 1425 Tgt 1435,1450 and 1465 SL 1415 Sell below 1408 … Read more
FIIs bought 31921 contracts of Index Future worth 1056 cores (54.5 K Long contracts were added and 22.3 K short contract were added) with net Open Interest increasing by 76.9 contracts, so FII’s added both longs and shorts in Index Futures. Nifty made a new life high again today 6591,lead by banks.Advance decline was negative … Read more
Adani Positional traders should look for close above 330 for short term target of 343. Buy above 328 Tgt 331,335 and 338 SL 326 Sell below 323 Tgt 318,315 and 310 SL 325 Larsen Positional traders should look for close below 1210, below it short term target comes at 1170 and 1131. Buy above … Read more
Nifty Hourly Chart Nifty Hourly charts has closed below its 50 HDMA, which is bearish in short term.Any close above 6510 will bring back bullishness in market. Nifty Daily Chart Nifty after breaking out of 6410 range last week, consolidated its gains in last week. Now range of 6357-6410 becomes an important support of market. … Read more
Bank Nifty Hourly Bank Nifty hourly charts is trading below its 50 HSMA ,Closing above 12120 bounceback can be seen till 12300-12500. Bank Nifty Daily Bank Nifty on daily chart is near its resistance area.Breakout comes above 12300 for target of 12550 and 12700.Unable to do so we can see pullback till 11800 odd levels. … Read more
For just about 2 months the Indian bourses have shrugged off all the things that are worrying the rest of the world. Institutional money is coming in, and today the Government raised about USD 1 Bn through the sale of a 9 per cent stake in Axis Bank. The currency has strengthened somewhat, inflation is … Read more
As a trader you will not be right all of the time. If you can accept your imperfection, and work within it, you will be much more successful: If you have a perfectionist mentality when trading, you are setting yourself up for failure, because it is a “given” that you will experience losses along the … Read more