Monthly Archives: January 2015

FII FnO Data Analysis for 06 Jan

By | January 6, 2015 12:21 am

  FII’s sold 27.5 K contract of Index Future worth 605 cores, 26.8 K Long contract were squared off  by FII’s and721  short contracts  were added by FII’s. Net Open Interest decreased  by 26 K contract ,so FII’s squared off majority long in Index futures in. Nifty hourly chart touched the resistance line and gave pullback, touching… Read More »

Arvind,Syndicate Bank and Rel Cap technical analysis

By | January 5, 2015 5:24 am

Arvind Positional traders should look for close above 288 for short term target of 300/321. Intraday Traders use the below mentioned levels Buy above 284 Tgt 287,292 and 295.6 SL 282 Sell below 280 Tgt 278.5,275.5 and 270 SL 282 Syndicate Bank Positional traders should look for close above 136 for target of 139/141 and… Read More »

Bank Nifty Weekly Technical Analysis

By | January 4, 2015 7:39 pm

Bank Nifty Hourly Bank Nifty hourly chart will breakout above 19100 for target of 19800/20000. Bank Nifty Hourly  EW Daily Hourly Elliot wave analysis is shown,19166 will play crucial role next week. Bank Nifty EW Daily This is what we discussed last week Long term Elliot wave is drawn on Bank Nifty which gives target… Read More »

Gann trend following techniques

By | January 3, 2015 2:39 pm

In Continuation with Previous Article W.D. Gann Trading Techniques – I  Trend and trend following techniques: In fast advancing markets, in the last stage of the campaign, reactions get smaller as stocks work to higher level, until the final run has ended. Then comes a sharp reaction and a reversal in the trend. Same happens… Read More »