Monthly Archives: September 2015

Bank Nifty EOD Analysis for 01 October

By | September 30, 2015 9:25 pm

As discussed in last analysis After the initial rise Bank Nifty took resistance at pyrapoint 90 degree line  as shown in 2 chart and closed below the gann trendline. We need close above gann trendline for bullish mode else we can again correct back to 16600/16300 odd levels.  Today also Bank nifty was unable to… Read More »

Secrets of Profitable Traders Part-1

By | September 30, 2015 4:54 pm

Highly profitable traders are not born, they are made. They do not rely on pure luck to make consistent earnings but on their calculated moves when trading in stocks/Forex/commodities. Today lets discuss the Qualities of Top trader. 1. Discipline Without discipline, none of the other qualities matter. It is possible for any trader to invest… Read More »

Airtel,Shriram and Ultra Cement Harmonic Analysis

By | September 30, 2015 6:07 am

Bharti Airtel Positional/Swing Traders can use the below mentioned levels  Close  above 323 Tgt 343 Intraday Traders can use the below mentioned levels Buy above 323 Tgt 326,329 and 333  SL 321 Sell below 320 Tgt 317,313 and 310 SL 322   Shriram Transport Positional/Swing Traders can use the below mentioned levels  Close above 953… Read More »

Secrets of successful Intraday Trading

By | September 29, 2015 4:27 pm

Intraday trading means buying and selling in the same day. It may be either buying first or short selling. Normally intraday traders book profit in small margins. People are making profit by repeated trades or by trading large quantities. One thing to be mentioned here is intraday trading is high risk involved. The Golden rule… Read More »

RBI Cuts Repo Rate by 50 bps– Full Text

By | September 29, 2015 12:05 pm

Monetary and Liquidity Measures On the basis of an assessment of the current and evolving macroeconomic situation, it has been decided to: reduce the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points from 7.25 per cent to 6.75 per cent with immediate effect; keep the cash reserve ratio (CRR) of… Read More »

Tata Motor,ICICI and IDBI supply and Demand Analysis

By | September 29, 2015 8:23 am

Tata Motor Positional/Swing Traders can use the below mentioned levels  Close below 280 target 267, Bullish only above 288 Target 300/322 Intraday Traders can use the below mentioned levels Buy above 285  Tgt 288,290.5 and 295 SL 283 Sell below 277 Tgt 273,271 and 267 SL 280   IDBI   Positional/Swing Traders can use the… Read More »

Bank Nifty corrects from Gann Line, Technical Structure before RBI policy

By | September 29, 2015 12:36 am

As discussed in last analysis Bank Nifty reacted from gann line of resistance and is heading towards the first support of 17000 and ultimate target of green arc as shown in below chart around 16700/16650.Pyrapoint suggest  Break of 17000 on closing basis opens possibility of nifty moving towards 16500/16400 in short term.Bullish on close above… Read More »