Monthly Archives: January 2016

Bank Nifty Weekly Forecast for 01-05 Feb

By | January 31, 2016 11:16 pm

Last Week we gave Chopad Level 15550 Bank Nifty did 2 target on downside and 1 Target on Upside. Lets analyze how to trade Bank Nifty in coming week. Bank Nifty Hourly Bank Nifty was supporting at 180 degree during the whole past of last week, Opened gap down on Friday below 180 but quickly… Read More »

How to use Stochastics Indicator in Trading

By | January 30, 2016 1:54 pm

Technical analysis is a science of forecasting the price of stock/index/commodities based on price and volumes data. Technical analysis is practiced in two main categories Charts Patterns Technical Indicators Chart Patterns — A chart pattern is a pattern that is formed within a chart when prices are graphed. In stock and commodity markets trading, chart… Read More »

Bank Nifty bounces from Gann Arc,EOD Analysis

By | January 30, 2016 6:07 am

 As discussed in last analysis   We should big move tomorrow, Support below  15400 comes at 15237 and resistance at 15713. Bank Nifty opened with gap down near gann arc as shown below and as soon as moved above 15237 bulls took control and rallied bank nifty till 15550. Now for coming 2 days Bank Nifty… Read More »

LT,TVS Motor and Adani Ports Harmonic Pattern Analysis

By | January 29, 2016 7:55 am

LT     Positional/Swing Traders can use the below mentioned levels Close below 1072  Tgt 1021/987 Intraday Traders can use the below mentioned levels Buy above 1085 Tgt 1095,1116 and 1130 SL 1076 Sell below 1072 Tgt 1062 ,1050 and 1025 SL 1083   TVS Motor Positional/Swing Traders can use the below mentioned levels Close… Read More »

Nifty Feb Series Analysis

By | January 28, 2016 9:58 pm

FII’s sold 29.6 K contract of Index Future worth 1597 cores ,103  K Long contract were Liquidated by FII’s and 57.7  K short contracts were liquidated by FII’s. Net Open Interest decreased  by 161 K contract, so fall in market was used by FII’s to exit  long and  exit shorts in  Index futures. Using Your Intuition… Read More »

Bank Nifty Feb Series Analysis

By | January 28, 2016 8:41 pm

 As discussed in last analysis Bank Nifty Resistance at 15713 crossing the same can see fat move till 15882/16000.  Bearish only on break of 15400. Bank Nifty was unable to close the demand zone of 15713 and took support near the gann horizontal line, so trading in a zone before seeing a breakout/breakdown. We should… Read More »

Using Your Intuition in trading

By | January 28, 2016 4:56 pm

Using Your Intuition Skillful traders know how to use their intuition to make quick, conclusive decisions. There are times when going with your “gut” instinct can be shrewdly accurate. There are also times, though, where your intuition can be dead wrong, and nothing more than wishful thinking. A seasoned, profitable trader knows the difference, and… Read More »