Nifty forms Weekly DOJI,Weekly Analysis

Last Week we gave Chopad Levels  of 7376 , Nifty gave short entery on Monday which got stopped out on Tuesday, and Traders were able to Intitate long which moved till 1 Tgt of 7457 High made was 7462. Shorts were again triggered on Wednesday Open and Did 2 target on downside @7450, Low made … Read more

Fibonacci Studies and the Stock Market

Introduction Fibonacci numbers were derived from an Italian mathematician Leonardo Pisano. Fibonacci was a mathematician who was born in Italy around the year 1170. It is believed that Mr. Fibonacci discovered the relationship of what are now referred to as Fibonacci numbers while studying the Great Pyramid of Gizeh in Egypt. What are Fibonacci numbers … Read more

Nifty does 1 Target of ABCD pattern,EOD Analysis

FII’s bought 10.9 K contract of Index Future worth 556 cores ,1.2 K Long contract were liquidated by FII’s and 12.2 K short contracts were liquidated by FII’s. Net Open Interest decreased  by 13.5 K contract, so rise in market was used by FII’s to exit  long and  exit shorts in  Index futures. The story of … Read more

The story of a Woodcutter

Once upon a time, a very strong woodcutter asked for a job in a timber merchant and he got it. The pay was really good and so was the work condition. For those reasons, the woodcutter was determined to do his best. His boss gave him an axe and showed him the area where he … Read more

Jubilant,Tata Motors and Yes Bank ABCD Harmonic Analysis

Jubilant Food Positional/Swing Traders can use the below mentioned levels Close above 1175 Tgt 1220/1300 Intraday Traders can use the below mentioned levels Buy above 1164 Tgt 1176 ,1200 and 1220 SL 1156 Sell below 1140 Tgt 1127 ,1106 and 1075 SL 1150   Yes Bank Positional/Swing Traders can use the below mentioned levels Close … Read more