Monthly Archives: January 2016

Bank Nifty touches gann arc and bounces,EOD Analysis

By | January 21, 2016 12:15 am

 As discussed in last analysis Bank Nifty after correcting 2111 points in 11 trading days finally showed some respite to bulls and bounceback, High made today was 15338 and was unable to close above the weekly supply zone of 15320, Bulls need to close above the Weekly supply zone for more rise. Bank Nifty has… Read More »

Axis Bank,Rel Infra and IB Housing MML Analysis

By | January 20, 2016 9:04 am

Axis Bank Positional/Swing Traders can use the below mentioned levels Close above 398 Tgt 411 Intraday Traders can use the below mentioned levels Buy above 389 Tgt 393,398 and 408 SL 385 Sell below 380 Tgt 376,369 and 361 SL 385   IndiaBulls Housing Positional/Swing Traders can use the below mentioned levels Close above 699… Read More »

Bank Nifty Bounces after 2111 correction,EOD Analysis

By | January 19, 2016 7:57 pm

 Bank Nifty after correcting 2111 points in 11 trading days finally showed some respite to bulls and bounceback, High made today was 15338 and was unable to close above the weekly supply zone of 15320, Bulls need to close above the Weekly supply zone for more rise. Bank Nifty has closed above the gann line… Read More »

HCL Tech,Reliance and Jubilant Food Technical Analysis

By | January 19, 2016 9:23 am

HCL Tech Positional/Swing Traders can use the below mentioned levels Close above 856 Tgt 874/898 Intraday Traders can use the below mentioned levels Buy above 854 Tgt 865,876 and 888 SL 848 Sell below 840 Tgt 832,820 and 809 SL 845 Reliance Positional/Swing Traders can use the below mentioned levels Close above 1015 Tgt 1041/1065… Read More »

Nifty forms ABCD Pattern,EOD Analysis

By | January 19, 2016 8:24 am

FII’s bought 18.7 K contract of Index Future worth 958 cores ,15 K Long contract were added by FII’s and 3.6 K short contracts were liquidated by FII’s. Net Open Interest increased  by 11.4 K contract, so fall in market was used by FII’s to enter long and  exit shorts in  Index futures.Market is going against… Read More »