Pattern, Price and Time: Using Gann Theory in Technical Analysis
SKS Micro Positional/Swing Traders can use the below mentioned levels Holding 466 Tgt 521 Intraday Traders can use the below mentioned levels Buy above 475 Tgt 482,489 and 496 SL 470 Sell below 466 Tgt 461,455 and 446 SL 470 ICICI Bank Positional/Swing Traders can use the below mentioned levels Holding 177 Target 197/210 … Read more
Last Week we gave Chopad Level 14400 Bank Nifty Long initiated above chopad levels on Monday got stopped out but Longs Triggered as Bank Nifty closed below the chopad levels did all 3 target by Wednesday .Lets analyze how to trade Bank Nifty in coming Week as we have Union Budget on Monday. 2 Articles … Read more
Last Week we gave Chopad Levels of 7246 , Nifty gave short entry on Monday and did all 3 targets on downside by Wednesday thus rewarding discipline chopad followers by 200 points. Lets analyses how to trade nifty next week as we have Union Budget on Monday. 2 Articles which traders should read before trading … Read more
Indian Union Budget will be presented on 29 Feb 2016 , and as discussed in previous post Nifty remains in a wide range so there is an opportunity to trade in Nifty Options And the opportunity could turn out to be quite promising. Which will be market direction post budget we do not know so … Read more
FII’s bought 15.4 K contract of Index Future worth 734 cores ,8.4 K Long contract were added by FII’s and 7 K short contracts were liquidated by FII’s. Net Open Interest increased by 1.3 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. Impact of the … Read more
As discussed in last analysis Now we have Gann support in range of 13600-13500 range where we can see some bounce back. Bank Nifty made low of 13519 near 13500, near the gann arc and today we saw the bounce back but got resisted at the grey trend line. Now as we have budget on … Read more
Budget day has been seen as one the The most important trading days in the history of the stock markets.Budget day trading is a Speculator’s delight. Huge swings can be seen in stocks based on how the market perceives what the finance minister just spoke. The reactions are instantaneous when one perceives the huge benefit … Read more
Jet Airways Positional/Swing Traders can use the below mentioned levels Close above 521 Tgt 555/576 Intraday Traders can use the below mentioned levels Buy above 512 Tgt 521,530 and 539 SL 505 Sell below 500 Tgt 495,485 and 470 SL 505 ICICI Bank Positional/Swing Traders can use the below mentioned levels Close … Read more
As discussed in last analysis Nifty closed below 7058 suggesting we can see down move till 6934/6900 range where we have the next gann arc as shown below , Nifty made low of 6961 and closed near 6970, near the gann confluence of trend line and just above the green arc. Holding the same we … Read more
As discussed in last analysis Now we have Gann support in range of 13600-13500 range where we can see some bounce back. Bank Nifty made low of 13519 near 13500, We have 3 months of Selling in Bank Nifty it has happened 5 times in past as shown in below monthly chart. Every time Bank … Read more