Godrej,Adani and Bharat Forge Swing Trading Analysis

Godrej Positional/Swing Traders can use the below mentioned levels Close above 306 Tgt 322 Intraday Traders can use the below mentioned levels Buy above 306 Tgt 307.7,310 and 313 SL 304 Sell below 302 Tgt 299,296 and 293 SL 304   Adani Port Positional/Swing Traders can use the below mentioned levels Close above 212 Tgt … Read more Godrej,Adani and Bharat Forge Swing Trading Analysis

Bank Nifty rally above gann trend line,EOD Analysis

 As discussed in last analysis   Now we need a close above 14272 which is gann trend line for a 500 point run on upside else again we might see a drop to 13400-13500. Bank Nifty moved above 14272 and almost did 200 points on upside, Bank Nifty can now has resistance in zone of 14590-14640 … Read more Bank Nifty rally above gann trend line,EOD Analysis

Why majority of traders lose?

Today we saw the Biggest rally in market after 7 years, Nifty is almost up 411 points from yesterday panic low of 6825.  Traders trading without a trading plan and not having proper discipline are bound to make losses in such market, as they are unable to change the sides quickly end up being a … Read more Why majority of traders lose?

PFC,Arvind and Dish TV Supply and Demand Analysis

PFC Positional/Swing Traders can use the below mentioned levels Holding 157 Tgt 165 Intraday Traders can use the below mentioned levels Buy above 156.5 Tgt 157.9,159 and 161 SL 155 Sell below 154 Tgt 151 ,149 and 147 SL 155   Dish TV   Positional/Swing Traders can use the below mentioned levels Holding 69 Tgt … Read more PFC,Arvind and Dish TV Supply and Demand Analysis

Nifty Bulls waiting to close above 7058,EOD Analysis

FII’s bought 13.3 K contract of Index Future worth 668 cores ,0.8 K Long contract were liquidated by FII’s and 14.1 K short contracts were liquidated by FII’s. Net Open Interest decreased  by 14.9 K contract, so Budget day rally/fall in market was used by FII’s to exit long and  exit shorts in  Index futures. Impact … Read more Nifty Bulls waiting to close above 7058,EOD Analysis

Bank Nifty bounces from gann support on Budget day,EOD Analysis

 As discussed in last analysis   Now as we have budget on Monday Bank Nifty will see wide range 14272 on upside and 13500 on downside needs to be watched, closing above any one of them can see another 500 points move either side.  Bank Nifty made high of 14222 and Low of 13407 in the … Read more Bank Nifty bounces from gann support on Budget day,EOD Analysis