Monthly Archives: May 2016

Trading Wisdom by George Soros

By | May 31, 2016 4:59 pm

On September 16, 1992 – later dubbed “Black Wednesday” — the day the  British government abandoned the European Exchange Rate Mechanism (ERM), and the pound was devalued by 20% George Soros made over $1.2 billion  on his short sterling trade  and was dubbed  “The Man Who Broke the Bank of England.”  Soros funds management has… Read More »

Chinese Stock Futures Down by 10% Limit

By | May 31, 2016 12:06 pm

By Bloomberg News Chinese stock-index futures plunged by the daily limit before snapping back in less than a minute, the second sudden swing to rattle traders this month. Contracts on the CSI 300 Index dropped as much as 10 percent at 10:42 a.m. local time, recovering almost all of the losses in the same minute.… Read More »

Bank Nifty reacts from Supply zone,EOD Analysis

By | May 30, 2016 9:20 pm

As discussed in last analysis  Next move will only happen on close above 17700 for move towards 18000. Bearish on close below 17000. Range of 17500-17650 is important supply zone. High made today was 17666 at gann arc ,corrected all the way till 17484. Bulls need a close above 17670 for next mvoe till 18000 and… Read More »

Bank Nifty heading towards 18000, Weekly Forecast

By | May 30, 2016 5:04 am

Last Week we gave Chopad Level 16650 Bank Nifty gave Short  entry on Monday High made 16604 and did 1 target on downside  and opened big gap up on Wednesday low made was 16599 just near our chopad levels and just zoomed up 700 points in 3 trading session  Lets analyses how to trade Bank… Read More »