Bank Nifty does 300 point target,EOD Analysis

As discussed in past analysis  Bank Nifty is still trading between the gann arcs, suggesting we should get breakout soon either on close above 18710 or below 18550 for 250-300 points move. Bulls will become active above 18720 and we can see fast move towards 18968. Bears now will become active below 18550 for a move … Read more Bank Nifty does 300 point target,EOD Analysis

Nifty forms Weekly Doji, Weekly Forecast

Last Week we gave Chopad Levels  of 8577, Nifty gave Short entry on Monday made low of 8494 near our target of 8500, again gave opportunity on Thursday as High made was 8585 and again did the 1 target of 8500 on Friday. Last Week Chopad Level of 8577 was major hurdle for bulls. Lets … Read more Nifty forms Weekly Doji, Weekly Forecast

Nifty again bounces from 8490 again, EOD Analysis

FII’s bought 8.4 K contract of Index Future worth 558 cores ,8.9 K  Long contract were added by FII’s and 0.5 K short contracts were added by FII’s. Net Open Interest increased  by 9.5 K contract, so rise in market was used by FII’s to enter long and enter shorts  in  Index futures. Trading Lesson Learnt … Read more Nifty again bounces from 8490 again, EOD Analysis

Bank Nifty does gann target of 18550,EOD Analysis

As discussed in past analysis  Bank Nifty reacted from gann arc furiously , closed at 18674 below 18700 suggesting bears have become active. Now we can see fast move towards 18550 if we do not close above 18700 tomorrow for 1 hour. Bullish on close above 18780 for target of 18900/19103. Bank Nifty made low of 18551 … Read more Bank Nifty does gann target of 18550,EOD Analysis

Trading Lesson Learnt From my Trading Guru Part-II

Continuing with my previous week article Trading Lesson Learnt From my Trading Guru I hope many traders who are trading or willing to start trading will be facing with the same dilemma and confusion so today am sharing few fundas i got from my trading guru. Use them and see the change in your trading. … Read more Trading Lesson Learnt From my Trading Guru Part-II