Pattern, Price and Time: Using Gann Theory in Technical Analysis
By -OSHO A young martial artist kneeling before the Master Sensei in a ceremony to receive a hard-earned black belt. After years of relentless training, the student has finally reached a pinnacle of achievement in the discipline. “Before granting the belt, you must pass one more test,” says the Sensei. “I am ready,” responds the … Read more
Ashok Leyland Positional Traders can use the below mentioned levels Close below 76 Target 70 Intraday Traders can use the below mentioned levels Buy above 76 Tgt 77, 78.3 and 79 SL 75.7 Sell below 75.5 Tgt 74.8,74 and 73 SL 76.2 Bank India Positional Traders can use the below mentioned levels … Read more
FII’s bought 13.8 K contract of Index Future worth 875 cores ,154 K Long contract were liquidated by FII’s and 56.8 K short contracts were liquidated by FII’s. Net Open Interest decreased by 211 K contract, so fall in market was used by FII’s to exit long and exit shorts in Index futures. Forecasting and Trading … Read more
As discussed in Last analysis Bulls need a close above 19732 for a move till 19904 and 20000.Bears will be active below 19451 for a move towards 19300/19100. Bank Nifty opened at 19763 made high of 19793 but got quickly sold off in first 15 mins of trading and as soon as 19451 which got … Read more
Salute the Indian Army, for protecting our national security with a strong reply to the terrorists. Market do not like uncertainty and same has been caused by this event, As Humans we are always interested in knowing the market turning points, but when its come to trading. Remember the golden rule “trading is not about … Read more
Dish TV Intraday Traders can use the below mentioned levels Buy above 97 Tgt 97.6, 98.7 and 99.8 SL 96.5 Sell below 95.7 Tgt 95,94 and 93 SL 96.3 DHFL Intraday Traders can use the below mentioned levels Buy above 300 Tgt 301.2, 303.5 and 306 SL 299 Sell below 298 Tgt 296,294 and … Read more
FII’s bought 2.7 K contract of Index Future worth 134 cores ,7.9 K Long contract were added by FII’s and 5.2 K short contracts were added by FII’s. Net Open Interest increased by 13.2 K contract, so ris ein market was used by FII’s to enter long and enter shorts in Index futures. 3 Mantra of … Read more
As discussed in Last analysis Now bulls should hold the 19450-19500 range near gann angle line for upmove back towards 19800/20200. Close below 19500 can quickly push bank nifty towards 19360/19100. Bank Nifty continue to hold 19500 and gann trendline as shown in below chart,Bulls needs to hold 19451-19500 range for target of 19732. Any … Read more
In Continuation with Previous Post In last Post we discussed about Trading Method today we will discuss about the remaing 2 mantra Money management That is simply how much you trade with, stop loss points and how much you are risking in each trade. Traders Mind Set This for me is the most important thing … Read more
CESC Intraday Traders can use the below mentioned levels Buy above 621 Tgt 626, 631 and 636 SL 618 Sell below 613 Tgt 608,604 and 599 SL 616 Sintex Intraday Traders can use the below mentioned levels Buy above 81.3 Tgt 82.3, 83 and 83.8 SL 80.5 Sell below 79.5 Tgt 78.3,77.4 and 76.5 … Read more