Monthly Archives: September 2016

Nifty held on to gann trendline, Will it Bounce, EOD Analysis

By | September 27, 2016 10:48 pm

FII’s sold 6.1 K contract of Index Future worth 356 cores ,9 K Long contract were added by FII’s and 15.2 K short contracts were added by FII’s. Net Open Interest increased  by 24.2 K contract, so fall in market was used by FII’s to enter long and enter shorts  in  Index futures. 3 Mantra of… Read More »

Bank Nifty holds 19500 and gann trendline,EOD Analysis

By | September 27, 2016 10:02 pm

 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 »

BHEL ITC Crompton Price Channel Analysis

By | September 27, 2016 9:13 am

BHEL   Intraday Traders can use the below mentioned levels Buy above 144 Tgt 145.6, 147 and 148.5 SL 143 Sell below 142 Tgt 141.2,140 and 137 SL 143   Crompton G   Intraday Traders can use the below mentioned levels Buy above 80.5 Tgt 81.3, 82.5 and 83.7 SL 80 Sell below 78.8 Tgt… Read More »

Nifty complete ABCD pattern target,EOD Analysis

By | September 26, 2016 10:16 pm

FII’s sold 18.6 K contract of Index Future worth 1120 cores ,22.5 K Long contract were liquidated by FII’s and 3.9 K short contracts were liquidated by FII’s. Net Open Interest decreased  by 26.4 K contract, so fall in market was used by FII’s to exit  long and exit  shorts  in  Index futures. With self-confidence &… Read More »

Bank Nifty corrects 600 points from gann line of resistance,EOD Analysis

By | September 26, 2016 8:21 pm

 As discussed in Last analysis   As seen in below gann chart, Bank Nifty opened at the gann resistance line also opened below 20155 suggesting correction on cards as we discussed, low made 19861 and by Monday we should get our target of 19800/19700. Bank Nifty is trading in a range 20250-19700 doing time correction before… Read More »

Bank Nifty Weekly Outlook and Trend for September Expiry

By | September 25, 2016 2:45 pm

Last Week we gave Chopad Level 19800  Bank Nifty Longs got triggered on Tuesday did the 1  target on upside ,  Lets analyze how to trade bank nifty in coming  week. Bank Nifty Hourly On Hourly chart bulls need to held 19750-19700 zone,holding the same bulls can 20000/20250. Bears below 19650 can see sharp pullback… Read More »

Nifty Weekly Outlook and Trend for September Expiry

By | September 25, 2016 9:52 am

Last Week we gave Chopad Levels  of 8777, Nifty gave Long Entry on Monday which got stopped out on Tuesday as close was below chopad level, Short take again on Tuesday were again stopped out on Wednesday as close was above chopad level, But Long Taken on Wednesday rewarded the discipline chopad followers as next… Read More »