Introduction Developed by John Bollinger, Bollinger Bands are volatility bands placed above and below a moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands automatically widen when volatility increases and narrow when volatility decreases. Bollinger Bands are similar to moving average envelopes. The difference between Bollinger… Read More »
FII’s bought 5.2 K contract of Index Future worth 385 cores ,4.8 K Long contract were added by FII’s and 0.4 K short contracts were liquidated by FII’s. Net Open Interest increased by 4.3 K contract, so fall in market was used by FII’s to enter long and exit shorts in Index futures. With self-confidence &… Read More »
As discussed in Last analysis Bank Nifty opened above 19928 made a high of 20264 but closed below 20155, today high is very important and unable to close above it tomorrow can see correction back till 19800-19700 zone. Bullish only on close above 20155 for target of 20500. As seen in below gann chart, Bank… Read More »
I had an opportunity to interact with the readers of a famous Magazine. It was a two-day program. At the end of the program, a young man asked me: ‘Swamiji! I am a postgraduate. It is more than ten years since I completed my studies. So far, I have not received even a single interview… Read More »
Reliance Positional Traders can use the below mentioned levels Close below 1076 Tgt 1042/1021 Intraday Traders can use the below mentioned levels Buy above 1096 Tgt 1102, 1111 and 1121 SL 1092 Sell below 1085 Tgt 1080,1072 and 1064 SL 1090 TVS Motor Positional Traders can use the below mentioned levels Unable to cross… Read More »
FII’s sold 3.5 K contract of Index Future worth 299 cores ,2.6 K Long contract were liquidated by FII’s and 0.8 K short contracts were added by FII’s. Net Open Interest increased by 1.8 K contract, so rise in market was used by FII’s to exit long and enter shorts in Index futures. The Ten Tasks… Read More »
As discussed in Last analysis Bulls need a close above 19928 to be back in the game for target of 20155, Any close above 20155 will take us towards 20576/20600 levels. Bears below 19700 can push bank nifty towards 19451. Bulls need a close above 19928 for a move towards 20155/20380. Bears will get active… Read More »
Source The above chart is taken from The Ten Tasks of Top Trading Click on the Link to read in details I am summarizing my Understanding which should be used by traders to be successful. Daily self analysis: My Guru used to tell me, Real Trading start after market closes, During market hours you… Read More »
Pidilite Positional Traders can use the below mentioned levels Close above 724 Tgt 754 Intraday Traders can use the below mentioned levels Buy above 714 Tgt 720, 725 and 731 SL 710 Sell below 707 Tgt 702,697 and 690 SL 711 Lupin Positional Traders can use the below mentioned levels Close above 1563… Read More »
FII’s bought 6.3 K contract of Index Future worth 444 cores ,5.6 K Long contract were added by FII’s and 0.71 K short contracts were liquidated by FII’s. Net Open Interest increased by 4.8 K contract, so rise in market was used by FII’s to enter long and exit shorts in Index futures. Characteristics Of Loss… Read More »