Bank Nifty entering in Supply zone, EOD Analysis

 As discussed in Last analysis  Bulls need a close above 19451 for target of 19732/19811. Only on close above 19811 Bank nifty can move towards 20000/20212/20571. Any close below 19000 will see fast move towards 18800/18500. This can be the overview for the October series. Bulls broke 19451, did 19611 and now waiting for 19732. … Read more

CESC Dabur United Spirits Gann Analysis

CESC Positional Traders can use the below mentioned levels Close above 615 Target 624/633/650 Intraday Traders can use the below mentioned levels Buy above 617 Tgt 622, 628 and 633 SL 614 Sell below 607 Tgt 602,598 and 593 SL 610 United Sprits Positional Traders can use the below mentioned levels Close above 2480 Target … Read more

Bank Nifty Weekly Forecast before Oct RBI Policy

Last Week we gave Chopad Level 19975  Bank Nifty opened gap down and did not gave entry as per chopad levels ,  Lets analyze how to trade bank nifty in coming  week. Bank Nifty Hourly As discussed in last analysis Bears below 19650 can see sharp pullback of 300-400 points. Bank Nifty broke 19650 saw … Read more

Nifty Weekly Forecast before Oct RBI Policy

Last Week we gave Chopad Levels  of 8851, Nifty opened with gap down and traders were not able to initiate trade as per Chopad levels, Aggressive traders who shorted below chopad levels should have been rewarded. We have mentioned  last week we are entering a crucial week as per gann analysis as the effect was … Read more

Trading using Bollinger Band

In Continuation with Previous Article Introduction to Bollinger Bands Bollinger Band Trading Strategies Bollinger Bands to identify tops and bottoms Trend Following Bollinger Bands to identify tops and bottoms   Bollinger Band can be sued to identify potential tops and bottom in the stock/ETF. Following 3 points should be kept in mind to identify potential … Read more

Nifty forms double bottom, Will it hold after RBI Policy

May this Navratri be as bright as ever May this navratri bring joy Health and wealth to you .Happy Navratri Jai Mata Di !!   FII’s sold 21.8 K contract of Index Future worth 1379 cores ,21.6 K Long contract were liquidated by FII’s and 0.2 K short contracts were added by FII’s. Net Open Interest decreased  … Read more