Nifty Technical Analysis before Budget 2017

FII’s sold 4.3 K contract of Index Future worth 320 cores ,6.6 K Long contract were liquidated by FII’s and 492 short contracts were added by FII’s. Net Open Interest decreased  by 8.9 K contract, so fall in market was used by FII’s to exit long and enter  long in  Index futures. Common Excuses Made By … Read more Nifty Technical Analysis before Budget 2017

Bank Nifty Technical Analysis before Budget 2017

As discussed in Last Analysis Bulls need close above 19800 for move towards 20200/20500. Bears below 19360 for move towards 19140/18920. High made was 19624 and low was 19435 so bank nifty continued to trade in range also made low near the green arc as shown in below chart. As we have budget today expect … Read more Bank Nifty Technical Analysis before Budget 2017

Arvind Axis Bank Hexaware Supply Demand Analysis

Arvind Positional Traders can use the below mentioned levels Close above 385 Target 398/411 Intraday Traders can use the below mentioned levels Buy above 381 Tgt 384, 387 and 390 SL 379 Sell below 376 Tgt 372,369 and 364 SL 378   Hexaware Positional Traders can use the below mentioned levels Close above 202 Target … Read more Arvind Axis Bank Hexaware Supply Demand Analysis

Bank Nifty consolidate in range before Budget,EOD Analysis

As discussed in Last Analysis   Bank Nifty continued its rally and closed above 19700, Holding 19700 bank nifty can bounce till 20000/20400. Bearish only on closed below 19360 for a move till 19140/18920. Bank Nifty gave whipsaw as it closed above 19700 but failed to give the follow upmove. Downside made low of 19561 and … Read more Bank Nifty consolidate in range before Budget,EOD Analysis

Common Excuses Made By Losing Traders

For many people, the road less traveled is less traveled for a reason.  The road is long and often lonely.  The stretches can seem to last forever, with no end in sight.  It is a road to accountability, a road lined with mirrors all around, forcing us to look at ourselves in the eyes.  Let’s … Read more Common Excuses Made By Losing Traders

CESC IDEA Tata E Swing Trading Levels

CESC Positional Traders can use the below mentioned levels Close below 732 Target 699 Intraday Traders can use the below mentioned levels Buy above 740 Tgt 746, 758 and 765 SL 736 Sell below 732 Tgt 728,721 and 710 SL 736   IDEA   Positional Traders can use the below mentioned levels Close below 77 … Read more CESC IDEA Tata E Swing Trading Levels

Bank Nifty Weekly Forecast for Budget 2017

Last Week we gave Chopad Level 18740 Bank Nifty gave Long Entry on Monday as low made was 18722  and did all target by Wednesday thus rewarding disciplined Chopad followers.  Lets Analyze How to trade Nifty in coming week as we have Union Budget on 01 Feb. Below links will help you in planning traders … Read more Bank Nifty Weekly Forecast for Budget 2017

Nifty Weekly Forecast for Budget 2017

Last Week we gave Chopad Levels  of 8335, Nifty gave Long Entry on Monday as low made was 8327 and did all target by Wednesday thus rewarding disciplined Chopad followers. Nifty Time cycle which started on 10 Jan till 25 Jan gave 351 points move. Now we have new time cycle which started from 27 … Read more Nifty Weekly Forecast for Budget 2017