Monthly Archives: May 2017

Bank Nifty continue to move higher holding gann angle

By | May 31, 2017 11:48 pm

As discussed in Last Analysis  Bank Nifty continue to hold on to its gann angle level as shown in below chart and bounced and made the high of 23337 and closed above 23000. So Bulls bounced from gann angle and also closed above 23300 suggesting we can see a rally towards 23500-23600. Bearish below 22900… Read More »

Bank Nifty Daily Analysis as we approach Monthly closing

By | May 30, 2017 6:48 pm

As discussed in Last Analysis    Bank Nifty failed to close above 23300, but managed to hold the gann angle where it did breakout, holding the same attempt will be made to move towards 23300/23600. Bearish below 22900 for a move towards 22740/22500. Bank Nifty continue to hold on to its gann angle level as shown… Read More »

Small Cap Stock Breakout: Pritika Auto

By | May 30, 2017 9:01 am

Pritika Auto BSE Listed 539359 is an Auto Ancillary based company having 5 plants in Punjab and Himachal Pradesh.  Stock will be declaring its results today. Stock has been rallying from past 3 trading session and trading above its breakout level. Price running ahead of results is good omen of good things to come. As… Read More »

Nifty continue to make new life high, EOD Analysis

By | May 30, 2017 12:03 am

FII’s bought 17.6 K contract of Index Future worth 1208 cores ,21.4 K Long contract were added by FII’s and 3.8 K Short contracts were added by FII’s. Net Open Interest increased  by 25.2 K contract, so rise in market was used by FII’s to enter long and enter short in  Index futures. FII’s Long to… Read More »

Bank Nifty Analysis for 30 May

By | May 29, 2017 11:50 pm

As discussed in Last Analysis   Bank Nifty closed above 23300 suggesting bulls are having upper hand and can push bank nifty all the way till 23600/23800/24000. Bearish below 22900 only. Bank Nifty failed to close above 23300, but managed to hold the gann angle where it did breakout, holding the same attempt will be made… Read More »

How I Deal with Trading Losses

By | May 29, 2017 4:41 pm

One of the fundamental principals of trading stocks, or anything for that matter, is; you never play with money you cannot afford to lose. You should not be trading money needed daily expenses. The reason for this is, no matter how sound a system or piece of advice may sound, trades often go against you. Trading money you can… Read More »

Arvind Divis Lab India Cement Swing Analysis

By | May 29, 2017 8:43 am

Arvind Positional Traders can use the below mentioned levels Close above 381 Target 391/401 Intraday Traders can use the below mentioned levels Buy above 381 Tgt 384, 388 and 392 SL 379 Sell below 377 Tgt 373,368 and 362 SL 379 Divis Lab Positional Traders can use the below mentioned levels Close above 555 Target… Read More »