Pattern, Price and Time: Using Gann Theory in Technical Analysis
As Discussed in Last Analysis As we have expiry tomorrow and important astrological date big move can be expected in next 2 trading days. Bears need to break 10610 for the next round of down move towards 10555/10512/10444. Bullish above 10730 which is above gann angel. We saw the effect of astro date today as … Read more Nifty Analysis for June Series
As Discussed in Last Analysis Bank Nifty opened gap down took support near 26000 and bounced back, Now bulls need to see a close above 26352 for a move back to 26496/26640/26777. Any break of 26208 can see fast decline towards 26064/25920/25776/25600. Low made today was 26354 so again bank nifty respected our level of 26352 … Read more Bank Nifty hold 26352 and bounced 500 point,EOD Analysis
Every traders wants to trade Big with a well funded trading capital of at least 20 lakh but very few are able to achieve this feat. Its often said Making the First Million is the most difficult thing once achieved money will flow in your coffers. Trading small account is very difficult when compared to … Read more How to convert a small trading account to Big one
Ashok Leyland Intraday Traders can use the below mentioned levels Buy above 150 Tgt 151.1,152.2 and 153.3 SL 149 Sell below 148.5 Tgt 147.5,146 and 145 SL 149.5 Yes Bank Intraday Traders can use the below mentioned levels Buy above 344 Tgt 347,350 and 353 SL 341 Sell below 340 Tgt 337,333 and … Read more Intraday Trading Stocks: Ashok Leyland Arvind Yes Bank
FII’s sold 9.8 K contract of Index Future worth 832 cores ,7.3 K Long contract were added by FII’s and 17.1 K Short contracts were added by FII’s. Net Open Interest increased by 24.4 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 Nifty May Expiry Analysis
As Discussed in Last Analysis As soon was 26500 broken we saw the decline towards 26250 so we again reacted from gann angle resistance zone. Any break of 26208 can see fast decline towards 26064/25920/25776/25600. Bullish above 26352 for a move back to 26496/26640/26777. Bank Nifty opened gap down took support near 26000 and bounced … Read more Bank Nifty May Expiry Analysis
Reliance Capital Positional Traders can use the below mentioned levels Close below 405 Target 393/385 Intraday Traders can use the below mentioned levels Buy above 416 Tgt 420,425 and 431 SL 412 Sell below 411 Tgt 406,401 and 396 SL 415 Bharti Infratel Positional Traders can use the below mentioned levels Close below … Read more Harmonic Pattern Analysis: Rel Cap Infratel M&M Finance
FII’s sold 5.8 K contract of Index Future worth 336 cores ,8.8 K Long contract were added by FII’s and 14.6 K Short contracts were added by FII’s. Net Open Interest increased by 23.5 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 Nifty React from gann angle resistance,EOD Analysis
As Discussed in Last Analysis Bulls should now hold 26550-26569 range for the upmove to continue towards 26896-26928 where we have an important supply zone and also gann angle resistance. Bearish below 26500 only. High made today was 26570 exactly near our support zone of 26569 this is how gann helps in finding pin point … Read more Bank Nifty react from gann angle resistance,EOD Analysis
Syndicate Bank Positional Traders can use the below mentioned levels Close above 51 Target 53/55 Intraday Traders can use the below mentioned levels Buy above 51 Tgt 51.5,52.6 and 53.5 SL 50.5 Sell below 50 Tgt 49.5,48.5 and 48 SL 50.5 DLF Positional Traders can use the below mentioned levels Close above … Read more Darvas Box Analysis: Syndicate Bank Havells DLF