Pattern, Price and Time: Using Gann Theory in Technical Analysis
As Discussed in Last Analysis High made was 22470 so bulls unable to break 22525 and bears once below 22250 did 22800 on downside and we have closed below the Mars Retrograde low of 22080 suggesting bears have upper hand and can push bank nifty towards 21800/21500/21300. Bulls will get active above above 22225 for … Read more Gann Time Cycle Effect: Bank Nifty Crash 800 points
As discussed in last analysis Bank Nifty Bulls got whipsawed and bears once below 22200 did 22080,Now Bears need to break 22080 Mars Retrograde low for move towards 21850/21576/21350. Bulls will get active above 22400 for a move back to 22553/22750/23000.Bank Nifty has formed Double Bottom at Mars Retrograde low of 22080, Now bulls need … Read more Bank Nifty Analysis for 16 Sep
As discussed in last analysis Bank Nifty broken the gann angle and closed below it for 2 day in a row, Bears need to break below 22200 for a move back to 22046/21850.Bulls will get active above 22555 for a move back to 22700/22900. Low made 22205 so bears unable to break 22000 and bulls almost … Read more Bank Nifty Analysis as Neptune at Opposition
As discussed in last analysis All Bearish target done on downside,As Mars is going to retrograde today so good move will be seen in bank nifty. Bulls need to move above 22520 for a move back to 22774/22995. Bears will active below 22200 for a move back to 22046/21850. Bank Nifty broken the gann angle and … Read more Bank Nifty Forms DOJI near Gann Angle
As discussed in last analysis We are near gann angle support as shown in below chart bulls need to move above 23150 for a move back to 23310/23500. Bears below 22900 can move towards 22720/22555/22350. Bulls failed to move above 23150, and bears once below 22900 did 1 target on downside and now waiting for … Read more Will Bank Nifty Bulls able to Hold Gann Angle Support ?
As discussed in last analysis 22900 done and now we are heading towards 22610/22419/22100 till we are below 23200 levels. Bulls will get active above 23333 for a move back to 23500/23666/23829. Low made was 22716 so bears failed to do lower targets. We are near gann angle support as shown in below chart bulls … Read more Bank Nifty Analysis for 08 Sep
As discussed in last analysis Bulls got whipsawed and bears did 23596 on downside and now waitng for 23317/23150/22900/22700. Bulls will get active above 23751 for a move back to 23904/24278/24500. Bank Nifty made top at Gann Angle as shown in below chart and we have corrected around 1500 points in 5 trading sessions. 22900 done … Read more Bank Nifty Analysis for 07 Sep
As discussed in last analysis Mercury is going out combust tommrow suggesting another good move coming. Bulls need to move above 23850 for a move back to 24000/24200/24500. Bears will get active below 23600 for a move back to 23480/23385/23100. We are near a perfect set up for explosive move as we have astro date today … Read more Bank Nifty Weekly Expiry Analysis
As discussed in last analysis Now Bulls need to hold range of 23367-23380 range for upmove to continue towards 23547/23680/23800.Bears will get active below 23250 for a move back to 23040/22850. All Bullish target done, Now as Reliance and Future deal id done it will be big positve for PSU Bank as they will get … Read more Bank Nifty Analysis for 31 Aug
As discussed in last analysis Now bulls need to move above 22953 for a move back to 23104/23257/23409.Bears will get active below 23710 for a move back to 22500/22351.Low made was 22857 so bulls once above 22953 did 23104, Now Bulls need to hold 23043-23020 range for upmove to continue towards 23350/23551. Bears will get … Read more Bank Nifty Analysis for 26 Aug