Pattern, Price and Time: Using Gann Theory in Technical Analysis
As discussed in Last Analysis As per time analysis 27 Oct is another important trend change date for Bank nifty. As Bulls were unable to close above 25050,we had gap down opening and once below 24928 bears did the first target of 24840 near the gann angle support. Till we are below 24928 bears have upper … Read more Will Bank Nifty give Monthly Close above 25050,EOD Analysis
As discussed in Last Analysis We are up 800 points in 2 trading days showing the effect of time cycle and our scared number of 24476 as soon as it was broken big rally came and did all the targets on upside. Now till bulls are holding 24476 they will move towards 24912/25050/25200. Bearish below … Read more Bank Nifty continue its uptrend with pause,EOD Analysis
As discussed in Last Analysis Bank Nifty bulls were able to break the range on upside above 24270 but failed to close above it thus whipsawing traders. 10-11 Oct are important trend change dates so hopefully we can finally get a breakout/breakdown from this range. Bullish above 24270 for a move till 24358/24510/24700. Bearish below 23960 … Read more Bank Nifty Bulls break 24270,EOD Analysis
Last Week we gave Chopad Level 24912 Bank Nifty opened above the chopad level, Hence chopad followers were unable to take trade till Wednesday. On Thursday Short Triggered and did 3 target on downside by Friday as crucial trend change date of 23 Sep showed its effect, So overall good week for chopad followers. Lets … Read more Bank Nifty Weekly Forecast for Sep Expiry
Last Week we gave Chopad Level 24480 Bank Nifty gave Short Entry on Monday, got 1 target on downside,Bank Nifty was not able to cross chopad levels for the whole week.Lets see How to trade Nifty in coming week as new time cycle starts from 11 Sep. Bank Nifty Harmonic Pattern Gartley Pattern … Read more Bank Nifty Weekly Analysis,Ready for Big Move
As discussed in Last Analysis Bullish above 24510 for a move towards 24750/25000.IN between 24200-24510 ping pong continues. Next 2 days are very crucial as per time cycle, Hopefully we can see breakout/breakdown soon.High made was 24419 and low made was 24273 so again bank nifty traded in the range of 24200-24500 so the ping … Read more Bank Nifty Technical Setup with New Time Cycle Starting
As discussed in Last Analysis Bullish above 24510 for a move towards 24750/25000.IN between 24200-24510 ping pong continues. Next 2 days are very crucial as per time cycle, Hopefully we can see breakout/breakdown soon.High made was 24413 and low made was 24246 so again bank nifty traded in the range of 24200-24500 so the ping … Read more Bank Nifty Continue the ping pong move,EOD Analysis