Harmonic Pattern Trades: Apollo Hospital Torrent P Cummins I

Apollo Hospital Positional Traders can use the below mentioned levels Close above 989 Target 1021/1042 Intraday Traders can use the below mentioned levels Buy above 989 Tgt 996,1003 and 1010 SL 985 Sell below 981 Tgt 975,959 and 952 SL 985 Cummins India Positional Traders can use the below mentioned levels Close above 849  Target … Read more

Bank Nifty forms DOJI after RBI Event, EOD Analysis

 As discussed in Last analysis  Range of 19650-19732 is very crucial range unable to cross them we can see another downmove towards 19451 and 19300, Close above 19732 can see fast move till 19811 and above that 20000. High made today was 19747 and bank nifty turned back so bank nifty reacted for the zone of … Read more

Bank Nifty close above 17955 but below 18100,EOD Analysis

As discussing in past analysis Bullish only on close above 18100 looking at current price action, Bearish below 17400 in between will be range bound move. Bank Nifty made high of 18079 but unable to close above 18100. We has 4 small days near gann horizontal line suggesting big move in round the corner. Also as … Read more

Bank Nifty shows range expansion,EOD Analysis

As we have been discussing in past few session big move is round the corner as prices are contracting in the triangle.Bank Nifty obliged by giving big move as soon it started trading above 17170 and showed range expansion on upside,closed above gann trendline and now heading towards the crucial supply zoen of 17466 where … Read more

Nifty takes support near gann arc,FII FnO Data Analysis

FII’s sold 21.9 K contract of Index Future worth 1249 cores ,10.3 K Long contract were liquidated by FII’s and 11.9 K  short contracts  were added by FII’s. Net Open Interest increased  by 1.6 K contract, so today’s fall  in market was used by FII’s to exit long and add shorts in  Index futures  Do you … Read more