Pattern, Price and Time: Using Gann Theory in Technical Analysis
FII’s bought 1.2 K contract of Index Future worth 135 cores 14.5 K Long contract were added by FII’s and 13.3 K Short contracts were added by FII’s. Net Open Interest increased by 27.8 K contract, so rise in Nifty was used by FII’s to enter long and enter short in Index futures.FII’s Long to … Read more
As Discussed in Last Analysis Bears got active below 30500 and did our 1 target of 30360 Low made was 30265 near gann angle, Now Bulls need to move above 30500 for a move towards 30700/31000/31333. We formed an inside day today be prepared for volatility if you are having small capital try to stay away … Read more
Lok Sabha Election Results will be Declared tomorrow.In Case of NDA Not coming to power we might see market reacting in an irrational Manner on downside or NDA Coming with an overwhelming majority we can see irrational reaction on upside . We have hit 1 20% and 1 10% circuit after Lok Sabha Election were … Read more
An election exit poll is a poll of voters taken immediately after they have exited the polling stations. Unlike an opinion poll, which asks for whom the voter plans to vote, or some similar formulation, an exit poll asks for whom the voter actually voted. Exit polls predict another huge win for our Beloved PM Shri Narendra Modiji, forecast are varying from … Read more
FII’s sold 8.9 K contract of Index Future worth 617 cores , 3.3 K Long contract were liquidated by FII’s and 5.5 K long contracts were added by FII’s. Net Open Interest increased by 2.1 K contract, so rise in market was used by FII’s to exit long and enter short in Index futures. How Kobe … Read more
Last week we gave Chopad Levels of 8806 Nifty did 2 target on downside. We saw a roller coaster ride in last week with Nifty and Bank Nifty swinging wildly and both indices closing in red for 6 days in a row feat which was last achieved in 09-17 Dec 2013. Here is my analysis … Read more
Using the Similarity in Price Action of Year 2009 we are trying to analyze the way forward for Nifty in remaining of 2014 Bulls have been riding the Dalal street from Feb Month and got in momentum after May 16 election results. Analyst on Streets have been talking about 8500/9000 odd levels and every dip … Read more
FII’s bought 7 K contract of Index Future worth 276 cores, 2.7 K Long contract were added and 4.2 K short contracts were squared off by FII’s. Net Open Interest decreased by 1.4 K contract , so FII are going long ans squaring off shorts in Index Futures.From start of series net on net basis FII … Read more
As Exit Polls were out yesterday Bharatiya Janata Party (BJP) lead by Shri Narendra Modi is in sight of magic number 272 to reach for a simple majority in the 543-seat Lok Sabha, or lower House of Parliament, in the general election that got completed yesterday. The BSE’s S&P Sensex, India’s most closely tracked stock … Read more
Last Week we gave Chopad level of 6726, Nifty did 2 target on upside and 1 target on downside .Nifty has gained 17 % since Sept. 13 when NaMo was officially anointed as Prime ministerial candidate. Exit poll and outcome of the election. IIP, WPI and CPI data due next week. Lets analyze how to … Read more