Category Archives: Technical Analysis of Nifty

Exhaustive Analysis on Nifty based on Hourly,Daily Weekly and Monthly charts which will be helpful for Nifty Traders,Nifty Expiry View

Fibonacci Studies and the Stock Market

By | January 23, 2016 12:52 pm

Introduction Fibonacci numbers were derived from an Italian mathematician Leonardo Pisano. Fibonacci was a mathematician who was born in Italy around the year 1170. It is believed that Mr. Fibonacci discovered the relationship of what are now referred to as Fibonacci numbers while studying the Great Pyramid of Gizeh in Egypt. What are Fibonacci numbers… Read More »

Has Nifty formed short term bottom,FII FnO Data Analysis

By | December 18, 2014 6:29 pm

FII’s bought  1.7 K contract of Index Future worth 36 cores, 15.4 K Long contract were added by FII’s and 13.7 K short contracts  were added by FII’s. Net Open Interest increased  by 29.2 K contract ,so FII’s added long in Index Futures  and continue adding shorts in index future.  Nifty has corrected the scared 666 points… Read More »

Nifty performance from Mahurat trading to last trading day of year

By | October 23, 2014 5:54 am

September and October month have seen range bound moves, Few days before on my Facebook page   we discussed the possibility of Nifty setting the stage for big move. Here is some data analysis which will help both traders and investors for next 2 trading months. Last quarter is considered the most strongest quarter and market… Read More »

Nifty Weekly Outlook for 29 Sep – 01 Oct

By | September 28, 2014 2:12 pm

Last week we gave  Nifty Chopad level of 8100 and Nifty did 3 target on downside rewarding trend followers by 179 points, Coming week has only 3 trading days so trading will be limited, S&P upgrade was a big positive for India and Our PM meeting Obama will be keenly watched by market so market… Read More »

Nifty Weekly Analysis for September 2014 Expiry

By | September 21, 2014 4:41 pm

Last week we gave  Nifty Chopad level of 8114 and Nifty did 3 target on downside and almost did 1 target on upside. Lets analyze how to trade in September Expiry Week.  Nifty Hourly Chart Nifty Hourly charts made a V shaped recovery from channel bottom now facing resistance in zone of 8130-8150, Closing above… Read More »