Tata Motor Ajantha Pharma and HZL Harmonic Pattern

By | March 9, 2016 8:01 am

Tata Motors Positional/Swing Traders can use the below mentioned levels Close above 347 Tgt 356/364/377 Intraday Traders can use the below mentioned levels Buy above 347 Tgt 352,356 and 360 SL 343 Sell below 340 Tgt 336,333 and 329 SL 343 Hindustan Zinc Positional/Swing Traders can use the below mentioned levels Unable to close above… Read More »

Nifty Stuck in Gann Arc,EOD Analysis

By | March 8, 2016 9:00 pm

FII’s bought 14 K contract of Index Future worth 803 cores ,15.5 K Long contract were added by FII’s and 1.5 K short contracts were added by FII’s. Net Open Interest increased  by 17 K contract, so DOJI formed today in Nifty market was used by FII’s to enter majority  long and  enter shorts in  Index… Read More »

Bank Nifty Stuck in Gann Arc,EOD Analysis

By | March 8, 2016 7:11 pm

 As discussed in last analysis   Till we close above 15136 Bank Nifty can move towards 15565 which is supply zone and gann trend line resistance, Strong support at bottom of gann arc and 14700-14800 zone. Bank Nifty made low of 15066 but again managed to close above 15136 just near the gann arc. Support has increased… Read More »

Trade Psychology Rules to Follow

By | March 8, 2016 3:33 pm

Sharing Few One Liners complied during course of time, I Keep near my trading desk, to keep myself on Track.   Let winners run. While momentum is in phase, the market can run much further than might be expected. Do not exit winners without reason! Be quick to admit when wrong and get out of… Read More »

KSCL IRB and IDBI Technical Analysis

By | March 8, 2016 6:46 am

KSCL Positional/Swing Traders can use the below mentioned levels Close above 393 Tgt 398/411 Intraday Traders can use the below mentioned levels Buy above 393 Tgt 396,400 and 406 SL 390 Sell below 388 Tgt 385,380 and 375 SL 391   IRB Positional/Swing Traders can use the below mentioned levels Unable to close above 233… Read More »

Bank Nifty Weekly Forecast after 11 % Rally in Budget Week

By | March 7, 2016 4:40 pm

Last Week we gave Chopad Level 13930 Bank Nifty Long initiated  above chopad levels on Monday  did  all 4 target by Wednesday .Lets analyze how to trade Bank Nifty in coming Week. WIshi Bank Nifty Hourly As discussed last week Hourly close above the 34 EMA and channel bottom can trigger rally for 14550-14700. Bearish… Read More »

Maha Shivaratri: Story of Lord Shiva

By | March 7, 2016 9:54 am

Puranas contain many stories and legends describing the origin of this festival. According to one, during the samudra manthan, a pot of poison emerged from the ocean. This terrified the Gods and demons as the poison was capable of destroying the entire world, and they ran to Shiva for help. To protect the world from… Read More »

How to Use Moving Averages Part -II

By | March 5, 2016 4:13 pm

In Continuation of Previous Post Interpretation The most popular method of interpreting a moving average is to compare the relationship between a moving average of the security’s price with the security’s price itself. A buy signal is generated when the security’s price rises above its moving average and a sell signal is generated when the… Read More »

Nifty closes near supply zone, EOD Analysis

By | March 5, 2016 11:50 am

FII’s bought 2 K contract of Index Future worth 147 cores ,9.3 K Long contract were added by FII’s and 7.3 K short contracts were added by FII’s. Net Open Interest increased  by 16.7 K contract, so  rally in market was used by FII’s to enter long and  enter shorts in  Index futures. A story that… Read More »