Pattern, Price and Time: Using Gann Theory in Technical Analysis
1. FII sold 27543 Contracts of Index Future,worth 725 cores with net OI decreasing by 30715 contracts. 2. As Nifty Future was down by 68 points with Open Interest in Index Futures decreasing by 30715, so FII booked profits in shorts created in Nifty and Bank Nifty Futures.NF closed at 2 months low after Fridays … Read more
Tata Steel Tata Steel came with a bad set of numbers and sold off on friday. Stock is near its trendline support of 384. Buy above 391 Tgt 394,397 and 400 Sell below 380 Tgt 376,371 and 365 IDFC IDFC has taken support at 20 DMA and holding 158 can see further declines till … Read more
Traders who need to make money “right now” will trade more aggressively not realizing that the market will do what it wants when it wants regardless of the sand left in the hour glass. I don’t know about others but I would much rather chase three turtles than one rabbit any day. Slow and steady … Read more