Pattern, Price and Time: Using Gann Theory in Technical Analysis
Indian Markets finally gave a 4.5% rally which we have discussed in last week analysis as per Moving Average Forecasting method. On Macro front Not much has changed with the continuing political impasse, GDP growth at three year low of 5.3 per cent for the September quarter and rupee on a downward spiral. But that’s … Read more NSE India Nifty Trend Analysis -03 Dec 2012 Part -I
1. FIIs bought 5906 Contracts of Index Future (NSE Nifty Futures and Bank Nifty Futures combined),worth 161.85 cores with net Open Interest increasing by 16920 contracts. 2. As Nse Nifty Future was up by 9 points with Open Interest in Index Futures increasing by 16920, so FIIs created fresh longs again in longs of Nifty … Read more Nifty Trading Stratergy for 27 Nov
The market was buffeted by strong gusts of news-flow last week from political drama. First Mamata Di’s no confidence motion kept traders on edge and disruption and no functioning of parliament was a double blow to market sentiments.With a slew of bills on economic reforms slated for passage in the winter session, such adjournments are … Read more NSE India Nifty Trend Analysis -26 Nov 2012 Part -I