Bank Nifty Weekly Forecast for 29 May-02 June

[ Sunday, May 28 | 0 comments ]
Last Week we gave Chopad Level 22820  Bank Nifty gave Short on Monday which did 2  Chopad Target  thus rewarding disciplined Chopad  Traders, Longs on Thursday rewarded chopad followers again as did 3 target on upside.  Lets see how to trade in coming week as we approach the last week of May month.

Bank Nifty Hourly



As discussed in last analysis Coming week 22650 will play crucial role, close above it move towards 23111/23484. Bearish below 22600 move towards 22450/22222/22000.
Both target done on downside and upside.

Continue Reading

Nifty Weekly Forecast for 29 May-02 June

| 0 comments ]
Last Week we gave Chopad Levels  of 9407,  Nifty gave Short on Monday which did 1  Chopad Target  thus rewarding disciplined Chopad  Traders, Longs on Thursday rewarded chopad followers again as did 2 target on upside.  Lets see how to trade in coming week as we approach the last week of May month.

Nifty Hourly Chart


As discussed in last analysis   Now for coming week above 9460 another upmove towards 9550/9584/9636. Bearish below 9390 for a move towards 9300/9240
Bearish trade got stopped out failed

Continue Reading

Bank Nifty close above the Gann Angle,EOD Analysis

| 0 comments ]
As discussed in Last Analysis  Low made today was 22570 and as soon as 2274o was broken the big move started with leap and bounds and did the both target 22900/23110.From June Series perceptive bank nifty bulls need a close above 23300 for the next move towards 24100. Bearish below 22900 for a move towards 22500. Bank Nifty closed above 23300 suggesting bulls are having upper hand and can push bank nifty all the way till 23600/23800/24000. Bearish below 22900 only.  Treat your parents with loving care

Continue Reading

Nifty does 9600 above 9410,EOD Analysis

| 0 comments ]
  • FII's bought 11 K contract of Index Future worth 884 cores ,1 K Long contract were liquidated by FII's and 12.1 K Short contracts were liquidated by FII's. Net Open Interest increased  by 13.2 K contract, so rise in market was used by FII's to exit long and exit short in  Index futures. FII's Long to Short Ratio has risen dramatically towards 5.7 highest in recent times Using INVERSION to be a better Trader ?
As discussed in last analysis   Now Bulls need a close above 9530 for next moved towards 9610/9666. Bearish below 9460 for a moved towards 9410/9370. High made was 9604 so bulls almost did the target of 9610 as soon as we moved above 9530.

Continue Reading

Using INVERSION to be a better Trader ?

| 0 comments ]
The ancient Stoic philosophers like Marcus Aurelius, Seneca, and Epictetus regularly conducted an exercise known as a premeditatio malorum, which translates to a “premeditation of evils.”
The goal of this exercise was to envision the negative things that could happen in life. For example, the Stoics would imagine what it would be like to lose their job and become homeless or to suffer an injury and become paralyzed or to have their reputation ruined and lose their status in society.
The Stoics believed that by imagining the worst case scenario ahead of time, they could overcome their fears of negative experiences and make better plans to prevent them.
While most people were focused on how they could achieve success, the Stoics also considered how they would manage failure. What would things l

Continue Reading