Nifty Continue to trade in range of 9830-9930,EOD Analysis

[ Thursday, July 20 | 0 comments ]
  • FII's sold 7.2 K contract of Index Future worth 539 cores ,3.5 K Long contract were liquidated by FII's and 3.7 K Short contracts were added by FII's. Net Open Interest increased  by 206 contract, so fall in market was used by FII's to exit long and enter short in  Index futures. FII's Long to Short Ratio at 2 Why do 90% of traders lose money?

  • As discussed in last analysis  Low made today was 9851 and high made was 9905 so nifty did 9880 target today, Again gann analysis kept us above the curve, Nifty held on the gann angle and showed 70 points bounce, till we are holding gann angle low of 9830-9851 we should move up and made new life high at 9930. Above 9930 target are 9969/10000. Bearish below 9787 for a move towards 9710/9650 High made was 9922 bulls were still not able to cross 9930

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Bank Nifty Analysis as we approach End of Current Time Cycle

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As discussed in Last Analysis  Till we are holding 23760 bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100. High made today was 24300 so bank nifty again did 24270 and now is heading towards the next target of 24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100. Time Cycle will change for bank nifty on 23 July as its is Sunday so we can see effect either tomorrow or Monday.  Why do 90% of traders lose money?

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Nifty bounces from Gann Angle,EOD Analysis

[ Wednesday, July 19 | 0 comments ]
  • FII's bought 3.2 K contract of Index Future worth 206 cores ,2.1 K Long contract were added by FII's and1 K Short contracts were liquidated by FII's. Net Open Interest increased  by 1 K contract, so rise in market was used by FII's to enter  long and exit short in  Index futures. FII's Long to Short Ratio at 2.1 Can Retail traders make money in Stock market?

  • As discussed in last analysis  We told below 9792 market will see change in trend low made today was 9792.05 and we saw a bounce back and close above 9820 which was gann angle support as shown in below chart, Now bulls needs to hold on to range of 9792-9787 which is time cycle low for a bounce back towards 9880/9930/9969/10000. Bearish below 9787 for a move towards 9710/9650. Low

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Bank Nifty Continue to make life high, holding 24000

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As discussed in Last Analysis  Bank nifty again did a close above 24000 even when nifty corrected almost 100 points, and in process did the next target of 24120. Now till we are holding 23760 bulls can continue to move ahead and can take bank nifty towards 24120/24270/24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100. High made today was 24180 so bank nifty again did 24120 and now is heading towards the next target of 24270/24389/24480, 24477-24480 is major resistance for bank nifty,  Bearish below 23700 for a move towards 23400/23100.   Can Retail traders make money in Stock market?


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Nifty Continue to make new high,EOD Analysis

[ Monday, July 17 | 0 comments ]
  • FII's bought 3.8 K contract of Index Future worth 278 cores ,5 K Long contract were added by FII's and 1.1 K Short contracts were added by FII's. Net Open Interest increased  by 6.2 K contract, so rise in market was used by FII's to enter  long and enter  short in  Index futures. FII's Long to Short Ratio at 1.99.Important Points for Trading Success

  • As discussed in last analysis  Bearish below 9610 only. As per time cycle till 9787 is held bulls can push nifty towards the scarocant figure of 10000 by 30 July. Till 9820 is held bulls are in control, bulls are in control and can push nifty towards 9936/9961/10000. Bearish below 9792 for a move towards 9700/9610. High made was 9928 so another target of 9936 almost done and bulls continue to close above 9900. Till we are holding 9830 bulls can move ahead and do the

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