Nifty Weekly Outlook as per Fibo and Elliot wave

[ Sunday, July 20 | 0 comments ]
Last Week we gave Chopad level of 7441, Nifty did all 3 target on upside rewarding trend follower with 200 points. Using the Golden Ratio we were able to predict the Top of Nifty around 7800 Can Nifty form short term top around 7800 ?  Lets analyze how to trade Nifty in next week.

 Nifty Hourly Chart

nifty hourly
Hourly charts shows strong support in range of 7600-7610. Holding the same we can see a bounceback till 7800 odd levels.

Nifty Elliot Wave Analysis

Nifty Hourly EW
As per Elliot wave Theory B wave on hourly charts can get over near 


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Bank Nifty Weekly Outlook as per Fibo and Elliot wave

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Last Week we gave Chopad Level of 14396 Bank Nifty did all the 3 target on upside rewarding Trend Follower by 500 points.. Lets analyze how to trade Bank Nifty in coming week.

Bank Nifty Hourly

Bank Nifty Hourly

Bank Nifty hourly charts touched the gap area and started bouncing back towards the higher end. Negative divergence are visible in hourly charts and downward falling trendline resistance comes around 15556.

Bank Nifty Hourly Elliot Wave

Bank Nifty Hourly EW
Bank Nifty hourly EW is showing an abc

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FII FnO Data Analysis for 18 July

[ Thursday, July 17 | 0 comments ]
FII_1
  • FII's bought  13636 contract of Index Future worth 520 cores, 6.5 K Long contract were added  and 7 K short contracts were squared off by FII's. Net Open Interest came down by 530 contract.
NIfty closed above the supply zone of 7570-7585 and this zone will become support of the Nifty, Nifty was unable to cross the Golden Ratio @ 7661, made high of 7656. Close above 7661 open upside till 7700/7731. Also Gann fan also...

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Bull Run in Bank Nifty over? Weekly Analysis

[ Sunday, July 13 | 0 comments ]
Bank Nifty corrected the most in past 15 months, so is the bull run over in Bank Nifty or its just one of the healthy correction . Lets analyze how to trade Bank Nifty in coming week.

Bank Nifty Hourly

Bank Nifty Hourly

Bank Nifty hourly charts has started trading below the low of 16 may and is bound to go down further till

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Nifty gets into correction mode, Weekly Analysis

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Last Week we gave Chopad level of 7766, Nifty did all 4 target on downside rewarding trend follower with 300 points. Using the Golden Ratio we were able to predict the Top of Nifty around 7800 Can Nifty form short term top around 7800 ?  Nifty saw a decline of 3.8% last week panicking traders and investor and many of them talking bull run is over , So  Lets analyze how to trade Nifty in next week.

 Nifty Hourly Chart

nifty hourly
 
 
Hourly charts shows strong support in range of ...


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