Wednesday, June 22

Bank Nifty forms DOJI near gann trendline,EOD Analysis

As discussing in past analysis If we break 17500 tomorrow we can see down move till 17350/17055 else again we will trade in range of 17500-18000. Low made was 17518 again bears were unable to break 17500 and bulls were unable to close above 17666 but again closed near gann trendline as shown above.Bulls needs a close above 18051 for next move 18650-18750, Bears below 17500 for move towards 17350/17055. In between bank nifty will keep trading in range of 17500-18000 and do time correction. Do you have Trading Regrets
Continue Reading

Century,TVS Motor and REC Technical Analysis

Century

Century Textile

Positional Traders can use the below mentioned levels

Close above 665 Tgt 699

Intraday Traders can use the below mentioned levels

Buy above 655 Tgt


Continue Reading

Tuesday, June 21

Nifty continue to hold 8210,EOD Analysis

FII
  • FII's sold 9.6 K contract of Index Future worth 570 cores ,6.3 K Long contract were liquidated by FII's and 3.3  K short contracts were added by FII's. Net Open Interest decreased  by 3 K  contract, so fall in market was used by FII's to exit  long and enter  shorts  in  Index futures.Do you have Trading Regrets
 As discussed in Yesterday Analysis   Closing above 8210 is a very bullish sign and holding the same we can move towards 8300/8336/8410 in next few days.Bearish only on close below 8070.

Continue Reading

Bank Nifty close at gann trendline,EOD Analysis

  • As discussing in past analysis  Till we close above 17666 bulls are in control, So finally Bulls were able to close bank nifty below 17666 and just at the border of gann trendline. If we break 17500 tommrow we can see downmove till 17350/17055 else again we will trade in range of 17500-18000.  Bulls needs a close above 18051 for next move 18650-18750, Bears below 17500 for move towards 17350. Do you have Trading Regrets
bank nifty trendline gann

Continue Reading

Breakout Stocks:Reliance,Jet and Bharat F

Bharat Forge

bharat forge

Positional Traders can use the below mentioned levels

Close above 760 Tgt 784/810

Intraday Traders can use the below mentioned levels

Buy above 760 Tgt


Continue Reading