Monday, February 20

Apollo Tyre Bharti Airtel Rel Capital Intraday Trading Levels

Apollo Tyre

 
Intraday Traders can use the below mentioned levels

Buy above 180 Tgt


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Sunday, February 19

Bank Nifty Weekly Forecast for Feb Expiry

Last Week we gave Chopad Level 20309 Bank Nifty gave Short Entry  on Monday High made was exact 18309 and did 1 target on downside, Long also got triggered on Wednesday which got stopped out. Lets analyze how to trade Bank Nifty in coming Expiry Week.


Bank Nifty Hourly


As discussed in last analysis Bank Nifty is

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Nifty Weekly Forecast for Feb Expiry

Last Week we gave Chopad Levels  of 8840, Nifty gave Short Entry  on Friday  but no target was achieved. Another Week of consolidation after a massive rally of 1000 points in less than 2 months. Lets Analyze how to trade Nifty in the expiry week.

Nifty Hourly Chart


Hourly chart keep bouncing from the channel bottom as happened in 2 instances in last 2 weeks as shown in above chart ,Now Bulls need a close above 8840 for a move towards 8888/8969/9100.

Nifty Harmonic


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Bank Nifty hit life highs holding 20000,EOD Analysis

As discussed in Last Analysis   Its been 9 trading days we are stuck in gann arc, Plan remains the same long above 20350 for a move till 20500/20750. Bearish below 20000 for a move till 19794/19500.  Bank Nifty opened gap up  and hit the life time high but as it opened open 20500 so  trades who were waiting for break of 20350 missed the gap up but as did not break 20000 so most of readers were not short and protected there capital, Money saved is money earned. Now as we closed above 20500 we can see another move towards 20750/21000. Bearish below 20350  for a move towards 20150/20000. As seen in below Gann Angles chart the whole move from the low of  17600 till 21000 was captured, Thats beauty of gann keeps you ahead of the curve . Recency Bias and Its Influence in Trading

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Saturday, February 18

Hope, Fear and Knowledge

When a great Sufi mystic, Hassan, was dying, somebody asked, ‘Hassan, who was your Master?’
He said, ‘Now it is too late to ask. Time is short, I am dying.’ But the inquirer asked, ‘You can simply say the name. You are still alive, you are still breathing and talking, you can simply tell me the name.’
He said, ‘It will be difficult because I had thousands of Masters. If I just relate their names it will take months and years. It is too late. But three Masters I will certainly tell you about.
One was a thief. Once I got lost in the desert, and when I reached the village it was very late. Half the night was already gone; shops were closed, caravanserais were closed. There was not a single human being on the roads. I searched for somebody to inquire of. I found one man who was trying to make a hole in the wall of a house. I asked him where I could stay, and he said, “I am a thief, and you look like a Sufi mystic to me.”‘ His robe, his aura. ‘And the thief said, “Right now it will be very difficult to find any place

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