Where will BANKNIFTY maneuver after correcting 15% from its All-Time-High?
The Q2 results by the leading bankers were quite to the street’s expectation and so as the Bank index of […]
What is trading psychology in the stock market and what you should keep in mind while trading them?
Find a trading style that suits you The best way to find out is, to read Market Wizards, by Jack
What are the important points to keep in mind while taking the support resistance in context?
Support and Resistance is one of the most widely used concepts in Technical Analysis. Support and resistance represent key junctures
What is the most critical factor THE BEARISH REVERSAL SHOOTING STAR PATTERN ?
What are the important points to analyze candlestick patterns correctly? What is the psychology behind the formation of the candlestick
Harmonic Patterns: AB=CD
Learn Trading the Harmonic Patterns Since the introduction of harmonic patterns in Harold M. Gartley’s 1935 book, Profits in the
Nifty closed with a truncated intent to cap the current uptrend on weekly basis.
As expected Nifty supported the 15670-15700 level with buying pressure on daily closing basis at the primary trend’s Support zone
Nifty 50 Positional View
Nifty 50 Positional View Nifty50 shows no sign of weakness and eye new highs. Major supports are shifted way above
Market likely to attempt to move further ahead. Banknifty may outperform this week.
Daily Time frame Analysis Maximum Put open interest was seen at 16400 followed by 16300 & 16500 strikes while maximum
Market have resumed the trend after 2 months of consolidation with a faltering intent.
Daily Time frame Analysis Hourly Time frame Analysis IMPORTANT LEVELS TO WATCH FOR INTRADAY AND SWING TRADING 15950 –
The Index might consolidate in a wide range as suggested by the past 2 week’s price action.
Daily Time frame Analysis Hourly Time frame Analysis