After falling from 404 to 165 , approximately 59% - I am expecting more of upside than downside. Once it breach 222/- I am expecting strong uptrend. Entered DEC FUT @ 213.35/-
Why AxisBank ? Call premium for CE660 in the market has gone as high as 2.5% . I expect some drama ! (Source NSE website) Why are all mad about AxisBank and looking a topside of 660 , which also happens to be recent high? Probably they are looking at Cup and handle structure in 1D chart. Cup and handle is good idea. another possibility could be that AXIS has...
Gann level to watch are 12150, 11840, 11500, 11170, 10850.
recent high 431 Method to calculate next level (sqroot(431) -1 )^2 = 391 Draw horizontal tangent to SMA20 (simple moving average of 20 period) , i.e. draw horizontal line at slope of SMA20 and we get 382 now 382 is also equal to :------------- 431 - 1.23 * (431-391) = approx 382 so we have two important levels 391 and 382
SBI gann support at 305 -306, long at 306 SL 303, target 315 -318
31 minutes ago Nifty-& Banknifty -0.28% Go Short from 2nd August Till 8th of August or 16th of August. Nifty 0.33% minimum target For 10850 Banknifty -0.28% Minimum Target 26500 All the views and contents mentioned are merely for educational purposes and I do not recommend to trade. I do not accept any liability/loss/profit occurring from the trade
these stocks are for those who love to gamble ... better and avoid and trade with plan and strategy in QUALITY STOCKS!
1. It made bearish engulfing candle with closing of last month. 2. After engulfing candle there was good follow through. all depends on closing price of March. 3. in short term we expect 61% retracement which is nearby 9600 zone. ( its not shown in chart by fib tool.) 4. Gann fan clearly indicating big fall towards 9500 if march's closing is on down side.
I am trying to use this Tool Called Gann Box as per theory written by W D Gann , I may not be perfect but i am trying to learn the time price analysis This post is purely my personal opinion it does not conflict any person or institution statements/ Declarations Regards Legal Disclaimer : This post is an education post any attempts to insult using abusive or...