Finnifty has closed at 21461.35 on day before expiry of 16/01/2024. Weekly strikes of 21400PE and 21500CE saw highest trades with closing at 25.60 and 54.00. On hourly chart today took initial support was 21349.00 in first two hours and the base shifted higher at the end of second hour. The higher support was seen at 21412.25 in the third and sixth hour. The...
We have a weekly expiry coming up on the index on Monday 15/01/2024. Index has closed at 10542.40. Friday highest traded options on the index were 10600CE and 10500PE which have closed at 12.65 and 15.15. Chart shows 10560.75 as the important level above which we can attempt the previous swing of 10605.45. So futures buying and Call options buying we need to stay...
For any analysis of markets you should follow Top to Down Analysis. This means from higher time frame to lower time frame. For short term trader to scalper it will be prudent to start from weekly time frame to lower time frame to your trading time frame. Gann used weekly charts for analysis and said weekly is the most important timeframe to watch. Swing trading...
John Pierpont Morgan, the founder of the bank J.P. Morgan, once said that “Millionaires don't need astrologers, but Billionaires do”. Mordern Generation is way out of sunc to our past sciences one of which is Astrological Sciences. Major Level to watch is 22122 On downside level to watch on chart where consolidation has taken place... Happy Trading !!!
Biocon looks good for short term target 342 SL is below 260
HCLTECH has taken support at 50% level at 876.50. Gann 50% rule at work. Gann said you need to follow only one rule of 50% to make money in the markets. We are at 12.5% extension of the swing which is 1503.05. We need to stay above this level for furthet growth. Happy Trading !!!
Two traps Bull trap and Bear trap marked on hourly chart. We consolidating between 72394 and 70316. The decision making level is in between at 71355 wherein we have a triple bottom formation. Break of this formation may lead to downside to 70316 and if we take support from the triple bottom formation may lead to upside towards 72394. How to trade in between these...
Mathematics is the only exact science. Every nation on the face of the earth agrees that 2 and 2 make4. no matter what langage it speaks.Yet all other sciences are not in accord as mathematical science. We find diffrent men in diferent professions along scientific lines disagreeing on problems, but there can be no disagreement in mathematical calculation. Levels...
Bank Nifty was moving between two important levels as shown on hourly chart.47379.30 and 4768.45 are the two levels. 08 Jan 2024 low was made on 15:00 pm candle at 47387.45 and on 09 Jan 2024 high was made at 47939.30. Yesterday after the high and gap up before at the open all gains were surrender by it and we closed below the important level of 47379.30. The...
Chart shows the importance of the 50% which WDG advocates, Theory explain in eplained in earlier post here. Prrof of the system. Happy Trading !!! Law of Attraction : To attract things you want ... you have to pray to the Universe and then only Universe will know what you want and will help you in getting those things desired by you. You need profits then then yo...
Heading towards gap fill first and then being prepared to breakout. Making HH and now Being ready for make new high. Volume arise with action. Buy for target of 700-800-900+ with SL 515
Nifty 50 Index (NSE:NIFTY) 21513.00 −197.80 −0.91% kbr9121965(My Handle on Trading View platform ) You can follow and boost my ideas to help others if you find the ideas useful and profitable. Nifty 50 Index intraday wheels within wheel chart for 08/01/2024. Gann had said if you know the begining you can predict the end. "In order to forecast future cycles, the...
Look at the figures and read notes on the chart. I am duty bound to answer all your questions. Your trading view time to be set at UTC +5:30 time setting. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational...
More than bullish. 70.77 is the magical figure. I am duty bound to answer all your questions. Your trading view time to be set at UTC +5:30 time setting. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only for educational...
Today index has opened at 10581.60 on chart. Moved down two steps and moved up one step on chart. Resistance was 10581.60 and support was 10505.65. Two possible trades one short and one buy could have been done as per levels marked. Playing this intraday range will be beneficial for intraday traders as per their risk profile. One can also add trades on either...
Lux Industries is taking support at green thin line corresponding to Gann circle 7 of my Life time Indicator. Also planted is Rekhi 144 indicator conforming it. Please buy only when price remains above candle of 10:30 a,m today. Note : Your trading view time to be set at UTC +5:30 time setting. Still have a question? Please write to me in the comments. I am...
Price Levels for today have been mentioned on the chart for Bank Nifty. Please trade between 10:30 and 2:56 p.m. only. Buy only above high of 10:30 candle. Note : Your trading view time to be set at UTC +5:30 time setting. Still have a question? Please write to me in the comments. I am duty bound to answer all your valid questions. This is the only way we...
Price Levels have been marked on the chart. Please follow time level strictly i.e. Buy only when price remains above 10:30 a.m. only and time duration to trade till 2:56 p.m. only. Note : Your trading view time to be set at UTC +5:30 time setting. Still have a question? Please write to me in the comments. I am duty bound to answer all your valid questions....