Related Readings and Observations

• Bank Nifty Futures Trading Preparation for 3rd Apr 2017 Let me cut short the top down analysis quicker in Bank Nifty Future Charts. We are trending higher on the monthly timeframe, weekly timeframe and daily timeframe. Typically every timeframe […]
• Bank Nifty Weekly Observation 20 Apr 2015 Bank nifty future faced major resistance around area of 18900-19000 (marked in blue) , It tried to break out of the range once on Wednesday trading session but again retraced back facing […]
• Bank Nifty March Future Observation Bank nifty future opened the day at 19701.55 and made the intraday low at 19512 before making the close after a strong bounce from lows in later half of the trading session at […]
• Banknifty Futures Observation – February Expiry Outlook Banknifty future from chart above looks like making a head and shoulder formation which is in its last leg of forming the right shoulder (which it should, to become a valid pattern).  As […]
• Gold Technical Analysis – Reversal or Corrective Bounce. Now gold is trading around $1221 & as we can see on charts , gold proving some upside momentum from last 2 days with some very obvious reasons. The downside rally in gold filled a gap […]
• Nifty and Bank Nifty – Post Budget Outlook It should be noted that open interest built up in 8000CE strike price crossed the 1 crore mark. Active call writing seen in 7800CE and 8000CE. Options writes are betting that nifty will […]