Banknifty opened mild Gap up but could not sustain and came down sharply to 21000 levels (20983). But again gave sharp upmove towards our first resistance 21450. So we got a good trade from 21100 to 21450....
Banknifty Monthly Chart Analysis Banknifty Monthly chart is posted here. If we take a look at 14 period-RSI, it broke 40 levels the first time after Sep-2001. In the month of Apr, RSI took resistance...
Do you know? Investment Vs Trading - Stock Market Advanced Technicals.As per technical rules and trading ethics, Trading will highly risk basis earing. Sometime we will get profits, and Sometime we will...
I will just analyze how Gann Angles, RSI, and futures data helped to capture today's move. Following observations on various charts: Yesterday's low was an exact reversal from Weekly 45-degree...
Banknifty opened 150+ points gap up @ 22133, reached our 1st target of 22300. It made top @ 22344 but could not sustain and sharply came down to 21900 levels. After that, it was typical expiry day rangebound...