Banknifty gave first trade today. It corrected on the downside in the first hour and consolidated for the next 2 hours before it gave sharp upmove and completed our targets of 22450/22550 and almost done...
Banknifty opened Big gap up @ 21636 and immediately hit our primary target of 21800 (Top @ 21807). It found strong resistance @ 21800 levels, a Gann Number, and reversed sharply making low @ 20911 almost...
After making Gap up opening and sharp upmove towards our target of 21300, Banknifty moved much higher to 21619 but reversed very sharply in last hour closing @ 20940. As I mentioned in yesterday's...
Popular methods of interpreting the market movement Given the Indian methods of data collection, one may also use the following techniques to understand future market movement: Price vs Volume change Advance-Decline...
Banknifty opened above 22700, our level for long entry and completed target of 22900. It was rangebound throughout the day between 22700 and 22900. Only in the last hour, it moved sharply towards 23000...