BankNifty Sep 2016 Quarter End Analysis based on a combination of Technical Analysis methods September 2016 quarter has ended with BankNifty closing at 19285.7 against the previous quarter close of 17935.4, a gain of 1350 points or 7.5% on QoQ basis. The uncertain conditions due to Geopolitical uncertainty and the Surgical Strikes carried out on Terrorist…
Nifty & Bank Nifty Spot Week Composite Market Profile for the week ended 07-08-2015 Nifty Spot opened at 8513.85 on 03-08-2015, above the Week Composite value area of the previous week & traded above the highs of previous week but closed just below the highs. It found sellers on Tuesday & pushed towards the demand zone…
Nifty & Bank Nifty Spot Week Composite Market Profile for the week ended 24-07-2015 Nifty Spot opened at 8623 on 20-07-2015, above the Week Composite value area of the previous week & as per our review of the previous week’s Nifty & Bank Nifty Week Composite Profile it tries to find buying interest in the 8610-8640 range, but failed…
Nifty & Bank Nifty Spot Week Composite Market Profile for the week ended 17-07-2015 Nifty Spot opened at 8397.25 on 13-07-2015, withing the Week Composite value area of the previous week above the WCPOC of 8355. In our review of the previous week’s Nifty & Bank Nifty Week Composite Profile we had a hypothesis that…
Nifty & Bank Nifty Spot Week Composite Market Profile for the week ended 10-07-2015 Nifty Spot opened at 8386.15 on 06-07-2015, withing the Week Composite value area of the previous week & the buyers pushed it towards multi week highs of 8533. On Tuesday it made another fresh multi week high of 8561 & managed…
Nifty & Bank Nifty Spot Week Composite Market Profile for the week ended 19-06-2015 Nifty Spot opened at 7986.60 on 15-06-2015, below the WCVAL & found buyers to push it towards the WCVAL but got sold off again as could not push through it convincingly. Our hypothesis which we had done last week had this zone…
Nifty & Bank Nifty Spot Week Composite Market Profile for the week ended 12-06-2015 Nifty Spot opened at 8129.35 on 08-06-2015, just at the WCPOC & got sold off towards the WCVAL. The index rotated around the WCVAL on Tuesday & made an attempt to push towards the WCPOC & WCVAH but the thick TPO…
S&P CNX Bank Nifty Spot Trading Levels for 27-11-2014 S&P CNX Bank Nifty Spot Trading Levels based on various technical analysis tools. The Daily and Weekly Reversal level is computed on the basis of a simple moving average and then fine tuned with the addition of current days average move to lessen the whipsaws in the…
S&P CNX Bank Nifty Spot Trading Levels for 26-11-2014 S&P CNX Bank Nifty Spot Trading Levels based on various technical analysis tools. The Daily and Weekly Reversal level is computed on the basis of a simple moving average and then fine tuned with the addition of current days average move to lessen the whipsaws in the…
S&P CNX Bank Nifty Spot Trading Levels for 24-11-2014 S&P CNX Bank Nifty Spot Trading Levels based on various technical analysis tools. The Daily and Weekly Reversal level is computed on the basis of a simple moving average and then fine tuned with the addition of current days average move to lessen the whipsaws in the…