Advisory Service for Nifty Futures & Options

I propose to start an Advisory Services on Subscription basis  for a select  batch of Traders who wish to have an opportunity to Learn and Trade Technicals.

Elliott Wave & Technical Analysis for Nifty

Last Post cautioned the Longs, Extended target area starting from 6335, Bearish signals, Refrain for ultra bullish calls etc.

Market reacted on downside retracing the last pivot of 6032 in a faster time period. Now further --

HAPPY DIWALI !!!

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Elliott Wave & Technical Analysis for Nifty

Stock Markets have closed at the Highest Weekly Close level of 2013 and are quite near to Yearly and all time Highs. Lets check out the probabilities at this stage-

Technical & EW Updates for Nifty

UPDATE 13-10-13

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As in the last comment, a close above 5970 and not closing below 5885 had bullish bias and break on upside.

1. The moves now will be based on News flow from USA on debt ceiling and shutdown.Volatility is likely to increase with some roller coaster move.

2. If its a 5 wave move from 5701, it has legs to go above 6142 as well as 6229 further on positive news.

3.If its a 3 wave move from 5701 then its in c of it from 5823, making an ending diagonal,rising wedge and is in its last leg. It may come down positionally after breaking the uptrendline back to near 5900 levels and further below to 5700 in a Flat corrective.

4. In larger TF its one a-b-c from 6229-5119(wave A) and likely another a-b-c on from 5119 (wave B).
From 5701 it can be c up or in b of b as in two probabilities above (pts 2 &3) in short term.

5. Price wise close below 6000 may signal a short term top in place and likely start of down trend.

Else we may be in for higher targets of 6150 (cross 6142 in iii-c)),6230 (cross 6229 in v-c) and further to 6335 (c=.62a, where a=5119-6142).

overall this a-b-c from 5119 may be a sucker B wave ( wave A in a-b-c from 6229-5119) giving a false impression of a long term bullish breakout crossing vital price levels and historic pivots only to deceive and go down in a bearish C wave down.

October 14, 2013 at 12:08 AM 

Elliott Wave & Technical Analysis for Nifty

Last few Sessions and Weekly close have been above 200 dma indicating Technical bullishness. 
Lets check the Probabilities now with the Charts & Observations for the Trading Insight.

Elliott Wave & Technical Analysis for Nifty

As analyzed in the last post , a Rally to the mentioned target zone near 5675-5725 happened from the support zone of 5295-5335. Now lets check further -

Elliott Wave & Technical Analysis for Nifty

With pessimism all around, there is a contrarian probability of a Short term move on the Upside in the prevailing larger Downtrend. Check this out - 

Technical Analysis for Nifty

The Down Trend continues, firming up in Higher Time Frames. Chart updates and Observations as of now -

Elliott Wave & Technical Analysis for Nifty

Observations in Last Week's Post were- 

Charts present quite a Bearish Probability which if comes true may surprise on the Downside. 

As of now we are in Short Term Down Trend with 'Sell on Rise' kind of Market till closes above 6000 level. 

The Downtrend may mature below 5850 close.

Now further -

Elliott Wave & Technical Analysis for Nifty

Nifty resisted in the 6075-95 zone as updated in the last post. Now we have a very Bearish Probability on cards which also is suggested by the Bank Nifty leading index.

Elliott Wave & Technical Analysis for Nifty

Nifty unable to close below 5570 gave a quick upmove from the expiry day of last series . We check the probabilities ahead-

07/07/13: The week ended range bound between 5750-5900 in the support & resistance zone mentioned. Updated one EW probability in the post. 

14/07/13: The Triangle pattern developing since last week broke on upside. Updated chart added.

21/07/13: Holding 5935 on closing basis it went up again to make a new high as in the update last week. Now watch for 5975. Chart updated in the post with observations-

Elliott Wave & Technical Analysis for Nifty

As in the last post , without invalidating 5885 , tested 5640 and below but held this support on closing basis. Lets check further -

Elliott Wave & Technical Analysis for Nifty

Let's check out the different Time frames and Probabilities for Trading -

Nifty Update : Elliott Wave & Technical Analysis

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Added Updated Chart as on 09-06-13 in the Post below . Brief in Comment section.
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Elliott Wave & Technical Analysis for Nifty

Global liquidity flows , probable current a/c deficit to go down with Crude & Gold prices, and Interest rate cut probability on low inflation data , help maintaining the Trend on Upside . Now further -

Nifty Update

Check out the charts updated from last week's post with observations .

Elliott Wave & Technical Analysis for Nifty

Was not able to update a new post last month but observations in the comment section of last post held good to capture the reversal from 5477 bottom above crucial 5550 level then. We have done the 5960 target as mentioned. Now further-

Elliott Wave & Technical Analysis for Nifty

The bounce in oversold conditions materialized on the last trading session of the March series after trading in an ending diagonal pattern in the truncated week. Lets check the trading probabilities ahead .

Elliot Wave & Technical Analysis for Nifty

The Short Term direction came on RBI policy and gave a good downside move below 20dma at 5840 apprx then. Now let us take a look at new signals developing as of now and the trading probability . 

Technical Analysis for Nifty

After some volatile move last week, Nifty is now at cross roads for its Short term move. The bias may be decided by RBI meet on Tuesday . Check out the self explanatory charts below .

Elliott Wave & Technical Analysis for Nifty

Check out the Charts with Observations for Trading Probabilities - 

Elliott Wave & Technical Analysis for Nifty

As analyzed and observed in last week's post and comments , the downtrend continued . Lets check out the technical charts for trading this week.

Technical Analysis for Nifty

Follow up from the last post -

Technical Analysis for Nifty

Nifty closed below the important level of 6000 in the last trading session . Lets analyze what are the probabilities ahead -

Technical & Elliott Wave Analysis for Nifty

There has been a consistent negative diversion in different time frames since the high of 5965 was made in December 2012 but till now it has not been confirmed with significant price correction instead Price have been making higher highs . Lets see what probabilities lie ahead in the following charts and observations -

The Delhi Rape Case Diary

This Post is a viewpoint on how the Government of India 'Raped' the peaceful Public protesting against the brutal and unfortunate Delhi Rape Incident which happened on the night of 16th Dec 2012 . Thanks to the alert and sensitive online Social Media, these Pictures and Tweets capture the deceit, deception, diversion and various classic War Room Strategies employed by the Govt. to wage a Mini-War on its own people .