Friday, November 22, 2013

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.

Sunday, November 17, 2013

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 --

Sunday, November 3, 2013





Sunday, October 20, 2013

Monday, October 14, 2013

Technical & EW Updates for Nifty

UPDATE 13-10-13


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.

Sunday, September 15, 2013

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.

Monday, September 9, 2013

Sunday, September 1, 2013

Sunday, August 4, 2013

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 -

Sunday, July 28, 2013

Sunday, June 30, 2013

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-

Sunday, June 2, 2013

Nifty Update : Elliott Wave & Technical Analysis

Added Updated Chart as on 09-06-13 in the Post below . Brief in Comment section.

Sunday, May 19, 2013

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 -

Monday, May 6, 2013

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-

Sunday, March 31, 2013

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 .

Sunday, March 24, 2013

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 . 

Sunday, March 17, 2013

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 .

Sunday, February 17, 2013

Sunday, January 20, 2013

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 -

Wednesday, January 2, 2013

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 .