Blood Moon, Eclipse, Stock Markets, Nifty, Elliott Wave,.......

On 27th July 2018 we witnessed the Blood Moon, Longest Total Lunar Eclipse of the Century !!!

Elliott Wave & Technical Analysis for Nifty- Achchhey Din Aane Wale Hein !!!

Good Days are round the corner for the prudent Technical Traders. Lets check out- Why ?

General Election 2014 Results are poised for May 16th which may give a good move in the Short Term and clear the Major Trend ahead for the Medium Term Time Frame.

Check the Technical 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 -

Elliott Wave & Technical Analysis for Nifty

The bounce materialized from the support zone of 5220-5190 . The short term Uptrend looks strong but is it a corrective bounce only or something bigger ?. Lets check out the probabilities -

Technical Analysis and Elliott Wave Update for Nifty

Markets reacted from apprx. the Resistance zone given in last post of 5380-95. Now the closes after that have been above 5300 and the down sessions have been on comparable lower volumes. The Weekly close has been neutral . Lets check out the probabilities and factors supporting both the causes.

Technical Analysis & Elliott Wave Update for Nifty

We have completed half year trading of 2012 . Lets check out Nifty in different time frames along with probable Elliott wave counts , Indicators , Patterns ,Trendlines and associated data for what lies ahead .

Technical Analysis for Nifty

Nifty is in clear downtrend from last few weeks and is unable to close above critical levels mentioned in the previous posts to give any reversal . Lets check what's in store for next week with charts and observations :

 

Tweets for Nifty Watch this Week

Technical Analysis for Nifty

Markets have been consolidating (or is it distribution ?) since a month and a half after the recent high of 5630 was made. With RBI policy coming out on 17-04-12 , Markets may also start to come out of this phase and show the way to a trending phase in short term.

Technical Analysis for Nifty

The correction since 5630 has been choppy and volatile last week giving both side moves . This may now be nearing an end with an expected trending move to unfold shortly . Let us check out the charts and data for the probabilities and critical levels ahead-
 

Technical Analysis for Nifty

Last Post concluded a probable breach of 200dma and the Channel break . Now what lies further in Short Term is analyzed in the charts below -

Technical Analysis for Nifty

The Markets have moved up in last two weeks since the start of 2012. There are Bullish signals all over. Some questions like - Have we bottomed out? Is this rally sustainable ? How far can we move ahead? What's the signal of end of this upmove? etc, may be answered by combination of Technical Methods. Below are some self explanatory charts with observations -

Nifty in 2012 . Is it the 'CheckMate' Year ??

Please read this Post in continuation with the Broader perspective shared at the last Analytical Write up - CLICK HERE , where the Bearish Insight was presented. As I was going through the Year end data and charts , few more things corelating with that view caught  'The Third Eye' . 

Merry Christmas and a Happy New Year !!!

Christmas is approaching , and as a ritual every year, lot of Traders are expecting a 'Santa' Rally . But instead of hearing Jingle Bells from Santa , I am seeing 'Sunami waves ' on the charts. I fear that Santa (Rally) may not keep it's promise instead we may see 4400 levels approaching soon and probably below .

In the last Post for this Year , let us objectively analyze and check the Technicals for what lies ahead   -

Why am I Bearish and why 4400 levels is a high probability Target ?

Technical Analysis for Nifty

We are trading now in a Sideways corrective Market in the Short Term ( Wave B as per EW counts ), in a broader range of 4700-5100 . Next week we enter the tricky part of this correction in larger downtrend which may see both an upmove and down move in a choppy market . 

Technical Analysis for Nifty

The Larger Trend is still down and we are on a cross roads for the Short term where the bounce started on Nov. Expiry day may continue or we again slide with the Larger Trend. With combination of the methods used , we will try to get the Trading Insight and levels going ahead.

Technical Analysis for Nifty

There has been a Short Term Reversal from recent lows in last couple of weeks. Prices have overcome the Resistances and Gaps to Trade firm. Is it a complete Reversal making the bias Up or is it a Reaction before the Fall follows again ? Let us objectively analyze and try to find a ' Method in the Madness' with help of the Technicals and combination of them -

Technical Analysis for Nifty

The August series ended with the maximum damage to the Prices in the downfall since Nov ’10 ( from 6338) . The prices corrected from 5700 levels to 4700 levels ,  apprx. 1000 points fall and now we are trading at multi-months low ( new 52 week low at par with May ’10 levels ).  Let us check out the Technical probabilities for the Short Term –

Technical Analysis of Nifty for Short Term

Wishing All A Very Happy Independence Day !!!

Let us analyze Nifty for Short Term to get probabilities of what is in store for a couple of weeks ahead , say till August series end.

Nifty Trading for 04-08-11

Nifty in firm Downtrend.