It is been observed on hourly chart that the price action forming a Descending Triangle after the breakout from the Ascending Triangle. Now, Tomorrow breakout shall decide the further market movement. Regards
Hi All! Look at the setup in the chart. keeping 8225 as a tight stoploss, one can target 8325 on Tuesday. Reward Risk ratio greater than 8. Enter right at the opening on Monday tomorrow. Methodology used: Timewave. Keep following for further updates on this. Regards, Pankaj.
We are pretty close to our first target of 8227, even second or third might be achieved by 10th Jan. Follow me for very clear, consistent, and serious tradable advice. Most people were bearish or were waiting for a breakout/breakdown for further confirmation. Death cross, upper resistance line, channel breakdown, negative divergence, FIIs were net sellers, but...
The Amazing Timewave is always a step ahead than the rest. Yesterday it predicted a sluggish day, and so was it! In the last part of the day it predicted downside is limited, and SGX 0.50%Nifty 1.02%is at 8230.50 up 32.50 points. In sluggish environment, every other system remains confused on what markets will do and keep generating signals on either side, and...
Good Morning! Yesterday we went long at 8180 NS, target date is r0 Jan, TSL is 8120 NS. Fibonacci levels to expect on the upside are: 8328, 8379 and 8444 Nifty Spot.as shown above in chart SGX Nifty as of writing is at 8201.50 up 17 points. Regards Pankaj
Nifty is down till 10 Jan. Stoploss - 8190
Hi All, wishing you a very very happy new year! So as I had indicated in my erlier post the Fibonacci target was almost met on 30th Dec, and also we have arrived at possible turn date as per timewvae. . Today's price action will decide of the nature of things to come. If today (2nd Jan) is a down day, then Nifty will continue its upward momentum in coming...
First look at how exactly on 27th Dec - the turn date predicted by Timewave - Nifty started moving up and on 29th, Nifty has again ended 74 points up, and again on 30th 82 points up leaving no doubt that it will continue upward for some more time. Timewave wise date is 2nd Jan. So If astrology works so accurately, why a common man on the street starts smiling as...
Nifty Timewave Update As predicted Nifty turned upward exactly on 27th Dec And I had said up atleast till 2nd Jan Nifty every day is jumping 70-80 points! Wish you all a very very happy new year!
So now we are long till 2nd January, lets have a look at possible Fibonacci targets. 8127, 8190 and 8271. Timewave will surely blow your mind with its repeated accuracy! Thanks for following and clicking the thumbs up button!
NIFTY17JANFUT rollover trading range Higher Side 8094 Lower Side 8060 & 8037 Breaching any level 8094 or 8037 has the capacity to change the water direction dramatically as per Derivatives Options Chain.
It is been observed on the hourly chart that the price action went up sharply to cover and fill previous gap down levels at 7970-80 levels and now facing resistance at current levels. If it closes above the resistance levels or the Gap levels then it may further go up or if it closes 7950 levels then it shall again go further down.
Nifty reversed its direction today as indicated in previous post. Now Nifty is up till 2nd January. Price target to be communicated later ( I have to calculate those).
Hi All! Lets continue the discussion. So while Einstein did really a great job in finding that time us relative and not linear, there were a few things which his theory was not able to explain. First was expanding universe at an accelerated rate. If gravity was real, how is universe expanding in the opposite direction to gravity and that too at an ever...
Today the market is almost at the same point it was a year ago. So during the year the market at seen quite a bit of a roller coaster. This year the Indian indices have been strongly affected by the USD strength. This chart is a correlation between the two variables, the USD and INR. The chart on the top shows a strong negative correlation between the two...
In technical analysis and elsewhere we often employ linear tools to solve our day today problems. But if anyone who has looked at Universe, would agree that this world is not at all linear at any level or any dimension whatsoever but rather fractal. ( Just in case if you don't know what a fractal is, search fractal on youtube and watch top 10-20 videos). We just...
The chart above shows the previous and current running timewaves. The bullish wave which started on Tuesday 20th lasted only till next day - Wed 21st. The current running timewave is downwards (with mostly sideways action)will end now on Tue 27th Dec. Exact time of end I will share here on Tuesday.
Hi All, The current running sideways movement with downward bias in Nifty will end on 27th Dec Tuesday. There is no point in taking either short or long position right now. This period will favour option writers only, they will eat premium on options on both side. It would be better to go long on Tuesday, 27th Dec in January series. Regards, Pankaj