TATA MOTORSCHART SHOULD LOOK AS GIVEN BELOW:
TATA MOTORS BEING IN BEARISH WOLFE WAVE . NOW AT A VERGE OF MAKE OR BREAK POINT.
i) GREEN LINES ARE THE EXPECTED SUPPORT POINTS
ii) RED LINE IS THE TARGET LINE
iii ) BLACK LINE IS THE DERIVATION OF PARALLEL CHANNEL DRAWN TO INDICATE SWEET ZONE
AND THERE IS A GOOD CHANCE OF VIOLATING THIS BEARISH WOLFE WAVE BY GETTING IN TO THE SWEET ZONE (Heading towards 220), BECAUSE OF A PENDING BULLISH WOLFE WAVE WHICH WAS IDENTIFIED EARLIER. ORELSE I HOPE YOU DIDN'T MISSED POINT NUMBER 2.
LINK TO THE PREVIOUS CHART BULLISH WOLFE WAVE FORMATION IS BELOW
Physics
NIFTY OUTLOOKThe gaps which are represented in different colours are the gap zones.
i) 11910.15 – 11934
ii) 11971.80 – 12023.60
iii) 12053.95 – 12070.35
iv) 12126.55 – 12157.90
We shouldn’t be expecting the market to rally high with the gaps currently present in the charts. And eventually it will get filled up. And 11900 Level is not all surprising for me.
And In the NIFTY MULTIDIMENSIONAL VIEW (4TH POST, 13/09/2019).- Link has been posted below. We can see there is a time zone laying yesterday and we could expect Nifty rallying towards the marks by today or 2nd Jan.
As sometimes logic fails in the bullish market.So please be cautious while trading futures and options.
I would be later updating all the explanations in the comment section for now the chart is just to bring the facts to our notice.
Note the chart should be adjusted to get the following view
Nifty Multi Dimensional ViewDalal street was expecting the annual report from the MoF on July 5th under Modi government 2.0. But it turned to be disappointing for the traders, and the market fell down leaving a foot print of bearish engulfing pattern on Nifty. And that’s when the wave started. Viewing the chart as a space and time curvature. As soon as it was about to retrace at its 78.6 level on 5th August there was an announcement FM to meet industry leaders to fix economy. On 8th RBI tried to boost by cutting Repo by 35 bps. But despite these something was lacking , It was the time rule adherence. On 23rd August when the downtrend was about to touch the 5th time retracement, On 20th evening the FM made all the positive news announcement needed.. Each and every particle in this world has to follow the rule of physics(SPACE & TIME CURVATURE), We can’t escape it. Now that nifty has formed a wolfe wave in the mean time& just recovered from the sweet zone with Chinese stimulus (was also helpful after recession 2009).With Chinese Stimulus this wave is going to be aggressive with gap ups,this would take a little more time as 11100 would act as a hindrance and then 11800. And this could be seen earlier when the NIFTY breaksout the triangle formed recently.
Remember, First the market would and then the economic indicators would gradually become right.
Happy Investing
NIFTY MULTIDIMENSIONAL VIEW (6TH POST 20/9/2019) EXPLANATION IS BIT LENGTHY :
Everyone Seems Worried with a great amount of negative news floating around.One good thing about news is that they change every moment.Even Warren Buffet rightly said in this modern digital era accessing information is easy but avoiding noise is difficult.
Nifty broke the triangle pattern in daily chart and many don't find any reversal zone nearby. The thing I have mentioned many times earlier that market should not be seen as a linear function,that it should be seen in multi-dimensions which means "A Required Price at the correct Time".
When there is a wave created it has its own gravity and the gravitational orbit that gives shapes to the next other waves. Let me simplify this if nifty moves from a point to another many people ride in the wave with many expectations and their reaction to the near future movements. That's how Elliot wave theory has its own moving theory such as 3rd wave is the largest if not then 5th would be the largest,2nd & 4th wave must retrace up to this level etc. Even Wolfe wave has such theories.They have very strong reasons to it and years of research involved in it.So be proud if you have knowledge about it.
I see waves as an axis of a celestial object and try to draw its gravitational waves.The size determines the size of the object and the angle of the wave the gravitational waves. And magically the next wave tries to revolve around it. If it escapes there would be definitely a bigger body the price particles is going get hooked in to that.Well you don't need to look it into that complicated way. One should go for KISS(Keep it simple silly).
When there is short term is to noisy its better to view it from higher TF to cancel out noise. And by viewing from Weekly chart I don't see any major movement happening and happily a space can be given to nifty for 10550 level and by time zone the next week 23rd to 27th SEPT would be crucial for this trend. May be few major changes globally or domestically would be introduced in few weeks or any other possibility. But I hope it would stay in the lined gravitational wave.Any new possibility is difficult to draw beyond 10400 level and until and unless this low between 10500 & 550 is confirmed.
Currently the economic scenario is bad no doubt but it is not at worst. All are expecting it to be at worst condition sooner or later. Actually many figures reveal that economy never revived in a better way after 2008. We are yet to see a bull run (I seriously don't know when but it will).
The angle at which the nifty is making high to high and low to low that's is decreasing giving a clear indication of the decreasing velocity and direction.If we do the math behind it then i get a whooping "10000 for NIFTY". But whenever a particle is moving in order to change direction in opposite direction there would be a point where the velocity becomes zero.So we can expect a early signs of major downside reversal.Concentrating on entanglement theory awareness and crash are entangled oppositely whenever you are aware about it that doesn't happen and vice-a-versa.
And By theory of uneven returns previous October wasn't good so this time hopefully it turns good.First the Financial Markets then the Economy would gradually become good.
This is just a study and clearly doesn't indicate any target or advice.Dotted lines are the predicted time for reversal of trend, where 0 & 1 is user defined and the above numbers are predicted referring a particular wave. Please adjust the price bar in order to view the curve fit properly.
SAIL (PRICE TIME AND TREND ANALYSIS) SAILSAIL ! No doubt is a worst performing PSU for few trailing years.Its because of the heavy capital involved in the nature of business and of-course the government interference that has done enormous injustice to the stock. Now talking technically with a few months time view, a small bounce is expected with a peak to be created near to 17th OCT 2019 and then again a downtrend can be seen in the stock. The reasons for the stock to rebound to the level of RS 35.45 is, as it has recently touched the ARC retracement and the sweet zone reversal from the WOLFE WAVE it has created.
NIFTY MULTI DIMENSIONAL VIEW (5TH POST)IN my previous post(NIFTY MULTI DIMENSIONAL VIEW (4TH POST , 13/09/2019) i have mentioned (When the trend is nearly around 30 degree or less from the prior low of the bigger downtrend low, generally breakout occurs. There are many time zones laying here.)
And this chart is the follow up of all time zones and levels that i didn't disclosed in my last post. Each and every move was already predictable and the cherry on the cake was a bullish Wolfe Wave that formed from yesterday 11 AM to TODAY morning 10AM.
(Dotted lines are the predicted time for reversal of trend, where 0 & 1 is user defined and the above numbers are predicted referring a particular wave.)
From now onward charts would be updated after market hours. And would be mailed before market hours to the followers in their mail ID.We wont be using open platforms for predictions disclosure.
Happy Investing
Nifty Multi Dimensional ViewMy teacher once told me, Gap ups or down must be taken seriously. Imagine the nifty as a particle and in the price path it went missing, giving no clue how it reached there or how it was about to reach there. At that particular price levels we don’t know how many buyers-sellers and who all are stuck. May be they will not accept the loss so easily when they were not given any chance to recognize the trend early and wind up their position. They will definitely react.
I see Gap ups or Downs are like Black Hole, which you use as a gateway to enter a completely new world and come back, but the particle in-order to survive or pass through must have a good velocity (NIFTY – PREFERABLY ABOVE 0.13%) at the event horizon or else it will leave the gap unfilled and retry to fill it again.
We can see a gap down of almost 65 points at 11030 level and Nifty trading near to that but while approaching even the second time it lacked the velocity. Surprisingly at 10849 levels there is a gap up of 30 points creating an assuring conditional probability for Nifty to reach there before going for an upward voyage. Almost everyone is bearish on 5 to 15 Minutes Chart but believe me you need to wait till TOM 9:40 A.M before being too sure about the movement or taking position.
Time retracements of the previous low to low have already indicated the reversal at 15:10 P.M (Friday). And the low to high indicates a reversal at 9:40 A.M (Monday). And if this works out right then the low is expected to be created on the next day, which would be reversal point as well. And this fall would determine when would be the next move for the upward gap. A gap down would make the assumptions more accurate.
If the market open with a gap up above 10965 then the computation would be quite less as we can go for short at a first reversal sign with the high of previous candle as stop-loss.
Time plots are in different colour for better understanding. Dotted lines are the predicted time for reversal of trend, where 0 & 1 is user defined and the above numbers are predicted referring a particular wave.
NIFTY MULTI DIMENSIONAL VIEW (4TH POST , 13/09/2019)Its a day chart as all 15 mins predictions are done (Refer to my previous posts on Nifty).On FB ARC its has just retraced today from 0.618 Level. I always insist on ARC because it well adjusted with the Space and time ie. The support and resistance(Price levels) changes with the time and that's really Important.
Coming to the chart It has just touched 0.618 today (after publishing may be it wont look so please adjust zooming in-out or adjust the price bar for a clear look).As everyone is bearish on Hourly charts they are right to a very great extent with a target of 10850 Level with in nearly next 3 sessions.
But in my previous post I have insisted many times not get into any longer duration buy or short position on 13th Sept because there are few reasons to it. When the trend is nearly around 30 degree or less from the prior low of the bigger downtrend low, generally breakout occurs. There are many time zones laying here.
Its not a failure that you are doubtful about the short term movement.But its definitely a intelligent decision when you know that you don't know and avoid taking position. So from my side today no time predictions for any reversal.(Refer to my previous posts on NIFTY MULTI DIMENSIONAL VIEW)
Trading Advice : Short position may be initiated with the high of the previous candle.
(Dotted lines are the predicted time for reversal of trend, where 0 & 1 is user defined and the above numbers are predicted referring a particular wave.)
NIFTY MULTI DIMENSIONAL VIEW 12/9/2019The day is expected to be a bit volatile. As nifty was in WW one should not be surprised if Nifty tries to touch the level of 10980-10940 level(Refer my previous chart of NIFTY MULTI DIMENSIONAL VIEW to see the reversal timing assurance, it is pinned in this chart, it will show you the prediction of the past 2 days). The velocity of the Nifty has decreased a lot in the last 3 days. One should avoid taking any decision for any long term position in either long side or short. On 12/9/2019 the Nifty's reversal point stands to be at nearly around 11:30. In daily Chart there is still space left for 80 points which would be of-course a point for make or break because on daily chart the reversal zone are nearly around 12th & 13th September So please sit tight and avoid speculating. Basically one possibility could be Nifty can show a bearish sign in the opening and around 11:30 it could show a upward reversal, but the velocity remains an important factor.
Time plots are in different colour for better understanding. Dotted lines are the predicted time for reversal of trend, where 0 & 1 is user defined and the above numbers(2,3,5,8,13) are predicted(system generated) referring a particular wave.
IBULLHSGFIN IN WOLFE WAVEIBULLHSGFIN is in Wolfe Wave .And after taking a conservative approach, it even avoided going in to the sweet zone. It has recently retraced from the ARC level of 1.618.The upward bounce could be of near to 100 PTS or less for short term.However the major bullish move could be seen after 18th November 2019 at 5th Time retracemnet. Fundamentally that even makes sense as many stimulus been triggered for banks and NBFC's , and the FM is about to take measures for infra sector by meeting infra sector leaders in the upcoming weeks. And any positive move would roughly take to makes changes in the above mentioned time frame only.
HDFC (WW - SPACE TIME)HDFC has been a roller coaster ride for past few months. But surprisingly a wolfe has been formed in the mean time with a target of 2236 and next or 2400 in long term. But in the short time the filling of the small gap in-between 2058 and 2071 would have indicated a healthier growth (Not necessarily because from last 8 trading sessions it has been respecting the 50% level ie.2084 ). By filling the gap it would also touch the retracement at 61.8%, again a good sign.
If the low of 23rd august is broken and new low is created, then the stock has to stay in the downside for a long time even-though the market would be doing good. So most probably it will bounce back from the current level and match up with upcoming market after Chinese stimulus infusion.And focusing on the time retracement as the top has been created at exactly 2 and 5, a new peak can be expected in between the 5 and 8.