Tue 17 Jan Nifty View
Hi All!
Wed 18 Jan (tomorrow) was strong support for Nifty , it was Sun’s support to be frank, and Nifty through its sideways action and slightly upward bias is trying to avoid it. Thus the strong support will now become a resistance! And Nifty afterwards will go down for a longer duration and a deeper level than initially thought.
So the...
Good Morning Guys!
From 27th Dec to 12th Jan, Nifty gave a marvelous impulsive upmove, and Timewave booked 375 points of profit.
Now we are short from 8400 level, and Nifty will remain down till 18th Jan Wednesday.
This is a retracement move of the impulsive upmove. Targets are 8320 and 8298
New short positions can be taken at 8400 level.
Hi All,
So yesterday our third target 8444 was nearly achieved and we shorted at 8397 Nifty level with initial stoploss at of 8450 yesterday. The next turn date is Monday 16 Jan and is likely to be skipped by Nifty. First initial level by then to expect is 8308 NS.
Hi All, Good Morning!
Stop Nifty, stop! And lets trap the late entrants!
Today Nifty is very likely to achieve the third and last target 8444. Today being the turn date, Nifty will complete its upmove around 14:56 and start its downward journey.
So two actions, first lets exit at level 8444 around , second after confirmation, go short. Stay tuned to Telegram for...
So as you must have noticed on 2nd Jan itself Timewave had predicted Nifty will remain upward at least till 10th Jan, and look, in spite of FIIs selling throughout, some trend lines being broken, so many bearish views from fellow traders and analysts, negative news flows, Nifty slowly and steadily kept moving upward exactly as predicted by Timewave.
Today Nifty...
BankNifty follows the same time cycles of that of Nifty. BankNifty for past couple of days had been underperforming Nifty and is a perfect shorting candidate.
However do not be in a hurry, short it on Tuesday, 10th Jan, once I confirm Nifty has completed its current running Timewave.
Hi All!
So the possible turn date has arrived. Nifty will ‘possibly’ turn down only after 15:00 today.
If this date gets skipped I will calculate and communicate next turn date .Please stay tuned to my updates here.
Continue to hold long positions with TSL at 8200 NS.
Reards
Pankaj
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
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!
