InsiderB

InsiderB

Hey Guys, I'm not sure how to put this out to you without violating house rules of trading view. But the data discrepancy is so high that every timeframe showing different close values for Nifty. So I thought lets not post for Nifty, lets go n check stocks I went around SBI ,LT and other handful of scrips - same repeats everywhere, LT close was at 1410, come on...

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Acrophobia - Fear of Heights and a fall from the highest level can be dreadful. That's what we are looking in BankNifty, though Nifty & Gold has fallen a bit, here we are still at 20k's at the top almost forming a Double top. Whether this Double top will fail or work - we are unsure about that. This post is insync with our recent post about Nifty & Gold, remember...

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Hope I have explained most of the scenario's within chart itself & the one I missed out is Nifty reaching 8480's n reversing. I tried Elliott's on hourly & its just as bad as it can get, so I simply skipped that, whichever you don;t feel comfortable with - Skip it. If there is any doubts in this chart or other, feel free to drop a comment to reach out. I'm not...

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It can be another movement day in all probabilities but calm after the storm quote will work ? Today's Nifty analysis as simple as reading ABCD. By the time I post pre-markets will be over, though I expect a Gap-Up open, I don't want that to screw up the 8550's level. Nifty may be in bouncy mood bcos of volatility, thanks to all the news event noises. Just 2...

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Good Morning Guys :) All of you are so pumped up & watching a Nail bitting finish in U.S elections then suddenly our very own PrimeMinister Modi came in & changed the scenario with surprise twist by banning 500 & 1000 rupee note. We have lot to discuss today, why discussion not analyzing of charts ?? Well, Check out previous chart friends, We are screaming "...

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How is your saturday going ?! Hope the weekend starting off on Good Note. Today morning I was looking for some stocks to accumulate on medium term (4-7 months). AxisBank was one of them which I kept in radar for past 3 months. Though I'm not sharing about all the stocks in My Portfolio, now its time to post it out for you guys as I did LT a year back, we caught Lt...

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We need to rush through this description bcos there are potential chances arising already. There are 3 components we have used to examine the dynamics of BankNifty, (i) Elliot waves - Simpler the Better (ii) Trendline (iii) Patterns There is no need for you guys to know each n every component for analysis. Just any one of above 3 component is perfectly fine to do...

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BankNifty analysis is going to be real simple one. Bearish Flag formation, so what an ideal bearish flag will do ?! Breakout to downside. There are few things we need to take note here. The first one being the Bearish flag ( which I didn't enter yesterday) so if the shark is working then it will move up a little bit and today being expiry day, if a double side...

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Yes ! Nifty gonna be a test match which is going to test your patience in coming days. Markets opened already, but I'm not altering the analysis which I did for the day, posting it out as it is I did in the morning,No Changes. Hey Guys, Note - this is not single day post, Refer this for coming days probably next 3-5 days. It will be valid for 3-5...

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True to the title, On the days we had gap downs or Ups we face complete ranging market only with chances of scalping,let that not happen today. Yesterday's Nifty price action formed a channel sloping downwards, so we are looking for breakout & scalping chances within the channel. I don't scalp, unless you go with sizeable lots scalping will make your brokers rich,...

InsiderB Updated 

Asking Right Questions leads you to Right Answers ! So here I have 2 Questions : (i) 8500's supported 6 times, Will it Break to make the Gap Theory Work ? (ii) Elliot wave counts within Triangle shows Upside Breakout, will it work this time ? Yes for Ques(i) opens the door for Bear party near to 8k's & if yes for Ques(ii) Opens Door for Bulls to reach 9k's. Now...

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Let's Welcome Samvat 2073 (Trading New-year) ! Any of you did Muhurat Trading yesterday, to acquire long term stocks ? Usually people open New accounts during Diwali ( Muhurat Trading ). People has strong belief it brings them good luck... Great ! Though I never followed that, I appreciate bcos people feel overall confident that Lucky charm is with them throughout...

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Are you guys overloaded with Diwali sweets ? Here is another short & sweet setup in Nifty. You guys are awesome, so just with look over the above chart you might have realized we are looking for Breakout. Though we are bit undecided about direction of breakout, take care of false breakouts with proper stops & quick reversal on opp. direction move. This is the only...

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Let me ask this first, How many of you are frustrated bcos of almost no movement in Nifty ?! Almost we are stagnating within 100 point range from Oct 19th. Intra's will be having chances here n there but positional ones will be irritated to the core bcos of no movement & no trade setup emerging out of Nifty. B's Shopping Theory : Am not sure about the exact...

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Brother's have similar characteristics, rarely they move in opposite direction depending on personal situations. Yes, Nifty & BankNifty only, as of now by looking at 15 min chart with ABCD completion & channeling, Banknifty is similar to previous post on its big brother Nifty. Though ABCD pattern completed earlier, Targets are not achieved yet & its ranging...

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Thank God, there is no typo in the Title I gave. A typo in the title might have looked bad, if you know what I mean ! Here is the plan guys, there will be 2 back-to-back Nifty charts (1) one on 15 min timeframe (2) other will be on 4hr timeframe. If you look at the chart above there is trendlines, Flag & Shark pattern. I don't trade sharks usually more often they...

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There is nothing much to say about Tatasteel guys. Its all in chart :)

InsiderB Updated 

Another Beautiful Morning, Another Analysis,Another Pattern but same idea which we are telling for ages - " Nifty Down Down ". As expected we got into the muddy area, its gonna be really sticky mess in the 50 points range on either side of 8500's. Only a swift move from Nifty can take us out of this zone. I'm not sure why, I don't get the feeling that we will get...