nifty may proceed towards the hurdle zone( new margin rule how affects market a little concern) my call for nifty was when it was in 16500-16600 zone. It has resulted fantastic returns to my followers. after so much rise with in few days mood in cautiously bullish now. this wave has prolonged already. But where nifty will end this wave very difficult to...
right at the target. Bull run continues. it may cross 17100 soon. don't forget to like my post. follow me to get updates
and reacting there and has retraced a little. well it is normal profit booking at my target before resuming up trend. How is my call? where are the bears? don't forget to like my post. follow me to get up dates.
All the bears must be in a hurry in covering their short positions. How was my study? I pick the nerves of indices and stocks accurately. don't forget to like my post. follow me to get updates.
If it can expect further move upward. Go through my previous post. only at the end of the day we can know. don't forget to like this post. follow me to get updates.
Is it a perfect instance to trap the bears? It is too early to tell but it appears to be. false break down of IMP level in the chart. But nifty has reversed , watch my earlier post. don't forget to like my post follow me to get updates.
No change still now, but move yes possible today or on Monday Incase of indices we do get a move after two days of pause. Nifty is still holding to the critical level shown on the chart. How ever recent development in Afghanistan raises little concern. Hence to be watched carefully how Asian markets are reacting. But we should remember decline is stock market due...
It is NR7 day today, we can have major direction with in short period. If we study minutely Nifty has just retraced 23.6 percent of up move from 4 to 5? in the chart and there is no over lapping of waves the trend is clear here unlike bank nifty. It is forming higher low through out. Sectoral rotation is taking place beaten down stocks have started to...
Today bank nifty rallied from around 35079 to 35779. Divergence is seen between price and oscillator. Some pull back might be possible, before continuation of up trend. Hence long position should be initiated when uptrend takes place after the pull back. How was my yesterday's call ? don't forget to like my post. follow me to get updates. Present strategy is to...
It has to come over this. 200 period resisting bank nifty it is quite natural. let us see when it over comes it. with hdfc bank and sbi it may over come it soon. don't forget to like my post. follow me to get updates. visit my twitter page given in below link.
please go through my yesterday's post. has touched perfectly the target.
In hourly chart it is in over sold condition. It has retraced 68.6 percent of recent rally. It may bounce as dollar is cooling down in us market. probable directions shown in the chart, don't forget to like my post. follow me to get updates. It is almost midnight not writing much. My twitter link is given below
I am watching it. now not wise to bet at the late stage of rally Those who have bought it for them it may be the target. I won't advise fresh entry at this stage
the channel drawn by me suggests the end of 5 th wave in daily time frame. Nifty crosses a critical level and touches the channel and falls back through the line on Wedness day On Friday nifty had gap down opening and open was equal to low. This type of set up had it occurred after long down tend it would have indicated trend reversal.In this case down tend has...
Please recall my previous post. It appears this 5th wave may be the largest of ongoing 5h wave of the larger degree. yes may be larger than wave 3. Friday Dxy(us dollar) decline may fuel the equity market on Monday. we can see again metal rally due to decline in Dxy. India is now best performing market in Asia pacific region. Reliance may start to perform...
Has broken the trend line. It appears today is its day. it is simply not ready to obeying . let us see how far it can go.
watch my previous call. target reached with in 30 minutes. don't forget to like my post. follow me to get updates.
it appears it may over come it today. when nifty is bullish if only bank nifty contributes then nifty may reach much higher levels. please wait when it breaks the trend line. don't forget to like my post. follow me to get updates