pankajvw

pankajvw Updated 

What we are seeing is basically a bull flag (past 3 sessions) against the big up6move on Monday 27th March.

pankajvw Updated 

SGX Nifty at 10,221 whereas Nifty closed at 10113, up by more than 100 points difference, not counting the premium. so a gap up opening. Already holding BankNifty 5 Apr 24300 CE bought at 201, will buy more at opening. Stay tuned for updates.

pankajvw

Was there really a need for this day? When market fools most people every single day! Follow me and avoid the fools!

pankajvw

BankNifty in the medium term will be up till 12th Apr. I am trading short term waves in the up direction. Had gone long at market closing on Friday. Lets see where it ends. Currently holding BankNifty 5 Apr 24300 CE bought at 201 Rs approx.

pankajvw

The down-move which started from January end is already over on 23rd Mar! Current wave is going up strongly. And it will be up till 12th April! It will cover a lot of lost ground in past 2 months! No confusion! Disclosure: I am already long in Nifty Future since 23 Mar from level of 10195 approx.

pankajvw Updated 

Happy X'Mas and New Year! The way Nfty had unfolded on Friday indicates that even the wave is up, The next turn date is Friday 29th Dec, so till Friday opening its up. SGX Nifty is down 25 points approx. as of writing. This provides an opportunity to reverse the long position if one carried forward. Otherwise just go long at the opening.

pankajvw Updated 

Hi All, Medium Term trend is now down - something which I was expecting from 19th onwards, started from 20th and is now confirmed. When will it end? 2nd January 2018, and new year will bring a fresh new up-trend! MT traders can remain short till then with stop-loss at 20th Dec high. Yesterday, I said, first 5 minutes will decide the trend for the whole day....

pankajvw Updated 

Hi All. Today what Nifty and BN will do for the rest of the day depends on what they do in first 5 minutes after opening. Right at the opening there is a support, which if held, Nifty and Banknifty can scale up to new highs by tomorrow. If broken, Medium Term downtrend has started. Stay tunes for updates.

pankajvw Updated 

Hi All, The medium term up-trend depicted by the arrow on the chart is going to end today. Today SGX Nifty is up 18.5 points and Nifty after the opening will move up till 12:10 around. From intraday perspective, one can initiate long at the opening, with stop-loss at 10360 NS and target 10470 NS till 12:10 PM After that we will short.

pankajvw Updated 

Hi All, Election results day, counting already started and SGX Nifty is up 33 points. The first intraday resistance is around 33 points. One can initiate long at the opening, and can exit around 11:20. After that we will see. Please remain stay tuned to this idea for updates, thanks!

pankajvw Updated 

As BJP is winning in both states, Nifty is all set to give a gap up opening. BUT the retracement wave is NOT over yet. Today at 9:47 around, we will go short again. Stay tuned for updates.

pankajvw Updated 

Hi All, Good Morning! Nifty had turned upward on the turn date of 6 Dec. And first leg - an impulsive leg got completed on 11th December as shown in the chart. This impulsive wave is being retraced and will be completed today or tomorrow. Over all markets are bullish in the medium and long term. Short term traders can short at the opening as SGX Nifty is...

pankajvw Updated 

My bullish view n market has not changed. I am going to buy back the same position around 12:00 noon today. Stay tuned for updates.

pankajvw Updated 

Hi All, SGX Nifty is down 14.5 points currently, flattish I would say. Today whenever this Short Wave ends, we will exit, probably in the second half. And may take a short position as well. This short wave shall take out the previous short wave swing high at 10163 as shown in the chart. ( the horizontal line. Keep following, and hit like button please,...

pankajvw Updated 

Today at the opening I will add to position, will go long in 1 lot in Nifty in Ddec series. SGX Nifty is down 24 points currently, will like to use that opportunity. I did not go long yesterday as these waves are slow to start in the beginning. Rest of the views are same as yesterday.

pankajvw Updated 

Hi All, A turn date always require a confirmation from the short term waves – TD1 and TD2, driven by Mercury and Venus respectively. Today is the turn date and TD2 is ending below. This will make the market turn highly bullish! So continue to hold long position and add more, there is lot of time remaining for expiry.

pankajvw Updated 

Hi All! So Nifty presently is going for  its third support at 9:40 around. This is just a retracement wave as its driven by Venus. And we are still far from turn date. But yes, the fall is severe. One thing which I could have done better here is I could have hedged when supports were being taken out. But because of ongoing sluggishness I was thinking it would be...

pankajvw Updated 

Hi All, Nifty and BankNifty are going for their second support at 1:00 PM today. After that there is no possibility of any further fall and Nifty and BankNifty will scale up for next 4 trading sessions  ( 5/6 Dec)  where a sub major top will be formed. If you want to add more long positions, you can do so at 13:00 today. Current Position: Long since 10385 with...