pankajvw

pankajvw Updated 

Hi All, Good Morning! Thanks to you all for your king words! Today we are ina waiting mode to go long again. Will update here some 10 minutes in advance. Thanks!

pankajvw Updated 

Hi All. If you had been following me here, you must have already been impressed with the accuracy and consistency of my market predictions. How do I do it? Manotrades had asked this question. What software, techniques, indicators and signals do I use? Let me talk about it a bit here: I use only free charts of Nifty and BankNifty from Google and investing.com...

pankajvw Updated 

If you check my posts in past 3 sessions, we have booked 117.5 points in Nifty and currently holding long from 10392 NS and this too is in green. BankNifty has given a breakout above its falling wedge, and Nifty currently still is inside the rising wedge, but shall catch up. Today SGX Nifty is slightly negative – down 19 points, but Nifty and BankNifty will...

pankajvw Updated 

Hi All, S&P did not upgrade India’s rating on Friday evening, and because of this SGX Nifty is down 42 points around currently. As you are aware, news based spikes do not sustain, and in this case too it wont. Within a day or two, Nifty will be back up again. I will simply hold my current position taken at 10392 NS. However if Nifty continued to go down after...

pankajvw

Nifty had been in an ending diagonal kind of pattern and had also given a false breakdown signal but is again back up in the diagonal. Is it really ready to fall? Absolutely NOT as Timewave does not support this view.

pankajvw

After the Big Gap-up on Monday 20th Nov, BN had been in a downward channel where it has completed 5 waves and is also slightly above the channel. Time to look for an upward move again! Please note that my primary methodology is Timewave which is a Vedic Astrology based method to give accurate time based turning points. EW is secondary for me.

pankajvw Updated 

Hi All, Good Morning! Had mentioned 11:58 yesterday, and exactly there, Nifty fell swiftly giving impression to many as if its turning down! But is that really the case? Absolutely NOT! SGX Nifty is flat today morning, so sideways movement will continue for first 1-2 hours. Short Term View: Nifty and BN are up. TSL is 10290 NS and for BN its 25590. Its end I...

pankajvw Updated 

Thu 23 Nov 2017 Nifty View Good Morning Guys! Let me shake the world of technical analysis and Elliott wave once again upside down! Where is Nifty headed? What’s the medium term and long term view? And how to trade it successfully? Is there any analyst out there who can say confidently and accurately before hand about market moves????!!!! Without much ado, lets...

pankajvw Updated 

As a follow up from yesterday's post, today 10:45 is the key. Either Nifty will go down till then or in a sideways fashion will go up till then and the fall. We will simply hold our current position with TSL at 9925 NS. At 10:46 we will exit in case of scenario 1 and tighten the TSL in case of scenario 2.

pankajvw Updated 

Hi All, So the turn date has arrived and its highly possible that Nifty will start going down within first 15 minutes of opening.  And if that happens, the following self explanatory chart shows the most probable path of Nifty in the coming months.  5th Aug is an important date, and if Nifty continues downward journey after that, it will go down till 20th Oct for...

pankajvw Updated 

Many analysts have turned bearish, but the case is just opposite. Ever since 30th June, Nifty had been bullish, and has already skipped two turn dates. And the next one is on Thu 20th. On Tue 18th it just completed 38.2 % of the range shown in the chart, and is ready to go up again. Possible Fibonacci levels are shown in the chart.

pankajvw Updated 

Hi All, SGX Nifty is 10.5 points up as of writing. Fibonacci wise, 9970 is the target. Time wise 9:34 is an important time today , which is likely to provide support and push prices further up. Next possible end time I will communicate as we go along. We are currently holding a long position bough at 9878 with stop-loss at 9850 NS.

pankajvw Updated 

Good Morning All, So the 11 points stop-loss was hit yesterday . Sometimes turn dates may take 2-3 days to take effect. today again there is a resistance at 9:38 AM around and we will short again there after seeing some price action, with a tight stop-loss.

pankajvw Updated 

Today’s (Tue 11 July) summary is captured in the chart and is self explanatory. We shorted at 9809, going forward the stop-loss for this is 9830 Nifty Spot. Overall the medium term target is 9460 Nifty Spot, but as we are trading short term waves, we will be tracking it closely and exit as and when this short term wave ends, (and will ride the next one!). When...

pankajvw Updated 

Tue 11 Jul 2017 Nifty View So while in the early morning today (Monday 10th), SGX Nifty was 22 points down, Nifty gaped up, and continued its upward motion as per short term Timewave prediction! It skipped the predicted times of 10:02 and 11:33 as at those times exchange was down. NSE faced major technical glitch today and the National Stock Exchange is totally...

pankajvw Updated 

Hi All, One short TD2 (= downward short wave) which started from 6th Jul 14:52 was completed next day on 7th Jul 10:06, and this TD1 (= upward short wave) as well will get completed on 10th Jul Monday at 10:02. That would be the time to short. Please see the chart . When will it be completed? Will see and update. In the longer term Nifty is down till Sep end this year!

pankajvw Updated 

Hi All, In medium term waves, actual turn may happen +/1 1 day. For the MT wave starting from Friday 23rd June, today was a turning date and the actual turn happened just a day before. that’s why we went long yesterday. Now Nifty will be bullish till 7th July, and level wise, it will go upto 9650, may even reclaim 9700, but chances are very less that it will...

pankajvw Updated 

Hi All, So we shorted at 9523 NS yesterday with trailing stoploss at 9550 NS. Nifty went down to 9473.25 after that, though it bounced back in the closing hour. This wave is downward till tomorrow, and SGX Nifty too is 22 points down as of writing. So hold this position patiently till tomorrow with stoploss at 9550 NS.