pankajvw

pankajvw

BankNifty follows the same timecycle as that of Nifty, so whatever buy/sell I share on my Nifty post, please apply to BankNifty. The BankNifty will also remain downwards till 2nd Feb and levels to look forward to are 19472, 19384 and 19258. Please be very very careful with OTMs. Trade only in future.

pankajvw Updated 

Hi All! Captured above are Fibonacci levels for BankNifty. BankNifty has already nearly achieved 9.786 extension. Monday 30th is a possible turn date as per Timewave. Stay tuned and keep following for realtime market updates on where it is headed.

pankajvw Updated 

Hi All! As you can see in the chart above, Nifty is currently at 0.618 projection level. It has already achieved all levels previously shared by me. 30 Jan is a possible turn date. Please stay tuned and keep following for realtime market updates on where is Nifty headed next.

pankajvw Updated 

We all start trading thinking that we will become at least rich if not super rich. But how many of us really are able to achieve he goal we have had set for ourselves at the very beginning. We read books after books on Value investing, Technical Analysis, Elliott Wave, so many other indicators, follow blogs and forums, and yet many of us still feel as if we are...

pankajvw Updated 

Hi All Good Morning! All previously shared levels on our long position have already been achieved and in this MT wave this position is in 230 points of profit! With turning date on Monday 30th Jan, the next two levels to look forward to are 8673 and 8767.

pankajvw Updated 

Good Morning folks! SGX Nifty is at 8517 up 31 points as of writing and I am all set to recover my 135 points loss which I made from 13th Jan onwards. Before that from 27th Dec I had made 375 points profit, and by 30th Jan, I am only going to add to it. Today is expiry day, so if anyone is holding Jan series options/futures, please rollover at any time during the day.

pankajvw Updated 

Tue 24th Jan 2017 Nifty View Hi All ,Good Morning! Nifty is up at least till 30th Jan and first two possible levels are 8540 and 8606. One shall go long at the opening in deep in money options or future of Feb series, and if holding Jab series, then roll over on Thursday. Yesterday short term Timewave indicated down move has ended and we immediately closed...

pankajvw Updated 

Hi All, Now finally Nifty has given a clear indication, and now its surely down till tomorrow, 24th Jan, the expected levels to be achieved are 8290 and a bit further down is 8243 as per Fibonacci ratios shown in the chart below. Short Nifty at the opening, maintain TSL at 8430 NS. But now its guaranteed down.

pankajvw Updated 

Nifty will remain upward till 24th Jan 2017 But the movement will be sluggish. Today at 11:38 AM, one can go long in deep in money call option or future. (in case of BankNifty only future). Targets to look forward to are 8488 and 8515 Nifty Spot. Stoploss is 8370 Nifty Spot.

pankajvw

Hi All ,Good morning! Thanks for all your inputs folks! I will find out a good tradeable trade and get back to you, will of course broadcast it to telegram and update the post here. In the meanwhile let me answer a few commonly asked questions. The current issue: Well there is nothing wrong in calculations. As most of you already know I use intraday/short...

pankajvw Updated 

Wed 13 Jan Nifty View Good Morning Guys! So the turn date has arrived. Today at around 10:30, Nifty will complete its downward time cycle which it started on 13th Jan, and will be upward till 24th Jan at least. Nifty from 13th Jan  did not do much in terms of price retracement, it was just a time correction. In such markets OTMs loose money, and that’s why I...

pankajvw Updated 

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...

pankajvw Updated 

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.

pankajvw Updated 

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.

pankajvw Updated 

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...

pankajvw Updated 

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...

pankajvw Updated 

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.

pankajvw Updated 

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