Hi All! Look at the setup in the chart. keeping 8225 as a tight stoploss, one can target 8325 on Tuesday. Reward Risk ratio greater than 8. Enter right at the opening on Monday tomorrow. Methodology used: Timewave. Keep following for further updates on this. Regards, Pankaj.
CNX IT chart shows a wonderful performance overall, and its sharp fall on Friday is just an aberration. Once Nifty completes its upcoming downfall, IT stocks could be heavily invested in.
Biocon is great in comparison to Nifty. Buy it after Nifty completes its next upcoming downmove, not now.
A weak stock, it has just retraced it fall in Dec month, and wil fall again with Nifty from Tuesday. Stay away from it.
Jet airways must be ignored or shorted. Its relative strength in comparison to Nifty is very poor. When Nifty will fall on Tuesday, it will lead the fall. Evn after the fall is Nifty is completed, this stock shall not be bought!
Asian Paint's relative strength in comparison to Nifty is poor. While Nifty has crossed above its Dec high, Asian paint has only retraced it. The stock is poor and is not worth investing in, especially when Nifty is going to fall from Tuesday onwards. Even when Nifty will complete its downward Timewave, this stock is not worth investing in as it will...
While I have not checked Timewave for Maruti, but on a relative strength basis, this is quite a strong stock and is holding Nifty up! So whenever in the next Timewave Nifty starts moving up, stock traders shall buy this one. Regards, Pankaj
Scenario 1 : You go long, keep a strict stoploss, have a target in mind after a proper study. Market first hits your stoploss and the goes up as per your study. Sigh! Scenario 2 : This time you go long, set a loose stoploss, market does not do much for a couple of days. You give up and exit. After that market goes up! Scenario 3 : This time you decide to be...
We are pretty close to our first target of 8227, even second or third might be achieved by 10th Jan. Follow me for very clear, consistent, and serious tradable advice. Most people were bearish or were waiting for a breakout/breakdown for further confirmation. Death cross, upper resistance line, channel breakdown, negative divergence, FIIs were net sellers, but...
The Amazing Timewave is always a step ahead than the rest. Yesterday it predicted a sluggish day, and so was it! In the last part of the day it predicted downside is limited, and SGX 0.50%Nifty 1.02%is at 8230.50 up 32.50 points. In sluggish environment, every other system remains confused on what markets will do and keep generating signals on either side, and...
Good Morning! Yesterday we went long at 8180 NS, target date is r0 Jan, TSL is 8120 NS. Fibonacci levels to expect on the upside are: 8328, 8379 and 8444 Nifty Spot.as shown above in chart SGX Nifty as of writing is at 8201.50 up 17 points. Regards Pankaj
Nifty is down till 10 Jan. Stoploss - 8190
Hi All, wishing you a very very happy new year! So as I had indicated in my erlier post the Fibonacci target was almost met on 30th Dec, and also we have arrived at possible turn date as per timewvae. . Today's price action will decide of the nature of things to come. If today (2nd Jan) is a down day, then Nifty will continue its upward momentum in coming...
First look at how exactly on 27th Dec - the turn date predicted by Timewave - Nifty started moving up and on 29th, Nifty has again ended 74 points up, and again on 30th 82 points up leaving no doubt that it will continue upward for some more time. Timewave wise date is 2nd Jan. So If astrology works so accurately, why a common man on the street starts smiling as...
Nifty Timewave Update As predicted Nifty turned upward exactly on 27th Dec And I had said up atleast till 2nd Jan Nifty every day is jumping 70-80 points! Wish you all a very very happy new year!
So now we are long till 2nd January, lets have a look at possible Fibonacci targets. 8127, 8190 and 8271. Timewave will surely blow your mind with its repeated accuracy! Thanks for following and clicking the thumbs up button!
Nifty reversed its direction today as indicated in previous post. Now Nifty is up till 2nd January. Price target to be communicated later ( I have to calculate those).
Good Morning! Nifty Spot CMP: 7908.25 SGX Nifty: 7922 up 11 points So, as I have indicated the fall would continue till 27th Tuesday, Nifty is down significantly now, and 27th has arrived. Today after 1:30 PM Nifty shall complete this downmove, please wait for final confirmation. Buy in January series. Thanks!