NiftyforAll: November 2014

Saturday, November 29, 2014

Weekly Review - 01.12.2014

Dear All,

>>> NIFTY - Monthly Chart <<<

Wave 1 = Wave 3. Exactly a 4086 Points Rally has been completed since 4531. So till Friday 8617 is a 100% completion of Wave 1. Until we get a solid break down - the rally may once again keep continuing. But remember all the divergence are negative and if there is a correction - it can be a dangerous and damaging fall. Caution advised

>>> Nifty - Hourly Chart <<<

Looks like Price topping out. GDP Data released on Friday and RBI Policy on Dec 02nd - may give a lot of volatile next week. Interesting week ahead. Lot of discipline needed protect your capital. Though we remain on short and will continue to add position.

>>> Bank Nifty - Hourly Chart <<<

How many of you can believe that a Major index like banking index can move up with a negative divergence nearing to a month. If you don't believe, its a fact. Major fire works may happen post RBI Decision. Lets wait for it.

>>> Weekly Chart Performance <<<

>>> Ashok Leyland - Happened <<<

Updating about Ashok Leyland for last 2 weeks and finally We booked on our first Target at 50 with a Bumper Profit of Rs.66000. Price hit a low of 48 also.

>>> Yes Bank - Happened <<<

Last week we had a sell call on weekly review to sell Yes Bank. As expected a low of 671. We had a part booking at 680 with a profit of Rs.10,000 and hit SL @ CTC.

>>> Stocks for Next Week <<<

>>> ICICI Bank - As Updated on 25th Nov, 2014 <<<

Above chart was updated on 25th Nov for a Sell call. Later we booked also @ 1710 with a Profit of Rs.10,000. But on friday rally - Price moved up. So whats next !!!

>>> ICICI Bank - Happened and Yet to <<<

Above hourly chart - looks like - Price on a last leg of upmove. If this is not wrong - then expect a good correction. If you are short in this stock as per our previous update, continue to hold it. Though we have an RBI decision on card - Keep shorting on every rise. Expect a good fall next week.

>>> Apollo Tyre <<<

Yes, We are short in apollo Tyre. Keep Selling on every rise also. Cheers!!!

>>> Performance for the month end of Nov, 2014 <<<

Send email to niftyforall@yahoo.com for more details.

Friday, November 28, 2014

Resistance @ 8512 & Support @ 8430

Dear All,

Lets wait and see how the Support & Resistace violated on either side.

Wednesday, November 26, 2014

Support @ 8430

Dear All,

>>> Nifty <<<

8430 - if breaks then fall may continue.

Tuesday, November 25, 2014

Failed to Hold 8500 !!!

Dear All,

>>> Nifty <<<

Failed to hold 8500 and the Ascending expanding triangle break out also. We need more confirmation to find out next move. Lets wait and watch.

>>> Ashok Leyland - As Updated on 17th Nov, Weekly Review <<<

We wrote on 17th Nov, Weekly Review to Sell Ashok Leyland @ 56 onwards. See what happened today.

>>> Ashok Leyland - Happened <<<

Its a Real Jackpot for Us. We are short from 56 onwards and we booked our First Target today at 50 with a Jackpot of Rs.66000/-. Price also touched a low of 48. Get ready for more fall, Keep selling.

>>> Yes Bank - Updated on 22nd Nov, 2014 <<<

Wrote on last weekly review to sell Yes Bank with reason. See what happened.

>>> Yes Bank - happened and Yet to <<<

As said - Price started breaking down. We booked some part profit of Rs.10000. Break below the neck line may trigger more fall. Keep Selling on every rise.

>>> Bata India - As Updated on 20th Nov, 2014 <<<

Wrote on 20th Nov, 2014 to Sell bata india below the support line. See what happened.

>>> Bata India - Happened and Yet to <<<

Broken the second support line - Expect more fall.

>>> ICICI Bank <<<

If unable to cross above the top Channel - the a correction is un-avoidable. Just Sell.

Monday, November 24, 2014

8598-8600 may Resist

Dear All,

Nifty above the first Resistance - Looks like momentum is still on. So lets wait for the 2nd One.

Saturday, November 22, 2014

Weekly Review :- 24.11.2014

Dear All,

>>> NIFTY <<<

An unexpected Rate Cut from Chinese Central Bank - Hawkish comment from Draghi - Expectation fuelled Nifty to rally to new high near 8490. From 03rd Nov to till date - Nifty continue to trade inside the Ascending Expanding Traingle or say - its Struggling inside it. 8490 or the Channel top may give a tuff Struggle for bulls once again to cross above it.

To be clear - Many stocks have stopped participating with Nifty's upward journey in the last week. So wait and watch for next move - next week.

>>> BANK NIFTY <<<

After breaking out the channel 13th Nov, till last friday - Price continue to rise for a 5th extended wave and resisted last friday. Looks like the 5th wave completed. Lets wait for the next move.

>>> Stocks Performance - Last Week <<<

>>> ColPal - As Updated Last Weekly Review <<<

Wrote clearly last week about colpal - its a Red Doji on top - Sell and earn it. See what happened.

>>> ColPal - Happened and Yet to <<<

Just in a Week - we made a hand full of Profit Rs.13750. Out First Target 1900 reached form 2010. Still stocks looking for more slide.

>>> Ashok Leyland - As Updated Last Weekly Review <<<

AshokLeyland was a Jack Pot Call we wrote about it Last Week. If you have shorted it, then you must have made a Big Money. See what happened.

>>> Ashok Leyland - Happened and Yet to <<<

We had a Part booking @ 53. Lot size is 11000. Price reached a low of 51.70. More fall on card. Sell on every rise. Get ready to make tonnes of money soon.

>>> CESC - As Updated on 17th Nov, 2014 <<<

Wrote clearly on 17th Nov, looks like a Head and Shoulder formation on chart. See what happened.

>>> CESC - Happened and Yet to <<<

We booked @ first Target 720 with a Profit of Rs.15000. If the price break the neck line, just imagine the fall and the profit. Get ready to count your tonnes of money soon.

>>> Andhra Bank - As Updated on 19th Nov, 2014 <<<<

Andhra Bank also we wrote to sell on 19th Nov at 89. See what happened.

>>> Andhra Bank - Happend <<<

Price reached 84 next day with a Profit of Rs.20,000.

>>> Bata India - As Updated on 20th Nov, 2014 <<<

So far we have booked Rs.10,000 and still looking for more fall. Keep selling on every rise for a good fall in coming days.

>>> Yes Bank - As Updated on 20th Nov, 2014 <<<

We have short Yes Bank on last Thursday - Same day RBI have give a green signal to FII's for buying Shares in Yes Bank. Thanks for many of our blog readers who have send email to us regarding the same on thursday evening itself. We also exited with Loss and Sold again at higher level. Why ??? See the below given chart.

>>> Yes Bank - Happened and Yet to <<<

Above hourly chart - first broken the channel and next day jumped and touched the channel again. Looks like a head and shoulder if unable to cross above the resistance line.

Ok apart form technicals there is a news also. You all must have heard about KotaK - Ing Vysya Bank Deal. Here is the news which i feel as a bad news for Yes Bank.

Kotak Mahindra, with total assets of Rs.95,430 crore on a stand-alone basis, was behind Yes Bank Ltd’s Rs.1.16 trillion of assets at the end of September. The acquisition of ING Vysya Bank will take Kotak Mahindra Bank’s assets to Rs.1.6 trillion, giving it a sizeable lead over Yes Bank.

If the above news if not good for Yes Bank - then lets see what will happen next Week. Come Les't Celebrate the fall and enjoy. Cheers!!!

>>> Performance till 21st Nov, 2014 <<<

send email to us on niftyforall@yahoo.com for more details.

Friday, November 21, 2014

Crude Oil - Buy Triggered above 4720 - Target 4820 & 4890

Dear All,

>>> Crude Oil - As updated on 18th Nov, 2014 <<<

Wrote on 18th Nov, 2014 to Buy above 4720.

>>> Crude Oil - Happened and Yet to <<<

Yes Buy Triggered Now. Get Ready for 4820 and 4890. Just buy and Enjoy the rally. Cheers!!!

Thursday, November 20, 2014

Final Destination - Only below 8350

Dear All,

>>> Nifty <<<

Broadening - Ascending Wedge - as given above - Is just a clue for a Bear entry. We need more confirmation, like a break down below the wedge. So lets wait for it.

>>> Andhra Bank - As Posted Yesterday <<<

Wrote Yesterday to Sell Andhra Bank - See what happened.

>>> Andhra Bank - Happened <<<

Hit First Target with a Profit of Rs.20,000/-

>>> Bata India <<<

We are in Short, and had a Part booking also. Still more room for good correction. So Sell on every rise for a good fall.

>>> Yes Bank <<<

We have shorted Yes Bank today. Just Sell Yes Bank on Every Rise. Good fall ahead. Cheers!!!

Wednesday, November 19, 2014

Copper - Update - Buy More above 417. Target 425 and above.

Dear All,

>>> Copper - As Updated on 11th Nov, 2014 <<<

Wrote on 11th Nov to Buy @ 412. See what happened.

>>> Copper - Update - Happened and Yet to <<<

Now add more lots above 417 for a Target above 425. Cheers!!!

Broken 50HMA - 8350 to Decide.

Dear All,

Looks like the channel holding. 50hma broken. 8350 if holds, then upmove to continue. Below 8350 correction to resume.

>>> ASHOKLEYLAND <<<

Sent on Nov 19, 2014 09:37:37 AM ****N4A-STOCK-UPDATE**** ASHOKLEY near 53 Sell Triggered @ 56 on 13th Nov, 2014. Book Part Profit 11000x3=Rs.33000(Aprox).http://niftyforall.blogspo t.in

>>> CESC <<<<

Sent on Nov 19, 2014 09:43:33 AM ****N4A-STOCK-UPATE**** CESC near First Target 720. Sell given @ 752-50 on 17th Nov. Book Profit 500X30=Rs.15000. http://niftyforall.blogspot.in

>>> CIPLA <<<

Sent on Nov 19, 2014 10:16:43 AM ****N4A-STOCK-UPDATE**** CIPLA Near First Target 600. Sell given @ 639 on 11th Nov. Book Profit Rs.19500/- http://niftyforall.blogspot.in

>>> COLPAL <<<

Sent on Nov 19, 2014 11:09:58 AM ****N4A-STOCK-UPDATE**** COLPAL 1925. Sell given @ 2000-2010 on 13th Nov. Small Traders Book Profit 125X85=Rs.10,625/- http://niftyforall.blogspot.in

>>> Note :- Above Calls on ASHOKLEYLAND - CESC - CIPLA & COLPAL - Has been discussed earlier with charts and Booked Today with Good Profit. CIPLA AND CESC - Closed today, Since the price met the first Target. Ashok Leyland and Colpal - remain Short for more fall in days to come. You can also refer these chart in our previous Post since Last Weekly Review <<<

>>> ANDHRABANK <<<

We are short in Andhra Bank from 89 Level. Made a Part Booking @ 87 for a Profit of Rs.8000. Price made a low of 85.80. Above chart shows the -ve Div and broken the trend line for a clear selling. Just sell on every rise - More fall ahead. Cheers!!!