Wednesday, November 30, 2016

Next Resistance @ 8257 & 8337

Dear All,

>>> Nifty Daily Chart - Price Crossed above 200 DMA <<<

>>> Click the chart to see on full screen <<<

Price managed to cross above 200 DMA - shows more rally coming. RSI gave a clear break out. Next Resistance @ 8257 & 8337.

>>> Bank Nifty Hourly Chart - We are Long <<<

>>> Click the chart to see on full screen <<<

We are long with nearly 300+ Points profit. Price gave a clear break out shows more rally possible.

>>> Axis Bank Hourly - Posted on 28th Nov, 2016 <<<

>>> Click the chart to see on full screen <<<

Posted on 28th Nov, 2016 - Axis Bank may rally any time. See what happened.

>>> Axis Bank - Rally Possible - Hold Long <<<

>>> Click the chart to see on full screen <<<

Price should break above the triangle - for a fresh rally and short covering.

>>> SBIN - Ready for Break Out <<<

>>> Click the chart to see on full screen <<<

We are long in SBIN and holding for a Break out as shown on above chart. Cheers!!!

Tuesday, November 29, 2016

Support @ 8140,8104 & 8075

Dear All,

>>> Nifty 5 Mins Chart <<<

>>> Click the chart to see on full screen <<<

Today we booked our Long near 8180 with 200 Points Profit. We are long since 7980. Now 8140 Support if breaks, possibly may test 8104 and 8075.

>>> HDFC - Posted on 27th Nov, 2016 <<<

>>> Click the chart to see on full screen <<<

Posted on 27th Nov, that - after a lot of consolidation - Price may hit the top of the channel - as shown above on chart. See what happened.

>>> HDFC - Booked Profit Rs.17500 <<<

>>> Click the chart to see on full screen <<<

Price hit the channel top and we booked Rs.17500/- Profit. Cheesr!!!

Monday, November 28, 2016

May Test 8154 - 8176 & 8257

Dear All,

>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Price looks highly complicated. 8154,8176 and 8257 may show some sign of relief.

>>> McDowell-N - Posted on 22nd Nov, 2016 <<<

>>> Click the chart to see on full screen <<<

Posted on 22nd Nov, Price made a Break out for a Rally. See what happened today.

>>> McDowell-N Hourly Chart <<<

>>> Click the chart to see on full screen <<<

We have Booked our Profit on McDowell with Rs.25000/-

>>> AxisBank - We are Long - Expecting a Good Rally <<<

>>> Click the chart to see on full screen <<<

Price down for the last wave as 1-5 and if able to cross above the trend line - Expect a Good Rally. We are Long for a Good Profit. Cheers!!!

Sunday, November 27, 2016

Weekly Review 28th Nov, 2016

Dear All,

Software exporters and drug makers led gains in the benchmark S&P BSE Sensex, which reclaimed the 26,000 level after breaking below it on Thursday. The rupee rebounded 0.4% after it breached the record low set in 2013 on Thursday amid a 2.5% decline this month, far less dramatic than the 8.1 % plunge seen in August 2013. The MSCI Asia Pacific Excluding Japan Index also recovered from the previous day’s drop.

Indian equities have been battered this month amid mounting concern the government’s recall of Rs15 trillion of currency notes—or 86% of total bills in circulation—will hurt economic growth. The cash crunch may pull down gross domestic product in the year through March by 0.5 percentage points, Citigroup Inc. said in a report.

Capital outflows from emerging markets after Donald Trump’s shock victory have added pressure on Indian equities. Global funds have withdrawn $1.9 billion from local shares this month, the highest in Asia after Taiwan, data compiled by Bloomberg show. Domestic funds, in comparison, have bought $1.8 billion of shares, the data show.

Analysts believe the government had the right drivers in place to uncheck recent market underperformance.

“Landmark macro reforms aimed at putting India’s economy on a long-term growth path are in place. Implementation of the goods and services tax (GST) in mid-2017 will boost tax compliance and corporate efficiencies. The government’s new demonetisation scheme curbs corruption. The Aadhaar-based e-Governance programme allows widespread financial inclusion and is driving bottom-of-the pyramid opportunities and potential subsidy savings of $7-8 billion. The low-cost housing scheme imparts meaningful upside to the construction sector. These and other initiatives will help reverse 12 months of market underperformance

>>> The Side Effects of Demonetisation :- <<<


It has clearly caused considerable inconvenience as people with perfectly legitimate quantities of old notes of Rs500 and Rs1,000 have to queue up at banks to exchange them into new notes. Tragically, many deaths have also been reported. In addition to inconvenience, the shortage of cash has also disrupted business in the cash-based informal sector, which is where the majority of the population is employed.

Farmers, fishermen, vegetable sellers, small shopkeepers without card readers or Paytm, taxi drivers, truckers, etc., have all been affected with loss of livelihood which may be irretrievable in some cases, for example, loss of daily wages for casual labour, or lower sales for vegetable vendors. Real-estate development will be badly affected because it is heavily cash-dependent, having long been a favourite asset for holding black wealth. Sectors such as hotels, restaurants, catering, the fashion garments industry, etc., which were often paid for in cash from black income, will also be affected. Some of the disruption, as in the case of real estate, can be viewed as an unavoidable rebalancing. However, in the short run, it will disrupt downstream income flows in the form of wages to construction labour, purchases of cement and other construction materials, including steel, paint, glass, etc. This will have downstream effects on both employment and income.


Much of the public enthusiasm about demonetisation comes from the expectation that those with hoards of cash will not be able to exchange it in the banks for new notes, and will therefore lose their ill-gotten money. This group includes businessmen, or politicians (either on their own behalf or on behalf of political parties), or bribe-taking bureaucrats. The public will certainly applaud their loss. However, much of this may be laundered.

Since the notes will be valueless after 30 December, holders of undeclarable cash will be willing to offer 30-40% commission, or even more as the deadline approaches to offload the cash. Intermediaries will organize large numbers of individuals who can take smaller “explainable” amounts of cash to the banks for deposit. Since farm income is free of tax, large numbers of people claiming to be farmers, could make deposits in banks, technically even exceeding Rs2.5 lakh with impunity.

Black wealth held in cash can also be laundered by purchase of gold and hawala transactions but that assumes that the suppliers of gold and the hawala dealers can launder the old notes received before 30 December. Some of this has already happened as evidenced by the sharp rise in gold prices and also the hawala rate for the dollar. Inevitably, higher gold prices will encourage smuggling and divert foreign exchange that would otherwise have flowed through legal channels to finance gold smuggling. This is bound to put pressure on the rupee.

The negative impact on the various sectors of the economy is bound to produce lower growth. Estimates for gross domestic product (GDP) growth in FY17 from financial analysts vary from a low of 3.5% to a range of 5.5-6.5%. My best guess is that GDP growth is likely to slow down to around 6% in 2016-17. More importantly, it will also remain subdued next year. Much depends on what happens to the investment climate.

>>> Nifty Weekly Chart <<<

>>> Click the chart to see on full screen <<<

Very Important Support Held by Bulls @ 7930 and Price made a Dragon Fly shows Bulls are preparing for a Race. 8200 may remain as a Major Hurdle for Bulls. So lets watch for a Meaning full decision. Mean while we are long form 7980 onwards and holding for a good Rally.

>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

7930 if breaks - Bears may pull down the price till 7540 or 7500. Moving Average cross our must be watched. Immediate Hurdle @ 200 DMA 8150.

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Hope its a simple chart to understand whats next for Nifty. 7930 - 8290-8300 - 8520 are the levels to move in coming days or weeks.

>>> Bank Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Previous low made on Demonetisation day 18190 should hold for a meaning full upmove. Any further risky move from govt. side may again beat the sentiments and the price may break the support and fall may start again.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

18190 had the answer - Make or Break - Lets wait and See.

>>> TataMotors - Hourly - Posted on 21st Nov, 2016 <<<

>>> Click the chart to see on full screen <<<

Wrote - Tata Motor may rally. See what happened.

>>> TataMotors - Hourly - Missed the Profit & SL hit <<<

>>> Click the chart to see on full screen <<<

Victim of Volataile - We missed the Profit - as price reached 475 near our booking area 477. Exited below 450 with loss.

>>> HDFC - Posted on 22nd Nov, 2016 <<<

>>> Click the chart to see on full screen <<<

Posted 22nd Nov,2016 - Price may rally.

>>> HDFC - Holding Long for a Good Rally <<<

>>> Click the chart to see on full screen <<<

Lot of volatile and we are still holding for a good rally.

>>> Performance till 25th Nov, 2016 <<<

>>> Click the image to see on full screen <<<


Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision.

>>> N4A - Services <<<


Send your service queries to niftyforall@yahoo.com or whatsapp @ 9677924975.


Thursday, November 24, 2016

7920 & 7940 Must Hold

Dear All,

>>> Nifty 5 Mins Chart <<<

>>> click the chart to see on full screen <<<
Above is a 5 mins chart, shows some support near 7920 & 7940. If holds, can see some recovery. Lets wait and See.

Wednesday, November 23, 2016

Is it a Head & Shoulder ???

Dear All,

>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Above chart suggest and Possible Head and Shoulder - In such a Case - Expect a Medium to rally till 8300 before a Correction.

Tuesday, November 22, 2016

If 7930 Holds - More Recovery Coming

Dear All,


India suffered the biggest outflows between 9 November and 18 November, followed by Thailand, according to calculations by Bloomberg using official data. The capital flight trims the year-to-date inflow into India, Indonesia, the Philippines, South Korea, Taiwan and Thailand to around $55 billion.

Demonetisation is not the end but the beginning of a "long, deep and constant" battle against black money and corruption and will benefit the poor and the common man, Prime Minister Narendra Modi on Tuesday said as the BJP parliamentary party passed a unanimous resolution endorsing his "great crusade".

>>> Nifty Daily - Posted Yesterday - Wrote 7930 As a Good Support <<<

>>> click the chart to see on full screen <<<

Wrote Yesterday - 7930 as a Good Support - See what happened today.


>>> Nifty Daily Chart <<<

>>> click the chart to see on full screen <<<

Price need to hold 7930 and if Happens - More Recovery on the way.

>>> HDFC - Entered Long Today <<<

>>> click the chart to see on full screen <<<

HDFC making a Possible correction upmove and we have entered long to make profit of it. Price may test the upper channel as shown on chart.

>>> MCDowell-N - Hourly Chart - Entered Long <<<

>>> click the chart to see on full screen <<<

Price made a break out from the wedge - We had long position and holding for more rally. Cheers!!!

>>> N4A - Services <<<

>>> click the chart to see on full screen <<<

Send your Service queries to niftyforall@yahoo.com

Monday, November 21, 2016

Support @ 7930

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Nifty tested Brexit Low 7930. So Now 7930 may give support.

>>> Tata Motors - Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Price completed its 4 months correction as ABC - and if the above analysis is not wrong - Expect a bounce. Cheers!!!

Saturday, November 19, 2016

Weekly Review - 21st Nov, 2016

Dear All,


The worries about the impact of demonetization on the economy and consequently on the stock market continued to plague the market. However, consensus believes the long-term gains will even out the short-term pains.

A shock move by the Indian government to withdraw over 80% of the country’s currency in circulation has sparked a rally in bonds that could extend into late December as markets bet on a rate cut as soon as next month.

Since Prime Minister Narendra Modi announced the sudden removal of Rs500 and Rs1,000 notes on 8 November to crack down on corruption and forgeries, banks have been awash in liquidity as households rushed to tender their old bills—putting the brakes on a cash-reliant economy.

The near term hit to the economy has fed expectations of a rate cut in December, helping stoke the rally in Indian debt even as global bonds crumbled in the wake of Republican Donald Trump’s upset US presidential election win.

Macroeconomic data: Softening food prices helped ease retail as well as wholesale inflation in October, raising hopes that RBI may go in for another rate cut in its monetary policy review next month.

Retail or CPI inflation dipped to 14 month low of 4.20% in October, while the one based on wholesale prices or WPI fell for the second consecutive month to 3.39% in October.

Fed rate hike: Market ended the week decoding Yellen’s statement who said a rate hike in US may ensue ‘relatively soon’. Further, the strong US jobs data released Thursday strengthened the case for raising interest rates.


>>> Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<


Price closed below 200 DMA - almost a 550 points Sell off from 8600 - Now it looks Bear getting a bit tiered as there was a slow in correction. And we have already mentioned the current fall as wave b, in such a case price needs to hold 8000. If breaks below 8000 may negate the count and may possibly test 7800 also.

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Lot of alternatives available Post muharat, US Election and Currency Ban Scenario - Apart, Last 3 days price falling and indicators looks positive shows 8000 may hold for a possible bounce. Last 4 Trading Sessions are highly Volatile and Price moves downward with a Positive Divergence on Indicators - Shows a Possible upmove any time.

>>> Bank Nifty Daily Chart <<<

>>> Click the chart to see on full screen <<<

Price below 100DMA and RSI still need to confirm the Bearish Trend. Lot of confusions prevail in Banking Sector - Like Public Funds Flush into Cash Crunched PSU Banks - followed by a Sudden Positive Bias on PUS Stocks - News about Fall in Interest Rate in Coming Days - Struggling NBFC's, Housing Fin Co's, and Micro Fin Co's - its a Bit of confusion in entire Banking Space. But some Light at the end of tunnel for PSU banks shows a possible turn around in medium to long term.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Break Below 18960 again may test 18650. Ball in the Hands of Pvt Banking Space - shows some negative sign on Friday, If starts falling may trigger some sell off.

>>> Maruti - Holding Long <<<

>>> Click the chart to see on full screen <<<

Holding Long in Maruti.

>>> ApolloTyre - Posted on 15th Nov, 2016 <<<

>>> Click the chart to see on full screen <<<

Posted on 15th Nov,2016 - as a Possible Reversal for the Stock. See what happened.

>>> ApolloTyre - More Rally above 190 & 194 - Hold Your Long <<<

>>> Click the chart to see on full screen <<<

Holding Long for a Good Rally above 190 & 194.

>>> Performance till 18th Nov, 2016 <<<

>>> Click the image to see on full screen <<<

Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision.

For details of our service - email us to niftyforall@yahoo.com or whatsapp @ 9677924975.

Thursday, November 17, 2016

Is this an Ending Diagonal ???

Dear All,


Protected against excessive volatility by India’s central bank and backed by one of the world’s fastest growing economies, the rupee could withstand the US dollar’s post-election surge better than many emerging market currencies, economists say. While emerging markets currencies have on average lost 4.6% against the dollar since Trump’s election victory on 8 November, the rupee has lost only 2%. Analysts expect the rupee to continue to fare better than emerging market peers because of the country’s faster economic growth, and near-record foreign exchange reserves of $368 billion, which the Reserve Bank of India’s regularly dips into to smooth out excessive volatility in the currency market.

>>> Nifty 15 Mins Chart <<<

>>> Click the chart to see on full screen <<<

If the above chart - for ending diagonal is not wrong - Expect a Pull back above the diagonal - Else price may test 8020.


Wednesday, November 16, 2016

8093 Test Again Today !!!

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Sell off continues after a gap up opening and price re-tested 8093 as it did yesterday.

>>> Maruti - Hourly Chart <<<

>>> Click the chart to see on full screen <<<

Above 5020 - Price may bounce for a good rally. Lets See. Cheers!!!