Wednesday, September 30, 2015

Next Resistance @ 7984 & 8022

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<
Crossed above 7930 and next resistance @ 7984 and 8022. Positive Data Like Core Sectors and Global Markets Rally may help index to open positive once again tomorrow. Lets wait and see. Cheers!!!

Tuesday, September 29, 2015

More Volatile Ahead - Caution

Dear All,

>>> Nifty Hourly Chart <<<

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

Yes we have covered the shorts today with Nifty 500 Points and Bank Nifty 800 Points.
After 50 BPS rate Cut form RBI - Price spiked and test above 7910 - Shows more volatile ahead.
As per above chart - If I am not wrong - Price may test the lower end of the channel and may try to bounce back to fill the gap left above, In such a case - Expect a complete volatile trading in coming days.

>>> YesBank - As Posted on 22nd Sep, 2015 <<<

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

Wrote Last time on Yes Bank - may test 700 any time soon. See what happened.

>>> YESBANK - Happened <<<

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

As Expected - Price almost touched 702.75 and gave us a good Profit of Rs.18250/-

>>> M&M <<<

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

Yes We have shorted M&M at 1273 and Price touched a low of 1236 - Expecting a more fall till 1190 - Lets Wait and See. Cheers!!!

Monday, September 28, 2015

Resistance 7910 & Support 7770 - RBI to decide the Trend

Dear All,

>>> Nifty Hourly Chart <<<

>>> click the chart to see on full screen <<<
7910 & 7770 - To decide. Lets have an Interesting RBI Day tomorrow. Nothing more to say.

>>> SIEMENS - Hourly Chart <<<

>>> click the chart to see on full screen <<<
We have short positions as mentioned on chart, Expecting more fall if the support breaks. Cheers!!!

Saturday, September 26, 2015

Weekly Review - 28.09.2015

Dear All,

>>> Nifty Weekly Review <<<

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


Above weekly chart - shows some warning sign. 7902 or 38.2% retrace - must act as a key resistance - if unable to cross may trigger more sell off. If 100 Week Moving Average breaks - More sell off likely - Caution.

>>> Nifty Daily Chart <<<

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

As mentioned last week - Head and Shoulder looks in favour of bear. Till price stays below the neck like - its seems like an Sell on Rise.

>>> Nifty Hourly Chart <<<


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

7910 - Should be watched. IHS on formation.

>>> Bank Nifty Hourly Chart <<<

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

17310 - Crucial to watch now. Above 17310 - IHS may come into action.

>>> BAJAJAUTO - As Posted on Last Weekly Review <<<

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

Updated as a follow up on last weekly review about Bajaj Auto - See what happened...

>>> BAJAJAUTO - Happened <<<<

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

We Booked Profit of Rs.20625/-

>>> YESBANK - As Posted on Last Weekly Review <<<

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

Posted YESBank as follow up last weekly review. See what happened

>>> YESBANK - Happened <<<

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

Low made 714 almost near to our first Target. We made a Part profit near 734 for Rs.10K.

>>> Performance - till 25th Sep, 2015 <<<


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

Please send email to niftyforall@yahoo.com from details of our service

Wednesday, September 23, 2015

Watch 7910 - Trend Decider on Expiry Day !!!

Dear All,

>>> Nifty Hourly Chart <<<

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

Very Interesting day tomorrow. Expiry day also. 7910 Should be watched. Above 7910 expect upmove.

>>> ZEEL - Hourly Chart <<<

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

Made a Profit of Rs.15000/- on ZEEL Short. Expect more sell off if the resistance line - unable to cross. Cheers!!!

Tuesday, September 22, 2015

CAUTION - More Panic Ahead - Below 7786 - Next Support @ 7640

Dear All,

Just remember what we wrote on Weekly Review - Head & Shoulder come into effect on both Nifty and Bank Nifty - Advised Caution for all Longs.

Since last week - We covered all our Longs and Started Shorting market - We have also updated very clearly - to Stay Caution - on Longs - See what happened.

>>> Nifty Daily - Posted on Weekly Review <<<

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

Wrote clearly on Weekly Review - Above was a Head and Shoulder - Advised to Stay Caution also. See what happened.

>>> Nifty Daily - Happened <<<

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

As mentioned on chart - We have advised our clients to short nifty near 7980 & Bank Nifty near 17500. As you all know what happened today. It was nearly a 170 Points fall on Nifty and 500 Points fall on Bank Nifty.
Now Next Support @ 7786 if breaks - More fall Likely till 7640. Advise more caution ahead.

>>> YES BANK <<<

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

WE have shorted @ 773 and almost in a profit of Rs.10,000/- More fall likely - Sell on Rise or Stay Short.

>>> BAJAJ AUTO - As Posted on Weekly Review <<<

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

Wrote on Weekly Review - Bajaj Auto is a Head and Shoulder Candidate - May fall heavily - We are in Short from 2355. See what happened today.

>>> BAJAJ AUTO - Happened <<<
>>> Click the chart to see on full screen <<<

We have shorted @ 2355 and stock made a low of 2275 - almost 80 points or Rs.10K profit so far. Expect more fall if the channel support broken - as given on chart.

>>> ARVIND <<<

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

Price broken the raising wedge. We are in short and expecting more fall. Cheers!!!

Monday, September 21, 2015

Resistance @ 8080 & 8208

Dear All,

>>> Nifty Hourly Chart <<<

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

Morning send to all - Nifty may turn around any time, as said - Price closed almost neutral. 8080 Key Resistance must be tested any time soon.

>>> Bank Nifty Hourly Chart <<<

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

Gap left to be filled on Bank Nifty - 17830 key Resistance should be tested any time. Cheers!!!

Saturday, September 19, 2015

Weekly Review - 21.09.2015

Dear All,


The U.S. Federal Reserve kept interest rates unchanged on Thursday in a bow to worries about the global economy, financial market volatility and sluggish inflation at home, but left open the possibility of a modest policy tightening later this year.

"The outlook abroad appears to have become less certain," Yellen told a news conference after the Fed's policy-setting committee released a statement following a two-day meeting.

She added that a recent fall in U.S. stock prices and a rise in the value of the dollar already were tightening financial market conditions, which could slow U.S. economic growth regardless of what the Fed does.

"In light of the heightened uncertainty abroad ... the committee judged it appropriate to wait," Yellen said.

But the Fed maintained its bias toward a rate hike sometime this year, while lowering its long-term outlook for the economy.

Taken as a whole, the latest Fed projections of slower GDP growth, low unemployment and continuing low inflation suggest that concerns of a so-called secular stagnation may be taking root among policymakers. One policymaker even suggested a negative federal funds rate.

The Fed also forecast inflation would creep only slowly toward its 2 percent target even as unemployment dips lower than previously expected. It sees the unemployment rate hitting 4.8 percent next year and remaining at that level for as long as three years.

The Fed's projected interest rate path shifted downward, with the long-run federal funds rate now seen at 3.5 percent, compared to 3.75 percent at the last policy meeting.



Hours after US Federal Reserve chief Janet Yellen decided not to raise interest rates for now, Reserve Bank of India (RBI) Governor Raghuram Rajan sent out a strong message to those in the government and business rooting for an interest rate cut in India. True to his style, Rajan did not mince words and explained in detail why he believed sustainable growth needed a lot more than "quick fixes" such as interest rate cuts and tax giveaways to certain sectors.

Rajan said the 3.6 per cent Consumer Price Index-based retail inflation in August was largely due to the base effect, excluding which it would be around 5.5 per cent. "The differential between WPI (Wholesale Price Index) and CPI is a source of problem. We have to be careful while pursuing growth and have to make it sustainable," he added. In August, WPI-based inflation was in negative territory for a 10th straight month, at a historic low of -4.95 per cent.

Pressing his point further, the governor asked everyone to learn from the case of Brazil, an economy that was delivering impressive annual growth of around seven per cent till a few years ago but was now likely to shrink about three per cent. Brazil's central bank was "pressed to lower rates", fuelling a credit spree that overburdened customers are now struggling to pay, he said. "Brazil tried to grow too fast. They were forced to reduce credit cost. The takeaway lesson is, it is possible to grow fast with stimulus and rate cuts, only to pay the price later through high inflation," he said, adding, "Brazil might have overspent and China might have over-invested."

He also put the ball in the government's court, saying reforms (not rates) held the key to India's sustainable growth. "We have to expand the sustainable growth potential. That means continuing to implement reforms that the government and regulators have announced. That is the only way to get sustainable growth potential up."

Rajan said while fellow BRICS (Brazil, Russia, India, China and South Africa) nations were in distress, India seemed to be an "island of tranquillity".

The Fed's decision, he said, was probably driven by rising global uncertainties. "If we look around the world today, it doesn't present a pretty picture. Industrial countries are still struggling, with a few exceptions, to grow and the uncertainty about growth in the US and the world is probably what impelled the Fed to stay on hold."

He, however, maintained the stance that RBI would cut rates only when there was room to do so. "We have noted the Fed decision. Clearly, market somewhat benignly reacted, certainly towards us. What we need to do is continue doing what we are doing, which anyway is the intention, regardless of the Fed," Rajan said.

Lets go to Technicals..

>>> Nifty Daily Chart <<<

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

Its a Head and Shoulder - comes into picture again. So far the rally looks as a Pull back and price tested the Neck line. If this analysis is not wrong, expect the fall very soon.

I hope many might have trapped in shorts so far - may have exited with big loss. We have been advising long positions for last 2 weeks and made a big profit as you all know. FII's where continuously on the sell side, during the rally. But since then nifty rallied from 7540 to 8054 - means almost a 500 Points.

Now we advice caution on the long side, I expect there can be some more upmove left - as i have given on hourly chart - but market may turn negative on the downside any time soon.

>>> Nifty Hourly Chart <<<

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

Hourly chart looks like an Island Reversal - Ofcourse those who are bearish so far - now turned bullish because of this island reversal - and started giving a new high as their target.

As per above chart 8080 key resistance - if crosses then 8208 can be the next target.

>>> Bank Nifty Daily Chart <<<

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

Last week I wrote - Bank Nifty as a bhishma pitamah of entire market - How all might have witnessed how BN rallied last week and changed entire market scenario. It was a 1000 Point rally in just 4 trading days.

Above chart shows why and how the rally happened - If this chart was not wrong - BN also in H&S and feel the neck line may tested before next fall. Ofcourse still some more rally left - But stay caution once the levels get achieved.

>>> Bank Nifty Hourly Chart <<<

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

Above Hourly chart Shows - BN may fill the gap with key resistance at 17816.

>>> BAJAJ AUTO <<<

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

Highly bearish on Baja Auto. We are short from 2355, waiting for more fall. It the above chart is not wrong, Head and Shoulder may get breaks any time for a free fall. Cheers!!!

>>> Performance till 18th Sep, 2015 <<<

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

For details and information - email us to niftyforall@yahoo.com

Wednesday, September 16, 2015

Fed Ahead - Caution - More Volatile Pending

Dear All,

>>> Nifty Hourly Chart - Posted on 08th Sep, 2015 <<<

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

On 08th Sep, 2015 - Posted the above chart & Wrote clearly that we are long in Nifty - See what happened !!!

>>> Nifty Hourly - Happened <<<

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

Yes we have booked our long today near 7950. So what's Next.

Above chart shows a Ascending Triangle like pattern - if holds rally to continue, Else may test the bottom channel as shown on chart. Any rally above 7950 may take nifty towards 8080.

>>> Bank Nifty Hourly - Posted on 08th Sep, 2015 <<<


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

Above chart was posted on 08th Sep and wrote we are long in Bank Nifty from 16100 onwards. See what happened.

>>> Bank Nifty Hourly Chart - Happened <<<

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

We are long from 16100, We made a Profit booking today at 17000 with almost 900 points profit.
now same like Nifty - Bank nifty also making an ascending triangle like pattern, if holds - rally to continue or else may test the below channel before next bounce. Lets wait for the Interesting Friday - Cheers!!!

Tuesday, September 15, 2015

Support @ 7770-80 & 7710

Dear All,

>>> Nifty 5 Mins Chart <<<

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

Price started consolidation for wave (b). 7770 and 7710 may act as a support. If these two support gets breaks - then Bulls may comes into trouble. Above chart reveals how the volatile movement rattled the traders on both sides so far. We are long from 7630 and advised our small and less risky clients to take profit at their comfort zone. But still chart reveals upmove, if the given supports holds. Only two trading days left in this week.

>>> Bank Nifty 5 Mins chart <<<

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

16540 and 16390 may support Bulls. Breaks below the given support means, Bulls may be agian in trouble. Lets See.

>>> MCLEODRUSS - Posted on 09th Sep, 2015 <<<

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

As we wrote - Stock looking for a good upmove. See what happen.

>>> MCLEODRUSS - Happened <<<

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

Price moved up near 174, We made a good Profit of Rs.20K.


>>> ICICI Bank - Posted on 10th Sep, 2015 <<<

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

Wrote on 10th Sep,2015 for a good upmove. See what happened.

>>> ICICIBANK - Happened <<<

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

So for we made Rs.10K and advised to book at comfort zone also. As per above chart - if price stays below the channel - some consolidation also left. Lets wait and See. Cheers!!!

Monday, September 14, 2015

Above 7845 - Next Resistance @ 7950

Dear All,

>>> Nifty Hourly Chart - Posted on 10th Sep, 2015 <<<

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

Above chart updated on 10th Sep, 2015 - Mentioned as a Bullish IHS Pattern - Break above 7845 may lead to more rally. See what happened today.

>>> Nifty Hourly Chart - Happened <<<

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

Today 7845 Crossed, though 7889 - may gain act as a resistance - if crosses - Get Ready for fresh Rally and Short Covering.

>>> Bank Nifty - Posted as on 10th Sep, 2015 <<<

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

Wrote on 10th Sep, 2015 - Bullish IHS Pattern - See what happened today.

>>> Bank Nifty Hourly - Happened <<<

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

Same like Nifty - BN has to break the Neck line for a rally. Let wait and See. Cheers!!!

Saturday, September 12, 2015

Weekly Review - 14.09.2015

Dear All,

Citing an improving economy, the Federal Reserve signaled that it's on track to raise historically low interest rates as early as September, but that rates are likely to climb more gradually than it previously anticipated.


The Fed pushed its benchmark short-term interest rate to near zero in December 2008, an effort to spur borrowing, spending and investment in the aftermath of the financial crisis. The central bank has kept rates low ever since to keep a fragile expansion going.

Some Fed officials want to start raising their rate from near zero because the job market is improving at a rapid pace and reducing economic slack. Underscoring that point, the Labor Department reported Wednesday a record of 5.8 million U.S. job openings in July, a sign that the demand for labor is on the rise and could lead to wage gains. That follows Friday’s report that unemployment fell to 5.1% in August from 5.3% in July.

Some officials in this camp also worry that if the Fed keeps rates low for too long it could breed financial excesses like asset bubbles fueled by borrowing that hurt the economy later.


Others have trepidations about continued low inflation, the dollar’s rise, China’s economic slowdown and recent financial-market turbulence. Their concerns suggest the Fed could hold rates steady for now, until they’re sure the global economy isn’t headed for broader trouble.

Janet Yellen now faces her most difficult task to date as Fed chairwoman: Forge a consensus among divided central-bank officials on a historic decision about whether to lift rates for the first time in nearly a decade.

The Fed leader hasn’t spoken publicly since her July testimony to Congress, when she signaled rate increases this year are likely. Her public silence about the decision in recent weeks, as financial markets have wobbled, leaves unclear which way she will want to take the Fed’s 17-member decision-making group.

Lets See some Technical Charts also.

>>> Nifty Weekly Review <<<

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

Above is a weekly Chart. Previously on August, 2013 - 100 Week Moving Average - Supported the Bulls and Price made a big rally there after. Next week if 100 WMA able to hold - Then expect same such rally ?? - Hope So.

>>> Nifty Daily Chart <<<

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

Its a 1122 Points fall on both sides. Wave A = Wave C. So 7540 is an Important Key Support Next week to decide the Bulls Fate. If this analysis is not wrong, then Bears are in great danger. Bulls may zoom heavily in coming days.

>>> Nifty Hourly Chart <<<

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

Abvove 7950 - Bears may be in great danger - 8080 and 8208 may be the next target. A Gap left should be watched carefully.

>>> Bank Nifty Daily <<<

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

As wrote - Bank Nifty also taking support from the Channel. If price able to hold above the channel next week also, Expect some big recovery and rally.


>>> Bank Nifty - Hourly Chart <<<

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

16500-550 gave a good support, Above 16850 expect a break out cum rally. 17000 and 17430 act as a important Resistance.

>>> ICICI BANK - Posted on 10th Sep, 2015 <<<

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

We are holding Long in ICICI Bank, Expecting some good rally.

>>> MCLEODRUSS - Posted on 09th Sep, 2015 <<<

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

Holding Long - Expecting more rally.

>>> SBIN - Posted on 08th Sep, 2015 <<<

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

Holding Long on SBIN also. Cheers!!!