Sunday, January 28, 2018

Weekly Review - 29th Jan 2018

Dear All,


What is a False Breakout?

A false breakout is when price temporarily moves above or below a key support or resistance level, but then later retreats back to the same side as it started. This is the worst case scenario for a breakout trader that enters in a trade as soon as price breaks. We are immediately faced with a red arrow on our chart and the breakout we traded is looking less and less real.


The False Break Out pattern can something signals the beginning of a New Trend and the end of a current one. The chart above given - gave a break out and later on started to correct towards a wedge - means the end of Rally

>>> Nifty Weekly Chart <<<

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

It Looks like a Break out - and must hold above the wedge with a Resistance given on chart.

>>> Nifty Daily Chart <<<

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

A Hanging man on top of the chart on friday, Showing a Caution sign.


>>> Nifty Hourly Chart - Posted on 06th Dec, 2017 <<<


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

It was a time when every one was Bearish and gave more downside Target - Posted this chart on Blog - gave a Higher target as - Bullish Wolf Wave Pattern.

>>> Nifty Hourly Chart <<<

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

Top channels - must get violated on either side for a direction. Below 11000 - first sign of weakness.

>>> Bank Nifty Weekly Chart <<<

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

Weekly Channel Resistance.

>>> Bank Nifty Daily Chart <<<

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

Price need to hold above channel and resistance @ 27480 - 27530 - 27600.

>>> Bank Nifty Hourly Chart <<<

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

Support @ 27250 - 27060 - 26890.

>>> NIFTY IT - Weekly Chart <<<

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

More Rally Possible On all IT Stocks - if Holds the Support.

>>> Performance for the month end of January 2018 <<<

>>> Click the chart 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 & Whatsapp <<<



Sunday, January 21, 2018

Weekly Review 22nd Jan 2018

Dear All,


>>> Nifty Weekly Chart <<<

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


Resistance @ 10920 & 11065


>>> Bank Nifty Daily Chart <<<

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

Resistance @ 26960 & 27600

>>> N4A & Whatsapp <<<

Thursday, January 18, 2018

Support @ 10780 & Resistance @ 10885 & 10920

Dear All,


“Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.” – Alan Farley

>>> Nifty Hourly Chart <<<

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

Resistance @ 10885 - 10920 If breaks above may give fresh rally.

>>> Bank Nifty Hourly Chart <<<

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

26885 - 26940 if breaks may give a Fresh Rally. Support if breaks may give correction.

>>> SBIN - Hourly Chart Posted Yesterday <<<

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

Posted Yesterday - that we are long.

>>> SBIN - Hourly Chart - Booked Profit Rs.30,000/- <<<

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

Booked Rs.30,000/- Profit and No Holdings Now.

>>> DRREDDY - Hourly Chart - Booked Profit Rs.25000/- <<<

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

Booked and Exited With Rs.25000/-. No HOldings Now.

>>> N4A - Whatsapp <<<


Send Request with Name and Location. Cheers!!!

Wednesday, January 17, 2018

Above 10800 - 830 - 855 Rally to continue till 10925

Dear All,

>>> Nifty Hourly Chart - Posted on 14th Jan 2018 <<<

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

Posted on 14th Jan, 2018 - Above 10730 may trigger fresh rally.

>>> Nifty Hourly Chart - More Rally Possible <<<

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

Price if breaks above the wedge - Fresh Rally to test 10830 - 10855 - 10925.


>>> Bank Nifty Hourly Chart - Posted on 14th Jan 2018 <<<

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

Posted that - Break above triangle - may give fresh rally

>>> Bank Nifty Hourly Chart - Fresh Rally going ON <<<

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

Next Levels are 26460 & 26960.

>>> SBIN - We are Long <<<

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

We are Long. Cheers!!!

Sunday, January 14, 2018

Weekly Review - 15th Jan, 2018

Dear All,



The MYTH OF SHORT SELLING :-

Most Important Question to be asked before starting this story :-

Why do Traders Short Index and Stocks in Stock Market and loose money rather than believing in a Bull Market.

Short selling refers to the tactic of selling a stock without owning it, with the view that the price is likely to fall further and, hence, there is profit to be made by buying it back at a cheaper price. In Indian equity markets, short selling is typically undertaken via the futures and options route since short (sell) positions in the cash markets can be held only intra-day.

Its widely believed that Shorting give a fast money than a Long trade. Hence many chart analyst advice Short Selling than Making long. Some times they become a critics of economy, growth number, present govt and finally start believing in pessimistic approach. I personally believe or found that - these short sellers never take into account the Risk Vs Reward Ratio - some times they don't even have a Stop Loss, Kept saying that - Sell on Every Rise. Finally their loss become Un controllable.

I can say that - more than 60% to 80% of Derivative Traders Lost their Precious Hard Earned money - Either by Shorting or Buying PUTs - with out analyzing their risk and money management.

So why and how Shorts can be Utilized. Its simple to me that, Shorting can be done to Hedge or Protect your Longs or Profits. Either You Short a Future or Buy PUTS to Protect yourself from any major Losses in an Uncertain Market.

This doesn't mean that I am against Shorting the Market. When the Market ready to fall or Starts a Bear Phase - A Best Trade is to Short. But Unless you are not sure or clear about a Fall - When You short a Future Contract on Index or Stock or Buying PUT Options - will make Your Losses to Peak.

Most of the Traders make mistakes in identifying their Shorts Timing and met Huge Loss. When you are Long, Its easy to identify how far the Stock or index may fall by identifying its Support, Mean while - when a Stock or INdex Rise after you enter a Short - Its hard to find out - how long it will move UP and where you can Cut Your Loss and when to Exit Short.

A BAD SHORT is a Big Risk for Your Capital.


>>> Nifty Daily Chart <<<

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

Nifty closed above 10530 & 10660 - Next Resistance @ 10730 & 10760.


>>> NIFTY Hourly Chart <<<

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

Price need to Cross above 10700 - 730 for a Fresh Rally and Short Covering. Support @ 10600 - Must break for a short term weakness.

>>> Bank Nifty Daily Chart <<<

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

Price Must trade above 25780 for a Rally till 26070.

>>> Bank Nifty Hourly Chart <<<

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

Price need to cross above 26070 to test 26460 & 26960.Support @ 25530 & 25455 if breaks - Short Term Correction to start.

>>> NIFTY IT - Weekly Chart <<<

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

Expect a Bulls Best Friends from IT stocks - If IT Index Trades above 12180.

>>> Performance till 12th Jan 2018 <<<

>>> 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 & Whatsapp <<<

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

If You have already registered and not getting messages now - Just ping and inform to add agian. Cheers!!!


Thursday, January 11, 2018

Resistance :- Nifty 10660 - Bank Nifty 25780

Dear All,

>>> Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<
Resisted again @ 10660 - Must trade above for Upmove.

>>> Bank Nifty Hourly Chart <<<

>>> Click the chart to see on full screen <<<
Resisted @ 25780 - Must trade above for Upmove. Cheers!!!

Tuesday, January 09, 2018

Resisted @ 10660 - May Correct.

Dear All,

>>> Nifty Hourly Chart <<<

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

We have Booked out Long with 185 Points Profit today. Resistance 10660 - If not crossed may Consolidation or Even Correct as per support given on chart.

>>> Bank Nifty Hourly Chart <<<

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

We have Booked Out longs with 295 Points Profit. Resistance 25770-780 if not crossed - May possibly Consolidate or Correct as per support given on chart.

>>> SREINFRA - Hourly Chart - Profit Booked Rs.25000/- <<<

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

Booked Profit with Rs.25000. Cheers!!!

Sunday, January 07, 2018

Weekly Review - 08th Jan, 2018

Dear All,



New traders are concerned only with making money. They celebrate when their trades are profitable and ignore trades that lose money. This is a bad idea. The path to becoming a long-term successful trader requires an understanding why the trades lost money. Then it becomes possible to reduce the number of trades that failed. In other words, if you buy call or put options, only to see them expire worthless, then you should fare better by finding other strategies -- other than buying options.

We all make winning and losing trades -- just because of probability. Some, but few, traders are skilled at predicting market direction. However, most traders -- including professional money managers -- have a difficult time outperforming the market averages. Studies have shown that most individual investors fail to understand this simple principle and tend to believe that their results are better than their actual results. In other words, they believe they do better than the market averages, when in fact, they perform far worse.

To meet that goal, we must practice good risk management and be certain that our losses are limited to acceptable levels. However, that is not the only thing we can do to achieve success as a trader. The way we think -- the trader mindset -- contributes a great deal to the success or failure of almost every trader.



Lower GDP forecast may dampen the spirit :-

India's gross domestic product (GDP) will grow by 6.5 per cent in the current fiscal, sharply down from 7.1 per cent growth clocked in 2016-17, the Central Statistical Office (CSO) said on January 5, as businesses were hit by the chaotic launch of GST last July. The GST transition impact is clearly visible.

Macro Data:-

The data for November industrial production and December CPI inflation will be released after market hours on Friday.

The retail inflation measured by the Consumer Price Index for November had increased to a 13-month high of 4.88 percent, from 3.58 percent in October, mainly due to increase in food and oil prices, while India’s industrial output slowed to 2.2 percent in October as compared with 3.8 percent a month ago.

Foreign exchange reserves data for the week ended January 5 will also be announced on Friday while balance of trade data will be declare on Wednesday.

Crude :-

Brent crude futures, the benchmark for international oil prices, crossed USD 68 a barrel level for the first time since May 2015 is the key risk for country like India which imports more than 80 percent of oil requirement.

Brent crude futures settled the week below that level, at USD 67.62 a barrel. Experts expect the crude can hit USD 70 a barrel, which is still manageable for India but beyond that the risk will increase in terms of widening fiscal deficit. Not only economy but also companies that are depend upon on crude.

Global Cues :-

Europe's industrial sentiment for December and retail sales for November will be announced on Monday, followed by unemployment rate for November on Tuesday.

China's December CPI and US' gasoline production will be released on Wednesday while Europe's industrial production for November and US' initial jobless claims will be announced on Thursday. European Central Bank will also publish account of monetary policy meeting on Thursday.

US' CPI and retail sales data for December will be declared on Friday.

>>> Nifty Weekly Review <<<

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

In order to answer the most frequently asked question - Posted Above Weekly Chart. Almost a 8 year journey is given here. Hence price may test the channel top before a correction.

>>> Nifty Daily Chart <<<

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

10550 Broken on Friday - New Rally and High on the way.

>>> Nifty Hourly Chart <<<

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

Next Resistance @ 10600 - 10660 - 10720.


>>> Bank Nifty Weekly Chart <<<

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

Bank Nifty - In the middle of GST & Demo - Performed well - with the help of Pvt Banks. Almost doubled in less than two year. Price may try to test the channel top.

>>> Bank Nifty Daily Chart <<<

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

Price Started moving on the upper side. Above 25630 may test 25780.

>>> Bank Nifty Hourly Chart <<<

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

Hourly Chart looks Interesting - Break above trend line may give more Rally. Key Resistance @ 25630 & 25780 may give us more rally.

>>> SBIN - Hourly Chart - Holding Long <<<

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

Holding Long.

>>> DrReddy's Lab - Hourly Chart - Booked Profit <<<

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

Booked Profit. May or May not - Re-Enter as per movement.

>>> N4A - Services <<<

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

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