NiftyforAll

Monday, May 25, 2015

Next Support @ 8355 & 8313.

Dear All,

>>> Nifty 5 Min Chart - Posted on Weekly Review <<<

Wrote on weekly review - Nifty may test the three support as given on chart. See what happened today.

>>> Nifty Hourly Chart <<<

As expected Nifty broken the first Support @ 8406. Almost near 2nd Support 8355. Tomorrow if 50 Hour Moving Average OR 8355 Holds, the there can be a bounce again before a fall. Expecting nifty to test the third support before expiry.

>>> ACC <<<

Wedge is broken and more fall likely.

>>> LT <<<

As shown on chart - If the channel Support unable to hold for tomorrow also, Expect more correction. Cheers!!!

Saturday, May 23, 2015

Weekly Review - 25.05.2015

Dear All,

>>> We are on WhatsUp <<<

Please send as per format given with Name on Whatsup Only. Avoid sending sms.

>>> Nifty - Weekly Chart - Posted Last Weekly Review <<<

Wrote last week - Price closed above 50 Week Moving Average and Doji on Weekly Chart was a Positive Sign. See what happened.

>>> Nifty Weekly Chart - Happened <<<

Above Weekly chart shows how the Price moved up as expected.

>>> Nifty Daily Chart - Posted Last Weekly Review <<<

Wrote Last Week - 8320 and Pitchform need to cross for a Healthy Upmove. See what happened.

>>> Nifty Daily Chart - Happened <<<

Clear Break out from Pitchfork and 8320. Price Rallied till 8490. We had a 320 - 340 Points Profit as we made some profit booking near 8440.

So far we have seen the Performance on Nifty - Lets See whats next on Hourly and 5 Mins chart.

>>> Nifty Hourly Chart <<<

After breaking from the IHS, Nifty rallied as expected. Now 8520 acts as a Resistance. Moving Average Cross over Looks Bullish. Next Week is an Expiry Week.

Price if able to cross above the golden ration 61.8% or 8520, No doubt Big rally and short covering may come in.

Interesting week with lots of UP and DOWN possible. See more on 5 mins chart.

>>> Nifty 5 Mins Chart <<<

Support 8406, 8356 and 8313. Key Resistance 8490 & 8520.

>>> Bank Nifty - Weekly Chart - As Posted Last Week <<<

Wrote last week - Bank Nifty Weekly - RSI Break out and a Positive Sign for a good Upmove. See what happened.

>>> Bank Nifty - Weekly Chart - Happened <<<

As expected - Bank Nifty made a good rally. But the candle formation - Looks like a Shooting star and Should be watched with caution.

>>> Bank Nifty Daily - As Posted Last Week <<<

Last week it was a Break above 18110 and looking for Next Resistance 18645. See what happened.

>>> Bank Nifty Daily - Happened <<<

Price hit 18645 as expected. Rally Only above 18645 possible.

>>> Bank Nifty - Hourly <<<

Clear break out on RSI. If 50 HMA breaks on Monday, Price may test the channel support as shown on chart.

>>> STOCKS <<<

>>> ASIANPAINTS - As Posted on 16th May, 2015 <<<

Wrote on 16th May, 2015 to Sell AsianPaints. See what Happened.

>>> ASIANPAINTS - Happened <<<

We booked on first Target 750. Still its a sell on rise. More fall likely, unless it cross the resistance given on chart.

>>> ITC - Posted on 18th may, 2015 <<<

We have exited ITC on 22nd May, 2015 with Profit. Results were declared on friday evening, hope its not upto market expectations. Monday its going to a after results movement.

>>> STAR - Posted on 20th May, 2015 <<<

Advised caution on STAR - Our Short call fetched 10K. But the stock reversed on the next day - after news - that STAR acquired an Australian company.

>>> STAR - Happened <<<

It was a bad day, Price reversed after the news came out. Hit Our Stop Loss also.

>>> Performance till 22nd May, 2015 <<<

Send email to niftyforall@yahoo.com for details our service. Go to Performance tab on the Blog for entire history on Performance. Nifty and Bank Nifty Performance not included in all our performance.

Thursday, May 21, 2015

Nifty may test 8340-45 - before next bounce.

Dear All,

Fall can be upto 8340-45, if unable to cross 8440-45.

>>> STAR - Posted Yesterday <<<

We wrote STAR as a Sell Candidate and We had a Profit of Rs.10,000/-

>>> STAR - Happened <<<

Sudden new of Fresh Buy Out from Australia made the stock to move in the opposite direction. We hit Sl @ 1178 with loss.

Wednesday, May 20, 2015

Resistance @ 8440-45. Support @ 8400.

Dear All,

>>> Nifty 5 Mins Chart <<<

Short term move on nifty looks cloudy. Seems like if price unable to cross above 8440-45 and if breaks below 8400, we may see some correction before a bounce towards 8520.

>>> STAR - As Posted Yesterday <<<

Wrote Yesterday, STAR facing a resistance @ 1120-22. See what happened.

>>> STAR - Happened <<<

Price made a low of 1086 from 1120. More fall likely. Lets wait and see. Cheers!!!

Tuesday, May 19, 2015

Resisted @ 8420. Support @ 8298 & 8258.

Dear All,

>>> Nifty - 5 Mins Chart <<<

Today - after nifty fell down from 8420 to 8335, we received a Lot of queries on email and Whatsup, where the nifty is going ???. So here is the answer to all your doubts.
Nifty moving on a 1-5, as per, we are on the 4th sub wave which may test the support @ 8298 or 8258. So expect an upmove again if these supports hold.

We are long since 8060-80 and we advised to Book some 320-340 Points today.

>>> Bank Nifty - 5 Mins Chart <<<

Its a Clear Chart - Says Support @ 18270 & 18180. If holds, Bulls may resume upmove once again.

Sub wave (4) in action on the downside. We have intimated profit booking near 18500, We are long since 17600.

>>> STAR <<<

Stocks seems to be resisted @ 1020-22. If the above analysis is not wrong, then price might have compelted A-B-C corrective upmove and now it may correct on the downside. Lets wait and see. Cheers!!!

Monday, May 18, 2015

Next Resistance @ 8420.

Dear All,

>>> Nifty Hourly - As Posted on Weekly Review <<<

On Weekly Review mentioned about both IHS and MA's Break Out - needed for a Rally. See what happened

>>> Nifty Hourly - Happened <<<

A Clear Break from IHS. MA's on the edge of Cross Over. Price above important Resistance 8320. Next 8420.

>>> ITC - As Posted on 11th May, Weekly Review <<<

Wrote on 11th May, 2015 Weekly Review - about ITC. Expect Good Rally soon. See what happened.

>>> ITC - Happened <<<

ITC started moving, made a high of 333.9 today on cash. IHS break out Seen. If able to break the trend line as mentioned on chart, Expect a great rally soon.

>>> ASIANPAINTS - As Posted on Weekly Review <<<

Wrote - on Weekly Review to Sell Asian Paints on rise. Caution advised. See what happened.

>>> ASIANPAINTS <<<

It was a free fall on the stock today. Stock almost touched 760 and more fall ahead in coming days also. We have short position from 800 and looking for more fall. Cheeers!!!

Saturday, May 16, 2015

Weekly Review 18.05.2015

Dear All,

>>> We are on WhatsUp also <<<

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>>> Nifty Weekly Chart <<<

This entire week was full of volatile and ofcourse price managed to hold above 50wma and gave a green colored doji also. Looks like bulls are holding with strong foot till last week and looking for a recovery soon.

>>> Nifty Daily Chart <<<

Daily Chart gave us a confused signal as shown on above chart. Hence we need some confirmation for either side movement.

>>> Nifty Hourly Chart <<<

Looks like a bottom formation, after completing a Bullish Wolf Wave on Hourly chart. But, still we need confirmations like IHS Break out, MA's cross over etc., Lets wait for it.

>>> Bank Nifty Weekly Chart <<<