Weekly Review - 18.01.2016

Dear All,

>>> NIFTY DAILY CHART <<<

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

Nifty may take support on or near the channel as shown on chart.

>>> BANK NIFTY DAILY CHART <<<

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

Key Support 15150 must hold.

>>> HINDALCO - Posted Last Weekly Review <<<

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

We have advised Last week about Hindalco for any upmove and holding long also.

>>> HINDALCO - Exited With Loss <<<

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

Booked Loss below 73 and Exited.

>>> SKSMICRO - Posted Last Weekly Review <<<

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

We have advised a Sell to our clients on SKSMicro.

>>> SKSMICRO - Booked Profit <<<

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

Have Booked Profit of Rs.35000/-

>>> BHARATFORG - Posed on 13th Jan, 2016 <<<

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

Have advised a long on Bharath Forge.

>>> BHARATFORG - Hold <<<

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

Hold till 780-783 as a Support.

>>> Performance till 15th Jan, 2016 <<<

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

Please send email to niftyforall@yahoo.com or whatsapp @ 9677924975 for details of our service.

7490 Holding and Still Nifty Looks Week

Dear All,

It was really a Death Drive on Market for past 4 Days. No respect for Support & Resistance. Market continue to trade with High voltage of Volatile. Drastic Movements on stocks also continuing. It is better to take a informed decision to protect your capital. Global Market continue to shed blood along with Big Fatty Dragon China.

Chart formation on Global Market also looks dangerous, Shows that we must live with these kind of volatile in coming days also. In Such case, trading may become a Sky Dive.

When Nifty was trading near 7950 - We have warned all our readers about the danger of a Fast Correction. But when the Price continues to trade below 7550 or 7490 - We have exited our Longs with Loss. Have kept warning our clients - not to over trade or enter Index when there was a hasty upmove.

So many questions asked about - what do N4A thinks about market. We hope the situation is not comfortable for either short or long, as we are seeing a 100 to 150 points roller coaster every day. Unless the price comes near some important support with minimum risk, there is no meaning in entering the index trading.

Today I have given Reliance Chart - Which we have shorted also, we are bearish and holding short for a Good Fall. Actually all the channels and medias are giving a Buy call and the stocks continues to move higher after the news of JIO launch. But I strongly believe that the Price had reached an important resistance, if unable to cross, stock may witness heavy fall. ( Please refer the chart given below ). In such a case, Nifty may come under pressure also, No doubt about it. So lets wait for Tomorrow's closing (weekend) to come to a conclusion. Lets also see in detail about the possibilities left in coming days on our Weekly Review.

>>> NIFTY HOURLY CHART <<<

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

Looks like a false break out today. If so, expect one more fall tomorrow also.

>>> RELIANCE - HOURLY CHART <<<

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

We have shorted Reliance and holding for a good fall. As per above chart, If channel and analysis is not wrong, expect a good fall. Else of Price moves above the given Channel - Rally and short covering possible. Lets See. Cheers!!!

Panic & Recovery. Still above 7490.

Dear All,

>>> Nifty Hourly Chart <<<

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

Really a Panic fall below our Important support levels 7490 & 7460, We have exited our Positions. Recovery from the second half of trading gave a bullish Dragon fly doji. Lets wait and watch for more confirmation to enter again.

>>> SKSMICRO - Posted on 08th Jan, 2016 <<<

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

Wrote - SKSMicro may resist near the channel and may fall. We have shorted also.

>>> SKSMICRO - Booked Profit <<<

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

We have booked a good Profit of Rs.35000/- today. We expect more such fall on this stocks in coming days also.

>>> BHARATFORG - Hourly Chart - We are Long <<<

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

We are long in Bharat Forge - Looking for a Good Rally also. Cheers!!!

7490 Still Holding - Bank Nifty Support @ 17660

Dear All,

>>> NIFTY - DAILY CHART <<<

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

Nifty holding still 7490. Hope for a bounce.

>>> BANK NIFTY DIALY CHART <<<

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

Channel Support must hold for a come back. Lets Wait and See. Cheers!!!

Support @ 7490.

Dear All,

>>> Nifty Daily Chart <<<

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

7490 & 7550 Holding Still. Lets Wait and Watch.

Weekly Review - 11.01.2016

Dear All,

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

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

Last weekly Review - Have mentioned that - Price facing resistance @ 7965. See what happened.

>>> Nifty Weekly Chart - Happened <<<

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

It was a heavy fall - after resisted at 7965. Next Support @ 7550 and 7490.

>>> Nifty Daily Chart <<<

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

Inside bar shows some momentum for the bulls. Until the price holds above the previous low, upmove possible any time.

>>> Nifty Hourly Chart <<<

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

Hourly Chart gives a clear picture of Wave A and Wave B. Wave B retraced almost 100% of Wave A, Mean a Possible bounce back for Wave C on card. But if the low breaks, the count becomes invalid.

>>> Bank Nifty Daily Chart <<<

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

Its a 100% correction for Wave C till 16050. Must hold for a strong bounce back. Lets See.

>>> SKSMicro - Daily Chart <<<

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

We have shorted @ 540 Level for a good Fall.

>>> ADANIPORT - SL HIT & EXITED WITH LOSS <<<

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

Highly Volaitle Stock, costed us a Loss of Rs.20K, when we entered twice. Above chart suggest a good support @ 240 Level, If holds, Bounce back can be strong.

>>> HINDALCO Daily Chart <<<

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

Good Support @ 75 Level, If holds Expect a strong bounce back.

>>> Performance till 08th Jan, 2016 <<<

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

Send email to niftyforall@yahoo.com or whatsapp @ 9677924975 for details of our service. Cheers!!!

Support @ 7540 & 7490

Dear All,

>>> Nifty Daily Chart <<<

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

If you are a regular reader, you must know that, I have written many times - 7945 is a key resistance - Unable to cross may trigger a big sell off. As mentioned a lot of Fall happened till today. So what's Next. Price must hold 7540 or 7490 for a Meaningful come back. Else the fall may continue.

>>> Nifty Hourly Chart <<<

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

Above count is invalid if breaks below 7550.

>>> BANK NIFTY - Hourly Chart <<<

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

Bank Nifty looks like - Completed Wave C fall as 100% of Wave A. If holds above 16000 Bounce back may come in. Else fall to continue. Lets See.

>>> HINDUNILVR - Posted Yesterday <<<

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

We have advised our clients to short HUL Yesterday. See what happened.

>>> HINDUNILVR - Profit Booked @ 830 <<<

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

We Booked Profit @ 830. Cheers!!!

Watch 7710 & 7690 to Save the Bull

Dear All,

>>> Nifty Hourly Chart <<<

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

Watch 7710 or 7690 for more confirmation on either side.

>>> Bank Nifty - Posted on 04th Jan, 2016 <<<

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

Bank Nifty - Have posted on 04th Jan, 2016 - That we are in short in Bank Nifty - See what happened.

>>> Bank Nifty Hourly Chart - Booked Profit <<<

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

Have advised to cover short position with 350 points profit. Key Support if 16378 breaks, more fall ahead. Else bounce back on card.

>>> HINDUNILVR <<<

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

HUL - We have short position and expecting more fall. Cheers!!!

Must Hold 7760 for a Relief Rally

Dear All,

>>> Nifty Hourly Chart <<<

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

Took Profit near 7760 on our shorts. Tomorrow if breaks below 7760 support, price may try to fill the gap left near 7690.

>>> Bank Nifty Hourly Chart <<<

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

16525 must hold for a bounce back, else price may test 16376 on the downside. Cheers!!!

Broken 7850. Watch Next Support @ 7740.

Dear All,

>>> Nifty Daily Chart <<<

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

Daily Price - Unable to reach 100 DMA, Resisted @ 7965 and started falling as expected.

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

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

Posted on Weekly Review - Hourly chart - on a Raising Wedge pattern. See what happened.

>>> Nifty Hourly Chart <<<

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

As expected Price broken down the wedge and started falling, We are short in nifty from 7900, Holding.

>>> Bank Nifty Daily Chart <<<

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

Price unable to cross 50 DMA and failed to cross 17090 shows the weakness. We have advised our clients to take position below 16730 and holding. If 16190 breaks, more fall likely.

>>> VOLTAS - Holding Short <<<

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

Last month our position on voltas hit sl and made a loss. We have re-entered agian near 321 and holding still for a good fall. Lot Size is 1600. Cheers!!!

Weekly Review - 04.01.2016

Dear All,

>>> Nifty Weekly Chart <<<

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

Price moving above 100 Week moving average. 7965 Key Resistance, if Price able to hold above it, Next Possible move till 8097.

>>> Nifty Daily Chart <<<

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

Price closed above 50DMA. Now Price should cross key resistance 7965,8040 & 8097.

>>> Nifty Hourly Chart <<<

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

Hourly chart - moving on the last leg with raising wedge. Break above may trigger some more rally. Break below may trigger sell off.

>>> Bank Nifty Weekly Chart <<<

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

Bank Nifty to face a key resistance from 17090 and 17495.

>>> Bank Nifty Hourly Chart <<<

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

Key Resistance 17090 and 17110. Cross above may reach till next resistance 17325.

>>> CENTURYTEX - DAILY CHART <<<

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

Above 605, price zoomed till 619.50, top of the expanding triangle. If Price fails to cross the top of the channel - may correct. Above channel top, rally to continue.

>>> Performance for the month end of Dec, 2015 <<<

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

For details of our service write to niftyforall@yahoo.com or whatsapp @ 9677924975

Support Received @ 7890. Above 7945 - Rally to continue.

Dear All,

>>> Nifty Hourly Chart <<<

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

Price almost re-tested 7945 after getting support from 7890. If able to hold above 7945 - Rally till 8040.
Wish all our Readers and Friends - A Very Happy New Year 2016. Let Your Wealth Start Multiplying from this New Year 2016. Cheers!!!

>>> New Year Scheme - 2016 <<<

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New Year Scheme - is ON - Get Your Self Registered for 2016 full Year. Send us email @ niftyforall@yahoo.com or whatsapp @ 9677924975 for full details.