NiftyforAll

Saturday, July 11, 2015

Weekly Review - 13.07.2015

Dear All,

>>> Nifty Weekly Chart <<<

Its a Spinning Top Candle Stick. Price almost Touched 50WMA. May be its a reversal Sign. If trades below 50WMA - Bear may take Advantage. Caution Advised.

>>> Nifty Daily Chart <<<

Wave X completed as ABC - which was resisted @ 50% retrace near 8558 or 8561. Hence the count and pattern shows unhealthy for bulls. It looks like a Sell on rise.

>>> Nifty Hourly Chart <<<

Its a clear support at 8320 after completing a 1-5 rally till 8561. Below 8320 - Price may see 8190-85 level.

>>> Bank Nifty Daily Chart <<<

Like Nifty Bank Nifty also completed Wave X as abcde. Until channel holds the price below, Price may remain under pressure form Bears. Cross above the channel may favour Bulls.

>>> Bank Nifty Hourly Chart <<<

Price retraced on friday may get resisted on the lower trend line of the pitchfork. Almost the Gap also filled. Unable to cross above Friday high may trigger sell off.

>>> HINDUNILVR - Posted on 09th July, 2015 <<<

Wrote - Price may correct move if stays below the wedge. See what happened.

>>> HINDUNILVR - Happened <<<

As expected - Price started falling below the wedge. More such fall expected. Cheers!!!

Thursday, July 09, 2015

Support @ 8320 & 8250

Dear All,

>>> Nifty Hourly Chart <<<

As wrote Yesterday On Hourly Chart - Price touched near 8320. If breaks may test 8250. Else expect some relief rally.

>>> APOLLO HOSPITAL <<<

ABC completed inside the channel as shown on chart. Expect more fall if the channel breaks as shown on chart.

>>> HINDUNILVR <<<

Broken wedge. If price stays below the trend line - expect more fall. Cheers!!!

Wednesday, July 08, 2015

Game Over ????

Dear All,

>>> Nifty Daily Chart <<<

If this Pattern and Count are not Wrong - Worst is Yet to Start.

>>> Nifty Hourly - Posted on Whatsup Today <<<

Chart posted on Whatsup today afternoon. 8320-25 not broken still. Lets wait and see. Cheers!!!

Tuesday, July 07, 2015

Major Hurdle @ 8670-80

Dear All,

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

Posted on Last Friday - was a road map for next move. See what happened.

>>> Nifty 15 Mins Chart <<<

Resistance at 8670-80. Lets Wait and See. Cheers!!!

Monday, July 06, 2015

Resistance @ 8575 & 8680.

Dear All,

Today we are discussion a Two Alternatives on Nifty Hourly Chart. As per our previous updates - After Nifty Crossed above 8430 - Pattern and counts also changed. So as far as the current trend - still we have some more rally left. Since I feel that the rally is for Wave (X) or as Wave (b) - Stocks are not going to perform - and no doubt - You can witness a good volatile and choppiness also.

Today when all the world markets are bleeding - Our Index able to close on a positive zone. If you want to know why ??? Here is the reason given below as chart. Both the Alternative are singing a Bearish Tone Only. Lets See how it works.

>>> Nifty Hourly Chart - First Alternative <<<

First Alternative - Counted as ABC for Wave X. In such a case - Price on the last leg of Wave C.

>>> Nifty Hourly Chart - Second Alternative <<<

Second Alternative - Price moving up for Wave B. In such a case - Price on the last leg of Wave B.

Both the scenario looks for a Bearish move, almost near the last leg of upmove. Above charts don't recommend any short now, as the rally may extend a bit more. Cheers!!!

Sunday, July 05, 2015

Weekly Review 06.07.2015

Dear All,

>>> Nifty Daily Chart <<<

Yes, its a firm stand by Nifty. Above Channel + 100 Day Moving Average and 8430. Next 8566.

>>> Nifty Hourly Chart <<<

Above 8490-95 - Rally may continue till 8680.

>>> Bank Hourly Chart <<<

Bank Nifty near channel Resistance - Break above may move further up.

>>> XXX XXX <<<

Above stock is facing a crucial resistance on channel. Unable to cross may trigger more sell off.

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

Kindly send email to niftyforall@yahoo.com for details of our service.

Thursday, July 02, 2015

A CAT on the WALL ..!!!

Dear All,

>>> Nifty Hourly Chart <<<

8495 Key Resistance - Cross above can rally till 8680. RSI looks dangerous. So the CAT may jump any where any time. Caution.

>>> Bank Nifty Hourly Chart <<<

18666 - May give a tuff resistance for bulls. Cross above may see more rally. Else Fall. Caution.

>>> BPCL - Daily <<<

Last 4 days - some of our friends requested for BPCL Outlook. So presenting here the view for the Stock. Looks like RSI and Price are on a break out still. So next Resistance are at 907,924 and 945 Cheers!!!

Wednesday, July 01, 2015

Above 8425 - More Rally Possible. Caution Advised at Higher Level

Dear All,

>>> Nifty Hourly Chart <<<

Nifty breaks above 8425. Now the Price moving as 1-5 and we are on the last 5th wave. Key Resistance as shown on above chart. Caution advised at higher level.

>>> LT Hourly Chart <<<

LT on the last leg of upmove. 1820 or channel may act as a resistance for bulls. Caution advised at higher level.

>>> HINDUNILVR <<<

Stock on a move for Wave X as 1-5 as shown on chart. Caution advised at higher level. Key resistance @ 832 and 950. Cheers!!!

Tuesday, June 30, 2015

Gap Filled - Now Resistance @ 8378 & 8423

Dear All,

>>> Nifty Hourly Chart <<<

The current rally may be for wave (b) - today filled the gap left between 8330 and 8378. Today high was exactly 8378. Tomorrow 8378 and 8423 may act as a key resistance. RSI looking for a break out, if happens price may rally. Lets See.

>>> LT Hourly Chart <<<

Had a second short entry in LT. RSI still on Bear side. Channel may act as a resistance. Lets See. Cheers!!!

Monday, June 29, 2015

Key Resistance 8330

Dear All,

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

Posted the above chart on weekly review - Said the importance of the Channel and RSI. See what happened.

>>> Nifty Hourly - Happened <<<

Market Opened up with a big gap down and We booked almost a 200 Points Profit today.
Above chart shows the Gap has filled and the Resistance line must be crossed for any upmove. Else fall may continue.

>>> LT - Posted on Weekly Review <<<

We wrote to sell LT. See what happened !!!

>>> LT - Happened <<<

As Expected Price Fell on the opening Bell. We Booked on the First Target with a Profit of Rs.6875/-

>>> Biocon - Posted on Weekly Review <<<

Wrote about trend line support for Biocon. See what happened.

>>> BIOCON - Happened <<<

As expected Price broken the trend line. We booked Rs.10,000 Profit. Cheers!!!

Saturday, June 27, 2015

Weekly Review - 29.06.2015

Dear All,

>>> Nifty Weekly Chart <<<

Its a clear break out from RSI - But still price need to confirm the same for a clear rally. Price above 50 Week Moving Average may also help the bulls.

>>> Nifty Daily Chart <<<

Explanation on chart. To make it simple - Trend line to decide the trend.

>>> Nifty Hourly Chart <<<

Hourly Chart giving us a different view. RSI - for the last 4 days moving negatively while price stays below the upper channel. If price cross above the channel may trigger a Short covering and Fresh Buying. Else if RSI break the trend line as shown on chart - Sell off may start.

>>> Bank Nifty Weekly <<<