>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Yes, Just wait for a relief rally. Support @ 7790. Resistance @ 7930.
Wednesday, August 26, 2015
Wait for Relief Rally. Support @ 7790
Dear All,
>>> Nifty Hourly Chart <<<
Yes, Just wait for a relief rally. Support @ 7790. Resistance @ 7930.
>>> Nifty Hourly Chart <<<
Yes, Just wait for a relief rally. Support @ 7790. Resistance @ 7930.
Tuesday, August 25, 2015
Is this a Buy on Dips ???
Dear All,
>>> Nifty Hourly Chart - Posted Yesterday <<<
Wrote - Market to bounce any time if the channel holds. See what happen.
>>> Nifty Hourly Chart - Happened <<<
China Rate cut may trigger more rally tomorrow also. We are long since 7800. Expecting a rally above 8000.
>>> DLF <<<
We are already in a profit of Rs.20,000/- waiting for more rally. Cheers!!!
>>> Nifty Hourly Chart - Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Wrote - Market to bounce any time if the channel holds. See what happen.
>>> Nifty Hourly Chart - Happened <<<
>>> Click the chart to see on full screen <<<
China Rate cut may trigger more rally tomorrow also. We are long since 7800. Expecting a rally above 8000.
>>> DLF <<<
>>> Click the chart to see on full screen <<<
We are already in a profit of Rs.20,000/- waiting for more rally. Cheers!!!
Monday, August 24, 2015
Worst is Yet to Come or Over ??? 7770 & 7724 to Decide !!!
Dear All,
>>> Nifty Daily Chart <<<
If the above Head and Shoulder is not wrong - Expect more fall and worst to come. Pattern wise if this goes wrong - Alternative given on Hourly chart may come into effect.
>>> Nifty Hourly Chart <<<
As per EW count - Possibly we may on Wave (c) ( to complete (B) ) - which has retraced or fell down 261.8% of Wave (a). Hence the channel Support shown on chart @ 7770 or 7724 must hold for a recovery. Else Fall may continue - AS shown on Daily Chart. Lets wait and See. Very Interesting day tomorrow. Lets Wait for it. Cheers!!!
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
If the above Head and Shoulder is not wrong - Expect more fall and worst to come. Pattern wise if this goes wrong - Alternative given on Hourly chart may come into effect.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
As per EW count - Possibly we may on Wave (c) ( to complete (B) ) - which has retraced or fell down 261.8% of Wave (a). Hence the channel Support shown on chart @ 7770 or 7724 must hold for a recovery. Else Fall may continue - AS shown on Daily Chart. Lets wait and See. Very Interesting day tomorrow. Lets Wait for it. Cheers!!!
Saturday, August 22, 2015
Weekly Review 24.08.2015
Dear All,
>>> Nifty Daily Chart <<<
Price below 50 and 100 DMA - Broken the Triangle like pattern also. Late recovery on friday gave a Long legger doji - which suggest some more rise possibe as a relief rally next week - which shall be used for a sell again.
>>> Nifty Hourly Chart <<<
Don't know - if the above chart is understandable or not. But i have tried to give my best counts and channels - to show how the price moved on hourly chart so far.
I feel like its a double shouldered - Head and Shoulder Pattern. Hence there shall be some possible relief rally - may fall later on. So caution again.
>>> Bank Nifty Daily Chart <<<
No doubt many might have wrongly guided by the last week upmove on Bank Nifty - But I have been continuously updating in our blog to stay caution - many times. Many might have trapped in Long - by the false rally - and misguided with false Rate cut news also.
Bank Nifty making a complicated move - So next movement shall be confirmed only with next week movement. Above chart say - a bounce back possible if the channel holds next week. Else it may be an one more Sell on Rise Strategy only.
>>> Bank Nifty Hourly Chart <<<
As usual - its very clear from hourly chart - How bulls and bears played it from the support and resistance line. Every time bulls took chance to bounce from the support line and bears take their full chance to sell when it get resisted on channels - So as per channel support on friday - seems like a relief rally possible to fill the gap left above.
>>> Weekly Stocks Performance <<<
>>> CIPLA <<<
Booked Rs.19000/-
>>> ASIANPAINTS - Posted on 20th Aug, 2015 <<<
We have posted ASIANPAINTS as a Sell stock - See what happened.
>>> ASIANPAINTS - Happened <<<
Price made a low of 864 and bounced. If the throw back as shown on chart - got resisted on the channel line, price may resume the fall again.
>>> GLENMARK - Flop of the week <<<
Booked a Loss of 40K.
>>> Performance till 21st Aug, 2015 <<<
Please send email to niftyforall@yahoo.com for our service details.
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
Price below 50 and 100 DMA - Broken the Triangle like pattern also. Late recovery on friday gave a Long legger doji - which suggest some more rise possibe as a relief rally next week - which shall be used for a sell again.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Don't know - if the above chart is understandable or not. But i have tried to give my best counts and channels - to show how the price moved on hourly chart so far.
I feel like its a double shouldered - Head and Shoulder Pattern. Hence there shall be some possible relief rally - may fall later on. So caution again.
>>> Bank Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
No doubt many might have wrongly guided by the last week upmove on Bank Nifty - But I have been continuously updating in our blog to stay caution - many times. Many might have trapped in Long - by the false rally - and misguided with false Rate cut news also.
Bank Nifty making a complicated move - So next movement shall be confirmed only with next week movement. Above chart say - a bounce back possible if the channel holds next week. Else it may be an one more Sell on Rise Strategy only.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
As usual - its very clear from hourly chart - How bulls and bears played it from the support and resistance line. Every time bulls took chance to bounce from the support line and bears take their full chance to sell when it get resisted on channels - So as per channel support on friday - seems like a relief rally possible to fill the gap left above.
>>> Weekly Stocks Performance <<<
>>> CIPLA <<<
>>> Click the chart to see on full screen <<<
Booked Rs.19000/-
>>> ASIANPAINTS - Posted on 20th Aug, 2015 <<<
>>> Click the chart to see on full screen <<<
We have posted ASIANPAINTS as a Sell stock - See what happened.
>>> ASIANPAINTS - Happened <<<
>>> Click the chart to see on full screen <<<
Price made a low of 864 and bounced. If the throw back as shown on chart - got resisted on the channel line, price may resume the fall again.
>>> GLENMARK - Flop of the week <<<
>>> Click the chart to see on full screen <<<
Booked a Loss of 40K.
>>> Performance till 21st Aug, 2015 <<<
>>> Click the chart to see on full screen <<<
Please send email to niftyforall@yahoo.com for our service details.
Thursday, August 20, 2015
Get Ready for a Roller Coaster If 8360 Breaks
Dear All,
>>> Nifty 5 Mins Chart - Posted Yesterday <<<
Wrote yesterday - nifty having two supports, as per channel drawn on chart. See what happened today ???
>>> Nifty Hourly - Happened <<<
As you all know - I have send on whatsapp - 8360 if breaks - Price may fall more. Caution.
>>> ASIAN PAINTS <<<
Looks like a wedge, and if breaks, more fall likely. As mentioned on chart - We have short position. Cheers!!!
>>> Nifty 5 Mins Chart - Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Wrote yesterday - nifty having two supports, as per channel drawn on chart. See what happened today ???
>>> Nifty Hourly - Happened <<<
>>> Click the chart to see on full screen <<<
As you all know - I have send on whatsapp - 8360 if breaks - Price may fall more. Caution.
>>> ASIAN PAINTS <<<
>>> Click the chart to see on full screen <<<
Looks like a wedge, and if breaks, more fall likely. As mentioned on chart - We have short position. Cheers!!!
Wednesday, August 19, 2015
Resistance 8524,8540 & 8560
Dear All,
>>> Nifty 5 Mins Chart <<<
Its a complicated correction and difficult to count also. But if the count is not wrong - expect price to get resisted @ 8524,8540 or 8560. Once cross above these levels may trigger some more rally also. Lets wait for confirmation. Cheers!!!
>>> Nifty 5 Mins Chart <<<
>>> Click the chart to see on full screen <<<
Its a complicated correction and difficult to count also. But if the count is not wrong - expect price to get resisted @ 8524,8540 or 8560. Once cross above these levels may trigger some more rally also. Lets wait for confirmation. Cheers!!!
Tuesday, August 18, 2015
Triangle Break Down - Resistance @ 8490
Dear All,
>>> Nifty 5 Mins Chart <<<
Triangle break down. Sub Wave (ii) retraced almost 100% and broken down the triangle. Key Resistance 8490 if not crossed - more fall likely.
>>> CIPLA - Posted Yesterday <<<
Posted Yesterday - Cipla to fall.
>>> CIPLA - Happened <<<
Booked Profit Rs.19000. Cheers!!!
>>> Nifty 5 Mins Chart <<<
>>> Click the chart to see on full screen <<<
Triangle break down. Sub Wave (ii) retraced almost 100% and broken down the triangle. Key Resistance 8490 if not crossed - more fall likely.
>>> CIPLA - Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Posted Yesterday - Cipla to fall.
>>> CIPLA - Happened <<<
>>> Click the chart to see on full screen <<<
Booked Profit Rs.19000. Cheers!!!
Monday, August 17, 2015
Did you Expected this Fall Today ?!?!?!?
Dear All,
>>> Nifty 5 Mins Chart - Posted on Weekly Review <<<
Wrote on Friday Post - 8560 as resistance. See what happened today !!!
>>> Nifty 5 Mins Chart - Happened <<<
Price broken the pitchform and resisted as shown on the chart. Now if breaks below the support line as given on chart - expect more fall.
>>> CIPLA <<<
Channel Broken as shown on chart. If holds below the channel - More fall likely. We are short from 728, Looking for more fall. Cheers!!!
>>> Nifty 5 Mins Chart - Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote on Friday Post - 8560 as resistance. See what happened today !!!
>>> Nifty 5 Mins Chart - Happened <<<
>>> Click the chart to see on full screen <<<
Price broken the pitchform and resisted as shown on the chart. Now if breaks below the support line as given on chart - expect more fall.
>>> CIPLA <<<
>>> Click the chart to see on full screen <<<
Channel Broken as shown on chart. If holds below the channel - More fall likely. We are short from 728, Looking for more fall. Cheers!!!
Saturday, August 15, 2015
Weekly Review - 17.08.2015
Dear All,
Arun Jaitley's 7 Big Announcements to Revamp PSU Banks
Finance Minister Arun Jaitley on Friday unleashed big bang reforms for the public sector banking system in a bid to revitalize capital-starved and corruption-prone state-run banks.
High levels of non-performing assets in state-run banks have made it hard for the government to revive investment or accelerate growth, analysts say. In a big move to revamp state-run banks, the government is working on a 7-point agenda, said Financial Services Secretary Hasmukh Adhia.
The first element of the government's strategy, Mr Adhia stressed, is appointments. Two bankers from the private sector have been appointed as heads of PSU banks in a much-hyped move. Former Microsoft India chairman and current Infosys board member Ravi Venkatesan will become the chairman of state-run Bank of Baroda.
Bank Board Bureau: The government will set up a Bank Board Bureau through which two dozen state-run banks would be monitored for key performance indicators.
Capitalization: The government will inject a total of Rs 25,000 crore of capital into debt-laden state banks in this fiscal; Rs 20,000 crore would be injected in a month. Over the next four years, the government plans to inject Rs 70,000 crore.
De-stressing: Bad loan ratios at state-run banks have near-doubled in the past four years as weak economic growth hurt companies' ability to repay debt. However, the situation of stressed assets is not so bad, Mr Adhia said.
Empowerment: More flexibility will be given to state-run banks for hiring manpower, the government said.
The government will soon come out with a framework of accountability and announced more reforms as part of its strategy to revamp the public sector banking sector, Mr Adhia said.
>>> Nifty Daily Chart <<<
>>> Nifty Hourly Chart <<<
If the given resistance and RSI crosses, Expect a good short covering and rally. Else Price may again fall, But this time Bears may come back with full strength.
>>> Nifty 5 Mins Chart - Posted on Friday <<<
>>> Nifty 5 Mins Chart - Happened and Whats Next <<<
>>> Bank Nifty Daily Chart <<<
Banking REforms 2015 - and flow of news from Govt. may give more rally if the given levels crosses - as mentioned on chart. Interesting week ahead, as we can expect more bomb shell can be dropped from either bull or bear.
>>> Bank Nifty Hourly Chart <<<
>>> Weekly Stock Performance <<<
>>> DISHTV <<<
>>> ASIAN PAINTS <<<
>>> LICHSGFIN <<<
>>> ARVIND <<<
Arun Jaitley's 7 Big Announcements to Revamp PSU Banks
Finance Minister Arun Jaitley on Friday unleashed big bang reforms for the public sector banking system in a bid to revitalize capital-starved and corruption-prone state-run banks.
High levels of non-performing assets in state-run banks have made it hard for the government to revive investment or accelerate growth, analysts say. In a big move to revamp state-run banks, the government is working on a 7-point agenda, said Financial Services Secretary Hasmukh Adhia.
The first element of the government's strategy, Mr Adhia stressed, is appointments. Two bankers from the private sector have been appointed as heads of PSU banks in a much-hyped move. Former Microsoft India chairman and current Infosys board member Ravi Venkatesan will become the chairman of state-run Bank of Baroda.
Bank Board Bureau: The government will set up a Bank Board Bureau through which two dozen state-run banks would be monitored for key performance indicators.
Capitalization: The government will inject a total of Rs 25,000 crore of capital into debt-laden state banks in this fiscal; Rs 20,000 crore would be injected in a month. Over the next four years, the government plans to inject Rs 70,000 crore.
De-stressing: Bad loan ratios at state-run banks have near-doubled in the past four years as weak economic growth hurt companies' ability to repay debt. However, the situation of stressed assets is not so bad, Mr Adhia said.
Empowerment: More flexibility will be given to state-run banks for hiring manpower, the government said.
The government will soon come out with a framework of accountability and announced more reforms as part of its strategy to revamp the public sector banking sector, Mr Adhia said.
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<Third Time 50 DMA saved the Bulls. Banking Index giving a good support for Nifty to bounce back. It looks like the ball in the hand of Banking Sector. Friday News about Banking Reforms from Govt fueled the rally in Bank Index and Banking Stocks. Such news flow may continue to give strength for all the index too.Lets wait and see.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<Clear support from the nackline or base line gave a good rally. But still chart suggest that - Key resistance as mentioned on chart may be a major hurdle for bulls.
If the given resistance and RSI crosses, Expect a good short covering and rally. Else Price may again fall, But this time Bears may come back with full strength.
>>> Nifty 5 Mins Chart - Posted on Friday <<<
>>> Click the chart to see on full screen <<<Fortunately we wrote on Friday - market may give a relief rally and can move till 8446 and 8480. See what happened and what's Next.
>>> Nifty 5 Mins Chart - Happened and Whats Next <<<
>>> Click the chart to see on full screen <<<As we updated on Friday Post, Nifty rallied and it was too fast and too high as 1-5 as mentioned on chart. 8560 may resist the bulls.
>>> Bank Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<As mentioned on Chart - Bank Nifty fall looks like a Consolidation for sub wave B. Hence if able to break above 19100 or above - Expect some Good Take Over Rally. Else Bears may hit back once again.
Banking REforms 2015 - and flow of news from Govt. may give more rally if the given levels crosses - as mentioned on chart. Interesting week ahead, as we can expect more bomb shell can be dropped from either bull or bear.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<As per Counts given on chart - Looks like - we are on the 4th sub wave upmove, which may find its resistance @ 18830. If this count was not wrong - expect a fall for the 5th sub wave on the downside. Above 18830 counts becomes invalid and may find its next resistance at the channel above as shown on chart.
>>> Weekly Stock Performance <<<
>>> DISHTV <<<
>>> Click the chart to see on full screen <<<Booked Profit Rs.20,000/-.
>>> ASIAN PAINTS <<<
>>> Click the chart to see on full screen <<<Asian Paints Made a low of 862. We made a profit 10,000/-.
>>> LICHSGFIN <<<
>>> Click the chart to see on full screen <<<Almost near the First Target @ 474. We booked at 480 with Rs.15000/-
>>> ARVIND <<<
>>> Click the chart to see on full screen <<<Made a Profit of Rs,30,000/-
Thursday, August 13, 2015
Relief Rally may Resist @ 8446 & 8480
Dear All,
>>> Nifty 5 Mins Chart <<<
Relief Rally may get resisted @ 8446 and 8480.
>>> Nifty 5 Mins Chart <<<
>>> Click the chart to see on full screen <<<
Relief Rally may get resisted @ 8446 and 8480.
Wednesday, August 12, 2015
Is it a "SELL ON RISE" or "SELL EVERY THING" - What to do !!!
Dear All,
>>> Nifty Daily - As Posted Yesterday <<<
Warned Yesterday about the Second Trend line - See what happened.
>>> Nifty Daily - Happened <<<
We are short in Nifty from 8540-45, Continue to Hold the Short and advised to add more at higher level. Today Price almost reached 8337. More than 200 Point Profit in 2 Weeks of time.
So what's Next - Chart suggest - the Trend has turned as "Sell on RSI". Price if breaks the Neck line - as shown on above chart - Expect More Fall on Card.
>>> Bank Nifty Daily - As Posted on Weekly Review <<<
Wrote on Weekly Review - Trend line resistance may turn into a Bear. See what happened.
>>> Bank Nifty Daily - Happened <<<
Nearly a 1000 Points fall in just 2 days. It looks like - nothing is in favour of Bull now. Chart suggest more fall coming. Lets See.
>>> LICHSGFIN - Posted on Weekly Review <<<
Wrote - on Weekly REview - We had short on LIC Housing. See what happened.
>>> LICHSGFIN - Happened <<<
So far we are in a profit or more than Rs.15000/- Expecting more fall.
>>> ASIAN PAINTS - Posted on Weekly Review <<<
Posted on Weekly Review - Chart facing resistance @ 924 and if unable to cross - may trigger a correction. See what happend.
>>> ASIAN PAINTS - Happened <<<
Yes - We made Rs.10,000 in just a 3 Day fall.
>>> DISHTV - Posted on Weekly Review <<<
As usual - Dish TV also posted on Weekly REview - Just See what happened.
>>> DISHTV - Happened <<<
Good Profit of Rs.20,000 made. Cheers!!!
>>> Nifty Daily - As Posted Yesterday <<<
>>> Click the chart to see on full screen <<<
Warned Yesterday about the Second Trend line - See what happened.
>>> Nifty Daily - Happened <<<
>>> Click the chart to see on full screen <<<
We are short in Nifty from 8540-45, Continue to Hold the Short and advised to add more at higher level. Today Price almost reached 8337. More than 200 Point Profit in 2 Weeks of time.
So what's Next - Chart suggest - the Trend has turned as "Sell on RSI". Price if breaks the Neck line - as shown on above chart - Expect More Fall on Card.
>>> Bank Nifty Daily - As Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote on Weekly Review - Trend line resistance may turn into a Bear. See what happened.
>>> Bank Nifty Daily - Happened <<<
>>> Click the chart to see on full screen <<<
Nearly a 1000 Points fall in just 2 days. It looks like - nothing is in favour of Bull now. Chart suggest more fall coming. Lets See.
>>> LICHSGFIN - Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote - on Weekly REview - We had short on LIC Housing. See what happened.
>>> LICHSGFIN - Happened <<<
>>> Click the chart to see on full screen <<<
So far we are in a profit or more than Rs.15000/- Expecting more fall.
>>> ASIAN PAINTS - Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Posted on Weekly Review - Chart facing resistance @ 924 and if unable to cross - may trigger a correction. See what happend.
>>> ASIAN PAINTS - Happened <<<
>>> Click the chart to see on full screen <<<
Yes - We made Rs.10,000 in just a 3 Day fall.
>>> DISHTV - Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
As usual - Dish TV also posted on Weekly REview - Just See what happened.
>>> DISHTV - Happened <<<
>>> Click the chart to see on full screen <<<
Good Profit of Rs.20,000 made. Cheers!!!
Tuesday, August 11, 2015
Next Support @ 8436 & 8386
Dear All,
>>> Nifty Daily - As Posted on Weekly Review <<<
Remember what we have updated on Weekly Review - Just see the Resistance line ... See what happened.!!!
>>> Nifty Daily - Happened <<<
Resistance Line - Helped to bear for a good Sell Off..RSI if breaks - More Sell of with the Second trend line as shown on chart. Caution Again.
>>> Nifty Hourly Chart <<<
Next Support - from the channel - As shown on chart. If 8436 Holds - possible recovery - Else may test Next Support at 8386 and even below.
>>> ARVIND - As Posted on Weekly Review <<<
Wrote on Weekly REview - Arvind - to fall more. See what happened !
>>> ARVIND - Happened <<<
Booked Profit Rs.30,000 Today. Cheers!!!
>>> Nifty Daily - As Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Remember what we have updated on Weekly Review - Just see the Resistance line ... See what happened.!!!
>>> Nifty Daily - Happened <<<
>>> Click the chart to see on full screen <<<
Resistance Line - Helped to bear for a good Sell Off..RSI if breaks - More Sell of with the Second trend line as shown on chart. Caution Again.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Next Support - from the channel - As shown on chart. If 8436 Holds - possible recovery - Else may test Next Support at 8386 and even below.
>>> ARVIND - As Posted on Weekly Review <<<
>>> Click the chart to see on full screen <<<
Wrote on Weekly REview - Arvind - to fall more. See what happened !
>>> ARVIND - Happened <<<
>>> Click the chart to see on full screen <<<
Booked Profit Rs.30,000 Today. Cheers!!!
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