>>> Nifty Hourly Chart <<<
>>> click the chart to see on full screen <<<
Resisted at the trend line, must cross above for a healthy rally.
Monday, January 25, 2016
Key Resistance @ 7480 & 7500
Dear All,
>>> Nifty Hourly Chart <<<
Resisted at the trend line, must cross above for a healthy rally.
>>> Nifty Hourly Chart <<<
Resisted at the trend line, must cross above for a healthy rally.
Saturday, January 23, 2016
Weekly Review - 25.01.2016
Dear All,
Indian equity markets are likely to be volatile ahead of the expiry of January 2015 derivative contracts while the next batch of third quarter earnings from large corporates will also dictate the trend.
However, global markets rebounded later during the week when European Central Bank Chief Mario Draghi hinted at injection of stimulus into the European economy and oil prices staged a recovery.
On the global front, the forthcoming two-day policy meeting of the US Federal Reserve starting January 26 will be something which will be tracked by market participants across the globe. The meeting of Bank of Japan will also be tracked by investors across global markets.
Last week global markets bounced back after European Central Bank (ECB) President Mario Draghi signalled the prospects of further monetary stimulus for the euro zone economy. The ECB left key interest rates unchanged after a monetary policy review.
The US Fed is also likely to keep interest rates unchanged largely on concerns around a slowdown in the global economy, China jitters and a relentless fall in crude oil prices throughout last week.
"Markets would also keep a close vigil on the two-day monetary policy meeting of Bank of Japan that will end on January 29, in which it is expected that add more to quantitative easing," the report said.
Foreign institutional investors (FIIs) largely remained on the sell side of Indian equities. They sold close to Rs 6,500 crore worth of stocks last week.
Rupee Falling in line with the local stock markets, the Indian currency also suffered losses. The Indian rupee during the week breached the 68-mark against the American currency for the first time since September 4, 2013. The fall in the rupee is attributed mainly to devaluation of Chinese Yuan, relentless drop in the oil prices, and the outflow of capital by the Foreign Institutional Investor.
During the week, the crude oil prices crashed below $27/barrel, lowest since 2003 on persistent worries of slowing demand. Further, the addition of Iranian oil after its international sanctions were lifted over the weekend added woes to the supply glut. However, crude oil prices staged a recovery later in the week with both the Nymex and Brent crude quoting above $30 a barrel as severe cold weather conditions in the US and Europe boosted demand.
Prominent companies from the Sensex pack such as HDFC twins, Maruti Suzuki, ICICI Bank, Bharti Airtel, NTPC, and L&T will announce their December quarter results during the week.
>>> Nifty Weekly Chart <<<
Bullish Dragon Fly Doji - Shows - More Recovery on Next Week Also.
>>> Nifty Daily Chart <<<
Daily Chart - Shows a False Break Out - Means many traders might have Hit SL or might have wrongly entered a Short Positions. We advice them caution, as Bulls may trap them Next Week.
>>> Nifty Hourly Chart <<<
Yes - We have mentioned on our previous updates also - We are long on Nifty. Just Hold it for a good Rally as per target.
>>> Bank Nifty Daily <<<
Bank Nifty Completed Wave C, Extended till 161.8% of Wave A. If the above chart and counts are not wrong - get ready for a rally. We are long in Bank Nifty also.
>>> Bank Nifty Hourly Chart <<<
Hourly Chart on a clear break out from Falling Wedge. Cross above 50 HMA may trigger more rally till 100 HMA also. Hold Long and Enjoy the rally.
>>> AXISBANK Daily - Posted 19th Jan, 2016 <<<
Posted on 19th Jan, WE are long in Axis Bank. You all know what happened Friday, Stock Rallied heavily after Quarterly Result. So what's Next.
>>> AXISBANK - Whats Next ??? <<<
Clear Break on RSI - If holds, More Rally above the trend line on price chart also. We are long from 390 with almost a profit of Rs.35000/-
>>> ADANIENT - Posted on 20th Jan, 2016 <<<
Wrote we are long in ADANIENT - Mentioned - an Expanding Triangle - may give support for price.
>>> ADANIENT - Hold Long <<<
Price started moving from the channel support. Hold you long for more rally.
Write to us on niftyforall@yahoo.com for details of our service and whatsapp @ 9677924975
Indian equity markets are likely to be volatile ahead of the expiry of January 2015 derivative contracts while the next batch of third quarter earnings from large corporates will also dictate the trend.
However, global markets rebounded later during the week when European Central Bank Chief Mario Draghi hinted at injection of stimulus into the European economy and oil prices staged a recovery.
On the global front, the forthcoming two-day policy meeting of the US Federal Reserve starting January 26 will be something which will be tracked by market participants across the globe. The meeting of Bank of Japan will also be tracked by investors across global markets.
Last week global markets bounced back after European Central Bank (ECB) President Mario Draghi signalled the prospects of further monetary stimulus for the euro zone economy. The ECB left key interest rates unchanged after a monetary policy review.
The US Fed is also likely to keep interest rates unchanged largely on concerns around a slowdown in the global economy, China jitters and a relentless fall in crude oil prices throughout last week.
"Markets would also keep a close vigil on the two-day monetary policy meeting of Bank of Japan that will end on January 29, in which it is expected that add more to quantitative easing," the report said.
Foreign institutional investors (FIIs) largely remained on the sell side of Indian equities. They sold close to Rs 6,500 crore worth of stocks last week.
Rupee Falling in line with the local stock markets, the Indian currency also suffered losses. The Indian rupee during the week breached the 68-mark against the American currency for the first time since September 4, 2013. The fall in the rupee is attributed mainly to devaluation of Chinese Yuan, relentless drop in the oil prices, and the outflow of capital by the Foreign Institutional Investor.
During the week, the crude oil prices crashed below $27/barrel, lowest since 2003 on persistent worries of slowing demand. Further, the addition of Iranian oil after its international sanctions were lifted over the weekend added woes to the supply glut. However, crude oil prices staged a recovery later in the week with both the Nymex and Brent crude quoting above $30 a barrel as severe cold weather conditions in the US and Europe boosted demand.
Prominent companies from the Sensex pack such as HDFC twins, Maruti Suzuki, ICICI Bank, Bharti Airtel, NTPC, and L&T will announce their December quarter results during the week.
>>> Nifty Weekly Chart <<<
>>> Click the chart to see on full screen <<<
Bullish Dragon Fly Doji - Shows - More Recovery on Next Week Also.
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
Daily Chart - Shows a False Break Out - Means many traders might have Hit SL or might have wrongly entered a Short Positions. We advice them caution, as Bulls may trap them Next Week.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Yes - We have mentioned on our previous updates also - We are long on Nifty. Just Hold it for a good Rally as per target.
>>> Bank Nifty Daily <<<
>>> Click the chart to see on full screen <<<
Bank Nifty Completed Wave C, Extended till 161.8% of Wave A. If the above chart and counts are not wrong - get ready for a rally. We are long in Bank Nifty also.
>>> Bank Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Hourly Chart on a clear break out from Falling Wedge. Cross above 50 HMA may trigger more rally till 100 HMA also. Hold Long and Enjoy the rally.
>>> AXISBANK Daily - Posted 19th Jan, 2016 <<<
>>> Click the chart to see on full screen <<<
Posted on 19th Jan, WE are long in Axis Bank. You all know what happened Friday, Stock Rallied heavily after Quarterly Result. So what's Next.
>>> AXISBANK - Whats Next ??? <<<
>>> Click the chart to see on full screen <<<
Clear Break on RSI - If holds, More Rally above the trend line on price chart also. We are long from 390 with almost a profit of Rs.35000/-
>>> ADANIENT - Posted on 20th Jan, 2016 <<<
>>> Click the chart to see on full screen <<<
Wrote we are long in ADANIENT - Mentioned - an Expanding Triangle - may give support for price.
>>> ADANIENT - Hold Long <<<
>>> Click the chart to see on full screen <<<
Price started moving from the channel support. Hold you long for more rally.
Write to us on niftyforall@yahoo.com for details of our service and whatsapp @ 9677924975
Thursday, January 21, 2016
More Consolidation Ahead !!!
Dear All,
>>> Nifty Hourly Chart <<<
its a Falling Wedge and Price failed to give a break out today. So, can expect some more consolidation before breaking out, may move along with the world market. Lets wait and watch, Have Patience.
>>> AXIS BANK - Follow Up - Hold Long <<<
Profit So far 20,000/- and Holding Long still for the first Target.
>>> Nifty Hourly Chart <<<
>>> Click the chart to see on full screen <<<
its a Falling Wedge and Price failed to give a break out today. So, can expect some more consolidation before breaking out, may move along with the world market. Lets wait and watch, Have Patience.
>>> AXIS BANK - Follow Up - Hold Long <<<
>>> Click the chart to see on full screen <<<
Profit So far 20,000/- and Holding Long still for the first Target.
Wednesday, January 20, 2016
Where is the Bull ??? Still Alive or Dead ???
Dear All,
>>> NIFTY DAILY CHART <<<
7190,7220 or 7240 acts a good support. Wave C kept extending and blood bath continuing on the street. Lets wait.
>>> AXIS BANK - Follow Up <<<
Holding Long in Axis. Above 50 HMA - One side rally possible.
>>> ADANIENT - Hourly Chart <<<
Long in AdaniEnt also. Expanding Triangle - If holds the bottom of the channel - Expect a good Bounce. Cheers!!!
>>> NIFTY DAILY CHART <<<
>>> Click the chart to see on full screen <<<
7190,7220 or 7240 acts a good support. Wave C kept extending and blood bath continuing on the street. Lets wait.
>>> AXIS BANK - Follow Up <<<
>>> Click the chart to see on full screen <<<
Holding Long in Axis. Above 50 HMA - One side rally possible.
>>> ADANIENT - Hourly Chart <<<
>>> Click the chart to see on full screen <<<
Long in AdaniEnt also. Expanding Triangle - If holds the bottom of the channel - Expect a good Bounce. Cheers!!!
Tuesday, January 19, 2016
7350-60 Should Hold for a Good Rally ?!?!?!
Dear All,
>>> NIFTY DAILY - Posted Yesterday <<<
Posted Yesterday that Nifty might have bottomed out. See what happened today.
>>> NIFTY DAILY - Happened <<<
Price jumped form the Channel Support, Need hold the support 7350-60 for a good rally. We are long since yesterday.
>>> AXISBANK - Daily Chart <<<
Yes - We are long in Axis Bank - Price completed last leg of fall as 1-5. More Short Covering and Rally possible. We are long in Axis Bank also for a good Profit. Cheers!!!
>>> NIFTY DAILY - Posted Yesterday <<<
>>> click the chart to see on full screen <<<
Posted Yesterday that Nifty might have bottomed out. See what happened today.
>>> NIFTY DAILY - Happened <<<
>>> click the chart to see on full screen <<<
Price jumped form the Channel Support, Need hold the support 7350-60 for a good rally. We are long since yesterday.
>>> AXISBANK - Daily Chart <<<
>>> click the chart to see on full screen <<<
Yes - We are long in Axis Bank - Price completed last leg of fall as 1-5. More Short Covering and Rally possible. We are long in Axis Bank also for a good Profit. Cheers!!!
Monday, January 18, 2016
Where is the Bottom ???
Dear All,
>>> NIFTY DAILY CHART - POSTED ON WEEKLY REVIEW <<<
Wrote on weekly Review - Price must test and hold the Channel support as shown on chart. See what happened today.
>>> NIFTY DAILY CHART <<<
As expected Price test the channel support, Given Support must hold for a Good Bounce, Else fall to continue. Cheers!!!
>>> NIFTY DAILY CHART - POSTED ON WEEKLY REVIEW <<<
>>> Click the chart to see on full screen <<<
Wrote on weekly Review - Price must test and hold the Channel support as shown on chart. See what happened today.
>>> NIFTY DAILY CHART <<<
>>> Click the chart to see on full screen <<<
As expected Price test the channel support, Given Support must hold for a Good Bounce, Else fall to continue. Cheers!!!
Saturday, January 16, 2016
Weekly Review - 18.01.2016
Dear All,
>>> NIFTY DAILY CHART <<<
Nifty may take support on or near the channel as shown on chart.
>>> BANK NIFTY DAILY CHART <<<
Key Support 15150 must hold.
>>> HINDALCO - Posted Last Weekly Review <<<
We have advised Last week about Hindalco for any upmove and holding long also.
>>> HINDALCO - Exited With Loss <<<
Booked Loss below 73 and Exited.
>>> SKSMICRO - Posted Last Weekly Review <<<
We have advised a Sell to our clients on SKSMicro.
>>> SKSMICRO - Booked Profit <<<
Have Booked Profit of Rs.35000/-
>>> BHARATFORG - Posed on 13th Jan, 2016 <<<
Have advised a long on Bharath Forge.
>>> BHARATFORG - Hold <<<
Hold till 780-783 as a Support.
>>> Performance till 15th Jan, 2016 <<<
Please send email to niftyforall@yahoo.com or whatsapp @ 9677924975 for details of our service.
>>> 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.
Thursday, January 14, 2016
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 <<<
Looks like a false break out today. If so, expect one more fall tomorrow also.
>>> RELIANCE - HOURLY CHART <<<
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!!!
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!!!
Wednesday, January 13, 2016
Panic & Recovery. Still above 7490.
Dear All,
>>> Nifty Hourly Chart <<<
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 <<<
Wrote - SKSMicro may resist near the channel and may fall. We have shorted also.
>>> SKSMICRO - Booked Profit <<<
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 <<<
We are long in Bharat Forge - Looking for a Good Rally also. Cheers!!!
>>> 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!!!
Tuesday, January 12, 2016
7490 Still Holding - Bank Nifty Support @ 17660
Dear All,
>>> NIFTY - DAILY CHART <<<
Nifty holding still 7490. Hope for a bounce.
>>> BANK NIFTY DIALY CHART <<<
Channel Support must hold for a come back. Lets Wait and See. Cheers!!!
>>> 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!!!
Monday, January 11, 2016
Support @ 7490.
Dear All,
>>> Nifty Daily Chart <<<
7490 & 7550 Holding Still. Lets Wait and Watch.
>>> Nifty Daily Chart <<<
>>> Click the chart to see on full screen <<<
7490 & 7550 Holding Still. Lets Wait and Watch.
Saturday, January 09, 2016
Weekly Review - 11.01.2016
Dear All,
>>> Nifty Weekly Chart - Posted Last Weekly Review <<<
Last weekly Review - Have mentioned that - Price facing resistance @ 7965. See what happened.
>>> Nifty Weekly Chart - Happened <<<
It was a heavy fall - after resisted at 7965. Next Support @ 7550 and 7490.
>>> Nifty Daily Chart <<<
Inside bar shows some momentum for the bulls. Until the price holds above the previous low, upmove possible any time.
>>> Nifty Hourly Chart <<<
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 <<<
Its a 100% correction for Wave C till 16050. Must hold for a strong bounce back. Lets See.
>>> SKSMicro - Daily Chart <<<
We have shorted @ 540 Level for a good Fall.
>>> ADANIPORT - SL HIT & EXITED WITH LOSS <<<
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 <<<
Good Support @ 75 Level, If holds Expect a strong bounce back.
>>> Performance till 08th Jan, 2016 <<<
Send email to niftyforall@yahoo.com or whatsapp @ 9677924975 for details of our service. Cheers!!!
>>> 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!!!
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