Weekly Review 22nd Jan 2018

Dear All,

>>> Nifty Weekly Chart <<<

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

Resistance @ 10920 & 11065


>>> Bank Nifty Daily Chart <<<

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

Resistance @ 26960 & 27600

>>> N4A & Whatsapp <<<

Support @ 10780 & Resistance @ 10885 & 10920

Dear All,

“Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.” – Alan Farley

>>> Nifty Hourly Chart <<<

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

Resistance @ 10885 - 10920 If breaks above may give fresh rally.

>>> Bank Nifty Hourly Chart <<<

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

26885 - 26940 if breaks may give a Fresh Rally. Support if breaks may give correction.

>>> SBIN - Hourly Chart Posted Yesterday <<<

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

Posted Yesterday - that we are long.

>>> SBIN - Hourly Chart - Booked Profit Rs.30,000/- <<<

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

Booked Rs.30,000/- Profit and No Holdings Now.

>>> DRREDDY - Hourly Chart - Booked Profit Rs.25000/- <<<

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

Booked and Exited With Rs.25000/-. No HOldings Now.

>>> N4A - Whatsapp <<<

Send Request with Name and Location. Cheers!!!

Above 10800 - 830 - 855 Rally to continue till 10925

Dear All,

>>> Nifty Hourly Chart - Posted on 14th Jan 2018 <<<

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

Posted on 14th Jan, 2018 - Above 10730 may trigger fresh rally.

>>> Nifty Hourly Chart - More Rally Possible <<<

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

Price if breaks above the wedge - Fresh Rally to test 10830 - 10855 - 10925.


>>> Bank Nifty Hourly Chart - Posted on 14th Jan 2018 <<<

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

Posted that - Break above triangle - may give fresh rally

>>> Bank Nifty Hourly Chart - Fresh Rally going ON <<<

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

Next Levels are 26460 & 26960.

>>> SBIN - We are Long <<<

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

We are Long. Cheers!!!

Weekly Review - 15th Jan, 2018

Dear All,

The MYTH OF SHORT SELLING :-

Most Important Question to be asked before starting this story :-

Why do Traders Short Index and Stocks in Stock Market and loose money rather than believing in a Bull Market.

Short selling refers to the tactic of selling a stock without owning it, with the view that the price is likely to fall further and, hence, there is profit to be made by buying it back at a cheaper price. In Indian equity markets, short selling is typically undertaken via the futures and options route since short (sell) positions in the cash markets can be held only intra-day.

Its widely believed that Shorting give a fast money than a Long trade. Hence many chart analyst advice Short Selling than Making long. Some times they become a critics of economy, growth number, present govt and finally start believing in pessimistic approach. I personally believe or found that - these short sellers never take into account the Risk Vs Reward Ratio - some times they don't even have a Stop Loss, Kept saying that - Sell on Every Rise. Finally their loss become Un controllable.

I can say that - more than 60% to 80% of Derivative Traders Lost their Precious Hard Earned money - Either by Shorting or Buying PUTs - with out analyzing their risk and money management.

So why and how Shorts can be Utilized. Its simple to me that, Shorting can be done to Hedge or Protect your Longs or Profits. Either You Short a Future or Buy PUTS to Protect yourself from any major Losses in an Uncertain Market.

This doesn't mean that I am against Shorting the Market. When the Market ready to fall or Starts a Bear Phase - A Best Trade is to Short. But Unless you are not sure or clear about a Fall - When You short a Future Contract on Index or Stock or Buying PUT Options - will make Your Losses to Peak.

Most of the Traders make mistakes in identifying their Shorts Timing and met Huge Loss. When you are Long, Its easy to identify how far the Stock or index may fall by identifying its Support, Mean while - when a Stock or INdex Rise after you enter a Short - Its hard to find out - how long it will move UP and where you can Cut Your Loss and when to Exit Short.

A BAD SHORT is a Big Risk for Your Capital.


>>> Nifty Daily Chart <<<

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

Nifty closed above 10530 & 10660 - Next Resistance @ 10730 & 10760.


>>> NIFTY Hourly Chart <<<

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

Price need to Cross above 10700 - 730 for a Fresh Rally and Short Covering. Support @ 10600 - Must break for a short term weakness.

>>> Bank Nifty Daily Chart <<<

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

Price Must trade above 25780 for a Rally till 26070.

>>> Bank Nifty Hourly Chart <<<

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

Price need to cross above 26070 to test 26460 & 26960.Support @ 25530 & 25455 if breaks - Short Term Correction to start.

>>> NIFTY IT - Weekly Chart <<<

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

Expect a Bulls Best Friends from IT stocks - If IT Index Trades above 12180.

>>> Performance till 12th Jan 2018 <<<

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

Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision

>>> N4A & Whatsapp <<<

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If You have already registered and not getting messages now - Just ping and inform to add agian. Cheers!!!

Resistance :- Nifty 10660 - Bank Nifty 25780

Dear All,

>>> Nifty Hourly Chart <<<

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

Resisted again @ 10660 - Must trade above for Upmove.

>>> Bank Nifty Hourly Chart <<<

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

Resisted @ 25780 - Must trade above for Upmove. Cheers!!!

Resisted @ 10660 - May Correct.

Dear All,

>>> Nifty Hourly Chart <<<

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

We have Booked out Long with 185 Points Profit today. Resistance 10660 - If not crossed may Consolidation or Even Correct as per support given on chart.

>>> Bank Nifty Hourly Chart <<<

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

We have Booked Out longs with 295 Points Profit. Resistance 25770-780 if not crossed - May possibly Consolidate or Correct as per support given on chart.

>>> SREINFRA - Hourly Chart - Profit Booked Rs.25000/- <<<

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

Booked Profit with Rs.25000. Cheers!!!

Weekly Review - 08th Jan, 2018

Dear All,

New traders are concerned only with making money. They celebrate when their trades are profitable and ignore trades that lose money. This is a bad idea. The path to becoming a long-term successful trader requires an understanding why the trades lost money. Then it becomes possible to reduce the number of trades that failed. In other words, if you buy call or put options, only to see them expire worthless, then you should fare better by finding other strategies -- other than buying options.

We all make winning and losing trades -- just because of probability. Some, but few, traders are skilled at predicting market direction. However, most traders -- including professional money managers -- have a difficult time outperforming the market averages. Studies have shown that most individual investors fail to understand this simple principle and tend to believe that their results are better than their actual results. In other words, they believe they do better than the market averages, when in fact, they perform far worse.

To meet that goal, we must practice good risk management and be certain that our losses are limited to acceptable levels. However, that is not the only thing we can do to achieve success as a trader. The way we think -- the trader mindset -- contributes a great deal to the success or failure of almost every trader.

Lower GDP forecast may dampen the spirit :-

India's gross domestic product (GDP) will grow by 6.5 per cent in the current fiscal, sharply down from 7.1 per cent growth clocked in 2016-17, the Central Statistical Office (CSO) said on January 5, as businesses were hit by the chaotic launch of GST last July. The GST transition impact is clearly visible.

Macro Data:-

The data for November industrial production and December CPI inflation will be released after market hours on Friday.

The retail inflation measured by the Consumer Price Index for November had increased to a 13-month high of 4.88 percent, from 3.58 percent in October, mainly due to increase in food and oil prices, while India’s industrial output slowed to 2.2 percent in October as compared with 3.8 percent a month ago.

Foreign exchange reserves data for the week ended January 5 will also be announced on Friday while balance of trade data will be declare on Wednesday.

Crude :-

Brent crude futures, the benchmark for international oil prices, crossed USD 68 a barrel level for the first time since May 2015 is the key risk for country like India which imports more than 80 percent of oil requirement.

Brent crude futures settled the week below that level, at USD 67.62 a barrel. Experts expect the crude can hit USD 70 a barrel, which is still manageable for India but beyond that the risk will increase in terms of widening fiscal deficit. Not only economy but also companies that are depend upon on crude.

Global Cues :-

Europe's industrial sentiment for December and retail sales for November will be announced on Monday, followed by unemployment rate for November on Tuesday.

China's December CPI and US' gasoline production will be released on Wednesday while Europe's industrial production for November and US' initial jobless claims will be announced on Thursday. European Central Bank will also publish account of monetary policy meeting on Thursday.

US' CPI and retail sales data for December will be declared on Friday.

>>> Nifty Weekly Review <<<

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

In order to answer the most frequently asked question - Posted Above Weekly Chart. Almost a 8 year journey is given here. Hence price may test the channel top before a correction.

>>> Nifty Daily Chart <<<

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

10550 Broken on Friday - New Rally and High on the way.

>>> Nifty Hourly Chart <<<

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Next Resistance @ 10600 - 10660 - 10720.


>>> Bank Nifty Weekly Chart <<<

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

Bank Nifty - In the middle of GST & Demo - Performed well - with the help of Pvt Banks. Almost doubled in less than two year. Price may try to test the channel top.

>>> Bank Nifty Daily Chart <<<

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

Price Started moving on the upper side. Above 25630 may test 25780.

>>> Bank Nifty Hourly Chart <<<

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

Hourly Chart looks Interesting - Break above trend line may give more Rally. Key Resistance @ 25630 & 25780 may give us more rally.

>>> SBIN - Hourly Chart - Holding Long <<<

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

Holding Long.

>>> DrReddy's Lab - Hourly Chart - Booked Profit <<<

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Booked Profit. May or May not - Re-Enter as per movement.

>>> N4A - Services <<<

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For more details of our service - whatsapp or email to niftyforall@yahoo.com

Above 10550 - Fresh Rally

Dear All,

>>> NIFTY Hourly Chart <<<

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

Price if breaks above 10515 & 10550 - Expect Fresh Rally & Short Covering.

>>> Bank Nifty Hourly Chart <<<

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

Price crossed above 25400 - More rally above 25640-50. We are Long.

>>> CNX-PSUBANK- Hourly Chart <<<

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

PSU Banks looks Bottomed out. Above 3750 & 3780 > Fresh Short Covering Possible.

>>> SBIN - Hourly Chart <<<

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

SBIN - On the Move. If break Out - Rally to start. We are long.

>>> DRREDDY's Lab - Hourly Chart <<<

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

Holding Long, Looking for a Break Out and Rally. Cheers!!!

>>> N4A & Whatsapp <<<

Fresh Request should be done with Name and Location. Existing clients - If not getting messages - Must Ping.

Support @ 10440 - 10405 - 10370

Dear All,

>>> Nifty Hourly Chart <<<

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

Support @ 10440 - 10405 - 10370.

Will 10400 Hold to Help BULL ???

Dear All,

>>> Nifty Hourly Chart <<<

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

Channel support @ 100HMA - Must help Bulls to move again.

>>> SREINFRA - Hourly Chart <<<

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

We are Long.

Weekly Review - 01st Jan, 2018

Dear All,

The SEBI's decision to allow exchanges to provide equity and commodity trading from next year; and to relax the entry norms for foreign portfolio investors boosted sentiment and Good News for 2018.

Economic Data :-

With the new month ahead, certain domestic data will be released next week. Nikkei manufacturing purchasing managers’ index (PMI) will be rolled out on January 2. The services PMI will also be rolled out on January 4, 2018. Official data on M3 money supply will also be released later in the upcoming week as well.

FII Flows :-

Domestic investors continued to be net buyers for December, offering support to the market at a time when FIIs have looked hesitant in this market too. Experts believe that it is this buying by DIIs that has provided the cushion to D-Street. For December, FIIs sold Rs 6,411.57 crore worth of shares, while domestic institutional investors (DIIs) were net buyers worth Rs 8,142.88 crore.

Global Cues :-

The Street will watch out for crucial economic data coming in from developed and other emerging markets. For instance, China, Europe and US will be declaring their manufacturing PMI on January 2, followed by truck sales and services PMI in US and China later in the week. Further, market could take cues from European CPI inflation, along with US employment data.

Crude :-

The Street will watch out for cues on the movement of crude oil. As such, markets have been rattled in the recent past on the back of rising oil prices. Brent crude prices have clocked USD 65-mark and have hovering around the same region. Meanwhile, US crude is also seen rising and settled around USD 60-mark.

Bond Movement :-

Bond yields have been rising in the recent past, largely on the back of inflationary issues as well as rising crude prices. This has, in turn, affected the markets here and got investors cautious of the movements as well.

Last week, the yields had also jumped after the government announced additional borrowing of around Rs 50,000 crore through gilts. The RBI has also swung into action as it cancelled two bond auctions on Friday. Yields were seen stabilizing after that move.

Going forward, experts believe, there could be further hardening on likely reversing of easing cycle by the RBI amid inflationary risks. Government borrowing has also worried investors.

Bitcoin :-

The Street would also look to see the regulatory view on bitcoins, the virtual currency which has witnessed phenomenal gains in the recent past. The currency clocked USD 19,000 during the year, before seeing a sell off, but has settled down from its wild swings.

The Ministry of Finance has cautioned people against investing in virtual currencies and compared them to ponzi schemes.

"There has been a phenomenal increase in recent times in the price of Virtual 'Currencies' (VCs) including bitcoin, in India and globally. The VCs don't have any intrinsic value and are not backed by any kind of assets. The price of bitcoin and other VCs, therefore, is entirely a matter of mere speculation resulting in spurt and volatility in their price."

Moreover, the Ministry of Finance has cautioned people against investing in virtual currencies and compared them to ponzi schemes.

"There has been a phenomenal increase in recent times in the price of Virtual 'Currencies' (VCs) including bitcoin, in India and globally. The VCs don't have any intrinsic value and are not backed by any kind of assets. The price of bitcoin and other VCs, therefore, is entirely a matter of mere speculation resulting in spurt and volatility in their price."

Simultaneously, in a note to clients, Morgan Stanley analyst James Faucette and his team made the case that it difficult to ascribe value to the cryptocurrency.

Bitcoin can’t be considered a 'real currency' like the U.S. dollar, because the cryptocurrency doesn’t have an interest rate associated with it, i.e. it has no cash flow, Faucette said.

OPINIONS VS FACTS :-

Very few new traders take the step from trading opinions and predictions to trading actual price action and signals. Amateurs take trades based on feelings while professionals have fact based reasons. A signal is a quantifiable reason to take a trade based on its price action, a technical indicator, a trend line, or a price pattern. Even trading the psychology of the market requires price to arrive at a level that aligns with the fear or greed of the masses that the trader is trying to profit from. “Buying a dip” is not a signal while buying a pull back in the Nifty or Bank Nifty Index to the 50 day simple moving average or prices reaching the 30 RSI on a daily chart inside an uptrend over the 200 day simple moving average is a signal based on quantifiable facts. Also any signal should be researched on historical charts or back tested to see the historical profitability of trading off the signal. Historical price patterns tend to repeat over and over and create tradable signals for capturing trends and reversals.

Other types of signals are more discretionary and can rely on pure price action and buying breakouts of price ranges, trend lines, and chart patterns. Trading breakouts of ranges, lines, and patterns are quantifiable but leave a lot of discretion with the trader and are also are difficult to back test. Traders have to stay consistent with how they draw trend lines and identify chart patterns so they do not start seeing what they want to see or read price action is a biased manner to fit their preconceived beliefs. This type of breakout trading is simply trying to capture the beginning of a new trend as price leaves the previous trading range and signals a potential change in trend. Having a reason for taking a trade is still far better than simply trading off a hunch, a belief, a feeling, or a prediction. I personally prefer using more quantified trading signals like price support and resistance levels, moving averages, MACD, and RSI to take out as much of my opinions as possible from my trading decisions.

In trading it is always important to have a specific reason for entering a trade that will put the odds in your favor for potential winning percentage, risk/reward ratio, and a great chance to be on the right side of the trend in your time frame. Trading without quantifiable signals puts your trades at no better than random and on the side of the majority that are trading their internal beliefs instead of the external realities of the price action of the market. You want to replace as much of your discretionary trading as possible with quantifiable signals that give you a specific reason for entering a trade. Beliefs and predictions about what the market will do, should do, or can’t possible do is not a trading system, quantified entries and exits that express a winning trading system is the path to profitability.

>>> Nifty Monthly Chart <<<

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

On Monthly Basis - It seems we have more Rally Pending till 11400. It doesn't mean that we are going straight on the upper side of the target. Many consolidations and corrections to be met in. It's going to be very interesting year of 2018 - for Stock Market Lovers.

>>> Nifty Weekly Chart <<<

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

Price on a break out may test the upper channel or 10800+.

>>> Nifty Daily Chart <<<

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

If this is a 5th and last leg of rally - Price still have rally pending.

>>> Nifty Hourly Chart <<<

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

Resistance @ 10550-570 if breaks above Fresh Rally Possible.

>>> Bank Nifty Monthly Chart <<<

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

Last 2 month candles sticks are showing in-decisions.

>>> Bank Nifty Weekly Chart <<<

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

Weekly Chart - Facing resistance from the trend line.

>>> Bank Nifty Daily Chart <<<

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

Last Leg, might be inside a triangle.

>>> Bank Nifty Hourly Chart <<<

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

Resistance 25780 - if not crossed - might see a correction till channel support.

>>> DrReddy's Lab - Posted on 27th Dec, 2017 <<<

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

Posted on 27th Dec, 2017 and Holding Long.

>>> INFRATEL - Hourly Chart <<<

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

Booked Profit Rs.17000/-

>>> BEML - Daily Chart <<<

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

Waiting for a Wedge break out - We are Long.

>>> Performance for the Month end of Dec 2017 <<<

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

Above performance is not a Promise or guarantee for the given Profits or Loss.Performance given based on 1 lot at a time and clients Profit differ as per the margin availability and Number of Lots taken by them. We may or may not re-enter the Calls given here hit Stop Loss, as per market movement. The charts given above are just for educational purpose only and we don't recommend any Entry / Buy or Exit / Sell. Reader must taken their own decision or consult their qualified Analyst before making any decision

>>> N4A & Whatsapp <<<

Send registration request with name and location.