Friday, April 12, 2013
Thursday, April 11, 2013
>Nifty bearish scenario
Hi friends,
The nifty has been in a down move for quite some time now .Its been a slow drag
with in between fast bouts of dump.
Wave wise looking at structure on a weekly chart it suggests we could be in for a serious damage
in coming months after a relief rally ,I would suggest to book profits in coming rises and come out from struck positions after some relief.
We could be in making of big ABC structure which if materializes can seriously damage ones portfolio ,Would rather say has already damaged ,Ask someone having midcap portfolio.
Coming back to charts nifty is forming a squeeze which should give a relief rally in some time
Nifty support lies in 5470-5400 range
The nifty has been in a down move for quite some time now .Its been a slow drag
with in between fast bouts of dump.
Wave wise looking at structure on a weekly chart it suggests we could be in for a serious damage
in coming months after a relief rally ,I would suggest to book profits in coming rises and come out from struck positions after some relief.
We could be in making of big ABC structure which if materializes can seriously damage ones portfolio ,Would rather say has already damaged ,Ask someone having midcap portfolio.
Coming back to charts nifty is forming a squeeze which should give a relief rally in some time
Nifty support lies in 5470-5400 range
Wednesday, January 30, 2013
>Nifty january expiry..
Hi friends,
Nifty continues to hover near 6050 i feel a upside push is waiting to happen
towards 6080-6100+ at least to finish the pattern tomorrow being expiry day
6100 call or on breakdown 6000 put looks hero or zero bet.
I would reckon if 6000 is held today i would be betting for 6100 or safer bet 6000 call.
happy expiry speculation:)...
Nifty continues to hover near 6050 i feel a upside push is waiting to happen
towards 6080-6100+ at least to finish the pattern tomorrow being expiry day
6100 call or on breakdown 6000 put looks hero or zero bet.
I would reckon if 6000 is held today i would be betting for 6100 or safer bet 6000 call.
happy expiry speculation:)...
Tuesday, January 29, 2013
>Nifty elliot wave january 2013
Hi Friends,
As the following chart shows we are witnessing a impulse from 5620
The chart has been labeled which suggests we in 5 th of the impulse started from 5620.
The 5th could very well be evolving in the ending diagonal on hourly chart ,As we see its
a combination of 3's every where in 5th wave by this we can say if 6010 holds in futures
we can witness another up before a abc fall can start else if 6010 goes before rise ,That means
the impulse got over at todays high.
RESEARCH REPORTS
As the following chart shows we are witnessing a impulse from 5620
The chart has been labeled which suggests we in 5 th of the impulse started from 5620.
The 5th could very well be evolving in the ending diagonal on hourly chart ,As we see its
a combination of 3's every where in 5th wave by this we can say if 6010 holds in futures
we can witness another up before a abc fall can start else if 6010 goes before rise ,That means
the impulse got over at todays high.
RESEARCH REPORTS
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