Fully Charged!!!

Hi Friends,

Bullish Engulf at the bottom, Support @ 7720 - 7680.

Nifty on weekly charts -

Bullish Engulf with Positive Divergence + RSI support @ 40 seems like bulls are back fully charged
Bottomed at 7720-7710 levels and from 3-4 trading session its trading positive, and today it successfully broken a crucial resistance of 7940-7950.

Crucial supports @  7710 - 7680 and Resistance at 8300-8340-8500-8560.

Happy trading, Trade with Stoploss and with proper Money management.

Will be positing soon.

Bearish Engulf at top!!!

Hi Friends,

Bearish Engulf on Top of the move,

After forming bottom @ 7500-7550 on 8-Sep, From 7550 Nifty touch 8300 (10%), Now its taking resistance of 8330 - 8360 and 200DMA is @ 8378-8380 which will be crucial levels for Nifty.

Nifty gave 10% upside movement since sep-2015, now on charts a stop is seen @ 8300 - 8330, A successive break below 8250 & 8200 will lead Nifty to 8130 - 8090 levels.

Active traders - trade with strict stoploss  and Investors just grab this opportunity for creating wealth.

Will be positing soon.

Festival sale is on!!!

Hi friends,

Festival has arrived with discount on STOCK MARKETS, where good stocks are trading at 25-30% discounts,

Technical View -

Index - On weekly charts of Nifty, Positive Candle RSI Divergence has occurred with resistance near 8000 - 8100 - 8230 and supports near 7650 - 7500 levels.

Medium term trade (2-3 months View) look for buying opportunities on various stocks.

Stock which i feel that can give 15-20 % move are - SBI, AXIS, LT, VEDL, Tatamotors
 
Will be posting soon.

Thanks.
Trade with SL & with proper MM.

Ready for UP tick soon!!!

Hi friends,


Yesterday markets outshine Asian peers where Nifty managed to closed in green.

After a fall from 8375-7670 (700 points), On daily charts it has formed pattern with RSI divergence.

Candle Stick pattern on daily - Hammer with RSI candle divergence.

Looks like Nifty has created a bottom with strong supports @ 7760 - 7660 and key resistance @ 7950 - 8050. A decisively break above 8050 - 8060 will lead Nifty to touch 8200 - 8250.

Good Stocks are available at great value, Pick good stocks for medium term and long term.

Short term picks - Relcap, Gail, L&TFH, Tatamotors.

Trade with SL & with proper MM.

Will be posting soon.

Thanks.

BULLs ready for a move.

Hi friends,


After a huge sell off yesterday (500 points),  Nifty charts showing weakness in down trend.

Formation of patterns + Divergence on hourly charts confirming that bulls are charged and equipped for BUY.

Break above 7930 will lead Nifty towards north - 8050-8100-8200 levels can be seen soon.

 Traders trade with Strict Stoploss as volatility has increased a lot. (~25% vix), Signs volatility to prevail in the coming days.

Trade with SL & with proper MM.

Will be positing soon,
Thanks.

 

Indices bleed!!!

Hi friends,

Sensex crashed by more then 1600 points in one day, Biggest fall for the financial year.

For investor a good time to accumulate good stocks at good values. Coming period will be good for long term investors (10-20 years). Goods stocks are trading at a 25-30 % discount values go and accumulate stocks.

Nifty -After a biggest fall it now trading @ 7790 - 7810 levels, key support now is 7730-7700 below 7700 will confirm further downside and a decisively break above 8000 - 8050 levels will be turning point.

Advise not to panic and look at opportunities for long term.


Will be position soon.
Thanks
Trade with Stoploss & with Proper MM.

Global seldom drag indian market

Hi friends,

Global seldom drag Indian markets, but does Indian markets are looking very weak... Don't think so.

China PMI @ 2 year low, Greece PM Alexis Tsipras resigned which are the reason of today's fall.

Nifty - Trading at supports @ 8230 - 8190 on daily charts, 8213 retracement level (61.8%) of 7940 - 8655 levels.

Advise not to panic and look at opportunities for long term as well as for short term.


Will be position soon.
Thanks
Trade with Stoploss & with Proper MM.

V Shape recovery... HOPE IT CONTINUE

Hi Friends,

After a step fall on Nifty from 8620 - 8340, Nifty is now trading at support zone on daily charts.

A break above 8440-8450 will lead Nifty to 8520-8560 levels in 1-2 days.

On daily charts - Its trading at support zone of 8340 - 8300, Hidden RSI Divergence confirming a Upward journey.

Buying at the current levels will be good with small risk.

Will be posting soon. Stay blessed.

Thanks.

Stressed out!!!

Hi Friends,

Nifty break and sustain above 8450 and touch 8570 & almost 8600 levels in today's trading session.

Hurdles for Nifty- 8600 - 8640, A break above 8660 will lead nifty to 8700 - 8760. But time is to wait and watch whether Nifty is able to sustain above 8640 - 8660 or A short trade @ 8620-8630 with proper confirmation on charts will be awaited.

As of now its wait and watch game for traders.

 

Will be posting soon. Stay blessed.

Thanks.

Bulls attack!!!

Hi Friends,

The last post said nifty is likely to see a downward journey till 8420 - 8360, which was achieved on 28th Jul thanks to global and domestic news.

Now what, looks like Nifty has taken support of 8360 - 8310 levels. Hammer on hourly charts + RSI Divergence indicating weakness in the down trend.

 A decisively break above 8440-8450  will lead nifty to 8570 - 8640 levels.

 

Will be posting soon. Stay blessed.

Thanks.

Bears started attacking!!!

Hi Friends,

As expected, Nifty down by 70pts 8520, Sustain below 8500 - 8490, might see a fall of another 100-200 points (8420-8360)

On hourly charts Super Trend + Bollinger Bands gave weak signal indicating a move towards south & on double confirmation on Daily Charts where RSI gave Negative Divergence.

Will be posting soon. Stay blessed.

Thanks.

Bulls watch out!!!

Hi friends,

After a rally of 300 points on Nifty (8315-8640), Bulls are likely to take rest & bears might be aggressive, which will lead Nifty to touch 8480 - 8420 below 8400 it may touch 8360 - 8320 levels.

On hourly charts Super Trend + Bollinger Bands gave weak signal indicating a move towards south & on double confirmation on Daily Charts where RSI gave Negative Divergence.

Bulls watch out and ready for a down tick. Bears will be aggressive if Nifty able to sustain below 8520 - 8500 levels.

Will be posting soon. Stay blessed.

Thanks.

Traders relaxing before weekend..

Hey friends,

After a north word journey from 8350-8640(+3.5%) , Nifty closed with marginal gains,

8650 - 8710 levels to watch out and if it sustains above 8710 then 8830-8850 can been seen on the cards, However 8590 - 8580 been a crucial levels.

Will be posting soon. Stay blessed.

Thanks.