• Hence confirmed!

    Hence confirmed!

    Nifty had been volatile in the strict range since few months between 9700-10150 but in such course it was giving a perfect corrective Wave which was proved this week. In my last post we did study two cases where we expected either sharp downside or rally, and now our fortune …Read More »
  • GST Simplified to fuel next rally or its a Start of Wave C to 9400?

    GST Simplified to fuel next rally or its a Start of Wave C to 9400?

    Nifty has completed short covering which i mentioned in my last post and targets of 9980 were achieved on Friday. But now what next? Technically speaking we should now trade after getting closer to 10050-10060…But can GST Simplified announcement fuel the rally ??…Lets look at the chart May be you …Read More »
  • Markets in confused state of Mind!

    Markets in confused state of Mind!

    Nifty Saw a Quick fall from 10178-9813 in just 6 sessions which was a night mare to most of the traders! But i am sure whosoever ready my blog on 19th Sept last week , when Nifty closed at 10148, they would have made good money in this fall. In my last …Read More »
  • Time to liquidate Short term trading positions on Index!

    Time to liquidate Short term trading positions on Index!

    Nifty has been range bound in recent sessions after it gives a first tick of movement. But in such a course it has given a perfect move on 5 Wave theory! Nifty is currently into a 3rd Wave of a minor trend and its expected to end this Wave within next 2 sessions. Technically, …Read More »
  • Time to accumulate Pharma stocks!

    Time to accumulate Pharma stocks!

    Pharma stocks has been worst performing since 2015 and which is the reason why investors are now shifting their investment out of Pharma , but i would say STOP off loading! Pharma index have tested patience of investors. We could feel the pinch because almost all front line pharma stocks has corrected atleast 50% from 2015 …Read More »
  • Is it Start of the End?

    Is it Start of the End?

    Infosys which has been pillar of many large investor portfolio since almost 2 decades, has taken a hit in last two sessions. This hit could be the Start of the End of Infosys era!  On 13th April, in my post “Can INFY loose its decade old rally?” , i already warned and …Read More »
  • Bottom is yet away!

    Bottom is yet away!

    Hello Readers! Finally after a long break am back to my blog. Nifty has crossed 10000 mark in pretty short time and so the correction which has kicked off is gonna be more sharp and deep from current close of 9837. Lets have a look at the Nifty daily chart! So …Read More »
  • Tata Steel yet to start a rally

    Tata Steel yet to start a rally

    Tata Steel has shown some fantastic momentum in recent years and now investors who have missed the move are waiting for a correction or feels the stock is overvalued. But lets talk about the stock technically again! In my last post on Tata Steel at “Still avoiding Metal Stocks? Not …Read More »
  • Nifty closed below two strong supports!

    Nifty closed below two strong supports!

    Nifty Continued with is volatility throughout the week but Evening star pattern on Weekly charts and Bearish Engulfing pattern on daily chart which i mentioned in my last post : “Nifty near to triple Support” are still Valid.  Additionally , Two supports out of three which were crucial for the week …Read More »
  • Nifty near to triple Support

    Nifty near to triple Support

    Nifty has been pretty range bound since last two expires with slowly pinching new high but since this monday we have got some signs of profit booking. Since my last two posts i was awaiting a small profit booking on the index and finally this week has given some strong …Read More »