Nifty

500/1000 points to be sucked out of Nifty?

So Finally after 3 months of patience all my downside targets upto 8150-8250 has been achieved. In my previous post i mentioned about a crucial pattern “Multiple H&S” which had a neckline at 8560 and we did respect it on closing basis with targets on downside touched in just one day due to unexpected event. Demonetizing 500 and 1000 currency notes …

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Nifty

Humpty Dumpty had a great fall!

Humpty Dumpty Finally had a great fall from the 8550 wall! But for me this fall was interesting as it was anticipated on charts since long time. In my last few posts, strategy had remained to be Sell on rise while for safe traders i had been recommending 8600 PE Novemeber…Here’s a snap short  of previous few posts… Strategy …

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Nifty

Are you trapped on longs at 8800?

Markets had lots of buzz in last 10 days, starting from a Surgical strike, World War and Deutsche bank bankruptcy but that was in line of “Technical charts expectations”. Recent high on Nifty at 8806 was exactly where i expected in my last post on 29th September  at Bulls got their return ticket confirmed! Strategy suggested was : Now if you are …

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Nifty

Bulls got their return ticket confirmed!

Today was one of the most interesting expiry end of my career! It feels good when you have initiated call against 90% of the public on D-street and you get in right in just last 3 hours of trade. Had been betting on bears since mid expiry but wasnt get it right until today when …

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Nifty

Reason would be just a confirmation!

Volatility has been peaking since last few sessions, not just in India, but around the world. This brings some fear among traders. If we talk about some crucial factors signing a massive move ahead are: 1) Cash Portion avg in US Mutual fund is at 5.5% which is near to the same level it was in 2008 just before …

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Nifty

Upcoming “star” on D-street?

Finally it seems, Nifty has given a sell sign on Weekly charts after many months. In my last post “Behind Enemy Lines” , i mentioned to go short below 8720 level and we have seen for two sessions that we traded below the same level giving her intentions of further move. Though it doesnt mean we are going to …

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Nifty

Behind Enemy Lines

Nifty has been in a strong up-move with liquidity around the world flowing inside the markets which has been just supported by improving fundamentals. To say , last rally can be accredited to liquidity while still a long term fundamental move is yet undone. Since February we had seen a complete game in hands of …

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Nifty

Finally out of Congestion!

Finally Nifty has closed convincingly above my first tgt 8720 given on 20th July in my post: “Why Closing is important“!  And Now since my longs initiated on 14th July around 8370 at: “Time for Investors to be Active“, i would recommend to book 50% profit on trading longs!! Though after such a breakout from the consolidation pattern, my new target …

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Nifty

Jackson Hole at 8500! Are we falling?

Last expiry had been around 1% of the July close and it has irritated traders. But analysts were more irritated as Stop loss were triggering on both side of traders. But finally today we could get some signs of movement from Jackson Hole where yellen could sign some sign of rate hike in near future. If at …

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Nifty

Bulls yet racing on the edge!

In last few weeks we have got constant signs of accumulation in cash markets and also longs on futures market making us believe that bulls are leading the race but they are yet racing on the edge and doesnt seem to be in full control. As i have been mentioning in my previous posts about Nifty’s daily channel, we …

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