Tuesday, June 19, 2018

Is Nifty top in place again? Are you ready for another BIG trend!

Nifty had been drifting lower over past few days and prices are on verge of breaking another important support level on downside. The weakness now seems to be global and not local. It is time to “cash the crash”!
In below charts you can see how we are able to capture the top near 11000 levels, then low again near 9950 and now we are back towards very important juncture.
On 2nd February morning research report we mentioned the following – it seemed to be a populist Budget like everyone expected but introduction of Capital gains is going to result an impact which is not yet discounted maybe due to artificial support. Trade carefully as the swings can still be big over next few days!
Subsequently following chart was published on morning of 5th February 2018 –
Nifty hourly chart – published on 5th February 2018-
Following was mentioned on 5th February morning research report – trend for Nifty remains firmly negative as long as 10880 is intact. Keep riding the trend using trailing stop method and the positions are already in the money that shorted on break of Budget low. Such sharp trends are rare but market did provide us with warnings before reversing.
Happened over next few days:
The above clearly shows how the top was captured and there was a fall of more than 700 points in less than 4 days!
Now we did not only anticipate the crash but also captured the rise. Below is the chart from the monthly research report published on 7th March 2018
Nifty daily chart – published on 7th March 2018
Following was mentioned on 7th march 2018 when majority were turning bearish and look at the upside target levels given near 10800 – 10850!
Happened: as of 18th June 2018

Happened: Nifty touched intraday high of 10929 but the highest close has been near 10856 levels post the projection made on 7th March 2018.
The above requires little explanation and shows the power of Time cycles combined along with Elliott waveNeo wave and various methods together. We captured the top near 11000, fall near 10000 and now is the time to be alert again!
The question now is – Are we headed for another crash? if we are right again this time how far will the current selloff go? Is it just the beginning and what are the key levels to watch that will provide strong negative confirmation?
Trading is always about evaluating the prudent risk reward ratio and then trying to trade systematically using strict stoploss. Even if there is a pullback then it is going to be only temporary and we will head much lower!
So do not miss out on next big move in Nifty and stocks, Get access to daily equity research report – The Financial waves short term update and see yourself where are we headed from here. Also get Monthly research report The Financial Waves Monthly update to see the medium term forecasts on Nifty, Bank Nifty and much more. We are at the cusp of next big move and you cannot afford to miss this another opportunity – Get access here
Attend the training on Most advanced technical analysis ever – Elliott wave, Neo wave, Hurst’s Time cycles and learn yourself the various methods I personally use for trading and forecasting such big moves. Trust me this can be the most important investment you ever made! Also get free Elliott wave CDs worth 6 hours even before the actual training along with free access to research reports that too at this crucial juncture. It cannot get better than this – know more here

Wednesday, June 13, 2018

How to make more than 10% over short term when Midcap index was down by 10%?

Over past month we have seen serious selloff in Midcap and Smallcap indices. Midcap index infact corrected by more than 10%. But even during such time we have been able to identify stocks that defied the gravitational pull and moved higher.

Dabur is one such stock that we recommended in our Multibagger research report based on various studies like Time cycles, Elliott wave, indicators

See yourself how Dabur defied the down move seen on Midcap index and moved sharply higher.

Dabur daily chart compared with Midcap index

Multibagger stock recommendation: Dabur

Buy Price – 340 - 350

Time Horizon – 1 - 2 years

Investment – 5% of capital

Target price – ??? levels (refer the report)

Stoploss - ??? (refer the report)

Refer detailed research below

Wave analysis:

Dabur India Ltd is into FMCG sector with Market Capitalisation of over Rs 61,900 Crore. The major reason to pick up this stock is that it has been into a long bull trend since 2003. The overall structure of this stock is explained below.

Elliott wave perspective: As shown in weekly chart of Dabur, from 2012 to mid-2016 prices moved higher from the levels of 92 to 316 levels in the form of primary wave …… which is more than 240% increase. After the strong bull run this stock was contained within a consolidation and prices drifted lower from the high of 316 levels to 265 levels in the form of wave …….. Post which prices completed wave

108 weeks cycle, Channeling technique: and much detailed explanation given in the Multibagger research report.

In a nutshell, various indicators like Time cycle, Exponential Moving Average, Elliott wave counts and channel technique suggests that we can expect this stock to rally towards ….. levels over next 1 to 2 years with …….. as very important support.

The above analysis clearly shows how one can still identify the stocks from positional investment perspective. Even when the broader markets were in doldrums this stock managed to move higher all the while. It has been slowly and steadily garnering momentum but all investments have to be done with strict stop that we mention in our “Multibaggerresearch report”

Create your portfolio of stocks that have potential to give 80% to 100% returns over 1 to 2 years. However, one has to take a systematic and disciplined approach using stoploss and partial profit bookings for capital protection. Create wealth using scientific method. Subscribe now to “Multibagger research report” here

Monday, June 11, 2018

How to approach PC Jewellers, Tata Motors, Bharti Airtel and Avanti Feeds?

Below is the transcript of Ashish Kyal’s interview on ET Now for Market Fatafat discussing strategy on stocks like PC Jewellers, Tata Motors, Bharti Airtel and Avanti Feeds

PC Jeweller daily chart:

Q: How to approach PC Jewellers at current levels?

Advice: It is best to avoid this stock and better to wait for few months before it stabilizes. Sell on rallies will be ideal strategy with 178 as stop and target of 110. Many traders and investors are stuck in this stock thinking that there will be possible reversal. But it is best to avoid such stocks for going long unless there is base formation near the lows. Also a trader can follow trailing stop to squeeze most out from the existing positions but avoid fresh investments for now.

Tata Motors daily chart:
Q: Tata Motors had be in buzz today, How to approach this stock and what is the view?

Advice: The stock has shown good momentum on the upside from the channel support. Also 280 has been a very important support zone which has been protected for many years. As long as the zone of 280 – 290 is protected we can start seeing positive reversals. Since there is yet to be a base formation it is best to buy on dips to 308 with stop of 298 and target of 325.

Bharti Airtel daily chart

Q: Is it time to buy Bharti Airtel? What should be the strategy?

Advice: The stock looks to be forming some base which can give short term trading opportunity on the buy side. Also we have seen positive breakout above the previous resistance. So from short term perspective one can create long positions at cmp 389 with stop of 377 and target of 415.

Avanti Feeds daily chart:

Q: Avanti Feeds has shown strong rise, How to approach this stock?

Advice: This stock gave strong up move over past few days. Also important thing to note is that the 4 to 5 days of up move has retraced back the entire 8 to 10 days of down move in faster time. This suggests price and time reversal. So use dips towards 1875 as buying opportunity with 1800 as stop and target of 2000.

The above is an outlook given by Ashish Kyal on ET Now show. Please use your own detailed analysis before initiating any positions as prices might have changed during the course of the day.

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