Friday, April 20, 2018

Thursday, April 19, 2018

Dabur – How to use Time cycles for capturing a big swing?

Time cycles can be a very powerful method in identifying the major turning juncture. But it should not be applied alone. By combining it with techniques like Elliott wave you can get price projections more accurately.
Now look at the below chart of Dabur on which we have applied Hurst’s Time cycles. So what do you think should be the target?
Dabur Weekly Chart:

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, Channeling technique are explained with targets in the actual research report.
??? weeks cycle: It is now time to look at the bigger cycle in order to understand the probable reversal areas from medium term perspective and we can observe that exactly at the cycle day important bottoms are formed. Following which prices have shown sharp rise and touched all-time high. As per 108 weeks cycle, stock has made a low at 316-levels which also happens to be the support level which was resistance earlier as shown in the figure. This shows that going forward, prices have high probability ………..
Channeling technique: Since 2012, prices are intact in upward moving blue channel and currently prices are taking support at the lower trendline at around ………. levels.
Want to create your portfolio of stocks that have high potential to give multi-fold returns? However, there are always risks associated and so one should have a very well defined stoploss and target before initiating any positions. So, what are those levels?
Get access to “The Multibagger stocks research” and see how slowly and steadily you can create your own portfolio of stocks that have potential to outperform the overall market and has high probability to give multifold return. Also understand there is going to be risk involved and one has to have a systematic approach. Know more here

Wednesday, April 18, 2018

BAJAJ Finserv: How to create wealth using technical analysis?


Bajaj Finserv is one of the outperformer within the finance sector. Many a time’s stock is fundamentally strong but has poor performance so it is important to identify outperforming stocks along with strong fundamentals for long term pick.

For understanding a particular stock performance technical analysis plays an important role, using techniques like Channels, Moving averages, Elliott wave counts etc.

Figure 1: Bajaj Finserv Ltd. weekly chart: (Anticipated on 5th June 2016)


Figure 2: Bajaj Finserv Ltd. weekly chart - Happened


Below is the research published on 5th June 2016:

Anticipated- As shown in the weekly chart, major bottom for this stock was formed in 2008 which was a black year for the Indian Equity markets. After such sharp fall this stock had the potential to fly and it rallied impulsively from there on. As per wave perspective intermediate wave [1] completed its course near the channel resistance and post that wave [2] completed its running complex correction W-X-Y near the channel support in year 2013. Post that prices bounced sharply suggesting that wave [3] is currently ongoing. The internal structure of the same suggests that recently minor wave II of the same has completed near the channel support and now minor wave III is into action. This rally should continue towards the resistance line near 5000. Now the outlook will remain positive for this stock as far as the channel support is intact and any dips towards the crucial support of 1800 - 2000 levels should be utilized as buying opportunity.

For Bajaj Finserv, in update dated 5th June 2016 we mentioned that, “cluster of evidences like Elliott wave counts, moving average, Channeling technique which is working brilliantly we can see much higher levels Bajaj Finserv. This rally should continue towards the resistance line near 5000. Now the outlook will remain positive for this stock as far as the channel support is intact and any dips towards the crucial support of 1800 - 2000 levels should be utilized as buying opportunity.”BANG ON!!

Happened: As mentioned in our previous update on this stock, prices exhibited a sharp move on upside and has moved above our previous mentioned target of 5000 levels. It is interesting to see that Bajaj Finserv has provided more than 150% return.

When we recommended this stock it was in the category of Midcap and now the stock is included in Largecap and also in Nifty 50. This only shows how one can capitalize on the stock that can become Largecap from Smallcap to Midcap.

Subscribe NOW to “The Multibagger Stocks research” and create your portfolio of stocks for long term investments. This is where a true value and wealth creation will take place. Know more here.


Tuesday, April 17, 2018

Nifty: Application of Volume at Price indicator for trade setup!

Volume at Price indicator provides very important support and resistance levels and helps in understanding the reversal areas. We applied this indicator on Nifty and it helped us to capture the recent down move. You can see the bounce back exactly from this indicator support levels.
Below is the research picked up from “The Financial Waves short term update” daily research report.
Nifty daily chart:

Following is a part of research mentioned in the daily report published on 16th April morning before markets opened:
In previous update we mentioned that “Nifty touched our next target of 10470 and it is prudent to book partial profits at current levels for longs initiated near 10250 – 10280 levels. For remaining positions one can continue to follow trailing stop method”
US attack on Syria might result into short term volatility in global markets especially commodity. It is therefore important to see how prices behave after the opening move. In addition to this Infosys results can also lead to pressure on IT stocks. However, we have observed that during such events there is handful of stocks which manages to balance out the index and the sharp decline is averted. In the past as well when IT companies corrected sharply after result announcement there were other stocks that kept index buoyant.
As shown on Nifty daily chart, prices have now touched the upper end of the Bollinger bands and formed a DOJI candle in previous trading session. There can be some consolidation in the zone of 10350 – 10550 levels.
We are also showing Volume at price indicator. This is an excellent indicator that measures how much volume has gone in that specific price range. The peak can be seen near 10300 – 10350 zone. So this level will now act as a very important support. This is also the pivot low seen during the recent up move. Any dips near to this level will result into an upward thrust. So we will stay bullish as long as the zone of 10350 – 10300 remains protected.
In short, expect range bound movement between 10400 – 10550 levels as long as 10350 remains protected on downside.
The above research clearly shows how one can use a simple indicator for deriving the important levels and trade setup can be formed around that. Based on above one can form a strategy of going long near 10400 levels with just 50 points of stop at 10350 and expecting a target near 10550.
Happened: Nifty touched the high of 10557 in today’s session itself!
Get access to “The Financial waves short term update” and see yourself power of various indicators like RSI, Volume at price, Channels, Moving averages applied along with Elliott wave counts. So what is next from here? Subscribe here

Friday, April 13, 2018

How to apply Fibonacci studies with technical indicators?



In this webinar you can see application of different technical indicators, Fibonacci retracement projections, applied on charts. Visit https://www.wavesstrategy.com for detailed Elliott wave, Neo wave analysis on #stocks, #commodity, #forex markets

Thursday, April 12, 2018

Gold – Power of 3rd wave, it cannot be more accurate!

Gold has shown amazing rise in just a day’s time. Was this up move predictable?
Gold had a sharp rise of  2.2% in a single day. This stark move was very much predictable and here is the proof!
Here we have shown short term chart taken from “The Commodity Waves Short Term Update” on MCX Gold which helped us to capture the up move using Elliott wave, Moving Average and Channeling Technique.
MCX Gold April 60 mins chart: Anticipated as on 11th April morning before markets opened

MCX Gold April 60 mins chart: Happened as on 11th April post trading session.

Wave analysis:
The below research is picked up from “The Commodity Waves short term update” published on 11th April morning.
Anticipated: “The shine of the Gold has been coming and going away all these time reacting to global market. Despite of the volatility, the metal has made higher highs and higher lows from last 3 trading sessions which shows that prices are heading northwards. As shown in daily chart, in the previous trading session, prices touched a high of 30779-levels and closed at around 30759-levels. Gold is moving in upward sloping blue channel and has managed to stay above its support of 50-period Exponential Moving Average which is near 30362-levels at present. Gold has completed wave 2 at around 30185–levels on the downside and presently prices are forming wave 3 of (c) on the upside……..Close above 30850 can touch 31500 or even higher levels” BANG ON!
Happened: The metal has acted exactly as we mentioned. It breached 30850-level in the previous trading session and touched a high of 31562-levels. This shows power of wave 3!
To know the in-depth analysis from Elliott wave perspective, get access to the “The Commodity Waves Short Term Update” which covers Gold, Silver, Crude and Copper with important levels. We provide intraday/positional trading advisory based on Elliott wave pattern and favorable risk reward ratio which has accuracy of 75% to 80%. Based on these methods we also gave Intraday call on Silver that achieved even the target 2 levels. It is time for you to start trading systematically using time tested methods… Subscribe here!

Wednesday, April 11, 2018

How to create wealth using Elliott wave?

Elliott wave model is an amazing tool that we use exhaustively to forecast Equity, Commodity and currency markets. I took a step forward and applied Elliott wave methods on NAV of Mutual Funds. In a way if you think a scheme of Mutual Fund is nothing else but a proxy for index where the components can change based on the ability of fund manager. But it is still largely driven by the broader indices and the principle of greed and fear hold true even here. The NAV also changes due to the sentiments of market participants as they are responsible for creating the demand and supply.
There are skeptics to the application of above model and here is the proof for them which shows how accurately this worked with each wave being captured in our Mutual Fund research report.
Birla Sun life MNC Fund Growth: Daily Chart (Anticipated on 17th August 2016)

Birla Sun life MNC Fund Growth – Happened

In our weekly Mutual Fund research report published on 17th August 2016 we mentioned that following:
Technical Perspective: Post breaking the running triangle prices rallied on upside in the form of wave 1 at the high of 640 levels and currently correction is ongoing in this fund in the form of intermediate wave 2. The internal structure of the same suggests that complex correction is in formation and now wave x is ongoing. As per this scenario one leg is still pending on downside in the form of wave y which should provide good entering opportunities from investment perspective to ride wave 3rd on upside. BANG ON!
Happened: Birla MNC fund moved lower to complete wave y and post that there was a sharp rise to the levels of near 800 from the lows of 540.
No additional proof is required and the above is self-explanatory. There are many other funds or schemes that we have recommended which has given promising returns.
This is simplest way of creating wealth. We differentiate ourselves from others who are simply looking at past performance to recommend a fund. We use this model which is time tested and has worked amazingly well.
Subscribe now to The Mutual fund Waves research report and see the funds that you should look forward to invest to create wealth. It is not only stock that can be a multibagger but a Mutual fund as well if you know which one to pick and time it to an extent! Happy Investing!!!
Invest NOW in Birla Sun life MNC Fund online – Click here

Tuesday, April 10, 2018

Crude: Power of Inverse Head & Shoulder pattern combined with Neo Waves!

MCX Crude has witnessed a strong breakout above its trendline. The pattern identification is important to capture bigger swings. We have taken an extract from “The Financial Waves Monthly Update” which is showing a detail study on MCX Crude.
MCX Crude weekly chart:

In previous update MCX Crude published on September, 2017 we mentioned that, “Move above 3780 will result into minor move towards 4000 levels” BANG ON! Crude has moved as expected and made a high of 4100 levels.
The weekly chart is showing inverse Head & Shoulder pattern which indicates potential reversal on upside. The profit target of this pattern is the difference between neckline and the low of head which gives the target of …. levels, whereas conservative target is the difference between shoulder low and neckline which comes near ….. It is best to stay with the conservative target for now and we will evaluate it further once the first target is achieved.
Crude has completed an Extracting Triangle pattern completing wave (e) on downside. We can observe that the downward moving waves are becoming smaller from left to right i.e. wave (e) <wave (c) < wave (a) which indicates that the momentum was reducing on downside and the upside swings were getting bigger. Break above the (b) – (d) trendline in faster time confirms that an important low is in place for Crude near ….. levels which might remain protected for months to come.
In nutshell, Crude trend is positive. Prices can move towards the target of ….. levels. Further break above …….can take the prices towards …. a level which is the head target! So it is time to live with higher Crude prices but that does not mean equity markets will falter because of Crude as both these assets actually had more of positive correlation rather than negative. Interesting times ahead, stay tuned!
The above research shows the importance of Inverse Head & Shoulder pattern combined with Extracting Triangle pattern which brings out more accuracy in predicting the trade setups and to make good profits.
For detailed research on Nifty, Bank Nifty, Crude, EURUSD, long term stock pick and much more subscribe to our “The Financial Waves Monthly Update