How to catch Momentum using ADX and Rounding Bottom formation!

 It is possible to capture big moves in stock using price patterns along with simple indicators like the ADX (Average Directional Index).

We combined a simple price pattern with a price indicator on MAZDA LTD and captured a move of more than 8% in one trading session. It's impressive how combining these simple indicators with price patterns can pinpoint momentum stocks for short-term trades, leading to substantial returns.

We published the following research on Mazda Ltd 08^th January 2025 in the “Vayu Momentum Report” which our subscribers receive pre-market every day.

MAZDA LTD Daily chart Anticipated as on 08^th January 2025 
Wave Analysis Anticipated as on 08^th January, 2025:

MAZDA showed sharp rally in the previous session of more than 12% in a single trading day! The stock has formed a rounding bottom pattern. Price has closed above 1650 which confirms breakout of the said pattern. On the daily chart, ADX is suggesting strong momentum can continue in this stock as it is showing readings of 47.59 which is above 25. For now, one should use buy on dips approach to ride the trend.

Key Resistance: 1870

Key Support: 1650

Strategy: Use dips towards 1710-1730 as a buying opportunity for a move towards 1850-1870 levels as long as 1650 holds on the downside.

MAZDA LTD Daily chart Happened as on 09^th January 2025
Happened: The stock moved as expected. MAZDA gave a breakout of the Rounding Bottom despite major indices falling which is a bullish sign. After a dip, the stock showed a rise of more than 8% and achieved both our given targets in just 1 trading session and made a high of 1892 levels.

It is fascinating to see how accurately combining basic indicators along with price action can help to predict price targets with higher accuracy.

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Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Know more here

Bank Nifty’s fall Predicted with the help of Neo Wave and Price action!

 Neo wave is the GPS of the market that helps to understand the overall maturity of the trend. Neo wave is a method that is used to identify price pattern and predict market movements. Bank Nifty has been moving precisely as per neo wave counts. Check out this example of how we applied Bollinger Bands® and Neo wave to identify this fall of more than 400 points in Bank Nifty much early before it started.

Bank Nifty moved as anticipated and Bang on!! We achieved both our targets in one trading session. The following research is picked up from the daily “Agni Bank Nifty report”.

Bank Nifty Daily Chart Anticipated as on 08^th January 2025
Bank Nifty Hourly Chart: Anticipated as on 08th January, 2025
Wave Analysis anticipated as on 08^th January 2025:

Bank nifty failed to sustain above Gann level of 51416 and has shown fall of more than 1900 points from there in just two trading sessions due to worries over Q3 earnings and emerging HMPV infection concerns. In the previous session, Index witnessed relief rise but still protected previous day's high on closing basis which keeps overall tone on the negative side.

Currently, prices are retesting channel after giving a breakdown of it in the previous session. On the daily chart, Bank Nifty looks to be forming topping Head and Shoulder pattern. A break below 49660 can confirm break of the pattern which can result into further more correction in Index. It will be too soon to conclude as of now so taking one step at a time. For now, a break below 49960 is needed for selling to resume. While on the upside 50500 is the nearest resistance. A break above 50500 can result into deeper pullbacks. As per wave perspective, wave e still ongoing on the downside in form of Diametric pattern.

In nutshell, overall trend for Bank Nifty remains on the downside. A break below 49960 is must for fresh selling to emerge with the targets of 49660 followed by 49460. On the upside 50500 is the key Resistance to watch out for!

Trading Strategy for Bank Nifty (Spot): Short positions can be created below 49960 with the targets of 49660 followed by 49460 and stoploss of 50230 levels.

Trade set up for Futures – Futures positions can be initiated as per spot levels given above.

Trade set up for Options buying: Buy Bank Nifty 30th January 50300 PE if Bank Nifty breaks below 49960 levels.

Bank Nifty 15 Mins chart Happened as on 08^th January 2025
Happened: As we were bearish on Bank Nifty, the index moved as expected and lost more than 400 points in the matter of 1 trading day and Bang On!! Bank Nifty achieved both our given targets and made a low of 49544 levels in today’s session. We were able to capture this entire fall with the help of Neo wave and simple Price action.

Neo wave works well on stocks as well as on indices. One can easily derive the path ahead by combining it with simple indicators which can lead to surprising results!! 

For now, one should avoid catching lows and should use sell on rise approach to ride the trend. On the upside 50250 is the nearest resistance to watch out!

AGNI (index) Research – Get access to daily research reports and advisory calls on Nifty, Bank Nifty, and Finnifty along with charts, and options strategy, Know more

Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Know more here

How DEVYANI Achieved a 18% Rally – Price Patterns & ADX Insights

 When combining basic price patterns with technical indicators like ADX, it can lead to remarkable results in trading. See how we captured a significant move in Devyani International Ltd stock by applying the ADX momentum strategy. Check out how the stock rallied by more than 18% after our prediction.

We published the following research on Devyani International Ltd on 27^th December 2024 in the “Vayu Momentum Report” which our subscribers receive pre-market every day.

DEVYANI Daily chart Anticipated as on 27^th December 2024
Devyani International Ltd. closed on a positive note with a gain of 1.83%. The stock is moving in a rectangular range over the last few days indicating accumulation in the stock. A daily close above 184 will confirm breakout of the said pattern. On the daily chart, ADX is suggesting strong momentum can continue in this stock as it is showing readings of 26.61 which is above 25. For now, one should use buy on dips approach to ride the trend.

Key Resistance: 200

Key Support: 176

Strategy: A break above 184 can lift price higher towards 191 followed by 200 levels as long as 176 holds on the downside.

DEVYANI Daily chart Happened as on 06^th January 2025
Happened: The stock moved as expected. DEVYANI showed a rise of more than 18% despite major indices falling and achieved both our given targets in just 7 trading sessions and made a high of 203.40 levels. We successfully captured this entire rise by simple price action and ADX.

It is fascinating to see how accurately combining basic indicators along with price action can help to predict price targets with accuracy.

Want to know more about such stocks DEVYANI is on the mark! subscribe to our Vayu Short-Term Update: Get a list of stocks with high growth potential: Check Here

Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Know more here

How to catch Momentum using ADX and Cup and Handle formation

 While trading the market it is important to understand the behaviour of the market. Simple strategies like price patterns can be combined with simple indicators like ADX (Average Directional Index) to achieve powerful results. Check out how we selected JUBLFOOD which has rallied more than 4% in just one trading sessions.

We published the following research on JUBLFOOD pre-market on 1^st January 2025 in the "Vayu Momentum Report” which our subscribers receive pre-market every day.

JUBLFOOD Daily chart Anticipated as on 1^st January 2025
Analysis Anticipated as on 1^st January 2025

On the daily chart, stock has protected its prior day’s low since 20th December which keeps the daily bias in favour of the bulls. Along with this, stock has formed a cup and handle pattern. Price has closed above 712 which confirms breakout of the said pattern. On the daily chart, ADX is suggesting strong momentum can continue in this stock as it is showing readings of 30.30 which is above 25.

In a nutshell, the current trend for JUBLFOOD is on the positive side. A breach above 725 is must for buying to continue with the targets of 750 followed by 780 levels. On the downside 690 is the nearest support.

Trading Strategy for intraday futures: Long positions can be created above 722 with the stoploss of 711 and targets of 732 followed by 743.

JUBLFOOD Daily chart happened as on 2^nd January 2025
Happened: The stock moved as we expected. JUBLFOOD has given a breakout of Cup and Handle with huge volume which was a bullish sign. The stock showed a sharp rise of more than 4% after breaching above 722 levels in just 1 session. Now it has the potential to achieved our final target of 780 in the coming sessions.

We successfully captured an upmove and both the targets were achieved in future segment as well!

Want to know more about such stocks JUBLFOOD is on the mark! subscribe to our Vayu Short-Term Update: Get a list of stocks with high growth potential: Check Here

Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Know more here

Multibagger Stock: M&M 80% move in just 10 months!!

 We published about Mahindra & Mahindra in our Jal Multibagger stock report and predicted the possibility of multi-bagger returns in the coming 1-2 years. Check out the below research we published on 22nd February 2024.

This stock has managed to hold its gain and gave more than 80% returns in 10 months of span and made a life time high of 3222 levels. 

Mahindra & Mahindra Weekly Chart anticipated as on 22^nd February 2024.

Mahindra & Mahindra Daily Chart anticipated as on 22^nd February 2024

Wave Analysis as on 22^nd February 2024:

Multi-bagger stock recommendation: Mahindra & Mahindra

Buy Price – Buy at CMP 1910 more on dips

Time Horizon –1 to 2 years

Investment – 5% of capital

Target price –??

Stop loss - ??

Anticipated as on 22^nd February 2024 – Elliott Wave Theory:

Mahindra & Mahindra is an Indian multinational automotive manufacturing corporation headquartered in Mumbai. It was established in 1945 as Mahindra & Mohammed and later renamed Mahindra & Mahindra. Part of the Mahindra Group, M&M is one of the largest vehicle manufacturers by production in India.

Let’s us understand view for M&M with the help of advance technical tools. As per wave perspective, stock is following classic Elliott wave theory. Wherein, primary wave (4) got completed near 245 levels and currently wave (5) is ongoing. This is one of the reasons why we have seen strong outperformance by this stock in the current rally. Furthermore, this wave (5) has been sub-divided into 5 waves, of which wave 3 of iii is ongoing.

We can observe from the above chart, that the Multi month trendline has proven to be effective. Since it has consistently offered support. Prices recently found support at that level, and a strong rebound was observed. Apart from this, KST indicates that strong momentum is likely to continue because it is trading above the zero-line following the crossover.

Mahindra & Mahindra Weekly chart happened as on 1^st January 2025

Happened:

The stock has been moving in sync with our expectations. After a dip, stock has shown sharp rise on the upside which is overall 80% from the lows in just 10 months of span!!! Stock has touched its fresh record high near 3222 levels recently and currently it is quoting near 3065 levels. The overall up move has been strong and we expect prices to achieve its target of...levels in comings months.

Want to know more about such stocks M&M Stock is on the mark! subscribe to our Vayu Short-Term Update: Get a list of stocks with high growth potential: Check Here

Brahmastra (Mentorship) – Learn the science of trading with complete handholding and live trading sessions, along with stock selection algos and options trading combined with Neo wave strategy. Know more here