Wednesday, August 21, 2019

Nifty – Intraday target, SL using Ichimoku cloud and price range!

Nifty has been stuck in a broad range over past few days but there have  been big swings within this range. One can try and trade this range using simple but effective methods of Ichimoku Cloud.
See yourself below chart of Nifty showing 30 mins scale with Ichimoku cloud and price range marked in red. Based on below method and also with combination of Elliott wave theory with RSI following call was given to the clients:
Nifty 30 minutes chart:
There was a clear range bound movement that can be seen between the range of 10900 and 11150 – 11180 levels. One can adopt trading strategy in this big range by using objective methods like Ichimoku cloud and also understanding the overall Elliott wave pattern.
As prices moved below the cloud there was an indication that the next wave on downside has started. To get apt risk reward ratio with good stop it was better to wait for retest of the cloud or a bounce back after breaking below it. Later prices behaved exactly as that and broke below the low below the cloud again. This was the confirmation of a sell signal as marked on the chart for the target near the previous low. The stoploss was also very effective. Based on this method and also in combination of wave theory in expectation of a range bound triangle pattern we gave the sell calls to the clients which worked out amazingly well.
You can see how these methods are simple but very effective for trading. The trading strategies are also given in the daily morning research report with clear targets and stoploss. Even as per that report the target had been achieved on downside.
Get access to the Intraday calls on Nifty, stocks, Bank Nifty, Commodity, Forex and receive the research reports showing the technical setup and Elliott wave patterns very clearly. We are on verge of starting another big trend and next few days are crucial. Get access now by visiting the Pricing page here. Know the latest offers here
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Friday, August 16, 2019

IBull Housing, Tata Motors, Reliance – Time cycles, channels, RSI perfect trade setup!

You will be aware that IBull Housing Finance, Tata Motors, Reliance Industries all of these stocks have been in news for some or the other reasons. These stocks have been showing amazing trending moves in either direction.
By applying concepts like Time cycles, Channels and indicator like RSI one can still derive amazing trades from these stocks.
The most important thing to note is that a long positions should be created on stocks that moves from bottom left corner to the top right which means it is in uptrend and short positions can be created in stocks that move from top left corner to bottom right which means it is in downtrend. This is the most basic principle I use for my proprietary trades.
Now look at the below hourly charts and try to apply the above method:
IBULL Housing hourly chart:
Reliance Industries hourly chart:
Tata Motors hourly chart:
IBULL Housing: The above three stocks show different stages of trend. IBULL Housing Finance shows classical Time cycle of 249 hours and prices have bottomed out near the channel support as the cycle low approaches. Post that there was a sharp bounce on upside and the same can be seen even on RSI. The stock is in downtrend but do provide buying opportunity near channel support and cycle lines. After reaching the channel resistance it has again moved lower and is now retracing a portion of the rise.
Reliance Industries: The stock has shown a strong rise and broke above the downward sloping channel. This stock was dragging index lower and it is now reversing to upside. The trend for it remains positive given the fact that the last falling segment is retraced back in faster time. As long as the gap area is unfilled use dips as buying opportunity.
Tata Motors: The stock is very clearly moving from top left to bottom right corner. It is in a strong downtrend and the Time cycle low is due in a few days. It means that the pullback is going to be short lived and one should look forward for shorting opportunity unless the time cycle low is behind use.
The above research highlights stock selection by using simple but powerful methods. Post that one can apply Elliott wave, Ichimoku Cloud to get exact entry and exit levels. It is a very powerful method for making a killing in the market.
Nifty is already showing attempt to buck the global trend despite of ongoing pessimism.
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Friday, August 9, 2019

Nifty: Classical alignment of Time cycles, Neo wave, Channels!

Nifty has shown sharp rise over past two days which is against majority of expectations who were forecasting 10500 or 10000 levels on downside. However, as per advanced Elliott wave – Neo wave the pattern was very clear and we got the price confirmation as well in yesterday’s session itself. Since then Nifty has moved sharply higher and everyone is searching for logical reason.
We published Momentum research and the stock is up nearly 3%, gave positional call on Maruti and stock is up more than 4%, published Multibagger and much more exactly near the lows. This shows power of patterns. Nifty, Bank Nifty buy call was given despite of the rise as the momentum was strong due to short covering and fresh long build ups.
Below is the chart of Nifty picked up from the daily research report – The Financial Waves short term update:
Nifty 60 mins chart:
Nifty exhibited triple corrective pattern and retraced the last falling segment in faster time. This confirmed yesterday itself that a low is formed and we are reversing on upside with strong momentum.
It exhibited a triangle in the final correction with strong positive divergences when everyone was busy trading their negative biases.
Time cycles: worked our extremely well and Nifty did form a low as per the cycle and reversed now. Also note our subscribers are already in the money and trailing stop to a profitable levels so that now there is no loss just in case there is turn of events. This is how one can capture a trade early on and ride the entire move using trailing stop method until its over with absolute no risk.
Following are the intraday calls given in the Nifty trading research report over past few days on both sides and it worked amazingly well:
Trade on 9th August morning:  Long positions can be created above 11060 with 10990 as stop and target of 11120 level. BANG ON! Nifty crossed the target of 11120.
Trade on 8th August: Long positions can be created above 10930 with day’s low as stop and target of 10970 levels” BANG ON! Nifty moved precisely as expected and crossed above 10970 levels.
Trade on 7th August: Short positions can be created below 10880 with 10940 as stop and target of 10830 levels.” Nifty moved as expected despite of RBI policy and made a low near 10835 levels by closing.
Trade on 6th August:  “Long positions can be created above 10900 with day’s low as stop and target of 10940 levels” BANG ON! Nifty moved beyond the target levels after breaking above 10900 levels.
The above clearly shows when majority are busy searching for reasons our strategy has been working out extremely well based on Neo wave patterns. So what is next from here?
Subscribe to the Momentum, Multibagger, Nifty, Bank Nifty research and intraday / positional calls on stocks and see it yourself. Avail it under the ongoing Independence day offer with upto 50% less price. Cannot be better timing than this given the accuracy. know more here

Wednesday, August 7, 2019

How to identify Multibagger stocks in this correction?

Everyone has been too focussed now to look at the things that are going wrong and it is an obvious thing to do when the stocks in portfolio has corrected anywhere between 50% to 70% or probably more.
Nifty has corrected towards 10780 from the life time high levels of 12100 since June 2019 onwards but Midcap and Smallcap indices have shown sharp correction in comparison to Nifty. The stocks have shown serious capitulation during this period.
During systematic selloff there will be a few stocks that will outperform. Not necessarily by rising but atleast moving in a range or falling little as compared to others. These stocks actually exhibit more time correction then price. Once the cycle turns up these stocks can start showing impulsive rise.
Out of portfolio of stocks not all will deliver the way it is expected but a few will drive the portfolio drastically higher thereby generating stronger returns. By simple observation and application of Elliott wave methods on fundamentally strong stocks can provide excellent opportunity to buy the stocks during such corrections and hold on to them for the down cycle to get over.
Now look at the correction seen in the Midcap index. The following was published in the monthly research report
Nifty Midcap weekly chart

Nifty Midcap 50 index Price to Earnings ratio

chart by trendline
Following is the gist of research published in previous monthly research
The Euphoric rise that began from the year 2013 stalled in early 2018, post which Nifty Midcap index has been witnessing correction. We can clearly see sharp correction on downside from 22000 levels to the low of 16000.
This sharp correction also helped Price to Earnings ratio to cool down from above 100 levels towards much sensible level near 30. However, it is still elevated compared to historical past and so few more months of correction cannot be ruled out. This simply shows the usage of a fundamental parameter when plotted provides such strong technical outlook.
Now during this period we think it is time to slowly and steadily build portfolio of stocks that have been major outperformers. Corrections are always good for identifying gems from long term investment purposes.
Get access to the Multibagger research and see the stocks that is must in portfolio that has potential to outperform once the cycle turns back on the upside.
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Friday, August 2, 2019

Nifty, How far will it fall? Are we nearing lows? (2nd August 2019)

#Nifty and #BankNifty has been showing high volatility. How to #trade from here on? Visit Get access to detailed Elliott wave research with Time cycles and much more