Ichimoku Cloud on Nifty with wave pattern captured 600 points!

Ichimoku Cloud is a classical technical analysis tool that has helped in precise entry and exit when combined along with Elliott wave and Neo wave theory

Look at the below chart of Nifty and the Elliott wave counts that clearly suggested a reversal when it was near 11230 levels. The target given at that point of time was for 11600 and higher which worked out precisely well. This is the power of wave theory.

There are many critics for the Elliott wave and Neo wave methods who do not spend time to understand the probable counts and ignore the other technical indicators. I believe in combining different methods along with Hurst’s Time cycles to get precise reversals with high conviction trade setup. See it yourself below!

Nifty daily chart (anticipated on 11^th October 2019)

Nifty daily chart: Happened as on 29^th October 2019

Following was mentioned on 11^th October when Nifty was near 11230 levels:

“The index is in the Ichimoku cloud which is a zone where prices usually consolidate or lack a proper trend. The cloud also acts like a support cushion. A close above the cloud could be an early sign of the uptrend resuming.

In short, a pullback was expected after a sharp rise and a healthy retracement in the index was seen in the previous trading session. A move above 11320 can take index higher towards 11600 levels” BANG ON!

Happened: Nifty moved precisely as expected and moved above 11800 levels in today’s session. This shows a move of more than 600 points from 11230 levels where we marked completion of wave b.

It clearly shows power of Elliott wave – Neo wave combined with Ichimoku Cloud and how it can be used to derive trade setups.

Time the market to the day using Hurst’s Time cycles, Advanced Elliott wave – Neo wave and Ichimoku Cloud in the most advanced training on technical analysis. Only a few seats left. Register today and get free Diwali Multibagger stocks. Know more here

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Tata Motors: 18% gain, power of 3rd Impulse wave!

Tata Motors had shown sharp rise from the lows of 125 to the recent high of 175.50 in just over a day.

Tata Motors had a big Gap up opening on the Muhurat trading day. The stock continued to move higher from the upper trendline of the channel.

The stock was covered in the morning daily research report – “The Financial Waves short term update” which showed 3^rd wave ongoing and mentioned about the power that it beholds.

Tata Motors 60 Min chart: (Anticipated on 29^th October 2019 – before market opened)

Tata Motors 60 Min chart: (Happened as on 29th Oct- 9.45 am)

Anticipated as on 29^th October – published in the morning research report

Tata Motors had a big Gap up opening on the Muhurat trading day. This was a big move in just an hour of trading session. Interestingly the high was made exactly at the upper trendline of the channel..

As shown on hourly chart, prices have been moving in the form of a Flat corrective pattern and we are currently moving in the wave c. Currently wave iii of c is ongoing. The high was made at the upper end of the blue channel and now it is important to see further break above the upper end of the channel to extend this rally further.

In short, trend for Tata Motors is positive and break above Muhurat trading high of 151 will continue the positive trend towards 160 or higher levels. On downside 139 which is the gap area is the short term support. BANG ON!

Happened as on 29^th October – The stock moved exactly as expected and post breaking above the channel prices made and intraday near 175.50 levels.

We cannot be more accurate than this. The above research shows how well Elliott waves work and how different tools could help in deriving the exact entry points and targets for the same.

Most Advanced Technical analysis Training – I will be talking about stock selection for Intraday to long term investments using Elliott wave Neo wave, Hurst’s Time cycles and much more. Learn the power of Elliott wave yourself and see how identifying 3^rd waves can help in giving the best of profits in shortest possible time. Know more here

Diwali picks given in 2018 has given amazing results so far. Stocks like Asian Paints, Honeywell Automation are up by more than 40%. We have published 4 more stocks on the Muhurat trading day. Also get a free seat for most advanced training if you register for Diwali picks. Contact us here

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What is Neo wave? by Ashish Kyal of Waves Strategy Advisors

What is #Neowave? How is it different than #Elliottwave? Learn #Technicalanalysis in the most advanced training for successful #trading. Know more here https://www.wavesstrategy.com/technic...Contact: +91 9920422202

Bank Nifty: Time cycles, Bollinger bands®at its best!

Bank Nifty had been exhibiting wild swings on intraday basis but the overall pattern still looks very much predictable.

Below is the chart of Bank Nifty showing 79 hour’s Time cycles combined with Elliott wave – Neo wave pattern and Bollinger Bands.

Bank Nifty hourly chart:

It seems Bank Nifty is forming a big triangle pattern and prices are currently in wave c of the triangle. Within this wave c we seem to be forming a Diametric pattern which is a classic Neo wave structure. By knowing this one can be aware that wave f is ongoing and posts its completion we should see wave g on the upside. Also, Bollinger Bands help in identifying the support and resistance during a range bound movement which we are seeing over past few days.

Hurst’s Time cycles – 79 hours: This method of Time cycle is highly accurate and objective. We can also see that the same is now getting due in a day or two. This can be further confirmed once we see Bank Nifty breaking back above the resistance level.

In a nutshell, Bank Nifty is forming a classic contracting pattern and prices are arriving at crucial juncture.

Intraday traders can wait for resistance to be taken out for riding the wave g on upside whereas positional traders will have to wait for entire wave c to be over to ride the wave d on downside.

The above simply shows how one can combine advanced Elliott wave, Neo wave with Time cycles and classical Technical analysis methods like Bollinger Bands.

Most Advanced Technical anlaysis Training – Early bird offer ends on 25^th October 2019 – Learn the fundamentals of these objective methods that can help in increasing your trading accuracy and provide an amazing forecasting ability. Know more about it over here

Diwali picks given in 2018 has given amazing results so far. Stocks like Asian Paints, Honeywell Automation are up by more than 40%. We will publish 4 such stocks that you can take on Muhurat trading. Also get a free seat for most advanced training if you register for Diwali picks. Contact us here

Get upto 50% off under the latest Diwali offer, valid only for few more days – see here

Nifty and Gold, Power of Fractal Nature! Why patterns work? Spot the difference!

We believe in the theory that freely traded markets are patterned and exhibits fractal nature.

This makes them behave in a predictable manner. By pattern we mean that there are certain structures that repeat itself from time to time and can be seen on charts that shows prices of any tradable instrument. The “Fractal Nature” is again an important concept which states that these repeatable patterns occur on varied time scales and can be seen on 1 minute charts to Daily charts to Monthly charts. Fractal structure is seen in nature across from DNA to snowflakes to galaxies and so it is also seen in stock markets which reflect collective emotions and social mood of humans.

Can you Spot the difference?

Chart 1:

Chart 2:

Now we will reveal what are above 2 charts.

The first chart is of Nifty daily chart showing the big green Sitharaman candle and the 2nd is a 15 minutes chart of MCX Gold. Isn’t it astonishing to see such similarities across time frames?

The big up move in Nifty was on corporate rate cut announcement by Sitharaman post the double bottom type of formation and the next is of Gold on a 15 minutes time frame. A big candle on upside post double bottom formation on Gold that too on a 15 minutes time frame.

The above clearly shows that irrespective of the events markets are exhibiting patterned behaviour across the time frames which are nothing but a fractal nature working across the universe.

So, how does it help in trading?

Elliott wave and Neo wave are based on this basis premise that the patterns that are working on a tick chart are also working on the bigger time frames. In addition to this by combining Fibonacci ratios and projection one can at times predict the exact turn. By knowing fractal nature one can know what to expect next and how prices will behave. News or events will only clutter the reasoning but what works is the ability to decipher the chart.

Based on the advanced concepts of Elliott wave and Time cycles we are publishing the Diwali picks which will give stocks that have potential to give 40% to 50% returns over the period of year or 2. There is no shortcut to making money but if in such volatile markets you can still get systematically outperforming stocks that is the key to make money. You can read the earlier year Diwali picks that gave more than 50% returns in just a year check here

In addition to above anyone who is subscribing to Diwali picks will get a FREE seat for the Most Advanced Training on Technical analysis – Elliott wave, Neo wave, Hurst’s Time cycles, Offer limited only till 25^th October 2019 for a first few registrations. So, Hurry up! Simply fill the form to Register Here for Diwali picks and free seat to the conference!

Which 4 stocks to pick up this Diwali that can give up to 40%-60% returns?

Many ask me to give just one stock that will double in just over 2 to 3 months. I think it is more of gambling when you invest to double it that too on just 1 single stock that too, over in 2 to 3 months. If you have a basket of 10 to 15 stocks systematically selected for the 3^rd wave impulse rise I am not ruling out the possibility of a few turning out to be leading the race but expecting that in just a few months is too much to demand and in current market scenario the theme is going to be revolving around protecting the capital. But if you can identify the ones that can still give around 40% to 50% returns in over two years it will still be outperforming all the asset classes.

Let me run you through a few of the stocks that we have been bullish on. Not every stock worked out the way but only a few will be responsible to drive your portfolio higher. The others might give minor profits or some losses. But the big runners will payoff for the entire struggle. It is therefore very important to create a portfolio of stocks that consists of atleast a few stocks so that even if a few of them becomes a multibagger it will payoff for all the hard work.

Now let us look at a few stocks that we recommended in November 2018 as Diwali picks–

Asian Paints stock with 56% returns in just over a year!

See yourself the chart of Asian Paints which rose from the level of avg price of 1168 to high of 1825 touched on 22^nd October 2019

Asian Paints: CMP 1236 (recommended on 7^th November 2018)

Buy Price – 1236 and more on dips to 1100

Target Price – 1900

Holding period – 1 to 2 years

Stop level – 780

Asian Paints monthly chart: (anticipated on 7^th November 2018)

 Happened as of 22^nd October 2019

Honeywell Automation – See yourself below chart of Honeywell Automation which helped us to be bullish at 20300 levels and the stock touched its 52 week high near 29495 level in September 2019. That is a whopping 45% return in over a year

Buy Price – 20300 and more on dips to 18000 (recommended on 7^th November 2018)

Target Price – 30000

Holding period – 1 to 2 years

Stop level – 14000

Honeywell Automation weekly chart: Anticipated on 7^th November 2018

Honeywell Automation weekly chart: Happened as of 22^nd October 2019

To name a few other Diwali picks – Divis Labs and Maruti. Despite of the collapse in the pharma and auto sector, Divis Lab is still giving a return of more than 20% and Maruti more than 8%. This clearly shows a strong outperformance by the portfolio of stocks during the period when the broader markets have collapsed. This shows the power of Elliott wave, Neo wave and Time cycles.

I am going to tone down a bit given that the markets are going to be in roller coaster ride over next 1 year or so. During this period which stocks you can pick up that has potential to give returns of around 40% to 50%?

We are publishing a special report this Diwali which will provide 4 stocks that has potential to outperform the market. The targets are conservative given that the main index can be in doldrums but these stocks have the probability to outperform. Always remember there will be risks involved and so one should use strict risk management strategy before entering.

So which are these stocks that are probably exhibiting strong Elliott wave pattern and has potential to stand the test of time when the markets will come down. You can fill the form here for Diwali Special report

For more details on this research report you can also call us / whats app on +91 9920422202 or write to us at helpdesk@wavesstrategy.com

Nifty Elliott wave, Fibonacci, Bollinger Bands, Ichimoku Cloud

Amazing application of #Elliottwave, #Fibonacci, #BollingerBands, #IchimokuCloud on Nifty. Learn these methods precisely. Visit https://www.wavesstrategy.com/technic...Contact: Contact:9920422202

Nifty Elliott wave, Fibonacci, Bollinger Bands, Ichimoku Cloud

Amazing application of #Elliottwave, #Fibonacci, #BollingerBands, #IchimokuCloud on Nifty. Learn these methods precisely. Visit https://www.wavesstrategy.com/technic...
Contact: +91 9920422202

Reliance and Crude oil correlation, Time cycles, Channels long term trend!

Reliance Industries from the largecap space had been a strong outperformer over past few years and is one of the major reasons of providing support to Nifty.

We have shown long term outlook on Reliance using Elliott wave theory, Time cycles and its correlation with Crude oil.

For indepth understanding of Hurst’s Time cycles with Neo wave you can check here

Following was published in our monthly research report on 9^th October 2019

Reliance Industries Weekly chart

 Reliance and Crude correlation

Following part of research is picked up from “The Financial waves monthly update” published on 9^th October 2019.

It is very important to understand the behaviour of leading stocks during the market phase in which broader markets seems to be witnessing a selloff. We have picked up Reliance Industries this time to understand the long term as well as short to medium term trends.

Elliott wave perspective: This is classical example of how an impulsive wave looks like! If we observe since 1999 this stock is moving higher in Cycle Degree wave III. Within this prices are in primary wave 5 and has been respecting the moving average very well. As long as 100 weeks average remains protected outlook for this stock will remain sideways to positive. Prices are currently moving in form of wave (ii) of 5 and post its completion we should start seeing wave (iii) on upside.

Correlation of Reliance and Crude: We have shown Reliance (Blue colour) and Crude prices (Red colour) to understand the correlation. As we all know Reliance is one of the biggest refining and marketing company thus profitability of business also depends on Crude prices. The same can be reflected in charts also.

During the period from 2003 to 2008, Reliance performed well and showed sharp up move and same can be seen in Crude which showed uptrend. In 2008 Reliance made important top whereas few months later Crude formed top and started to mover lower. This was classical negative intermarket divergences that we can see. From 2009 to 2016, both these asset classes moved in tandem (However magnitude can be different). The fall in Crude prices lead to consolidation in Reliance stock and vice versa. In start of 2016 Crude fall got arrested and started to show positive ticks.  Crude as well started rallying from July 2017 and formed a high in October 2018, during this period we saw Reliance move higher form 680 to 1260 levels.

Recently Crude and Reliance is showing divergence where we can see Reliance made a higher high whereas Crude made a lower high. Will this indicate a negative divergence like we saw in 2008? Or will Crude prices try to catch up with the stock price. On a few occasions Crude was leading whereas on other Reliance showed leading behaviour. It is now the time where we have to keep a close watch on Crude prices and see if it can start gaining along with Reliance move or not. Failure to do that will be a sign of concern for both of these assets.

The medium term charts of Crude looks to be placed at a crucial juncture and over short term some consolidation is possible. Hence the trend of Reliance can also remain in a range for few months’ post which uptrend should start.

In short, Reliance can remain in a range for near term perspective. Break above ….. will result in to start of next leg on upside and target towards …….. can be expected. ………. We have seen more positive correlation between Indian Equity markets and Crude rather than negative. So, keep a close watch on this index heavy weight and the energy major – Crude!!!

Diwali Special Offer – The above shows how one can combine Time cycles with Elliott wave and various asset class together. With the bigger term outlook one can create a portfolio of stocks that can outperform during strong bull trend. You can now avail all of these offers at prices less upto 60%. Know more here

Most Advanced Training on Technical analysis – Learn the key to successful trading by using Hurst’s Time cycles, Elliott wave – Neo wave and Ichimoku Cloud. Also learn how to select stocks, create algo filters, analyze volume using Volume profile and much more. Know more over here

Nifty Hurst’s Time cycle 55 days with Elliott wave pattern:

J. M. Hurst suggested that there are certain standard cycles which are universal and can be applied on any asset classes. Many cycle analysts often complain that cycles vanish without giving prior indication. The major reason being interaction of different cycles of varying magnitude.

The subject might look complicated but it is no different than Elliott wave principle. The major difference is Hurst Cycle analysis helps us to predict time and Elliott wave focuses more on price. This element of time can help us to forecast the Elliott wave pattern that can form in future.

As shown in below chart we have applied Time cycle on Nifty Daily chart along with Neo Wave. The important part of Hurst Cycle is that if you know that major as well as smaller degree cycles are citing towards probable bottom or top then you can save yourself from making wrong trade. In market “when not to trade is the key to success”.

Nifty daily chart:

The above chart clearly shows important areas when Nifty formed lows near the above cycle. We have turned bullish based on these lows. Also a few days or maybe two weeks prior the markets topped out. This time it was no different and we can clearly see it topped out in 2^nd half of the cycle. So by applying cycle analysis you can know when important lows or tops should be formed.

This study of cycle analysis is independent of price forecasting that we do using Advanced Elliott wave i.e. Neo wave.

Imagine the power you will have if Time cycles and Neo wave price pattern both are in sync and pointing towards same direction.

In addition to above we have been mentioning Nifty daily intraday calls in our trading research reports. Below are the past few days of Nifty calls given:

Anticipated on 15^th October 2019 – Long positions can be created above 11380 with day’s low as stop and target of 11420 levels. BANG ON!

Happened: Nifty moved exactly as expected and crossed above 11420 levels

Anticipated on 14^th October 2019 – Long positions can be created above 11360 with 11290 as stop and target of 11400 levels. BANG ON!

Happened: Nifty touched the high near 11420 levels post crossing above 11360

Anticipated on 10^th October 2019 – Long positions can be created above 11280 with 11230 as stop and target of 11320 levels. BANG ON!

Happened: Nifty moved precisely as expected and crossed above 11320 levels

Nifty / Bank Nifty Intraday advisory – The above clearly shows how accurately intraday trading strategy has been working despite of all the volatility. Subscribe to Equity / Nifty / Bank Nifty calls here

Get access to various services under the Diwali Special offer – check the offers here

Upcoming Training on Time cycles & Neo wave– You can learn these methods in the upcoming training on Advanced Elliott wave – Neo wave, Hurst’s Time cycles. All of these methods when combined together have resulted into brilliant outcome that you can see above. Also before the training itself, there will be FREE Elliott wave video links shared across that will ensure you can learn even the basics of technical analysis and Elliott wave well before the two days’ workshop. There cannot be better investment than this.

Post the training Mr. Kyal himself will be more than happy to clarify the doubts by starting a special Trader’s forum meant only for the attendees where you can post your personal charts and trades. Register NOW as Early Bird offers ends on 25^th October 2019. For more details visit Training on Time cycles and Neo wave or to block your seat today itself directly call / whatsapp on +91 9920422202. Trust me this can be one of the best investments you can make!