Friday, June 18, 2021

Nifty, Reliance, SBI, BankNifty Trade Strategy For Week Ahead 18-06-2021


There are various methods that are available to read the market but a mentor who has decades of experience act as a guide for application of these methods in a disciplined way. Know more about our 3 months of mentorship starting from July 2021- https://www.wavesstrategy.com/mentorship-form/ -------------------------------------------------------------------------------------------------------------- Testimonial from Client – “Ashish is an extremely well read and informed teacher, and it was a pleasure to learn practical trading from him. I will recommend his courses to anyone who is a beginner or expert in trading. For the beginner it will be eye opening!.”– By Aditya Shroff -------------------------------------------------------------------------------------------------------------- We would love to connect with you on Social Media: Twitter - https://twitter.com/kyalashish/ Instagram - https://www.instagram.com/kyalashish/ Facebook - https://www.facebook.com/AKTradingGurukul Telegram - https://t.me/AKTradingGurukul LinkedIn - https://www.linkedin.com/in/ashishkyal/ -------------------------------------------------------------------------------------------------------------- "If one knows to apply cycles trust me it is possible to time the market to the very hour and at times to the very minute. learn how to Trade Nifty and trading strategies for coming week using cycles analysis" -------------------------------------------------------------------------------------------------------------- "SEBI “Research Analyst” No: INH000001097 Visit us : https://www.wavesstrategy.com/ Write to us on : helpdesk@wavesstrategy.com Contact us: +91 9920422202 --------------------------------------------------------------------------------------------------------------

Monday, June 14, 2021

Adani Stocks Crashed - Is It Time To Buy or Big Down Move Starting?

 Adani Stocks crashed but is it just a temporary fall or bigger degree correction is underway! Following is the news –

“National Securities Depository Ltd (NSDL) has frozen the accounts of three foreign funds — Albula Investment Fund, Cresta Fund and APMS Investment Fund — which together own over ₹43,500 crore worth of shares in four Adani Group companies. These accounts were frozen on or before May 31, as per the depository’s website. The freeze on the three accounts could be because of insufficient disclosure of information regarding beneficial ownership as per the Prevention of Money Laundering Act…”

Now that there was trigger and big correction across Adani Enterprise, Adani Ports, Adani Power, Adani Total Gas and many more let us pick up one stock – Adani Power and see if we see from the lens of Elliott Wave it can provide us better opportunity from trading perspective.

Adani Power Daily chart: Elliott wave

Trading, Adani , Stocks

We can see on the daily chart of Adani power that that the rise is a clear 5 wave impulse structure which seems to have completed. This indicates that a bigger degree correction can start as the stock reversed on downside possibly on back of news but the pattern looks complete. After a 5 waves up we see retracement of the rise as per simple Elliott Wave technique.
Now a bigger degree correction can follow. Wave theory suggests that often the downside correction in an uptrend can end near the area of the prior degree fourth wave. Also, if we take the 61.8% retracement of the entire rise also lies near the low of wave (4).

A confluence of these two factors suggest that we could see a large correction towards 85-84 levels in Adani Power eventually.

We might be early to pre-empt this move but it is better to be out early than late when you are trading markets. Also if the stock breaks the high again we might see extension of the ongoing leg but unless that happens it seems there can be a bigger degree correction underway for Adani group stocks.

Upcoming Training - 3 Months of Mentorship on Technical Analysis – It is best to learn the techniques of market timing and trading in disciplined fashion with stock selection algos from Ashish Kyal, Author of International Book and see how by following simple methods and disciplined approach you can trade with high accuracy and consistency. Know more

Tuesday, June 1, 2021

Timing the Turns on Crude Oil to very Day, Hour & Minute!

 Crude is exhibiting amazing Time Cycles and turning areas right from Daily to Hourly time frame.

In this research we will focus on analyzing the Cycle period and understanding their forecasting ability.

MCX Crude (INR) Futures Chart – 115 Days Time Cycle

Technical Analysis , Commodity, Crude oil, Time cycles

Crude Oil 73 Hours Time Cycle

Technical Analysis , Commodity, Crude oil, Time cycles

We used the concepts of Hurst’s Time Cycles and found actual cycles working on Crude Oil.

Crude Oil 115 Days Cycle: We can see that all the major lows formed on Crude Oil is near 115 days Time Cycle. This includes the low formed during the crash seen in April 2020 when Crude in USD turned negative cited to the Oil glut created as a result of ongoing Pandemic. But if one were to follow this cycle period it very clearly suggested that the upturn was imminent when majority were focusing on news and it worked out extremely well. The recent low was also near to this cycle.

Crude Oil 73 Hours Time Cycle: After analyzing the bigger cycle the short term cycles can be identified. The above chart clearly shows important turn areas can be identified on Crude Oil every 73 hours. It is working so extremely well that traders can use this simple cycle analysis and time their trades accordingly.

References for above research: Book – Effective Trading in Financial Markets Using Technical Analysis by Smita Roy Trivedi, Ashish H. Kyal. Get your copy Here

Master of Cycles: It is thrilling experience to trade with time in your favour. Learn this simple tool of timing the market which is so far known to only to a few big players, Hedge Funds, FIIs, DIIs. It is now made available to everyone who wants to time the market to the very Hour and Minute, Join now Master of Cycles 2 Days Event 12th – 13th June. Register Now Here

3 Months of Mentorship on Technical Analysis starts July 2021 – Become an expert trader with different strategies that can be applied during the market, stock selection with Ashish Kyal and creating simple Algos for trading, know more

Friday, May 28, 2021

Why #Nifty can top out in 8 weeks in 15600 - 15900 range? by Ashish Kyal


We have been doing lot of research on Cycles for more than a decade. Time Forecasting is most important subject and very less talked about. Join us for the Training on Master of Cycles (MOC) to uncover the mystery of cyclical nature of markets, timing the trades and taking your accuracy to the next level. Register before 30th May to avail the early bird offer - https://www.payumoney.com/events/#/buyTickets/MOCJune2021 -------------------------------------------------------------------------------------------------------------- There are various methods that are available to read the market but a mentor who has decades of experience act as a guide for application of these methods in a disciplined way. Know more about our 3 months of mentorship starting from July 2021- https://www.wavesstrategy.com/mentorship-form/ -------------------------------------------------------------------------------------------------------------- Testimonial from Client – “Ashish is an extremely well read and informed teacher, and it was a pleasure to learn practical trading from him. I will recommend his courses to anyone who is a beginner or expert in trading. For the beginner it will be eye opening!.”– By Aditya Shroff -------------------------------------------------------------------------------------------------------------- We would love to connect with you on Social Media: Twitter - https://twitter.com/kyalashish/ Instagram - https://www.instagram.com/kyalashish/ Facebook - https://www.facebook.com/AKTradingGurukul Telegram - https://t.me/AKTradingGurukul LinkedIn - https://www.linkedin.com/in/ashishkyal/ -------------------------------------------------------------------------------------------------------------- "If one knows to apply cycles trust me it is possible to time the market to the very hour and at times to the very minute. learn how to Trade Nifty and trading strategies for coming week using cycles analysis" -------------------------------------------------------------------------------------------------------------- "SEBI “Research Analyst” No: INH000001097 Visit us : https://www.wavesstrategy.com/ Write to us on : helpdesk@wavesstrategy.com Whatsapp us on https://wa.me/message/XSAJMC4HQL4FA1 Contact us: +91 9920422202 --------------------------------------------------------------------------------------------------------------

Thursday, May 27, 2021

Gold, A True Rally? – Time Cycles Cannot be More Accurate!

 Time Cycles is a very important Technical Analysis study and is rarely focused by traders.

Look at the below charts with application of Time Cycles on different Time Frames applied on Gold in USD.

It is simply amazing to see how easy Trading becomes if one is aware about such reversal time areas with exact date to the very minute.

Gold USD 55 Days Time Cycle:

Technical Analysis, Trading, Gold, Commodity, MCX, Time cycles

Gold USD 60 minutes 189 period Time Cycle:

Technical Analysis, Trading, Gold, Commodity, MCX, Time cycles

Gold USD 193 (15 Minutes) Time Cycle:

Technical Analysis, Trading, Gold, Commodity, MCX, Time cycles

J. M. Hurst (father of Time Cycles) suggested there are a few standard or nominal cycles applicable in scientific field. The same can be extended to freely traded markets.

We used the concepts of Hurst’s Time Cycles and found actual cycles working on Gold prices. It is amazing to see it can be applied simply across Daily, Hourly, 15 minutes time frame and all working extremely well.

We can see that all the major lows formed on Gold is near 55 days cycle including the recent one formed in April2021 near 1700 and a rally of more than 12% from there is seen.

Once the trend is clear on bigger time frame a trader can then drill down to smaller time frame charts in order to time the exact entry using simple methods of Time and CandleSticks. Many traders complicate it by combining various indicators but it is not required as we can easily trade keeping things simple.

Learn the simple science of trading using Time in Master of Cycles 2 days Live Event Online. This event happens only once in a year and you cannot miss the opportunity of learning Powerful tools that is so far known only to Expert traders. Learn it yourself in this once in a lifetime opportunity.

Mentorship on Technical Analysis can result into a huge transformation in the way you trade and ride the trend. Right from planning a trade to executing to complete hands on experience and follow-ups. Trade with style and simple methods. know more

EarlyBird Offer Ends In 3 Days – Master of Cycles  Learn the science of Timing the market to the very Day and Minute in easy steps and Simple fashion. No prior knowledge required. Early Bird for this two days of Event ends on 30th May 2021, Limited Seats only. Register Now and increase the accuracy drastically by timing the markets. Fill the Form Here


Monday, May 24, 2021

Time Cycles and Application on Nifty !

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”.

Following was published on 23rd May 2021 when Nifty was near 14400 levels:

Nifty daily chart with Time Cycles:

Nifty, Technical Analysis, Trading, Stock Market, Stocks, Timecycles

Happened as on 24th May 2021:

Nifty, Technical Analysis, Trading, Stock Market, Stocks, Timecycles

Following was published on 23rd April:

Time Cycles: We do concur that most of the indicators entered into the sell mode but the cycles are still managing to keep prices afloat. Traders who pay most of the attention to prices and not time might feel the heat of false moves on either side. 55 Days’ Time cycle low has been breached on intraday basis but not on closing basis even now. The recent fall looks to be in form of a Wedge pattern with wave e either under formation or still ongoing. …. whereas move above 14500 will increase the odds of a wedge-shaped pattern. This is option sellers’ market if one can understand the time since other assets might have resulted into stops being triggered on either side. In short, trend for Nifty is sideways with push above 14500 might result into short to cover their positions…It is time now to focus on time theory and not only price for riding the current market environment!

Happened: Nifty reversed exactly as expected on 23rd April and rose sharply from there. Prices touched the high around 15250 levels and rallying by more than 850 points in just a few days of time. Also we had the conviction on the buy side because we knew about the Time Cycles that helped us identify the possible reversal and Time the market to the very Day.

If one knows to apply cycles trust me it is possible to time the market to the very hour and at times to the very minute.

Get access to “The Financial Waves Equity research report” that contains detailed outlook on Nifty and stocks using these Simple concepts of Time Cycles and Elliott Wave. Subscribe annually and get monthly research free along with it. Get access here NOW.

Friday, May 21, 2021

Nifty Correlation with Crypto Bitcoin, USDINR, BankNifty 21-05-2021


Bitcoin crashed by more than 30% followed by Ethereum, XRP down by 40% and Dogecoin well promoted by Elon Musk of #Tesla down by 45%. And yes this fall is single day crash across the Digital coins, Is it a sign of concern for Indian markets? Correlation between Nifty and CryptoCurrency and Path Ahead from here on.
-------------------------------------------------------------------------------------------------------------- Introducing 3 months of Mentorship on Technical Analysis - Be a part of our Trading Gurukul and learn the application of the important concepts for trading with consistency and accuracy. Check here what’s in it for you - https://www.wavesstrategy.com/mentorship/ -------------------------------------------------------------------------------------------------------------- Time the markets to the very Day, hour and times to the very minute. Yes this is possible if one understands the science of cycles and it is Simple to apply. Join Master of Cycles (MOC) Live Event on 12th – 13th June 2021, Limited Seats, Early Bird Ends Soon! Know more here: https://www.payumoney.com/events/#/eventDetails/MOCJune2021 -------------------------------------------------------------------------------------------------------------- Connect with us on Social Media: Twitter - https://twitter.com/kyalashish/ Instagram - https://www.instagram.com/kyalashish/ Facebook - https://www.facebook.com/AKTradingGurukul Telegram - https://t.me/AKTradingGurukul LinkedIn - https://www.linkedin.com/in/ashishkyal/ -------------------------------------------------------------------------------------------------------------- Write to us on : helpdesk@wavesstrategy.com Whatsapp us on https://wa.me/message/XSAJMC4HQL4FA1 Contact us: +91 9920422202 --------------------------------------------------------------------------------------------------------------

Momentum Stock – Dalmia Bharat Awesome Elliott Wave Target!

Momentum stocks are going good with Nifty stabilizing, Dalmia Bharat moved precisely as expected on basis of Elliott Wave pattern.

Below research and momentum call was given on 12th May 2021 clearly showing why we turned bullish on this stock near 1689 and today the stock crossed the targets of 1860 levels.

Dalmia Bharat Daily Chart: (As published on 12th May 2021) in Momentum research

Technical Analysis, Trading, Stock Market,Dalmia,bharat, Stocks, momentum

Happened:

Technical Analysis, Trading, Stock Market,Dalmia,bharat, Stocks, momentum

Elliott Wave analysis: Following was mentioned on 12th May 2021 in Momentum research

Momentum stock recommendation: Dalmia Bharat

Buy Price – Buy above 1689

Time Horizon –Not Applicable

Investment – 5% of capital

Target price –1860

Partial Profit: 1755

Stop loss– 1590

Anticipated: “DALMIA BHARAT LIMITED in the lens of Elliott wave analysis shows that a brief breakout in the stocks has happened from the range bound area giving Momentum to the Stock. We can clearly see that the stock started its 5th wave higher and can reach toward the equality target of 1860 levels on upside….Overall sector is also outperforming with action witnessed in Midcap and Smallcap space. On downside stop can be placed near 1590 and it is best to book partial profits near 1755 levels and then trail stop to cost. Fibonacci equality target is at 1860 levels.”

Happened: The stock touched the target of 1860 and up by more than 10% in just a few trading days. This shows power of Elliott Wave and identifying impulse patterns.

Did you read our latest research on Bitcoin Crashed – China News or Hurst’s Time Cycles Working! Check it over here

Get access to Momentum calls and research consisting application on charts and how you can ride the trend using simple powerful Wave theory. Subscribe annually and get additional offers. Act NOW! Subscribe here

Master of Cycles – Time the markets to the very Day, hour and times to the very minute. Yes this is possible if one understands the science of cycles and it is Simple to apply. Join Master of Cycles (MOC) Live Event on 12th – 13th June 2021, Limited Seats, Early Bird Ends Soon! Know more here

3 Months of Mentorship on Trading – Be a part of our Trading Gurukul and learn the application of the important concepts for trading with consistency and accuracy. Were you able to ride the trend from 7511 on Nifty, FOMO – Fear of Missing Out results into impulsive actions exactly at wrong times, Avoid the pitfalls while doing Intraday Trades, a lot more will be discussed in much detail in this entire journey of Mentorship with complete Hands on experience and follow-up post that. Know more here

Thursday, May 20, 2021

Bitcoin Crashed – China News or Hurst’s Time Cycles Working!

 Bitcoin crashed by more than 30% followed by Ethereum, XRP down by 40% and Dogecoin well promoted by Elon Musk of #Tesla down by 45%. And yes this fall is single day crash across the Digital coins.

The news that is being said to be responsible for the crash – Beijing’s ruling that financial institutions must no longer accept cryptocurrency as payment sent the world’s biggest digital currency.

So do you really think that is what led to the crash or the charts suggested that a crash is imminent as soon as the support levels were broken. See below to get the answers for yourself:

Bitcoin / USD chart: Hurst’s Time Cycles

Technical Analysis, Stocks, Bitcoin Trading, BankNifty, Index , Time Cycles

Time Cycle analysis:

J. M. Hurst known as father of cycles have done a lot of scientific work not only in space of physics but also in application of Cycles on stock market. He identified a set of nominal cycles that is working across scientific field and can be extended to the cyclicality of freely traded assets as well. We will not dwell into the theory as of now.

We have applied 58 days Time Cycle which is in close approximation to the Hurst’s Nominal cycle of 56 days on BTC/USD. The same looks to be working extremely well and we can see everytime prices formed a bottom on this cycle day on most of the occasions.

In the recent event, the cycle low was broken near 48400 levels thereby suggesting that the major cycle has topped out and a crash is imminent. This low was broken on 13th May 2021. China news of asking financial institutions to stop dealing in crypto currency came only on 19th May 2021. Much before that itself the charts clearly suggested cycles have topped out and supports are broken.

When the low created by the earlier cycle is taken out it indicates that a top is formed until the next cycle low kicks in. The next cycle low is due only by last week of June 2021.

Forecasting price targets using Time – Yes, this is yet another amazing concept that is explained as per Hurst’s Time Cycles by plotting a simple indicator known as Future Line of Demarcation (FLD) shown on the chart.

In a nutshell, Hurst’s Time cycles suggested enough proof much ahead of the crash that this crypto currency trend is reversing and prices have topped out for atleast a few weeks if not months. Anyone paying attention to this simple cycle analysis would have been able to trade this currency with amazing accuracy. Going ahead the top made near 59250 levels will remain protected until 20th June and any rallies can be used as shorting opportunity as the cycles remain in “Sell Mode”

Get access to daily Equity research reports consisting application of Elliott Wave, Time cycles and much more on charts of Nifty, Bank Nifty, Stocks and much more. Subscribe annually and Monthly research absolutely free along with it. Act NOW! Subscribe here

Master of Cycles – Time the markets to the very Day, hour and times to the very minute. Yes this is possible if one understands the science of cycles and it is Simple to apply. Join Master of Cycles (MOC) Live Event on 12th – 13th May 2021, Limited Seats, Early Bird Ends Soon! Know more here

3 Months of Mentorship – Be a part of our Trading Gurukul and learn the application of the important concepts for trading with consistency and accuracy. Were you able to ride the trend from 7511 on Nifty, FOMO – Fear of Missing Out results into impulsive actions exactly at wrong times, Avoid the pitfalls while doing Intraday Trades, a lot more will be discussed in much detail in this entire journey of Mentorship with complete Hands on experience and follow-up post that. To know more simply fill the form here or Contact +919920422202


Wednesday, May 19, 2021

Should you Invest in Gold and Gold Stocks by Ashish Kyal, CMT 19-05-2021


Should you Invest in Gold and Gold Stocks like Manappuram Finance? Check Simple, Easy ways of making Trading or Investment decisions - Mentorship on Technical Analysis starts July 2021 - Must for Becoming A Successful Trader, Learning the Science of Trading Profitably with Consistency. Know more - https://www.wavesstrategy.com/mentorship/ or Contact +919920422202 -------------------------------------------------------------------------------------------------------------- Learn Simple yet Powerful ways of Forecasting the market using with Time Forecasting and Cyclical Analysis Combining Hurst’s, Gann Cycles – Master of Cycles (MOC) by Ashish Kyal, Author, CMT (13th and 14th June 2021)Book Seats now - https://www.payumoney.com/events/#/buyTickets/MOCJune2021 ------------------------------------------------------------------------------------------------------------ Want to know how to Trade on Intraday/Positional basis with Charts ? and which is the stock that can show momentum? Get Advisory Calls on Stocks , Nifty / Bank Nifty and Commodity with Free research. Also Get access to Multibagger research that can show impulsive rise. Get access here- https://www.wavesstrategy.com/pricing-plans/ ------------------------------------------------------------------------------------------------------------ Whatsapp us on https://wa.me/message/XSAJMC4HQL4FA1 Contact us: +91 9920422202 ------------------------------------------------------------------------------------------------------------- Testimonial: Chaitanya Shukla – “It’s a great learning platform. Ashish Sir is simply beyond words when it comes to mentoring his students. I hope to one day make it big in markets. Have already taken the first step under Sir’s guidance.” Aditya Shroff – “Ashish is an extremely well read and informed teacher, and it was a pleasure to learn practical trading from him. I will recommend his courses to anyone who is a beginner or expert in trading. For the beginner it will be eye opening!.”

Tuesday, May 18, 2021

Trade Midcap Stocks - Dalmia Bharat, BF Utilities, Deepak Nitrite


How to #Trade #Midcap #Stocks - Dalmia Bharat, BF Utilities, Deepak Nitrite. All of us need a Guide / Coach to achieve our goals and realize our dreams. We need someone who knows the game thoroughly. Ashish Kyal Trading Gurukul is coming up with its "Mentorship Program July 2021" which covers the important aspects of successful trading. Enroll now: https://www.wavesstrategy.com/mentorship/ -------------------------------------------------------------------------------------------------------------- Learn Simple yet Powerful ways of Forecasting the market using with Time Forecasting and Cyclical Analysis Combining Hurst’s, Gann Cycles – Master of Cycles (MOC) by Ashish Kyal, CMT (13th and 14th June) Enroll now: https://www.payumoney.com/events/#/buyTickets/MOCJune2021 ------------------------------------------------------------------------------------------------------------ Midcap and Smallcap Stocks have continued to show good moves. Dalmia Bharat, BF Utility, Deepak Nitrite cash stocks following simple effective technical analysis methods. Check here why these are up 5% to 10% Want to know how to Trade on Intraday/Positional basis with Charts ? and which is the stock that can show momentum? Get Advisory Calls on Stocks , Nifty / BankNifty and Commodity with Free research. Also Get access to Multibagger research that can show impulsive rise and has potential to be a multibagger over next 1 to 2 years of time. Get access here- https://www.wavesstrategy.com/pricing-plans/ ------------------------------------------------------------------------------------------------------------ Whatsapp us on https://wa.me/message/XSAJMC4HQL4FA1 Contact us: +91 9920422202 ------------------------------------------------------------------------------------------------------------- Testimonial: Chaitanya Shukla – “It’s a great learning platform. Ashish Sir is simply beyond words when it comes to mentoring his students. I hope to one day make it big in markets. Have already taken the first step under Sir’s guidance.” Aditya Shroff – “Ashish is an extremely well read and informed teacher, and it was a pleasure to learn practical trading from him. I will recommend his courses to anyone who is a beginner or expert in trading. For the beginner it will be eye opening!.”

Friday, May 14, 2021

Nifty Failing to Cross 15000 But Midcap Party Is On by Ashish Kyal, CMT


Nifty index failed to cross above 15000 yet again but Midcap and Smallcap Stocks have continued to outperform. Learn the trading strategy in this webinar by Ashish Kyal Trading Gurukul.

All of us need a Guide / Coach to achieve our goals and realize our dreams. We need someone who knows the game thoroughly. Ashish Kyal Trading Gurukul is coming up with its "Mentorship Program July 2021" which covers the important aspects of successful trading. Enroll now: https://www.payumoney.com/events/#/buyTickets/MentorshipJuly2021

Few words from Client- "My birth in stock market is 10 months, I joined lots of youtube channels but removed all and joined only one AKTG really no one can simplify like you.."- By Kulvir Arya “I am associated with Ashish and Waves Strategy for last 10 years and I can confidently say he is amongst the top market technician and experts. Extremely humble and intelligent.” – By Hardik Mehta -------------------------------------------------------------------------------------------------------------- Contact us: +91 9920422202

Ashish Kyal, Author - Winner Of Khiladi No.1 on CNBC Awaaz



From the 3 big players of market Ashish Kyal, Author has won CNBC Awaaz Khiladi No.1 Trade Show in this week with more than 9% gain. Midcap helped this week. Let see if the party continues in Midcap and Smallcap space. Watch Trading Strategies followed by Ashish Kyal to win KhiladiNo1 show. 

Wednesday, May 12, 2021

Why Godrej Consumer Products (GodrejCP) – Up by More than 20%

Godrej Consumer Products (GodrejCP) jumped by 20% Godrej as the company appoints new MD & CEO and reports decent rise in net profits. The FMCG major reported a 59.13 percent increase in its consolidated net profit to Rs 365.84 crore for the fourth quarter ended March 2021. The company had posted a net profit of Rs 229.90 crore in the January-March quarter a year ago.

The above is the news that one can find giving the logical reasoning on why the stock rallied sharply. But was it predictable before this move happened. We published the monthly research report on 10th May 2021 covering outlook on this stock on basis of Elliott Wave.

At that time it was quoting around 700 levels and as of now it is trading above 860. This simply shows that old wallstreet adage “Buy on Rumors and Sell on News” is perfectly valid. We recommended this in monthly research on basis of research. Below is the chart published on 10th May 2021 in The Financial Waves Monthly Update

Godrej CP Monthly chart:

Technical Analysis, Trading, Stock Market,Godrej CP,, Stocks

Happened:

Technical Analysis, Trading, Stock Market,Godrej CP,, Stocks

Following research was published before the move of 20% happened on this stock:

Godrej CP made a life time high near 978 levels in last quarter of 2018 and completed larger degree primary wave [3]. Since then the stock has witnessed a retracement on downside. This correction is in the form of primary degree wave [4]. Internal structure of the same indicates that it has taken shape of Complex Correction Pattern as marked by w-x-y-x-z. From the lows it managed to recover sharply and crossed above the previous pivot high near 770 levels. Post that from last few months prices are into consolidation mode and looks to be sustaining above the crucial support levels. This price action increases the odd that wave [4] might have completed near the lows and next leg on upside has started in form of wave [5].

The important thing to witness is that it has taken support of the upward moving trendline which is connecting prior intermediate lows very well. Along with the same MACD also gave positive crossover signal after many months and moved above 0 levels. This indicates that downside trend which started from the highs has completed and now prices can generate upside momentum in coming period. Apart from that few months back stock took support near the Ichimoku Cloud zone very well and as of now managing to sustain in green clouds which hints towards positive momentum.

Also overall structure suggests that ‘Inverse Head and Shoulder pattern’ is under formation and as of now right shoulder looks to be under formation. This is classical reversal pattern which occurs when downtrend is in final stages. Nevertheless we need to wait for positive price confirmation above neckline of the pattern.

In a nutshell Godrej CP seems to be in final stages of downside correction. Positive confirmation of the same we will obtain above …………….

Happened: The stock rallied sharply higher by more than 20% in single day. Various techniques like Ichimoku Cloud, Elliott Wave, Inverse Head & Shoulder pattern all were in sync precisely.

Get access to Monthly research report and Multibagger research that can show such impulsive rise and has potential to be a multibagger over next 1 to 2 years of time. Get access here

3 Months of Mentorship on Technical Analysis – Equip yourself with tools necessary to make it big in markets with complete handholding and lifetime access to Trading Gurukul platform, opportunity to network with like minded people and building a career as a disciplined and successful Trader. For more details Check Here Or WhatsApp on +919920422202

Tuesday, May 11, 2021

MMTC Up 12% – Power of NeoWave with Fibonacci, See It Yourself!

Elliott Wave is a powerful forecasting tool and if one can identify Impulse 3rd wave it carries wonders for Traders.

In our Master of Elliott Waves (MOW) event on 8-9th May 2021, we discussed in detail and forecasted how the stock should behave as per Neo Wave Impulse pattern. Below is the chart that was forecasted:

MMTC is up by 12% today discussed during the sessions of Master of Waves Season 2 on 8-9th May, This is the power of #NeoWave with #TimeCycles

MMTC hourly chart as on 9th May 2021 – Anticipated

Technical Analysis, Trading, Stock Market, MMTC,, Stocks

MMTC hourly chart Happened: UP 12% 

Elliott Wave Analysis:

Nifty had a Gap down opening on 11th May 2021 and frontline stocks corrected sharply. However, action has continued in the Midcap and Smallcap space. During our event on Master of Waves we discussed in much detail how a stock can be forecasted which is showing Impulse behaviour. MMTC was one of the stock which was trading near 46 levels and was expected to move up in the form of wave 5 towards 52.50 – 53 levels. The stock rocketed today and touched the high of 55.55 up by more than 12% in just single day.

This only show why it is important to use this advanced tools of technical analysis for successful trading and how one can form trading strategy once an impulse pattern is identified. Many such stocks in the Smallcap and Midcap space are showing such impulsive behaviour.

So, which is the next stock that can show such momentum? Get access to the Positional Cash / Futures calls or Momentum stock research over here

3 Months of Mentorship on Technical Analysis starts in July 2021. Equip yourself with tools necessary to make it big in markets with complete handholding and lifetime access to Trading Gurukul platform, opportunity to network with like minded people and building a career as a disciplined and successful Trader. For more details fill the form here or Simply WhatsApp on +919920422202

Friday, May 7, 2021

Option Trading Setup using Simple Neo wave Pattern by Ashish Kyal, CMT


Bank Nifty and Nifty Option Trading with levels combining simple ways of Price Action, Ichimoku, Candlesticks and Neowave. Path ahead in coming week.

Master Of Waves (MOW) Season 2 – Training on Advanced Elliott Wave, Neo Wave, Time Cycles and Ichimoku Cloud. Learn from Author, Trader, Mentor Ashish Kyal, CMT. Your Last Chance towards better trading career. Enroll now: https://www.payumoney.com/events/#/eventDetails/MOWSeason2 -------------------------------------------------------------------------------------------------------------- Few words from Client- "My birth in stock market is 10 months, I joined lots of youtube channels but removed all and joined only one AKTG really no one can simplify like you.."- By Kulvir Arya “I am associated with Ashish and Waves Strategy for last 10 years and I can confidently say he is amongst the top market technician and experts. Extremely humble and intelligent.” – By Hardik Mehta -------------------------------------------------------------------------------------------------------------- Contact us: +91 9920422202

Wednesday, May 5, 2021

Nifty Applying Time Cycles on 15 Minutes and 5 Minutes Chart

 Time Cycles is a powerful Technical analysis study that can give a very clear reversal areas to traders.

Ever happened that even after knowing the trend it is difficult to make money because the timing was off by just an hour? Here is the solution to the problem. Time the trade precisely to the very minute.

Now look at the below charts of Nifty on a 15 minutes and 5 minutes time frame. Also keep in mind both the charts shows a synchronized time behavior.

Nifty 15 minutes Chart (46 period Time cycle)

Technical Analysis , Trading, Nifty , Index , Time cycles

Nifty 5 minutes Chart (64 period Time Cycle)

Technical Analysis , Trading, Nifty , Index , Time cycles

Above chart clearly highlights areas of reversal and again these are not big time frame charts but 15 minutes and 5 minutes. Now this can be an eye opener for every trader that news or events are not responsible for the movement of market but the market behaves the way it has to and news will align itself along with it.

Nifty 15 minutes chart shows 46 period Time cycle – we can clearly see that every 46 period with a few candles leeway prices reverses the trend from down to up. It has happened so precisely on many occasions to the very period and it clearly suggest that by knowing this information a trader can align his / her existing studies with Time period and enter the market exactly when it is supposed to reverse.
To make it more precise let us now drill down to a 5 minutes chart

Nifty 5 minutes chart shows 64 period Time Cycle – Turn in prices is not only limited to 15 minutes time frame but also to a 5 minutes chart. In above chart we have shown a clear reversal in trend every 64 candles. Even the recent low near 14415 was exactly on this time cycle period. Thrilled yet! Imagine the drastic rise in accuracy if one is aware about this simple concept of Time Cycles and learn the application of the same right to a 5 minutes chart.

In a nutshell, as long as 15 minutes cycle low near 14415 is protected prices can show range bound movement with a positive bias whereas break below 14415 will suggest cycles are entering into a sell zone.

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