Nifty reclaims 20000 Mark, Time for new life time high?

Yes!! It is possible to derive path for Nifty using advance tools like Time cycle, FLD along with simple price indicators. Will Nifty make new fresh time high? See detail research below to find out path ahead for coming session for Nifty!

Following research is picked up from our Daily Equity Report which our subscribers receive daily before market opens.  

Nifty Daily chart with FLD:

Nifty 60 mins chart:

In the previous session, Nifty opened with a gap up with almost 87 points in the previous session. Prices showed a perfect rally which was much awaited after days of consolidation. Nifty ended the session up by 1.04% at 20096.

In the previous session, Nifty surpassed 20k mark after almost 2 months of span. Nifty achieved our target of Gann level which we have been mentioned since past few days at the start of the session. Afterwards prices gave a decisive breakout above 19952 and achieved our target of 20051 which is 61.8% of wave g to that of wave a precisely as expected. On the daily chart, FLD crossover has happened which a positive sign and as per this target comes near 20700 levels. The current rise is in form of primary wave (e) which opens possibility of a big diametric pattern. 

On the daily chart, we can see that prices completed its journey towards the upper bands. If buying continues we may witness a breakout of the bands soon. Prices are now approaching previous record high which is near 20222. However, on the hourly chart we can clearly see that RSI is in overbought territory so possibility of sudden reversals cannot be ruled out. Today is going to be a monthly F&O expiry so volatility is going to be higher. As per OI data, 20000 strike can act as a important barrier.

In a nutshell, Nifty crossed 20000 mark after 2 months of span. For now, use buy on dips method to ride the trend with our primary target of wave g which is near 20200 levels. On the downside 19870 can act as a near term support.

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Nifty Above 20k? Is it Possible to Time to Book Profits or Ride?

Is it possible to time the stock market?  Nifty is back above 20k, what is next?

It is very much possible to time the stock market to very Day, Hour, and Minute. The below chart shows how one can forecast the market using the simple concept of Time cycles.

Nifty 15 minutes chart: Time cycle Anticipated (webinar on 25^th November)

Nifty happened – so far as on 29^th November 2023

Nifty first chart was discussed in detail with 1000s of participants showing 28^th November, Tuesday 2 pm on basis of Hurst’s Time cycle concept that the trend can emerge on upside. 

Happened: Nifty formed a low at 19810 precisely at 2pm on 28^th November and rallied above 20100 in less than two days. A move of nearly 300 points on index that too precisely from time cycle.

By combining Time cycle along with Price action it is possible to forecast the market and trade with the edge of time.

Overall trend remains bullish and if any dips to next cycle low will provide opportunity to again buy the index.

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Why SBIN Stock Prices are Falling? What is the News?

 SBIN stock prices sold off sharply and is down by more than 5% in just 3 Trading days.

Fall in SBI share price can be attributed to news or better to see the charts.

Volume profile gives clear understanding of big player’s activity and where major volumes have taken place.

SBIN Volume profile chart with Elliott wave counts

Elliott wave analysis – In above chart we can see that prices are forming lower highs and lower lows and is moving in downward sloping channel.

Also the entire pattern is corrective as per Elliott wave and we are in wave (e) of the fall. This can form a Triangle or a Diametric pattern as per advanced Elliott wave – Neo wave analysis.

Volume profile shows that major activity happened near 573. This can be seen as the highest profile area marked in red on right hand side of chart. This is the region of distribution where major activity has taken place in the past.

So for SBI stock to cross above 573 is going to be major hurdle and any pullback can be used as shorting opportunity. Or rather short options to ride the current down move.

As indicators are oversold short term pullback is possible but can be only temporary.

In a nutshell, overall trend for SBI remains negative unless prices break above 573 levels. Use pullbacks to sell to ride this wave (e) on downside. This clearly shows by using this simple powerful concepts of trading one can form complete trade plan and strategy.

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 Momentum Stock up by 8% in 1 Day – How to Find Momentum Stocks?

How to identify Momentum stocks that can go up by 8%?

By combining Elliott wave method along with patterns and price action it is possible to capture massive moves in stocks.

Check out how we selected KOPRAN and was able to capture  short-term momentum of more than 8% in single day.

KOPRAN Daily Chart (Happened)

 KOPRAN was about to give a breakout of a Rounding Bottom pattern when we shot the calls to our momentum advisory clients.

Along with this the current rise is in form of wave (iii) of 3 which is considered as a strongest one and increase in volume acted as a double confirmation. The stock moved up by 8% in single day.

We gave a buy call above 255 levels and anticipated potential target of 280 levels. KOPRAN achieved our target and made high of 285.6.

Below is the list of past 6 months calls performance for momentum advisory services!

In short, even the most basic Elliott wave technique can work its magic when combined with price action! Especially, if you know how to apply it correctly.

Subscribe to momentum advisory calls directly over here and get added to our premium telegram group.  Click to subscribe to momentum research.

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WELSPUNIND: Power of Elliott wave, You cannot Miss!!!

 WELSPUNIND: Power of Elliott wave, You cannot Miss!!!

Combination of trend indicator and Elliott wave is an amazing technique applied on a chart to understand why there was a rise and is this rise is sustainable.

 

We published WELSPUNIND analysis in "The Financial Waves Short Term Update" on 31st October which our subscribers received pre-market every day. Check out below the detailed research report that we published.

 

WELSPUNIND Daily chart Anticipated as on 31^st October 2023

Wave analysis Anticipated as on 31^st October 2023

In the previous session, WELSPUNIND rose more than 7% during the session with higher volumes. Stock is currently trading at fresh record highs. On the above chart we can see that prices are moving well within a rising channel. Recently price bounced from the channel support and completed its journey towards the upper end of the channel. Currently prices are on the urge to give breakout of the same which is must for further bullish momentum to continue.

As per wave perspective, we are moving on the upside in form wave 3 which is considered as a strongest one as per guidelines. Also, Ichimoku cloud has acted as a support cushion to prices. As per this, nearest support is near 135 levels.

In short, trend for the stock looks positive. A close above 159 is must for further bullish momentum to continue with the targets of 165 or higher. While on the downside 135 can act as a near term support.

WELSPUNIND Daily chart Happened as on 16^th November 2023

Happened

On the above happened chart we can see how we captured a move of more than 16% within a short span using pure Elliott wave theory. Prices achieved our target of 165 and made high of 169.95. We anticipated a big up move in coming sessions as wave iii or 3^rd is ongoing on the upside.

The stock has potential to go much higher in coming sessions as 3^rd wave is ongoing. As the third wave of Elliott Wave Theory is the most powerful and visually distinct impulse wave within a five-wave pattern. It typically extends beyond the first wave and is often the largest wave. The third wave is often characterized by strong momentum and volatility, as it represents the most extended phase of the trend.

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Nifty50 Important levels to track Volume analysis – Is it Time to Buy?

 Nifty50 Important levels to track Volume analysis – Is it Time to Buy?

In trading Volume plays vital role to see big player’s activity. Nifty Volume profile shows area where big players have created their positions.

Volume at price or volume profile is different than normal Volume analysis.

Nifty hourly chart -

Above chart shows big volume activity near 19530 (fut) - 19480 spot levels. This is the area where prices opened on 13^th November post Diwali Muhurat trading day.

It shows that major activity happened on 13^th November as the volume became even bigger than the earlier area of 19700 levels. The red line is the Volume point of control (VPOC) showing that as long as this area is protected Bulls will be in control.

Analyzing volumes using this way provides vital information of big player’s accumulation zone. And trading in direction of them is the key to trade successfully.

On upside the hurdle is near 19820 (fut) so around 19760 spot levels as majority of volumes are within the shaded green area that represents 70% of the data. So the Value area high which is at 19760 is immediate hurdle.

In a nutshell, by analyzing volumes it is possible to trade with an edge. It is showing that the market is buy on dips as long as 19480 remains intact with upside hurdle near 19760 levels.

3 months of Mentorship on Timing the market – This is life transformation journey for traders who want to dip dive into trading and investment using scientific approach with complete handholding and time the market using Time cycles and Elliott wave, Neo wave techniques. Yes, you can time the entry to the very day and hour. We are creating #TimeTraders, the only question is are you ready to take the plunge! Fill below form for more details: Click here to know more

Diwali Multibagger Stock Up 110%

 Diwali Multibagger Stock Up 110%

Diwali festival is not only celebrated as a festival of lights, but investors also use the occasion to buy stocks with the expectation of earning higher returns.

We have published 4 stocks in last year Diwali namely Sundaram Fasteners, Cipla, Nestle and KPIT Tech. As shown on the below chart, we can see that KPIT Tech already achieved our target and moved way above it and showed movement of more than 110%. Along with this, Sundaram Fasteners, Cipla and Nestle also showed maximum returns of 53%, 49% and 37% in just one year of span. Below is one of the stocks.

KPIT Tech (Weekly Chart)

Investment and trading both involve risk and there are no guarantees. If you can take a systematic risk then there can be rewards accordingly.

We use Neo wave which is an advanced concept of Elliott wave and Time cycles to identify the turning areas, overall long-term trends, sectors, and much more to identify such stocks which has potential to give Multibagger returns.

Since Diwali Muhurat Trading is an auspicious day, a lot of traders and investors look for stocks with the potential to be Multibaggers. In less than a year, one of our stocks, KPIT Tech, surged by over 110% and met our goals.

So, which will be top picks for the coming year, 4 stocks that can strongly outperform the potential of giving 60%-70% returns, Get access now

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Diwali 2023: Which sectors should you bet on in Samvat 2080?

 Diwali 2023: Which sectors should you bet on in Samvat 2080?

Diwali 2023: Nifty 50 may see healthy gains in Samvat 2080. Which sectors should you bet on?

Nifty has continued to move higher even when majority have been worried about inflation, interest rates, US Bond yields and Israel war!

Because news or events will follow price movement. Charts never lie and it is best to look at Elliott wave patterns to understand the future.

Now coming back to the theme of which sector to bet on this Diwali?

Sector chart compared to Nifty

Sector percentage chart is shown above since April 2023.

In above chart we can see that Realty sector has strongly outperformed since April 2023 and the sector is up nearly 68% from the lows. Nifty on the other hand has moved up by only 14.41%

Sectors that has just started outperforming is Pharma which is gaining momentum followed by Auto and Metals.

Now seeing the above chart as Realty is heated up there is not much opportunity to invest here but Auto and Pharma can be top sectors to bet on going forward.

IT sector has been still a laggard and the day we start seeing it move above Nifty index we will know this is now emerging as the flavour.

The above research is a form of relative performance chart. Along with that there are ratio comparison and other way of identifying the performance as well.

In  a nutshell, for Diwali 2023 – top sectors to look forward is Auto and Pharma but at the same time one needs to look at individual stocks within that sector using lens of Elliott wave, Neo wave and Time cycles from short to long term perspective to time it to the very day, hour and minute.

3 months of Mentorship on Timing the market – This is life transformation journey for traders who want to dip dive into trading and investment using scientific approach with complete handholding and time the market using Time cycles and Elliott wave, Neo wave techniques. Yes, you can time the entry to the very day and hour. We are creating #TimeTraders, the only question is are you ready to take the plunge! Fill below form for more details: Click here to know more

TVS Motor can this be Multibagger?

TVS Motor can this be Multibagger?

Time Cycle helps to understand if the overall trend is going to reverse back on upside. TVS Motor has shown a good rally and we predicted this up move even before the rally started using Time cycle in our weekly webinar with 1000 of participants dated on 1st July 2023.

TVS Motor is following 164 Days’ Time cycle very well and we can clearly see that prices are forming low every time it approaches near to this cycle which can be seen from below charts.

TVS Motors – Anticipated as per Time cycle Daily chart (Anticipated on 1st July with 1000 of participants in Weekly webinar)

 TVS MOTORS – Happened as on 6^th November 2023

We have been discussing about TVS Motor following 164 Day’s time cycle for more than a year now. The stock was trading near 1280 levels when we presented this as opportunity during the webinar when no one expected it to move from 1280 to 1634 levels. On the above chart, we can see that on every 164 days TVS Motor has a tendency to form a low and bounce back on upside. 

Recent low was also formed near our cycle which was due on 14^th August near 1280-1290 levels. Since then stock has shown an excellent rally of more than 26%.

Gold Bang on using Time Cycle

 Gold Bang on using Time Cycle

Gold has witnessed a sharp rally since last few weeks. It is amazing to see how advance tool like Time cycle have helped us to catch early reversal precisely.

Following is the Gold daily chart with 51 Days Time Cycle which has helped to determine crucial reversal areas which we derived with 1000s participants in our weekly webinar which happened on Saturday, 14^th October 2023

Gold Daily chart 51 Days Cycle (Anticipated during weekly webinar on 14^th October)

Gold Daily chart 51 Days Cycle (Happened as on 2^nd November 2023)

First chart represents Gold, where we anticipated a reversal move with the help of Time cycle when majority were bearish on this asset.

Second chart shows how we were able to capture a move of more than 3000 points which is more than 5% with the help of Time cycle.

Yes! it is possible to predict moves and form a trade set up even in commodities with the help of Time cycle. To trade effectively, one needs to combine Time Cycle with price action.

Fed Meeting Impact on Stock Market? Rate Hike or no Rate Hike?

Fed Meeting Impact on Stock Market? Rate Hike or no Rate Hike?

U.S. Fed has constantly raise rates over the period of one year which is now in the zone of 5.25 – 5.50.

What is US Fed rate hike impact on stock market?

Below charts simple gives the fact. Remember chart never lies!

Nifty with Fed funds rate chart

Fed interest rates and Nifty chart is shown above. Left hand side scale is of Fed rate and the right hand side scale represents Nifty.

We can see during the year 2016 till the 2^nd half of 2019 FED has continued to increase interest rates. During this period Nifty has moved from the lows of 7000 to the highs of 12000 levels. 

Post that during Covid period there is a sharp fall on downside both in Fed rates and Nifty. Fed rates were near to 0 for a long period of time until 2022. Nifty continued to rise all the way post the Covid fall.

The 3^rd scenario is unprecedented rise by US Federal reserve since 2022 till date when the Fed rates moved up from near 0 levels to now 5.25% – 5.50% levels. During this period Nifty moved from 16000 to 20000 levels.

In a nutshell, seeing the above chart it seems that Fed rate hikes and Stock market has much higher positive correlation which if quantified will be more than 80% conservatively.

It is perceived that Nifty and Indian equity markets move because of the rate hike decision of Fed. In today’s meeting if there is rate hike prices will fall. Post events short term volatility is expected but ultimately prices follow Elliott wave patterns which can be used to trade rather than relying on news or events.

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