Wednesday, October 30, 2024

Deepak Fertilisers Bang On- Two powerful indicators you cannot miss!

Simple Elliott wave and Ichimoku cloud creates wonder if one combines it together! See for yourself how we were able to capture such a significant move in Deepak Fertilisers, take a look at how we chose Deepak Fertilisers, a momentum stock that has rallied by more than 17% in just 3 trading sessions.

We published Deepak Fertilisers in "Vayu Momentum report" on 25th October 2024 which our subscribers receive pre-market every day. Check out below the detailed research report that we published.

DEEPAKFERT Daily chart anticipated as on 25th October 2024

Wave analysis anticipated as on 25th October 2024

In the previous session, Deepak Fertilisers closed on appositive not with a marginal gain of 0.60%. On the daily chart, prices are trading in rectangular pattern since the past 2 months indicating a phase of accumulation in the stock. A daily close above 1130 can suggest breakout of the said pattern which can result into fresh rise in this stock.

Stock faced support from the Supertrend line and a sharp bounce of more than 18% was seen in just 2 trading sessions. As per wave perspective, wave iv got completed on the downside and fresh leg has started unfolding on the upside in form of wave v.

Key Resistance: 1200

Key Support: 1090

Strategy: long positions can be created above 1130 with the stoploss of 1090 and target of 1210. (One can book part profit near 1160-1165 and trail stoploss to cost)

DEEPAKFERT Daily chart Happened as on 30th October 2024

Happened:

The stock moved as we had anticipated. Deepak Fertilisers gave a breakout out of a consolidation with huge volume and achieved our target within 3 trading sessions and showed rally of more than 17%. Stock made life time high near 1335.95.

This entire moved we captured successfully by combining Elliott wave with simple price pattern.

Want to know more about such stocks like Deepak Fertilisers 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 

DYCL Bang On- Combing Rounding Bottom with Ichimoku Cloud

When we combine price patterns with key indicators, one can see remarkable results. In fact, this approach enabled us to capture a significant move in DYCL. Take a closer look at how we choose DYCL, a momentum stock that surged more than 19% from its lows in just two days. 

We published DYCL in "Vayu Momentum report" on 28th October 2024 which our subscribers receive pre-market every day. Check out below the detailed research report that we published. 

DYCL Daily chart Anticipated as on 28th October 2024. 

Analysis as on 28th October 2024

Wave Analysis:

DYCL closed on a positive note with a gain of 1%. The stock has formed a rounding bottom pattern. If Price managed to give a close above 680 it will confirm breakout of the Rounding bottom pattern! On the daily chart, price is trading above the Ichimoku cloud which indicates that the short-term bias is bullish.

When majority indices are falling, this stock has managed to hold its gain and continued to move up day by day!

Key Resistance: 710

Key Support: 635

Strategy: A break above 665 can lift price higher towards 700-710 as long as 635 holds on the downside.

DYCL Daily Happened chart as on 29th October 2024 

Happened – The stock moved as we anticipated. DYCL gave a breakout out of a rounding bottom formation with huge volume which was a bullish sign. Prices moved as we expected and achieved targets of 710 and made a fresh high near 795 which is more than 19% in just two trading sessions.  

For now, one should use buy on dips approach to ride the trend as long as 740 remains protected on the downside.

Want to know more about such stocks like DYCL 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 

Diwali Multibagger Stock Up by more than 60%

Diwali festival is known not only as festival of lights but also by investors to invest in stocks in expectations of giving good returns

We have published 4 stocks in last year Diwali namely Auropharma, Tata Consumer Products, CDSL, Birlasoft. As shown in the below chart, we can see that Auropharma and CDSL achieved the targets levels and given a return of 63%, 68% respectively. Even Tata Consumer and Birlasoft have shown a maximum return of more than 40% each in just less than a year. Below is one of the stocks.

Auropharma Weekly chart Happened as on 28th October 2024

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

I use Neo wave which is an advanced concept of Elliott wave, Hurst’s Time cycles to identify the turning areas, overall long-term trends, sectors, and much more to identify such stocks.

Diwali Muhurat Trading is an auspicious day and many investors or traders search for stocks that can be potential Multibagger. Two of our stocks Auropharma and CDSL rallied by more than 60% each and achieved the targets in just a year.

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

Also Get Astra at up to 70% off and get Nifty levels and strategic insights, join our ASTRA Membership where you get expert analysis and actionable levels. Get access now

Hero MotoCorp Bang On- 2 Best Indicators You Cannot Miss!

Simple Elliott wave and Ichimoku cloud creates wonder if one combines it together! See yourself how we identified such a sharp fall in Hero MotoCorp. Check out how we accurately predicted on the possible correction in Hero MotoCorp which has shown fall of nearly 4% and achieved our targets in just 1 trading session.

We published about Hero MotoCorp in "Vayu Short Term Update" on 25th October 2024 which our subscribers receive pre-market. Check out below the detailed research report that we published.

Hero MotoCorp Daily chart anticipated on 25th October 2024

Wave analysis as on 25th October 2024

Hero MotoCorp lost -0.62% in the previous session. On the daily chart, we can see that not a single candle has given a close above previous day's high since 14th October which keeps overall trend on the negative side as long as we do not see a close above previous day's high. Also, currently stock is trading near the crucial support area which is at 5085 levels. A breach below it can intensify further selling in this stock.

As per wave perspective, primary wave (3) got completed at the top and the entire fall is in form of wave (4). Also, prices gave breakdown of the trendline

In nutshell, trend for Hero MotoCorp is bearish. A decisive breach below 5085 can result into further correction.

Trade set up for Positional Futures – short position can be created below 5095 with the stoploss of 5176 and target of 4975. (One can book part profit near 5055-5060 and trail stoploss to cost)

Trade set up for Options: Nifty 31st October 5300 PE buy above 230 with the stoploss of 194 and target of 280. (One can book part profit near 243-245 and trail stoploss to cost)

Hero MotoCorp Daily chart Happened as on 25th October 2024

Happened – As we expected, the stock has shown a correction. After breaking through the key support level of 5085, prices showed a fall more than 4%. All the targets were achieved in Future and options precisely.

So, with the use of the Ichimoku cloud and a basic Elliott wave, we were able to capture a fall of over 4% in a single trading session.

Want to know more about such stocks like Hero MotoCorp 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 

Wednesday, October 23, 2024

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

Time Cycles is a very important Technical Analysis study and is surprising that such basic concepts are rarely focused by traders.

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.

See how we captured this entire rally of nearly 5900 points (8%) even before it started with the help of Time cycle. Following chart is picked up from Vayu-Gold report

MCX Gold Daily chart Anticipated as on 11th September 2024

MCX Gold Daily chart with 51 Days Time Cycle Anticipated as on 11th September 2024

MCX Gold Daily chart with 51 Days Time Cycle Happened as on 23rd October 2024

Happened as on 23rd October 2024

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 51 days cycle including the recent one formed at the start of September 2024 near 73000 and a rally of more than 8% from there has already been seen and Gold made fresh record high near 78857 levels. We have given hints about possible reversal on the upside in our short-term Vayu-Gold report.

For now, trend for Gold is positive. Looking at the sharp rally one should use buy on dips approach to ride the trend as long as 76600 remains protected on the downside.

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

PILANIINVS up by 27% in 2 days- How to find momentum stocks?

Elliott wave helps to understand the overall maturity of the trend and if the rise is sustainable or not.

Check out how we selected PILANIINVS as a Momentum stock and was able to capture a Short-term move of more than 27% within just two days of span!

PILANIINVS Daily chart Anticipated as on 19th October 2024 in our Weekly webinar
PILANIINVS Daily chart Happened as on 22nd October 2024
Stock is showing clear impulsive rise which can be seen in first chart. In our weekly webinar we mentioned about wave 2 completion and anticipated possible rise in form of wave 3. Also, 43 period Time cycle was due and we expected fresh rise after a dip.

The stock moved as expected which can be seen in above second chart. PILANIINVS surged by more than 27% in just two days and made a fresh record high near 8207 level.

When major indices were falling, we have been able to capture this entire rally with the help of Time cycle and Elliott wave.

In short, the advance tools like Elliott wave and Time cycle can work its magic when combined together along with price action! Especially, if you know how to apply it correctly.

Want to know more about such stocks like PILANIINVS is on the mark! subscribe to our Vayu Momentum Research Report: 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 

Is it Possible to identify early reversals using 43 period Time cycles?

It is fascinating to see how accurately Time cycles can predict early reversals on the Nifty Index, in the same way as stocks. 

Is it possible to Time the Index? Can we use methods to predict when Index prices will reverse with the exact date and time? 

Look at the below chart of Nifty with time cycle applied on 15 minutes time frame chart

Nifty 15 mins chart with 43 period Time CycleTime cycle works well to catch early reversals even on shorter time frames like 15 mins, 5 mins. For Nifty43 period Time Cycle works extremely well on 15 minutes time frame. As expected, we successfully captured short-term pullback. Prices made low exactly near our cycle on 18th October at 10.15 am and post which Index showed a sharp rise of more than 350 points in a single day

Next cycle is due by today 21st October at 2.45 pm, one can look out for buying opportunity near the same. 

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 

Multibagger Stock: Gillette India Ltd up by 33% in just 4 months!!

We published about Gillette India Ltd in June 2024 and predicted the possibility of Multibagger returns in coming 1-2 years. Check out the below research we had published on 25th June 2024 itself.

This stock has managed to hold its gain and gave more than 33% returns in 4 months of span and made a life time high of 9560 levels

Gillette Weekly chart Anticipated as on 25th June with Elliot Wave (log Scale)

Multi bagger stock recommendation: Gillette Ltd

Buy Price – Buy at CMP 7480 more on dips towards 6500 level.

Time Horizon – 1 - 2 years

Investment – 5% of capital

Target price – ??

 Stop loss - ??

Anticipated as on 23rd April 2024 – Elliott Wave Theory:

Gillette India Limited manufactures and sells grooming, portable power, and oral care products in India and internationally. We have been bullish on FMCG sector since the start of the year 2024. This stock has shown its outperformance irrespective of market conditions and it has managed to protect its important support levels. Prices are showing clear impulsive rise from its low of 525 levels. Wave 2 got completed near the channel support near 4250 level. As of now, Primary wave 3 is ongoing which is further subdividing.

Prices are moving precisely within the blue channel and the lower trendline is providing good support. The 54 weeks’ Time Cycle is working amazingly as it has managed to capture major lows and tops of this stock. Cycle will provide good opportunity to enter.

Gillette Daily Happened Chart as on 18th October 2024

Happened – the stock was in sync with our expectation. The stock has shown sharp rally on the upside and gained more than 33% in the span of 4 months!! It has recorded its fresh high near 9560 levels. The overall up move has been strong and we expect prices to achieve its target of........levels in coming months.

Want to know more about such stocks like Gillette  subscribe to our JAL-Multibagger Research Report: 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

Nifty path ahead using 2 powerful indicators

It is important to see the outlook from Time cycle perspective. Below is the chart of Nifty showing the possible path ahead using Time cycle and Neo wave.

Nifty Daily chart with 55 Day’s Time Cycle
Nifty above chart shows 3 vertical lines which are time cycles. Cycle zone will start from 24th October 2024 and the middle line is the main 55 Day’s Time cycle line. The date as per this is near 4th November 2024. So, we can expect prices to remain under pressure before fresh leg on the upside begins.

As per wave perspective, wave g got completed at the top in form of Diametric pattern. Since then, a fresh leg is unfolding on the downside.

In today’s session Nifty finally broke 24920 levels which was a crucial support area and showed a sharp fall on the downside and now moving towards Gann level of 24728! On the daily chart, Nifty looks to be forming Head and shoulders pattern and currently trading near the neckline. But it will be too soon to conclude as further price action is needed.

We will review the above scenario again once there is a confirmation by break below 24690. Until this happens, we can expect short term pullback towards 24870 levels.  

In a nutshell, by knowing the science of Neo wave along with Time cycle it is possible to form strong trading strategy. Currently Nifty is at important juncture. Breach below 24690 will be a strong bearish signal. As long as same is intact short-term pullback cannot be ruled out for a move towards 24870 levels.

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

Bank Nifty Targets Using Neo Wave and Price Action!

Neo wave along with price action helps to form powerful setups with a good accuracy. In the previous report dated on 14th October 2024 we anticipated possible rally in Bank Nifty. Bank Nifty moved precisely as expected! 

We published Bank Nifty in "Agni Financial Strategy" on 14th October 2024 which our subscribers receive pre-market every day. Check out below the detailed research report that we published. 

Bank Nifty Daily Chart Anticipated as on 14th October 2024

Bank Nifty Hourly Chart Anticipated as on 14th October 2024

Waves Analysis anticipated as on 14th October,2024.

In the Friday's session, Bank Nifty opened with a minor gap down and extended loss as the day progressed and showed a fall of more than 500 points. However, in the second half, Bank nifty lost its momentum and started moving in a sideways manner. At the end Bank Nifty closed at with a loss of -0.70% at 51172 levels. Amongst the stocks, ICICI Bank, AU Bank and Bank of Baroda were the top draggers for the day!

On the daily chart, Bank Nifty Gann level of 51416 is acting as a magnet. As prices are hovering around it since past 3-4 sessions. Previously also, 51416 level have acted as a crucial resistance area which can be seen on the above daily chart. For now, a breach below 50900 is needed for selling to resume.

On the hourly chart, it looks like prices have lost its momentum. ADX is also trading at 13 suggesting lack of trending move. As a result, we are seeing consolidation or sideways action on the hourly chart. As per wave perspective, wave g got completed and the internal structure of the recent fall is still unclear. To understand it, further price action is required.

In nutshell, Bank Nifty is at crucial juncture. Further price action is needed to understand further course of action.

Trading strategy (Spot): Short positions can be created below 50980 with 51180 as stoploss and target of 50780 followed by 50600. Long positions can be created above 51300 with the stoploss of 51100 and the targets of 51500 followed by 51650.

Bank Nifty Hourly Happened Chart as on 16th October 2024

Happened –In our  report we mentioned about possible short covering and Bank Nifty moved precisely as expected and prices showed sharp pullback on the upside Bank Nifty moved as we anticipated. We successfully captured a movement of 800 points on the upside and achieved both the given targets on the same day.

Want to know more about Bank Nifty research report? Subscribe to our Agni Financial Strategy Research Report and get a list of stocks with high growth potential.

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. Read more

Is it Possible to identify early reversals using 54 period Time cycles?

It is fascinating to see how accurately Time cycles can predict early reversals on the Bank Nifty Index, in the same way as stocks. 

Is it possible to Time the Index? Can we use methods to predict when Index prices will reverse with the exact date and time? 

Look at the below chart of Bank Nifty with time cycle applied on Daily frame chart that was anticipated on 22nd August 2024 in our Monthly report

Bank Nifty 54 Days Time cycle anticipated as on 22nd August 2024

Anticipated as on 22nd August 2024

In the month of July, Bank Nifty was down by 1.51%. Top draggers of bank nifty included Axis bank losing -7.84% and IndusInd Bank losing -2.51%, weighing down the overall index.

On the weekly chart, we can see that the index is at crucial juncture and prices have are now at the upper trendline that has been halting the majority of the up move. However, over short term the prices are near the strong breakout level and also at 54 days cycle low.

54 Days Time cycle - On the daily chart, we can see that 54 days Time cycle has been forming lows on most of the occasions. The recent fall also was arrested near this time cycle level. Over short term, breakout above the Gap area of 51200 can resume the upside move to 53500 levels which is the lifetime highs.

In a nutshell, break above 51200 will resume positive trend in Bank Nifty to 52800 followed by 53500 levels. On downside 49600 is crucial support and any breach below this is must to open bearish possibilities. However, over short term the wave counts and Time cycles are pointing towards positive possibility as a higher probable scenario.

Bank Nifty 54 Days Time cycle happened as on 14th October 2024Time cycle works well to catch early reversals even on Index. For Bank Nifty54 Days Time Cycle works extremely well on daily time frame. As expected, we successfully captured reversal in Bank Nifty. Prices made low exactly near our cycle in the first week of August and we anticipated upside reversal above 51200 levels. Index broke 51200 levels and we witnessed rally of more than 3200 points which is more than 6% and made a life time high near 54467 levels.

Time trading needs to be combined with Price action as well for precise entry. It is also possible to derive price target using Time concept.

Next date and time to track is on 18th October 2024. Around this time one can see the pattern and price action and if favorable can pull the trigger to capture another move in Bank Nifty.

In nutshell, by combining this science of Time trading one need not worry about missing out the trend as if time is in favour, then one can predict moves well in advance.

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

NEOGEN Bang On- Two powerful indicators you cannot miss!

When one combines basic price patterns and price indicators, it can lead to interesting results! See for yourself how we were able to capture such a significant move in Neogen. Take a look at how we chose Neogen, a momentum stock that has rallied by more than 14% in a single day from the lows. 

We published Neogen in "Vayu Momentum report" on 20th September 2024 which our subscribers receive pre-market every day. Check out below the detailed research report that we published. 

NEOGEN Daily chart Anticipated as on 20th September 2024.
Analysis as on 20th September 2024

NEOGEN showed a sharp rally in the previous session of more than 15.45% in a single trading day! The stock is moving in a rectangular range over the last few days indicating accumulation in the stock. A weekly close above 1930 will confirm the breakout of the said pattern. MACD is above 0 and the MACD line crossed above the MACD signal line which indicates that bullish momentum has increased in this stock and may continue in the coming session.

Key Resistance: 2370

Key Support: 2050

Strategy: Use dips towards 2140-2160 as a buying opportunity for a move towards 2350-2370 levels as long as 2050 holds on the downside.

NEOGEN Daily Happened Chart as on 10th October 2024
H
appened. The stock moved as we had anticipated. Neogen gave a breakout out of a consolidation with huge volume which was a bullish sign. After a dip, prices moved as expected and witnessed a sharp rise, gaining more than 14% and achieved both targets on the same day itself.

Want to know more about such stocks like Neogen is on the mark! subscribe to our Vayu Momentum Research Report: 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 

Bank Nifty Targets using Neo wave and Bollinger Bands

Elliott wave is the GPS of the market that helps to understand the overall maturity of the trend. Banknifty has been moving precisely as per neo wave count. Checkout this example of how we applied Bollinger Bands and Neo wave to identify this rise. Following research is picked up from daily Agni Bank Nifty report Bank Nifty Daily Anticipated as on 9th October 2024

Bank Nifty Hourly Anticipated as on 9th October 2024
Wave analysis anticipate as on 9th October 2024

Bank Nifty showed sharp decline post completion of wave (c) at the highs of 54467. We can see that entire wave (c) is retraced back in faster time as the starting point of wave c is broken in faster time that it took to form. We can see the break has happened much before 18th October 2024 that confirms that the overall uptrend is in danger and we might have entered into sell on rise market from medium term perspective.

Over short term, we can expect pullback from oversold condition but that is not necessary. Support on downside is near 50800 and breach below the same will be bearish for move to 50200 or lower. On upside break above 51300 will indicate completion of wave a at the lows and start of wave c on upside which can retrace a part of the fall.

In a nutshell, Bank Nifty is at crucial juncture. The medium-term trend looks to have reversed on downside whereas over short-term minor pullback is possible as long as 50800 remains intact on hourly closing basis. Break above 51300 to result into retracement to 51900 levels. Movement can start 15 to 20 minutes post RBI policy announcement.

Trading strategy (Spot): Short positions can be created below 50800 with 51000 as stoploss and target of 50450(One can book part profit near 50600-50650 and trail stoploss to cost). Long positions can be created above 51300 with stoploss of 51100 and target of 51500 levels.

Bank Nifty happened as on 9th October 2024
Happened: In today’s report we mentioned about possible short covering and Bank Nifty moved precisely as expected and prices showed sharp pullback on the upside after RBI kept repo rate unchanged at 6.50%. Bank Nifty breached important resistance of 51300 and achieved our target of 51500 and made high of 51707. 

AGNI (Index trading research and advisory) – Get access to index trading strategy along with Nifty levels on daily basis with research reports, options calls and strategy along with trading course that too under exclusive offer open only for limited time – Know more

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