COFORGE Bang On!! Two Powerful indicators you cannot miss!

 Simple Elliott wave and Bollinger Bands creates wonders if one combines it together! See for yourself how we were able to capture such a significant move in Coforge, take a look at how we chose Coforge, a momentum stock that has rallied by more than 5% in just 3 trading sessions.

We published Coforge in "Vayu Momentum report" on 22^nd November 2024 which our subscribers receive pre-market every day. Check out below the detailed research report that we published.

COFORGE Daily chart anticipated as on 22^nd November 2024
Wave analysis anticipated as on 22^nd November 2024.

Since the past 2 trading sessions, Coforge has not given a close below its previous day’s low and made a fresh high of 8239 levels despite major indices falling which reflects that the daily bias in in Favor of the bulls. Currently, prices are trading near the upper end of the Bollinger bands®, follow-up buying can further intensify buying pressure. Also, RSI is trading at 71 levels giving prices the space to trend further. As per the wave perspective, wave(iii) of wave (3) is ongoing on the upside.

In a nutshell, the trend for Coforge is bullish. A break above 8240 levels is must for bullish momentum to continue.

Trade Setup for Intraday Futures – Long positions can be created above 8250 levels with the target of 8300 followed by 8350 with the stoploss of 8200 levels.

Trade Setup for Positional Futures – Long positions can be created above 8250 level with the stoploss of 8155 levels and target of 8450 levels. (One can book part profit near 8320-8350 levels and can trail stoploss to cost.

Trade Setup for Options – COFORGE 8000CE Buy above 290 levels with the stoploss of 245 levels with the target of 380 levels. (One can book part profit near 330-335 levels and can trail stoploss to cost.)

COFORGE Happened as on 27^th November 2024.

Happened – After recommending the stock, Coforge moved exactly as anticipated and achieved both our given targets in Futures and Options as well. It is fascinating to see how accurately combing basic indicators along with advanced wave techniques can help to predict price targets with accuracy! Coforge achieved our given targets and surged more than 5% in just 3 trading sessions.

Want to know more about such stocks COFORGE is on the mark! subscribe to our Vayu Short-Term Update: Get a list of stocks with high growth potential: Check Here

Nifty bang on!! 55 days Time Cycle cannot be more accurate!

 It is fascinating to see how accurately Time cycles can predict early reversals on Nifty, in the same way as stocks. Look, how we were able to predict a fall in Nifty with the help of simple chart pattern. Nifty moved as anticipated and Bang on!! We achieved our given target of 23300 on the downside and prices reversed from the Time cycle precisely!

See the below charts which our picked up from our previous weekly webinars in which we derived Nifty path.

Nifty Daily Anticipated as on 12^th October, 2024 in our weekly webinar
Nifty Hourly Anticipated as on 26^th October, 2024 in our weekly webinar
Nifty Happened as on 25^th November 2024
 Nifty Happened as on 25^th November 2024
Nifty was trading near 24200 levels on 12^th October which can be seen on the 1^st chart. We also mentioned a fall towards 23300 which can be seen on the 2^nd chart, which was the final target of the head and shoulder pattern.

Nifty achieved H&S target of 23300 and made a low of 23260 on 21st November 2024. Prices reversed from it precisely and in today’ session made a high of 24351. This entire move on the downside and the pullback was anticipated way before fall started in our past Weekly webinars.

Prices are behaving precisely as per the pattern and Time Cycle despite of the event – US Election outcome and Adani Scandal news. 

As of now we can expect short term pullback towards 24500 levels. On the downside 23900 is the nearest support to watch out!

Brahmastra on Timing the market (Mentorship) – Learn the science of trading using the science of Time along with Elliott wave, Neo wave, Options strategy and stock selection algos over 3 months of Mentorship, risk management, money management and Live trading sessions, Know more here

Gautam Adani Faces U.S. Indictment in Bribery Scandal

 Indian billionaire Gautam Adani and seven other executives have been indicted in New York by U.S. prosecutors for their alleged involvement in a massive $250 million bribery scheme aimed at securing contracts worth billions in India. The charges encompass multiple counts of fraud and bribery, with arrest warrants issued for Adani and his nephew, Sagar Adani. These legal actions also reflect on international business practices, particularly concerning the enforcement of anti-corruption laws across borders.

#ADANIENT has started wave (C) of Flat corrective pattern on downside, as long as Gap area of 2850 is protected expecting an impulse down, this can drag banking stocks also eventually! If wave (C) is not truncated we can expect it to reach the lows of wave (A) which is near 1085 levels. Next few days will be important for Adani group stocks which will further confirm if overall sentiment is improving or getting worse post the verdict by US Court Interesting juncture for Indian equity markets!

Brahmastra on Timing the market (Mentorship) – Learn the science of trading using the science of Time along with Elliott wave, Neo wave, Options strategy and stock selection algos over 3 months of Mentorship, risk management, money management and Live trading sessions, Know more here

Bank Nifty Targets using Neo wave and Ichimoku Cloud

 Neo wave is the GPS of the market that helps to understand the overall maturity of the trend. Bank nifty has been moving precisely as per neo wave count. Checkout this example of how we applied Ichimoku Cloud and Neo wave to identify this fall. Bank nifty moved as anticipated and Bang on!! We achieved both our targets in one trading session.  Following research is picked up from daily Agni Bank Nifty report

Bank Nifty Hourly Anticipated as on 21st November, 2024
Wave Analysis Anticipated as on 21st November 2024:

Bank Nifty saw a sharp move on upside on 19th November but prices gave away all the gains in the final hour of trading forming a big shadow on upside and small body candle. This shows rejection from higher levels and break back below the low of prior trading day near 50400 will be bearish. On upside crossing 51000 is must which also has high calls open interest build-up. 

On the daily chart, since past 3 days, Bank Nifty is forming neutral candles consecutively suggesting indecisiveness. Breach below 50400 will resume down move in this index towards 50100 or lower levels. On the other hand, a break above 51000 can result into short term pullbacks. 

On the hourly chart, as per wave perspective, internal wave e(red) looks to have started to unfold on the downside in form of Diametric pattern. For confirmation, decisive break below 50400 is needed.

In a nutshell, below 50400 will turn price action bearish for Bank Nifty for move to 50100 or lower levels. On the daily chart, since past 3 days, Bank Nifty is forming neutral candles consecutively suggesting indecisiveness. For now, a break below 50400 is must for selling to resume on the downside.

Trading Strategy for futures – Short positions can be created below 50400 with the stoploss of 50750 and targets of 50100 followed by 49900. Long positions can be created above 51000 with the stoploss of 50700 and targets of 51300 followed by 51500 levels.

Bank Nifty Happened as on 21st November 2024
Happened – In today’s report, we were still bearish on Bank Nifty. After breaching 50400 levels, Bank Nifty moved as expected losing more than 600 points and achieved both our given targets in a single trading session. We captured this entire fall with the help of Neo wave with simple indicators.

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 on Timing the market (Mentorship) – Learn the science of trading using the science of Time along with Elliott wave, Neo wave, Options strategy and stock selection algos over 3 months of Mentorship, risk management, money management and Live trading sessions: Know more here

Nifty Elliott wave with Time cycle – Path Ahead!

 Nifty is moving with high volatility and has failed to close above prior day’ high for 8 consecutive days in a row.

During such volatile moves it is best to combine techniques of advanced Elliott wave – Neo wave along with Time cycle and understand the probable path.

Nifty daily chart:
Nifty hourly chart:
Nifty daily chart shows that prices post completing the topping Head & Shoulder pattern moved down sharply and almost achieved the target near 23300 levels.

As per Neo wave the move on downside is in form of Diametric pattern that consists of 7 legs. In this pattern usually

• wave g ~ wave a
• wave f ~ wave b
• wave e ~ wave c

Prices are currently in wave e which looks to be subdividing. The sharp rise on upside on 19^th November with equally fast reversal indicates wave e is not complete and might still continue for few more days.

Even after 8 consecutive days there is no respite by way of closing above prior day’s high indicate inherent weakness in Indian equities market.

Break above 23800 is must for any positive confirmation that wave e is over and wave f on upside has started.

Overall tone for Nifty is still bearish unless we see close above prior day’s high. Low made during the cycle zone period of 55 days at 23350 is crucial. Any breach and close below this will increase the odds that prices have topped out for another 45 days until 22^nd January 2025.

In a nutshell, immediate support is at 23350 and major hurdle near 23780 levels. Below 23350 further downside targets will open in form of ongoing Diametric pattern and will turn daily time cycles on sell side!

Brahmastra on Timing the market (Mentorship) – Learn the science of trading using the science of Time along with Elliott wave, Neo wave, Options strategy and stock selection algos over 3 months of Mentorship, risk management, money management and Live trading sessions, Know more here

Sasken Bang On- Combining Rounding Bottom with Ichimoku Cloud!

 Basic price patterns and price indicators work in unison, leading to interesting results! Our recent analysis on Sasken, affirms this theory and makes one trade more confidently and with certainty! See below our prediction on Sasken, a momentum stock that has rallied by more than 10% in just 2 trading sessions despite major indices falling.

We published Sasken in "Vayu Momentum Report" on 13^th November 2024 which our subscribers receive pre-market every day. Check out below the detailed research report that we published.

Sasken Daily chart Anticipated as on 18^th November 2024.
Wave Analysis:

SASKEN showed sharp rally in the previous session of more than 9% in a single trading day! The stock has formed a rounding bottom pattern. A close above 1950 can confirm breakout of the said pattern. On the daily chart, prices recently bounced back from the base line(red) of the Ichimoku cloud which is a positive signal.

Key Resistance: 2060

Key Support: 1870

Strategy: Use dips towards 1890-1900 as a buying opportunity for a move towards 2000-2060 levels as long as 1850 holds on the downside

Sasken Daily Happened Chart as on 18^th November, 2024. 
Happened – The stock has moved as we anticipated. The stock witnessed a dip and bounced on the upside around the given level of 1890 levels. The stock gained more than 10% and achieved both or targets in just 2 trading sessions, despite market volatility.

Want to know more about such stocks like Sasken 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

Nifty Bang on using Time and FLD!

 Nifty has witnessed a sharp fall since the previous week. It is amazing to see how the advanced tools like FLD gave an indication of this reversal very precisely.

FLD – Future Line of Demarcation is an important Technical analysis tool that helps us to project price targets, support and resistance points and to understand the underlying trend.

Following is the Nifty daily chart showing how the application of FLD helps in determining crucial reversal areas and target points which we derived and published it in our article and in our Agni research report as on 8^th October, 2024.

Nifty Daily chart (As Anticipated as on 8^th October article)
Nifty Daily chart Happened as on 14^th November, 2024
First chart shows the path for Nifty and targets on the downside which is picked up from an article dated 8^th October, 2024 and we have covered it in our previous research report in which we derived targets by using an indicator called FLD (Future Line of Demarcation). As per this, our target was 23600 which was clearly achieved on 13^th November 2024.

We were able to capture this fall of more than 1300 points by using Neo wave and FLD.  It is amazing to see how these advanced methods get aligned together.

Want to know more about Time trading and to trade using FLD, Gann, Lunar cycles, 2 Stage confirmation, and Pring special k, Know more 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 Crashed - resuming trend to Head & Shoulder Targets!

 Nifty crashed – down by more than 300 points again in a single day and resuming down trend.

Head & Shoulder topping pattern along with Neo wave was shown on 24^th October 2024 during a live webinar.

Nifty hourly chart: anticipated on 24^th October 2024
Nifty hourly chart happened as on 13^th November 2024
Elliott wave analysis – Nifty hourly chart shows the formation of the top near 26200 levels completed the entire rise and the fall was sharp and fast in form of wave a.

As per Neo wave two stage confirmation the entire rise got retraced in faster time indicating that the prior up move was complete and the down move has started.

Later on 4^th of November we had 55 Days time cycle which hinted towards the short term bounce back.

Prices after forming a low in form of wave c near 23800 showed upside pullback or retracement back towards 24537 levels which completed wave d of Diametric pattern and broke below the trendline near 23980 levels.

It was below 23980 when we again warned of possible downtrend to resume in form of wave e of Diametric pattern and prices fell by more than 300 points in single day.

The above charts clearly shows how prices are moving in lock step fashion as per the Neo wave whereas Time cycles are helping to identify the area of pullback.

Time cycles have turned negative for another 40 days as long as prices do not close above 24200 levels and target of 23300 is also derived using FLD of Time cycle not just Head & Shoulder pattern.

Is it Possible to identify early reversals using 15 Minutes Time cycle in NIFTY?

 It is fascinating to see how accurately Time cycles can predict early reversals on Nifty, in the same way as stocks. Look, how we were able to predict a reversal and Nifty gained more than 500 points in just 2 trading sessions.

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

Nifty 15 Min Time cycle anticipated as 1^st November
Nifty 15 Min Time cycle Happened as on 11^th November, 2024.

Time cycle works well to catch early reversals even on Index. For, Nifty, 15 Min Time Cycle works extremely well for capturing short-term reversals. As we anticipated, we successfully captured reversal in Nifty, capturing more than 500 points in just 2 trading sessions.

As of 11^th November, the 15-minute time cycle was due at 12:15 PM. A break above 24340 can confirm that price and time are in sync.

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.

Want to know more about Time trading and to trade using FLD, Gann, Lunar cycles, 2 Stage confirmation, and Pring special k, Know more here

Nifty 55 Days Time cycle with Head & Shoulder pattern!

Nifty turned up sharply in anticipation of victory in US Election by Trump.

We can see rally across the crypto currency as well that usually likes Trump being in power.

Now is it just a coincidence that the date of 5^th November 2024 discussed more than a month back for Nifty as per 55 days time cycle happens to be on the day when US Election results are declared?

Yes, it is, but Indian markets corrected sharply until the time cycle day and started rallying again after the cycle turned on upside.

It would have been better to combine the political outlook along with charts and Time cycle to convert that into an actionable outcome.

Let us look at the below Nifty chart with 55 Days time cycle and Elliott wave pattern!

Nifty daily chart:

Nifty hourly chart:

Elliott wave analysis - We have been bearish all the way from 25900 to the lows of 25000 levels and later when 24900 was breached we again turned super bearish. The fall was sharp and violent post that resulting a crash of more than 1000 points lower to 23816. Low formed on 55 days cycle post which we reversed back on upside.

Is it a temporary upside pullback? – Yes, prices are forming Diametric pattern and probably completed wave c at the lows and the rise now is in form of wave d. This can take a few days and push prices back towards Gann levels of 24723 or little higher before we reverse back on downside.

A bigger degree Time cycle helped us to change our stand from bearish to being bullish exactly at the right time which was on 5^th November 2024 just when the upside move started. Prices confirmed by breaking above 24080  and from there we are already 400 points higher.

As a trader it is very important to change stand from bearish to bullish as soon as time and price gets in sync.

In a nutshell, the up move is in form of wave d which will take a few days to complete and can retrace prices to 24723 levels before the down move can again resume.

Head & Shoulder pattern – The bigger H&S pattern target of 23300 still remains intact unless we close back above 25k on upside. Prices are now going to retest the neckline of breakout post which expecting distribution and then the down move to resume.

In a nutshell, both Neo wave and Time cycle acts as a GPS to market and provides clear trading opportunity if only one reads the chart correctly.

Kaal Chakra – Learn the science of timing the market along with future forecasting with exact date, time and hour when prices can reverse in two days of online session on 16^th – 17^th November 2024. Learn sacred science of Hurst’s Time cycles, Price target using Time with FLD indicator, KST, Pring Special K and Gann square of 9. Limited seats only, act now, Link - Register here

Brahmastra on Timing (Mentorship) – Trade with me along with Elliott wave, Neo wave, Time cycles, Risk and money management strategy, momentum and scalping trade setups over the period of 3 months of Brahmastra, with lifelong association & complete handholding. Register here