NIFTY Bang On: Power of Neo wave and Gann Level

 We derived a path for Nifty and posted it on our Twitter handle since two few weeks. Below is the chart which shows a detailed analysis of Nifty which we posted earlier.

Gann Square of 9 is the simplest way to identify Price action support and resistance area.

Neo wave acts like the GPS of the market and helps to derive possible paths ahead. We have turned super bearish below Gann levels of 24103 and from there the journey has been just one-sided.

Nifty Daily Chart: Anticipated on Twitter as on 13^th January 2025
Anticipated as on Twitter as on 15^th January 2025-

#Nifty on 15 mins close below 23130 can result into down move to 23040 or lower levels, break above 23270 is must for positive move to 23350. Trade on break of the range, negative hourly candle will open target for Gann 22877.

Anticipated as on Twitter as on 24^th January 2025-

#Nifty is moving in wave (e) which might be in its final completion stage, we might from a triangle pattern within the range. Faster retracement above 23350 will be classic reversal confirmation, 22970 remains immediate support, below this Gann 22877 is crucial.

Nifty hourly chart: Happened as on 27^th January 2025
Happened- Nifty moved precisely as expected. We anticipated target of wave (e) and head and shoulder target as well as Gann target which was near 22877 levels.

After breaching important support of 23130, Nifty showed fall of more than 300 points. In the today’s session, Nifty finally achieved Gann target of 22877 which we have been mentioning in our social handles as well as in our daily Nifty Agni reports. We predicted this entire fall and successfully captured this move using pure Neo wave and Gann square of 9.

In a nutshell, the current trend for Nifty is on the negative side. As all of the indicators are oversold, a possibility of a pullback cannot be ruled out. One can use sell on rise strategy as long as 23020 remains protected on the upside on closing basis.

Neo wave can give exact direction and target. Strategies can be built keeping by combining Neo wave with Gann along with price action. Neo wave works like wonder even on the smaller time frame like 1 hour as depicted above.

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 here

Trishul Membership – Options Trading with Elliott wave, Neo wave, Ichimoku cloud, and sacred science of trading & forecasting is covered in the Trishul membership program scheduled on 22^nd – 23^rd February, Fill the form to know more, Register here

Tata Consumer Products path ahead using 2 powerful indicators

 Elliott wave helps to understand the overall maturity of the trend. If we combine it with Keltner channel and simple price action then it can lead to powerful results.

Keltner channel – This indicator is different than that of Bollinger Bands®. Bollinger Bands uses standard deviation to the mean whereas the Keltner channel is derived using Average True Range (ATR). Both of the indicators have different ways of application.

See below in detail how to use these powerful indicators to derive path ahead for Tata Consumer Products.

TATACONSUM Daily chart with Keltner channel and Elliott wave
In the previous session, Tata Consumer Products showed a good rise and closed on a positive note with a gain of 0.86%. Stock looks to have formed inverse Head & Shoulders pattern on the daily chart which is visible on the above daily chart. Target 1 as per shoulder comes near 1060 levels.

On the daily chart, we have used the Keltner channel. Keltner Channel is volatility-based indicator. Currently, on the above chart we can see that prices are about to give a breakout of the Keltner channel which can result into good momentum in this stock.

As per wave perspective, primary wave (2) looks to have completed on the downside. For confirmation further follow up action is required. Further rise will be in form Wave (3) which is considered as a powerful one to be part of!

In nutshell, good momentum is expected to buildup on the upside In Tata Consumer Products once it breaches above 1005 with the targets of 1060 followed by 1100 levels. On the downside 958 is the crucial support.

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 here

Trishul Membership – Options Trading with Elliott wave, Neo wave, Ichimoku cloud, and sacred science of trading & forecasting is covered in the Trishul membership program scheduled on 22^nd – 23^rd February, Fill the form to know more, Register here

Gold: Bang on, what is next?

 Gold continued to move in strong uptrend. Gold is following classis Elliott wave theory. Elliott wave helps us to navigate the trend of the market. See below how it has helped to derive path for Gold.

Look at below the charts and detailed research on MCX Gold taken from our– “The Vayu Gold short term update” which was published on 21^st January 2025

MCX Gold Daily chart Anticipated as on 21^st January 2025
MCX Gold hourly chart Anticipated as on 21^st January 2025
Analysis anticipated as on 21^st January 2025

Since past 2 sessions, Gold is witnessing profit booking after sharp rise in the previous week. Currently prices are retesting trendline. A reversal on the upside is expected once it breaches 79050 followed by 79300 levels. Unless this happens, profit booking is expected to continue.

On the hourly chart, prices are trading in between Ichimoku Cloud suggesting rangebound action or consolidation. For now, a break above 79050 can result into breakout of the Ichimoku cloud which can trigger fresh buying in this asset.

In nutshell, Gold is at crucial juncture. Next few days price action will confirm the next course of action. A break above 79050 is must for fresh buying to emerge. Whereas a break below 78700 can continue profit booking with the targets of 78430 levels.

Key resistance: 79300

Key support: 78430

Strategy: Long positions can be created above 79050 with the targets of 79180 followed by 79300 and stoploss of 78900. Short positions can be created below 78700 with the targets of 78550 followed by 78430 and stoploss of 78870.

MCX Gold Hourly chart Happened as on 23^rd January 2025
Happened: Gold is moving precisely as expected. Prices breached above 79050 and showed a classic rise of more than 500 points in just two trading sessions. Prices achieved both the targets mentioned above and made high of 79636 in the previous session. This entire rise we were able to capture using simple Elliott wave and price indicators.

For now, the trend for Gold remains positive. A break above 79650 is a must for bullish momentum to continue. On the downside 79150 is the nearest support to watch out for!

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 here

Trishul Membership – Options Trading with Elliott wave, Neo wave, Ichimoku cloud, and sacred science of trading & forecasting is covered in the Trishul membership program scheduled on 22^nd – 23^rd February, Fill the form to know more, Register here

Bank Nifty: Bang on!! with Neo wave with Price action.

 Neo wave along with price action helps to form powerful setups with good accuracy. We anticipated a rise in Bank Nifty. The index moved precisely as expected!

Neo wave is the GPS of the market that helps to understand the overall maturity of the trend. Neo wave is a method that is used to identify price pattern and predict market movements. Bank Nifty has been moving precisely as per neo-wave counts. Check out this example of how we applied Bollinger Bands and Neo wave to identify this rise of more than 650 points and made a high of 49374 levels.

Bank Nifty moved as anticipated and Bang on!! We achieved both our targets in one trading session.  Following research is picked up from the daily Agni Bank Nifty report

Bank Nifty Daily Chart: Anticipated as on 20^th January 2025
Bank Nifty Hourly Chart: Anticipated as on 20^th January, 2025
Wave Analysis as on 20^th December 2025:

In the previous week, Bank Nifty witnessed a pullback of more than 1500 points after a steep fall witnessed in the Index. In Friday’s session, the Index failed to extend its gains and witnessed a gap-down opening majorly due to disappointing results announced of Axis Bank, which was against market sentiments. The index witnessed selling in the initial hours. Thereafter, failed to show any significant movement and moved in a tight range of 48300 to 48700 levels throughout the session. At the end, the Index closed with a loss of -1.50% at 48540 levels.

As per the wave perspective, primary wave c(blue) is ongoing on the downside which is further subdividing in nature. Wherein, the recent pullback was in the form of wave d and now the fall is in form of wave e of a diametric pattern.

In a nutshell, Bank Nifty is at deciding point. A break below 48300 levels can further intensify selling towards 48100 followed by 47900 levels. On the upside 49100 levels is the nearest hurdle.

Trade Strategy(spot)-. Long positions can be created above 48700 with the stoploss of 48500 and target of 48900 followed by 49100.

Trade set up for Futures – Futures positions can be initiated as per spot levels given above.

Trade strategy for options – Buy Bank Nifty 30th January 48600PE If Bank Nifty breaks above 48300 levels.

Bank Nifty 15 Mins chart: Happened as on 20^th January 2025
Happened- As we were expecting short-covering on the Index and Bank Nifty moved precisely as expected prices showed a sharp pullback on the upside and Bank Nifty moved as we anticipated and BANG ONN!! It successfully captured a move of more than 650 points and achieved both our targets and made a high of 49374 level.

It is fascinating to notice how Neo wave works well on stocks as well as on indices. One can easily derive the path ahead by combining it with simple indicators which can lead to surprising results!! 

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 here

MINDACORP- A Momentum Stock that Rallied more than 7% in 2 days!

 When combining basic price patterns with technical indicators like MACD (Moving Average Convergence Divergence), one can effectively capture significant movements in stocks. See how we chose Mindacorp, which has increased by over 7% in just 2 trading sessions

We published the following research on Minda Corporation Ltd on 15^th January 2025 in the “Vayu Momentum Report” which our subscribers receive pre-market every day.

MINDACORP Daily chart Anticipated as on 15^th January 2025
Wave Analysis as on 15^th January 2025:

In the previous session, Minda Corporation closed on a positive note with a gain of more than 6%. The stock is trading within a rectangular range since October 2024 which suggests accumulation in the stock. Currently, the stock is trading near resistance i.e. near 552 levels. A break above 552 can suggest breakout of the said pattern which can result into fresh rise in this stock. Also, MACD has recently given a bullish crossover and is trading above the zero-line suggesting likelihood of a continued uptrend.

Key Resistance – 600

Key Support – 530

Trading Strategy – Long positions can be created above 552 levels with the stoploss of 530 and target of 575 followed by 600 levels.

MINDACORP Hourly chart Happened as on 16^th January 2025
Happened: The stock moved as expected. Mindacorp showed a rise of more than 7% despite major indices falling and achieved our first target of 575 levels and made a high of 591 levels which is near our 2^nd target.

It is fascinating to see how accurately combining basic indicators along with price action can help to predict price targets with accuracy.

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

EXIDE Industries with Fibonacci Retracement and Elliott Wave.

 When combining basic price action and Elliott Wave with technical tools like Fibonacci retracement, it can lead to remarkable results in trading. See how we captured a significant fall in Exide Industries Ltd with the help of Fibonacci retracement and Elliott wave. Elliott wave helps to understand the overall maturity of the trend and if the rise is sustainable or not. Check out how the stock achieved both our Targets

We published the following research on Exide Industries Ltd on 10^th January 2025 in the “Vayu Momentum Report” which our subscribers receive pre-market every day.

Exide Industries Ltd Daily Chart Anticipated as on 10^th January 2025
Wave Analysis as on 10^th January 2025 -

On the daily chart, Exide Industries continued to move down in the form of lower high and lower low structure. Prices retested trendline and moved down from it which is a negative sign. Along with this, Since 6th January, prices have protected its prior day’s high which keeps the daily bias in favor of the bears.

We can see that prices have retraced more than 61.8% of the prior rise and now a journey towards 360 levels is expected which is 78.6% retracement prior raise. As per wave perspective currently primary wave (2) is ongoing on the downside which is subdividing. Wherein currently wave e is ongoing on the downside which opens possibility of a Diametric pattern.

In a nutshell, the current trend for Exide Industries is on the negative side. Sell on rise will be a prudent strategy which can drag the prices lower towards 385-380 levels or lower. On the upside 415 is the nearest hurdle to look out for!

Trade Setup for Positional Futures – Short positions can be created if stock moves towards 403 and breaks below 398 with stoploss 404.5 and target of 390 levels (One can book part tp near 393-395 levels and trail stoploss to cost.)

Exide Industries Ltd Hourly Chart Happened as on 15^th January 2025
Happened as on 15^th January 2025: As we were bearish on Exide Industries, the stock moved as expected and lost more than -7%, and BANG ON!! The stock achieved both our targets in the cash segment in Intraday and in futures and made a low of 365.05 levels. We were able to capture this entire fall with the help of Fibonacci retracement combined with the Elliott wave.

Fibonacci retracement is a technical analysis tool that can help traders and investors identify potential support and resistance levels for an asset.

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

Nifty Fall Predicted with the help of Neo wave and Price Action.

 Neo wave helps to understand the overall maturity of trend and provides the probable path prices can follow. It is important to combine the application of wave theory along with price action for the clear trade setup and to stay objective.

Nifty Hourly Chart with Neo wave as on 14^th January 2025
Nifty Hourly Chart with Open Interest Data as on 14th January 2025
Nifty has been consolidating post sharp selloff seen over past few days. Prices since many days has still not closed above prior day's high keeping the overall tone sell on rise.

Open interest profile - This is an important indicator that shows big players activity. We can see sharp rise near 23200 calls and put OI. This is suggesting short straddle in play and market can possibly move in a broad range before starting to trend again.

Options data is crucial for even stock traders. We can see that if prices sustains below 23000 levels then there can be panic like situation and put sellers might have to cover their short positions. On upside 23500 is major hurdle.

Nifty Neo wave chart suggests prices are moving down in wave (e) of Diametric pattern within the channel. The break above the channel will suggest wave (f) pullback before wave (g) resumes lower.

In a nutshell, Options data is showing sideways action possible over next two days as long as 23040 - 23420 levels remains intact. By combining Options data with Neo wave forecasting powerful trade setup can be created.

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 here

How to catch Momentum using ADX and Rounding Bottom formation!

 It is possible to capture big moves in stock using price patterns along with simple indicators like the ADX (Average Directional Index).

We combined a simple price pattern with a price indicator on MAZDA LTD and captured a move of more than 8% in one trading session. It's impressive how combining these simple indicators with price patterns can pinpoint momentum stocks for short-term trades, leading to substantial returns.

We published the following research on Mazda Ltd 08^th January 2025 in the “Vayu Momentum Report” which our subscribers receive pre-market every day.

MAZDA LTD Daily chart Anticipated as on 08^th January 2025 
Wave Analysis Anticipated as on 08^th January, 2025:

MAZDA showed sharp rally in the previous session of more than 12% in a single trading day! The stock has formed a rounding bottom pattern. Price has closed above 1650 which confirms breakout of the said pattern. On the daily chart, ADX is suggesting strong momentum can continue in this stock as it is showing readings of 47.59 which is above 25. For now, one should use buy on dips approach to ride the trend.

Key Resistance: 1870

Key Support: 1650

Strategy: Use dips towards 1710-1730 as a buying opportunity for a move towards 1850-1870 levels as long as 1650 holds on the downside.

MAZDA LTD Daily chart Happened as on 09^th January 2025
Happened: The stock moved as expected. MAZDA gave a breakout of the Rounding Bottom despite major indices falling which is a bullish sign. After a dip, the stock showed a rise of more than 8% and achieved both our given targets in just 1 trading session and made a high of 1892 levels.

It is fascinating to see how accurately combining basic indicators along with price action can help to predict price targets with higher accuracy.

Want to know more about such stocks MAZDA 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 here

Bank Nifty’s fall Predicted with the help of Neo Wave and Price action!

 Neo wave is the GPS of the market that helps to understand the overall maturity of the trend. Neo wave is a method that is used to identify price pattern and predict market movements. Bank Nifty has been moving precisely as per neo wave counts. Check out this example of how we applied Bollinger Bands® and Neo wave to identify this fall of more than 400 points in Bank Nifty much early before it started.

Bank Nifty moved as anticipated and Bang on!! We achieved both our targets in one trading session. The following research is picked up from the daily “Agni Bank Nifty report”.

Bank Nifty Daily Chart Anticipated as on 08^th January 2025
Bank Nifty Hourly Chart: Anticipated as on 08th January, 2025
Wave Analysis anticipated as on 08^th January 2025:

Bank nifty failed to sustain above Gann level of 51416 and has shown fall of more than 1900 points from there in just two trading sessions due to worries over Q3 earnings and emerging HMPV infection concerns. In the previous session, Index witnessed relief rise but still protected previous day's high on closing basis which keeps overall tone on the negative side.

Currently, prices are retesting channel after giving a breakdown of it in the previous session. On the daily chart, Bank Nifty looks to be forming topping Head and Shoulder pattern. A break below 49660 can confirm break of the pattern which can result into further more correction in Index. It will be too soon to conclude as of now so taking one step at a time. For now, a break below 49960 is needed for selling to resume. While on the upside 50500 is the nearest resistance. A break above 50500 can result into deeper pullbacks. As per wave perspective, wave e still ongoing on the downside in form of Diametric pattern.

In nutshell, overall trend for Bank Nifty remains on the downside. A break below 49960 is must for fresh selling to emerge with the targets of 49660 followed by 49460. On the upside 50500 is the key Resistance to watch out for!

Trading Strategy for Bank Nifty (Spot): Short positions can be created below 49960 with the targets of 49660 followed by 49460 and stoploss of 50230 levels.

Trade set up for Futures – Futures positions can be initiated as per spot levels given above.

Trade set up for Options buying: Buy Bank Nifty 30th January 50300 PE if Bank Nifty breaks below 49960 levels.

Bank Nifty 15 Mins chart Happened as on 08^th January 2025
Happened: As we were bearish on Bank Nifty, the index moved as expected and lost more than 400 points in the matter of 1 trading day and Bang On!! Bank Nifty achieved both our given targets and made a low of 49544 levels in today’s session. We were able to capture this entire fall with the help of Neo wave and simple Price action.

Neo wave works well on stocks as well as on indices. One can easily derive the path ahead by combining it with simple indicators which can lead to surprising results!! 

For now, one should avoid catching lows and should use sell on rise approach to ride the trend. On the upside 50250 is the nearest resistance to watch out!

AGNI (index) Research – Get access to daily research reports and advisory calls on Nifty, Bank Nifty, and Finnifty along with charts, and options strategy, Know more

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 here

How DEVYANI Achieved a 18% Rally – Price Patterns & ADX Insights

 When combining basic price patterns with technical indicators like ADX, it can lead to remarkable results in trading. See how we captured a significant move in Devyani International Ltd stock by applying the ADX momentum strategy. Check out how the stock rallied by more than 18% after our prediction.

We published the following research on Devyani International Ltd on 27^th December 2024 in the “Vayu Momentum Report” which our subscribers receive pre-market every day.

DEVYANI Daily chart Anticipated as on 27^th December 2024
Devyani International Ltd. closed on a positive note with a gain of 1.83%. The stock is moving in a rectangular range over the last few days indicating accumulation in the stock. A daily close above 184 will confirm breakout of the said pattern. On the daily chart, ADX is suggesting strong momentum can continue in this stock as it is showing readings of 26.61 which is above 25. For now, one should use buy on dips approach to ride the trend.

Key Resistance: 200

Key Support: 176

Strategy: A break above 184 can lift price higher towards 191 followed by 200 levels as long as 176 holds on the downside.

DEVYANI Daily chart Happened as on 06^th January 2025
Happened: The stock moved as expected. DEVYANI showed a rise of more than 18% despite major indices falling and achieved both our given targets in just 7 trading sessions and made a high of 203.40 levels. We successfully captured this entire rise by simple price action and ADX.

It is fascinating to see how accurately combining basic indicators along with price action can help to predict price targets with accuracy.

Want to know more about such stocks DEVYANI 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 here