Stock tips and trades to win CNBC TV18 Bull’s Eye trade show

Below is the Intraday stock tips that helped me to win CNBC TV18 Bull’s Eye stock trading show that too with a commendable margin.

Nifty touching new life time high in past week but not all stocks participated. This resulted into other contestants on negative side even when they were long on stocks throughout the week. Stock selection is very important and we managed to gain 6.14% that too in a week itself.

Nifty move from 22^nd Jan to 25^th Jan: The markets are touching unchartered territory everyday and the investors / traders are overly bullish so it is important to stay in the direction of the trend which is up. Keeping this in mind, I’ve preferred to give stocks on the buy side throughout the week. We ended on the winning side on the CNBC Trade show as the stocks were selected based on their strong outperformance and previous day’s close. How? Let us have look on what were the strategies followed to maintain our consistency to manage 6.14% returns in a week on the amount of Rs. 400000

The most important thing that I personally follow is to understand the direction of major index before stock selection on each day. This helped me to gauge out of 4 stocks to pick daily, how many we need to have on the buy or sell side. Since the trend for Nifty was positive throughout the week I refrained from giving any short calls.

Notional amount of 400,000 was given that has to be spread across 4 different stocks on daily basis.

22^nd January 2018 trades: Stock tips – Buy Almbic Ltd, Biocon, Godrej Consumer products, Jubilant food.

Alembic Ltd, Biocon and Godrej CP were all up by more than 8% in single day. This was the major driver in single day. The stocks were selected based on their impulsive nature. Alembic was on verge of starting wave v on upside and we have seen strong rise during the start of the waves in this stock. On the other hand Biocon was already in 5^th wave and subdividing. We also covered this stock in our daily Equity research reports which clearly showed that Biocon has broken above important resistance and should give a vertical rise which indeed happen.

23^rd January trades:  Stock tips – Buy Godrej Properties, Delta Corp, NIITech, Biocon.

Nifty had a strong positive closing in previous session and thus we maintained our strategy to keep all 4 stocks in buy On second day once again I selected Delta Corp because it started the 3^rd wave over short term breakout.  IT stocks started showing strong outperformance and so we selected NIIT Tech as it started the 3^rd wave. If you look at the stock even now it has been on an exponential rise. This clearly suggests that the cycle have turned for Tech or IT stocks and so we preferred keeping atleast one such stock in the portfolio.

24^th January trades: Stock tips – Buy GHCL, M&MFin, Havels, Mindtree.

As mentioned above since IT stocks gave a strong breakout we picked up Mindtree which was giving a positive breakout, GHCL was preferred as it formed a big daily candle and bounced back from short term channel support.

25^th January trades: Stock tips – Buy KPIT, Lupin, Godrej Consumer products, GHCL.

Nifty showed some pause on 24^th Jan and so we thought of playing it safe. This was the reason we selected Lupin from Pharma and Godrej Consumer from FMCG space. Midcap and Smallcap indices showed a pause and so we picked one index stock to act as a stabilizer.

Overall, I managed to go long on IT, Pharma and outperforming stocks on most of the occasions which helped me close positive for the entire week by 6.14% when the other contestants closed in red.

The above strategy clearly highlights the fact that knowing the internal Elliott wave pattern of individual stocks along with Nifty direction is extremely important. It is not necessary that you will make money by simply being long on any stocks in the current market. Stock selection based on Moving averages, Channels, Elliott wave and much more is required.

Learn the detailed process of Stock selection, Portfolio creation, Intraday trade setups using above methods. The above is a proof of how brilliantly the techniques work. I will be discussing in detail all of these methods – how to buy in morning and sell in evening to how to create portfolio of stocks for investments. More details about the upcoming training click here

Power of Hurst’s Time cycles along with Advanced Elliott – Neo wave and Fibonacci ratios!

Indian equity markets touched new life time highs after another surprise rate cut by RBI by 25 bps today morning. 

This step was sufficient to take Nifty above 9100 mark and Sensex above 30000 levels even though momentarily. Also this move has created enough positive euphoria although the participation is limited to few large caps. During such scenario it becomes all the more important to rely on advanced concepts of Technical analysis like Advanced Elliott wave – Neo wave along with Time cycles, Channels and Fibonacci ratios.

Is it time for fresh Investments or enter long positions now based on news or event or is the trend in matured stage? We use Advanced concepts of Elliott wave – Neo wave to understand the maturity of trend and stay objective at times when crowd is on other side! See below chart of Nifty along with Terminal pattern .

Hurst 54 days Time cycles

Nifty 60 mins chart: Neo wave Terminal pattern

Neo wave analysis & Time cycles:

Time cycles:Hurst suggested a few standardized Time cycles that across the asset classes tend to follow. These standard cycles are known as nominal cycle. 55 days is one of the Nominal cycle Hurst defined. It is really amazing to see how well this cycle is followed by Nifty. 54 days is close to the Nominal cycle and has been responsible for forming important lows. Also we can note that the tops are formed approximately 15 to 20 daysprior to the lows. Nifty has now entered into this topping zone as per the daily chart shown above. However, there is no price confirmation as of now and now knowing the Time cycle help we understand the Neo wave pattern which is explained below.

Neo wave Terminal pattern: is a part of impulse pattern where each of the legs is in corrective fashion where wave iv will overlap with wave ii (variation to basic Elliott wave where overlap with wave i is required). Also the momentum will be slow and on reversal confirmation the entire pattern is retraced in half or 1/4^th of the time wave c took to form. This is a very strong post pattern implication. So the Time cycles and Neo wave counts are getting synchronized again after many weeks. We beg to differ from the majority and not buying in story of next strong uptrend is resuming. Not because we are biased but our advanced concepts shown above suggests otherwise.

To know the which are the crucial level one should keep an eye for confirmation of reversal you can subscribe to “The Financial Waves short term update”. Trust me such alignment do not happen very often but when it does it is worth to PAY ATTENTION!

Attend the 2 days training workshop that will provide in-depth analysis on Advanced concepts of Elliott wave –Neo wave and how it can be combined with Time cycles. This is one of the most advanced training in technical analysis. It focuses not only on Price but also on Time which is an important element for any trader or investor. There are no shortcuts to Trade or Invest profitably. It comes with lot of research, psychology, objectivity, tested methods. The above study ensures increasing the probability of success while trading and also highlights the area when one should be patient and avoid taking positions. Making money is one thing but to preserve what is made is the Key to trading success!!!

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