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 28^th October 2024. 

Analysis as on 28^th 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 29^th 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 28^th 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 25^th October 2024 which our subscribers receive pre-market. Check out below the detailed research report that we published.

Hero MotoCorp Daily chart anticipated on 25^th October 2024

Wave analysis as on 25^th 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 31^st 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 25^th 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 

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 11^th September 2024

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

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

Happened as on 23^rd 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 19^th October 2024 in our Weekly webinar
PILANIINVS Daily chart Happened as on 22^nd 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