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past short term calls follow-up/performance***(stocks to watch)

date,stock,reco price,high,% gain at high

***all analysis are based on self chart study only, actual trading gains may vary.
disclaimer:

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    Thursday, March 9, 2017

    nifty strategy for short term


    UP assembly elections are over and exits polls are due to come today evening and results on 11th march 2017. Nifty is rangebound since last few days as such in no trade zone. As such the strategy in f&o could be taking position in the direction of breakout above 8990 or breakdown below 8860. Any such breakout/down then ensures atleast 120-140 points movement or more in that direction.

    Saturday, November 26, 2016

    looks like a bottom is made or will be made near 7850-7900 for short term, may use any dips toward it to buy into the market, resistance exists near 8400-8450.

    time to trade buy into major dips metals gold, silver, platinum with a two three month perspective.

    Tuesday, November 22, 2016

    Monday, November 21, 2016

    nifty now where from here

    last time I said 8300 is a strong support. that was true as long as broad expectations from local and global scenario. but we had two major unexpected and unforeseen negative scenarios developing for the market from second week of November. that is, Trump winning US Presidential elections and demonetization of Rs 500 and Rs 1000 denomination currency here in India, this singularly and together could lead to slowdown in our economy to which market reacted accordingly and broke the support level. bottoming out will take few more weeks and probably levels upto 7650-7950 can act as supports.

    Friday, November 18, 2016

    Tuesday, August 30, 2016

    as per previous post a downside support zone was marked in dotted rectangle and a movement upto 6350 was expected possible, after which I could not update market views.

    nifty found base near 6900 and saw a major recovery to 8800.

    there is bullishness on long term charts.

    current view is support around 8300, max downside around 8000 i.e 6% from here.

    long term upside is as given before i.e around 10500 i.e 22% from current nifty level.

    therefore risk-reward ratio is still very good for long term investors buy on correction or market dips.

    Friday, February 12, 2016

    the possible nifty support zone


    nifty can possibly take support near 6350 although testing of 5900-6000 not ruled out.

    Sunday, October 25, 2015

    update on ew

    since nifty spot has gone above 8100 and stayed, the previous ew count third wave down has been negated and 5th wave down deemed to have completed.
     but any breach below 8050 prev wave count valid with modified downside tgts.

    Monday, September 7, 2015

    Wednesday, January 28, 2015

    nifty futures chart


    nifty futures.

    eod price chart.

    maybe moving in an expansion diagonal in a bull market.

    current resistance zone, as marked by rectangle, and the supports and resistances offered and formed by the two trendlines as shown on the chart.

    Sunday, January 25, 2015

    crude oil long term chart

    monthly crude oil futures chart
     
     
    crude oil broke below 95$/bbl and continued a sharp downmove.
     
    crude oil futures may be approaching levels between 30-40$/bbl.
     
    after bottoming out there a pull back expected.
     

    Wednesday, January 21, 2015

    mkt outlook 21st jan 2015

    as said nifty reacted around resistance levels(refer previous posts) last time and came down and tested support levels, bounced from there and again came back to 8700-8800 levels now.

    longer term support/sl for nifty 7850.

    resistance around 8800.

    if nifty stays above 8800-8850, expecting more upmove and the next resistance around 9250-9300 in the intermediate to long term.

    short term support expected near 8600.

    Friday, November 7, 2014

    hope everyone had a cheerful joyous and fun-filled Diwali.
     


    so just as given in earlier post here, nifty first bounced off the first given support and then from second strong support marked by the two green-coloured ovals as shown in the two charts, though there was a brief temporary breach of the support line. Now nifty is looking strong again climbing more than 500 points from the second mentioned support zone.

    The bullish view for nifty continues and the intermediate support levels have now shifted upwards. nifty support levels are roughly around 7900 and 7800 below which it turns weak. the resistance/target levels now are just above 8500 and 8780, few points here and there. With the positivity on the Indian economy, funds flow and earnings upgrades these target levels should not be difficult to achieve in the medium term to intermediate term. we are already very close to the first target of 8410 or so, so any large profit booking in days to come will again be a good buying opportunity in the market towards the above mentioned second target.

    my long term target stands at above 10000 for the  nifty but with a sizeable or meaningful deeper correction first.

    Thursday, October 23, 2014

    wishing

    and all friends, followers and visitors of valuetrading.BlogSpot.com,

    a very

    healthy,

    happy,

    and prosperous

    DIWALI 2014 !

    have a safe and green Diwali.

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