Bulls and Bears win win situation, can happen again?

Dear All,

 

Today, Bulls and Bears were dancing with each other with great fall in the market and a rise too. Total market was news driven and news were fake. 

In the morning we got a news about south Korea Firing, and had a great fall in the market, but after the confirmation about news was of Fake and situation became dicey, all people were acting as a "MENDHYA" ! 

Traders were confused what to do? and market went up.... So, all people were with a doubt whether to ride with Bull or stuck up with bears. 

Can we just think about some facts of the market? Those who were long in the market, all stop losses gets triggered, but if you were thinking of Reverse Positions, then it settles down at lower rate. So, traders move was restricted because of what will be the next News about firing. But once it gets resolved, after 1, market take a U turn with almost 130 Points gain!!!

 

Great combination of Bulls and Bears act, so this market becomes only traders market, with less holdings.

  

Nifty Support: 5882 - 5795 - 5761

Nifty Resist: 5924 - 5954 - 6001

 

Tomorrow also, this dance will continue with a low of 5865 and a high of 5971/6001

 

Intra-day Stocks:

1. Glodyne Tech: Long Position, Bullish Kicker  
2. JSW Steel: Long Position, Bullish Kicker
3. Balkrish Ind: Short Position, Bearish Engulf  
4. United Phosp: Long Position, Risky Trade.

F & O Stocks:

1. Bhartiartl: Long Position, Buy Call option strike price: 340 / 350, Spinning top at bottom  
2. DLF: Long Position, Bullish Kicker, Buy call option of strike 300
3. Federal Bank: Long Position, Bullish Kicker
4. HCL Tech: Long Position, up flag breakout  
5. HDIL: Long Position, Bullish Kicker
6. IFCI: Long Position, Buy call option 65
7. Tatamotors: Long position, long position, buy call option of strike price 1300
8. Wipro: Short Position, Key reversal at top

Delivery Stocks:

 

No Stocks

 

If you have any query please get in touch with me.

 

Sincerely,

Mrs. Anagha A. Bhave
[Technical Analyst]
Aabhineesh Total Solutions.1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.
94 202 14 800

Bull Run!! Bull Run!!!

Hi All,

 

On Friday we have seen a great performance of the market, a rally of total 145 Points! Is it a good sign to bull run?

Let us study the chart.....

 

Because of Friday's up close, market made a Bullish Piercing pattern with a low of 5724, which indicates bullish trend for nifty with trend line major support, so still we are in uptrend. But looking at Weekly chart, RSI and MACD both showing Downward move of the market? 

How to build a decision then? Confusion???

 

NO! Watch the pattern carefully..... RSI Daily Chart, which show us a bullish sign supported by Heikin Ashi and Stochastic.

 

So, for time being, bear will enjoy the holiday at-least for 2/3 days, so, we can conclude, on the day of Moil's listing, market will show 6150 levels!!

 

To sum up the review, we can say intermediary market will be bullish. Considering strong buying of Oils, refinery, reality and Infra stocks, market will perform great up move in these stocks but considering Nifty, it remains sideways for next few months, with a range of 6400 to 5500. 

 

Bull and Bear traders will both make a profits in this phase but investor will loose the money with Stop loss hit!  

 

Nifty Support: 5809 - 5761 - 5721

Nifty Resist: 5924 - 5960 - 5995

 

Intraday Stocks:

1. Ashok Leyland: Long Position, Bullish Piercing  
2. Axis Bank: Long Position, Bullish Kicker
3. Birla Corp: Long Position, Bullish Engulf
4. Century Enka: Long Position, Key Reversal Pattern at Bottom
5. Glodyne Techno: Long Position, Key Reversal Pattern at bottom
6. SpiceJet: Long Position, Risky Trade

F & O Stocks:

1. Bank Nifty: Long Position, Bullish Piercing  
2. Gail: Short Position, Bearish Kicker  
3. HCC: Long Position, Risky Trade  
4. IDBI: Buy Call Option Strike Price 150, 160 
5. IFCI: Buy Call Option Strike 60  
6. ICICI: Buy Call Option Strike 1200  
7. IDFC: Buy Call Option Strike 180, 170  
8. Ispat: Long Position, Bullish Engulf, Buy Call Option Strike Price 22.50  
9. SBIN: Long Position, Key Reversal Pattern at Bottom, Buy Call Option strike Price 2800, 2900

 

If you have any query please get in touch with me.

 

Sincerely,

Mrs. Anagha A. Bhave
[Technical Analyst]
Aabhineesh Total Solutions.1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.
94 202 14 800

Market Down Trend Started???

Dear All,

 

Oops, Today i was expecting recovery in the market, but because of CBI Inquiry about Ketan Parekh stocks and all, market moved down. It was a free fall in the market. But, frankly speaking all people are saying market is bearish, so i think market has to take support at this level, next week, Moil listing is there, considering this, market will come up in next few sessions.

 

Nifty Support: 5742 - 5690 - 5639

Nifty Resist: 5845 - 5924 - 5954

 

Intraday Stocks:

1. Alok Text: Long Position, Risky Trade
2. Amtek Auto: Short Position, Bearish Engulf
3. Graphite India: Short Position, Evening Star
4. Gujrat NRE: Short Position, Bearish Kicker
5. Hexaware: Short Position, Bearish Kicker
6. ICICI Bank: Short Position, H & S Breakout, Hedge the position, Buy Call option 1150 or 1200, and Buy Put option 1100 and 1050
7. KS Oils: Long Position, Risky Trade

F & O Stocks:

1. ALBK: Long Position, Spinning top at bottom
2. Grasim: Short Position, Bearish Kicker
3. IFCI: Long Position, Risky Trade, Buy Call option 60
4. LIC: Long Position, Risky Trade
5. Piramal Health Care: Short Position, Bearish Kicker
6. Ruchisoya: Buy, Risky Trade

Delivery Stocks:

No Stocks

 

Sincerely,

Mrs. Anagha A. Bhave
[Technical Analyst]

Aabhineesh Total Solutions.1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.
94 202 14 800

Is the Market Bullish Today?

Oh, my my, predictions comes true like anything! Yesterday i predicted correction in the market up to the level of 5890, and it works that way.... Congratulations to those who are following my tips!

 

Tomorrow market will move up to the level of 5980 levels, approximately, 60-70 points upside move is expected in the market, this may come because of short covering in the market, and considering Friday's movement in the market, market has to move up in tomorrow's session, so this rally is not the sign of uptrend, but it will boost the bull to stay invested in the market and for bear to cover up there position.

 

 

Nifty Support: 5878 - 5830 - 5768

Nifty Resist:5954 - 5995 - 6033

 

Intraday Stocks:

1. ALBK: Long Position, Risky Trade
2. Axisbank: Long Position, Risky trade
3. Ruchi Soya: Long Position, Risky Trade  
4. Uflex Ltd: Long Position, Risky Trade

F & O Stocks:

1. Ruchi Soya: CA 90, and CA 100 Buy
2. Areva T &D: Short Position, Evening Star
3. Bank Nifty: Long Position, Risky Trade
4. BEL: Short Position, Bearish Kicker  
5. BPCL: Long position, CA 680, buy
6. Cairn: Short Position, Evening star
7. Canara Bank: Short Position, H & S Breakout
8. ICICI Bank: Spinning Top at bottom, Buy CA 1200  
9. Infosys: Short Position, Bearish Kicker

Delivery Stocks:

No Stocks

 

Sincerely,

Mrs. Anagha A. Bhave
[Technical Analyst]

Aabhineesh Total Solutions.1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.
94 202 14 800

Market is in the correction mode or not?

Dear All,

As per yesterday's prediction, market moves down gradually, and market made Bearish Kicker pattern in Nifty Chart, this will pull market down, so tomorrow market may fall upto the levels of 5890 levels, and for upper side it may have a resistance at 6025 levels.

From Predictions, SBIN works very well, Welspun works good, Albk, BGR works according to the predictions, so those people following the tips, i should congratulate them.

Enjoy the Difference!!!

Nifty Support: 5939 - 5915 - 5871

Nifty Resist: 6001 - 6033 - 6069

Intraday Stocks:

1. Karuturi Global: Long Position, Key Reversal Pattern at bottom
2. SRF Ltd: Short Position, Bearish Kicker

F & O Stocks:

1. Alok Text: Long Position, Morning Star
2. Ambuja Cement: Long Position, Bullish Piercing
3. Areva T & D: Short Position, Spinning top at top
4. Asian Paints: Long Position, Flag Pattern Breakout
5. BEL: Short Position, Key reversal pattern at top
6. Cairn : Short Position, Spinning Top
7. Exide: Short Position, Evening Star
8. Gail: Long Position, Flag Pattern breakout
9. HDFC Bank: Short Position, Bearish Kicker
10. ICICI Bank: Call option, 1200 Strike buy
11. Ispat: Call option 22.50 buy
12. Jindal Steel: Short Position, Spinning top

Delivery Stocks:

If you have any query please get in touch with me.

Sincerely,

Mrs. Anagha A. Bhave
[Technical Analyst]

Aabhineesh Total Solutions.1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.
94 202 14 800

Where will the Nifty Tomorrow?

Dear All,

As per the prediction, market gets corrected after 1. I recommended to Purchase Put option of SBIN 3100, and people made profits, low was 94 and High was 180 of SBIN 3100, Whatever i recommended it gets approximately doubled. Bank India also came down. 

 

Tomorrow will be the the bearish day, market will come down gradually, as Nifty chart has made Key Reversal Pattern at Top. Market may fall down upto 5900.

   

Nifty Support: 5964 - 5915 - 5871

Nifty Resist: 6033 - 6069 - 6144

 

Intraday Stocks:

1. Ahluwalia Co: Long Position, Bullish Kicker
2. MindTree: Long Position, Bullish Engulf
3. Welspun Gul: Long Position, Western Pattern

F & O Stocks:

1. 3i Infotech: Short Position, Down Flag breakout
2. ALBK: Short Position, Down Flag Breakout
3. Apollo Tyre: Short Position, Bearish Kicker
4. BGR Energy: Short Position, Bearish Kicker
5. BEL: Long Position, Up Flag breakout
6. CanaraBk: Short Position, Down Flag Breakout
7. Cipla: Short Position, Key Reversal Pattern at top
8. Gail: Long Position, Risky Trade
9. Grasim: Short Position, Spinning Top
10. IGL: Long Position, Flag Pattern breakout
11. Ispat: Long Position, Risky Trade
12. Polaris: Short Position, Bearish Kicker
13. Powergrid: Short Position, Bearish Kicker
14. Praj Ind: Short Position, Bearish Kicker
15. PNB: Short Position, Bearish Engulf
16. Tatamotors: Put Option Buy

Delivery Stocks:

 

No Stock

 

If you have any query please get in touch with me.

Sincerely,

Mrs. Anagha A. Bhave
[Technical Analyst]

Aabhineesh Total Solutions.
1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.
94 202 14 800

Is it a Making of Head & Shoulder Pattern in Nifty Chart?

Hi All,

 

Wow, market is moving according to Predictions!!!! Congratulations to those people who have made profits by following prediction..........

 

Now, if we watch the Nifty Chart, is it a making of Head & Shoulder Pattern in Nifty daily Chart? Like, 1st Top is on 14th Oct 2010, Second Higher Top is on 5th Nov 2010 and now Is it a making of Lower Top on 2nd Dec 2010? 

To get a H & S breakout at lower side, market has to close below 5606, then only we can say market is bearish, target will be 4400, if it closes below 5606. 

But..........Above this level, we are on safe zone, market is in uptrend with a trend line support at 5690 levels, and this correction we can call it as Intermediary Profit Booking, or intermediary Bearish Phase.

 

Lets Study it in Deep.

 

Considering candlestick pattern, last 2 days pattern is of Western Pattern in Up trend which pulls the market down. While seeing at this pattern, on Monday market will move up at around 6075 levels. But for weekly review market will make a low of 5780, as it has major resistance at level 6075 and major support at level 5780

 

Traders will make a money but investor has to follow strictly Stop loss and Risk Management which i have taught in Lectures.

 

Nifty Support: 5964 - 5915 - 5871

Nifty Resist: 6025 - 6076 - 6143

 

Intraday Stocks: (Follow the Intraday Rules)

1. Carol Info: Long Position, Flag Breakout
2. Akruti City: Long Position, Risky Trade (Stock is making new low but RSI fails to go below its previous low, positive divergence is form)
3. Ind. Seam Stl: Short Position, Bearish Piercing
4. Mastek Ltd: Short Position, Bearish Piercing

F & O Stocks: (Don't hold the Position, profit booking is Important)

1. ACC: Short Position, Down Flag Breakout
2. Alok Ind: Short Position, Down Flag Breakout
3. APIL: Short Position, Bearish Kicker
4. Apollo tyres: Short Position, Bearish Piercing
5. Axis Bank: Short Position, Bearish Kicker
6. Bajaj Auto: Long Position, Bullish Engulf
7. Bank Nifty: Short Position, Bearish Kicker
8. BankBaroda: Short Position, Evening Star
9. BharatForg: Short Position, Bearish Kicker
10. BankIndia: Short Position, Bearish Kicker
11. Dr. Reddy: Long Position, Flag Breakout
12. HeroHonda: Long Position, Key reversal pattern at bottom
13. Infosys: Long Position, Flag Breakout
14. OptoCircuit: Short Position, Bearish Kicker
15. Petronet: Short Position, Bearish Kicker
16. SBIN: Buy Put Option, 3100.
17. Suzlon: Short Position, Evening star
18. Tatamotors: Buy Put Option, 1300, Short Position, Spinning top

Delivery Stocks: (Calculate Risk, Target, Time frame, Accurate Price level to buy)

 

No Stocks

 

If you have any query please get in touch with me.

 

Sincerely,

Mrs. Anagha A. Bhave
[Technical Analyst]

Aabhineesh Total Solutions.
1st Floor, Gajanan Krupa Apt,
Sadashiv Peth, Near Nagnath Par,
Pune 411030.
94 202 14 800