Nifty – Detailed analysis and how to approach market in this correction?
On 11 Sep, when Nifty was at 11,415, we have already declared that possibly a correction has started in Nifty here is the link. As per the poll on facebook, about 71% of our followers were able to act in time that saved them from losing large amount. We are getting some queries if we […]
Nifty – Has major correction started? – Possibly…
Nifty Analysis 11 September – Nifty – Has major correction started? – Possibly… I really did not have a reason to write blog for many weeks as Nifty was continuing its one way march… Until recently it has shown some correction possibilities. Today I try to analyse Nifty in details. Lets start with Monthly picture. […]
Has Nifty started a Major correction
After the fall happened post budget, lot of people are asking where is the best place to buy Nifty again and what should be their strategy. This post tries to answer the question. I am lucky to have got a lot of my analysis right and that does not mean I will be right all […]
Is Nifty starting a bear phase? Supply demand and Fibonacci analysis, stocks to watch out for in bear market
Its too early to say if Nifty has made a top and that it has changed the direction yet. But Fibonacci followers should be very happy looking at the levels. Lets start with Monthly Charts – From Supply demand point of view, charts are in very good long side move. If we plot Fibonacci extension, […]
Nifty detailed analysis – are we looking at a top sometime soon?
This post is mainly aimed at long term investors and how they could do analysis of markets and stocks to own. Traders can definitely use some of the concepts mentioned here, but they need few additional items which are beyond scope of this article. Are the markets getting heated? Lets look at PE ratios. It […]
Is Nifty starting a downtrend?
There have been few queries to me if Nifty is getting into a downtrend and what the targets look like and also if I should sell my equity position. Let me try to answer these questions here. On daily chart, I see weakness. If today we are able to close without a recovery, Nifty would […]
Did we just print Nifty Top today?
Fibonacci in action??? On Nifty charts, we had a bottom of 6825 and there on had a rally of 2145 points to 8970. From there we corrected exact 50% to 7895. And then 2145 points from 7895 is 10040. Today we tested these levels and corrected. Are we printing an intermediate top? Make no mistake, […]
Nifty Options Strategy – Manage Options positions to get to always profitable position
This week we evaluate how you could have a directional trade position which you will manage effectively to make sure that you dont loose a single penny. While this article is written for Indian index Nifty, it is equally applicable to any other market. In US, it works better as you have huge liquidity for […]
Nifty – Weekly chart does not look good
Nifty weekly chart shows breal of the trend line and it has created a good resistance area around 9650 levels. If market wants to do what I see it doing, then we have printed a top for few weeks now. I expect it to correct from here with 9600-9650 to be a very good shorting […]