Thursday, December 31, 2009

Happy 2010


New Years Widget by Widgia

Monday, December 28, 2009

Our Calls on www.twist4nifty.com


Date Script Buy/Sell Hint Rate Stoploss Target Result
24-12-09 Nifty 5200 Call Buy 26 16 High 50
24-12-09 Nifty Dec Fut Buy Above 5164 5164 5149 SL triggered
24-12-09 Nifty Dec Fut Buy Around 5130 5134 5124 High 5208
24-12-09 Nifty Dec Fut Buy Above 5183 (pre Market) 5183 High 5208
24-12-09 Litl Buy 565 7 Rs 572
24-12-09 Rel Infra Buy 1096 1108
24-12-09 Tata Steel Buy 606 598 615 High 619
23-12-09 5100 Put Buy Add more above 72 68 High 86
23-12-09 Nifty Buy Above 5000 High 5158
23-12-09 Icici bank Buy At 854 866
23-12-09 Rel cap Buy Above 840
858
23-12-09 Bhel Buy At 2318 2318 10 Rs 2355
23-12-09 Larsen Buy At 1665 1665 1685
23-12-09 Hdil Buy At 356 356 365
23-12-09 Dlf Buy At 366 366 375 on 24 dec
22-12-09 Nfty Buy If trades above 5000 High 5158

Saturday, December 26, 2009

happy christmas to all my known---unknown readers

MY Trading System


visit and joi with me at www.twist4nifty.com

and add bhoom2tika in ym

Thursday, December 24, 2009

watch 5183 again

looking at the strength of yesterdays bull candle,,,this time around,, 5183 could be only a minor resistance.

and, if 5183 is taken out easily....than we are to see, 5326 soon.

readers must remember, that the rounding top pattern, that i suspected, could have been complete had nifty broken the support line, drawn on nifty chart, with the pattern.
and i also clearly wrote , that strong bearishness will be seen only after we close below 4860.

Wednesday, December 23, 2009

A BIG SURPRISING MOVE !!!!!!!!!


TODAY morning i said , a big move in nifty on the cards,,,,i thought it would be on the downside, after it makes a lower top......but nifty thought otherwise !!!!!!!!!!

how to catch it ?????

answer was my system...on my website i wrote even yesterday..that buy nifty above 5000...
MY system started generating buy calls from 5027 today.

so many traders asked abt 4700 target.
1) on 15th i said , a bounce back will come from 4924-4950...yesterday i said a lower top coming,,,,means what???...not this strong but a rise was expected surely !!!!

3) i also said,,,that 5078 shouldnt be crossed if the rise is going tobe weak.

now what my system suggested around 5078.....1 sell call around 5073 and than plenty of buy calls above 5080....

how many buy calls intraday were given today ?????
plenty !!!!!

here goes the list

buy nifty above 5000
buy icici bank at 854
buy r cap above 840
buy 5100 put at 68 add more above 72
buy bhel at 2318 with 10 rs sl
buy larsen at 1665
buy hdil at 356
buy dlf at 366

all in all, a great day even for my options trader.
but i must admit that,,i would have been a total FAILURE today,,,had i not developed a mechanised system and had i not been this much flexible.!!!!

to earn in any markets,,,join me at www.twist4nifty.com

TOP HEAD&SHOULDER IN TATA POWER

A big move is on the cards, in nifty

join me at www.twist4nifty.com
and add bhoom2tika in ym

Tuesday, December 22, 2009

A lower TOP coming ??




WE have seen a very very IMPORTANT TOP in place at 5183.
expanding structure on intraday charts was my first clue of a TOP ,in place.
on 15th dec i suggested ,downside targets of 5007----4950--4924,,,my condition was 5078, not tobe breached.bulls tried hard, twice in 2 days, one high was 5072 second was 5069.as 5007 was broken, yesterday we had touched 4934.

with , short term oscillators in oversold zone,,we may see another WEAK rise.
AS per basic dow theory, on daily charts we are yet to see,,a LOWER TOP-LOWER BOTTOM, formation.
with supports at 4910-4950,,,from here onwards, we may see a weaker rise , which will be a lower top to 5183.before a crash, which will meet the ROUNDING TOP targets around 4700---15900, for nifty -----sensex respectively.

readers, must remember my chart of sbi,where i suggested a top h&s in place.hdfc bank too have broken an important trendline.

all in all,,,,as i suspect a major top in place,,the coming rise SHOULD BE WEAK,,, to confirm my view.
TO get benefits of my realtime analysis
visit www.twist4nifty.com

Monday, December 21, 2009

4950 done !!!!!

ROUNDING TOP IN INDICES

THE PATTERN completes with the break of support line drawn on chart.only than we can have the suggested targets.

and do not forget my supports at 4950-4910...expect a bounce back..( should be weak),,which could be a lower top against 5182..and than we may see the crack below support line, to complete the pattern.

visit www.twist4nifty.com

Sunday, December 20, 2009

ROUNDING TOP IN INDICES


nifty and sensex are in the process of making a ROUNDING TOP reversal pattern formation,,,giving initial targets at around 4700 for nifty and 15900 for sensex

GET QUALITY INTRA / POSITIONAL CALLS

VISIT my new website www.twist4nifty.com

register --------- select your service ---------select your payment mode

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A few notes::::::::

1. if you want to TRADE.... and trade for your broker....my analysis will never
suit you
2 if you want to earn.......and earn with unmatched consistancy...i am for you.

ENJOY TRADING WITH ME.

Friday, December 18, 2009

PATIENCE PAYS, TOO !!!!!!!!

Nifty actually moved, in a small range,, had even given a false break out above one mentioned level of 5043....but luckily, i didnot gave any buy call at that break. also the spurt was very short- lived.

also, exactly at the same time, my system was generating sell calls on 5 min charts for reliance.

so ,i just waited n waited...before finally, i found the fall started with huge volumes.
a sell was triggered and 5004 was gone in split seconds.

depending upon, world markets though...but expect a bounce back from 4910-4950, next week.
should that bounce ,remain weak...4860 can be in danger.
but ,i will update , daily for the crucial mooves, in coming days.

THANKING MY READERS.......

i am getting very good response for my new website........www.twist4nifty.com.
interested readers can also add bhoom2tika in ym.


TAKING A TOLL OF PATIENCE

Somehow,,, even after having sell calls on hourly charts.
i have a feeling that nifty may not breach my first supports 5008 that easily....and if the sideways structure remains intact...it MAY not touch 4950..even if 5004 is breached for short term.

there can be a good upmove above 5043.

Thursday, December 17, 2009

NEW WEBSITE

All readers are advised to visit my new website and register.

www.twist4nifty.com

NIFTY LEVELS WORKS, YET AGAIN.


For bullishness nifty had to trade above 5078..........yesterdays high was 5072 todays high was 5069, and on the lower side too,,my first target which is naturally a support also,,was 5008,
yesterdays nifty low was 5004 , and today it was 5008.

now what next????.......the hourly structure seems tobe a distribution, with my system generating sell calls on hourly charts.
i think we are headed for 4950-4924-4910, very soon.
but expect a strong bounce back from these levels.

remember, no great bearishness till we close below 4860.

Wednesday, December 16, 2009

distribution





i suspested the drag between 5100-5180 tobe a distribution.

there were few strong counters like bhel and lt...which looked positive...but than i couldnt ignore signal generated from hdfc and r-pack and few banking counters.

it was a tough call to term the phase as distribution,,,but eventually it proved tobe distribution only.
unless nifty trades above 5078..we will see lower levels like 5007-----4950---4924.

the major loosers among index counters were..axis,,icici,,r pack..precisely as i mentioned here.

Monday, December 14, 2009

A FALSE break-out

The expected break-out happened ,the other day,,even new high was made...but by 1 point only!!!!!!!!!!!..very very tricky markets.

the more the drag in between 5100-5180..the more severe correction on the down side should come.
latest by tomorrow,,,if nifty is not able to breach 5190 on the upside..the side ways move in so many stocks...which generally looks like,,consolidation...will infact prove to be DISTRIBUTION.

STOCKS like rel infra,,r-cap,reliance,,icici,,axis can suffer most, if now nifty breaches 5081--5049.

Friday, December 11, 2009

LACKLUSTER DAY IN BETWEEN TWO TRENDLINES


SO,yet another day passed on exactly in between,,those two trendlines.

markets still waiting for that decisive move..beyond those two lines.
on hourly basis..nifty need to close below ROUGHLY 5105 for a steep downside fall or above 5145....5153 for an upside move which could easily make new highs for nifty for 2009.

acc,grasim,india cement, hdil ,litl. and sail seems poised for the upside rally..in my opinion positions should be taken, on a break out for nifty.

Wednesday, December 9, 2009

Tuesday, December 8, 2009

BELOW 5025/5000 4965 POSSIBLE


Hi, all please view the attached chart, for next supports and also targets.

The falling trendline will be resistance for any upside corrective rallies.

Monday, December 7, 2009

5049 DONE

todays f nifty low was 5050,,our target from thursday was 5049,which is done.

now, if 5080 is not captured in a hurry ,or morning gap-up than,theres a high probability of nifty touching 5000 and 4940 around within 1-2 days.

Friday, December 4, 2009

resistancce works for nifty

Nifty got Resisted at around 5183 ,on last two days..i mentioned 1 target for nifty to be 5049 ,but today with bearishness in dow & asian markets, at the WEAK open nifty made made low of 5085,,bounced back upto 5170 and crashed upto 5178..and closed again at 5130.

now, just read this messege posted here on 2nd dec.

Wednesday, December 2, 2009

WATCH 5040 FOR NIFTY

A strong move below 5103,,will take nifty upto 5089-5079 and a move below these levels will take nifty upto an important support levels of 5041..and a close below 5040 and we may see a strong down move atleast upto 4937-4860.

and WATCH todays lows..first 5085 next 5078.
this is precisely how levels given here works for nifty.

Wednesday, December 2, 2009

WATCH 5040 FOR NIFTY

A strong move below 5103,,will take nifty upto 5089-5079 and a move below these levels will take nifty upto an important support levels of 5041..and a close below 5040 and we may see a strong down move atleast upto 4937-4860.

a real directional move will depend upon how,severe crash comes in ,weaker stocks like,
icici,sbi,bhel,larsen,rel infra and reliance capital.

watch for these stocks, and nifty levels,,tobe guided in near future.

Tuesday, December 1, 2009

unitech today

NIFTY EXPANDING


EXPANDING TRIANGLE ON NIFTY INTRADAY CHARTS.

5000 for nifty ...crucial

Bearish moves,which seem to have all characters of panic sell-offs,suddenly gets disappeared, at our supports. a character of bull markets. but markets clearly unable to hold even higher levels,without participation of banking and reality sectors.

A strong move above 5075 can some how drag nifty around 5150 again,,,but on the other hand bears will be taking control under 5000,,,4990 for dec f nifty.

and ESPECIALLY if nifty closes below these levels, we may see another leg of down move.

DONT forget 4860 on closing basis, coz. if now onwards, a close below 4860, will put 4536 under threat.

Friday, November 27, 2009

4817-4860 worked WITH my systems calls


I mentioned two lvls ,in the morning,,,,,and said that a decisive breach and close below 4860 will favour bears.and support was 4817...nifty made low of 4807 and bounced to cross 4860 again.

weekly charts looks weak, still, with a weak close today.and todays daily charts recovery NEEDS A STRONG FOLLOW-UP....which to me seems tobe quite difficult.

lets see , how market develops further.4860 remains still to be the most important lvl to watch in coming days.

watch nifty with my system on 5 minute charts.

SBI WILL LEAD THE FALL ON A DECISIVE BREACH OF 4860







Safty measures were taken,in a very bold manner,here,with a clear cut instruction of closing longs,on 25-11-09, even though nifty kept rising on intraday charts strength.

not sticking to my own tgt of 5178,i advised to book longs.....thank god !!!!!!!!

readers should remember that measuring weightage of evidence of bullish-bearish probabilities
is a key factor to predict even very short term market move.i did the same on 25th,finding the weight tilting towards bears.

i had earlier posted a chart of sbi, with huge bearish probabilities,maintaining the importance of top h&s pattern,the updated chart is being posted, here.

Thursday, November 26, 2009

indicator works

My chart says it all.
the last rise, it seems tobe a structure like a ROUNDING TOP...and ultimately a LOWER TOP...first important confirmation will be a close below 4937 and than A DECISIVE BREACH of 4860-4817 will put an end to the rally from march-09.

FELIXIBILTY + TIMING = SUCCESS ??


yesterdays messege seems to have gone quite un noticed...i was very very clear...in saying to close all longs..at or around 3 pm as on yesterday.

nifty did make a high of 5141..missing tgt by some 35 points,,,but last tuesday i advised to buy on dips, till 4860 holds,than nifty went down near my supports at 4924 and rallied upto 5140...and at 5120 i clearly advised to book longs.
hope whoever noticed me,,benefited.

some serious trouble seems possible for the markets.
as usual..market has the uncanny habits of giving false break-outs,at the end of any larger moves..may have happened this time too.

Wednesday, November 25, 2009

nifty 1 min today

LOOSING MOMENTUM

Although weekly charts remain in buy mode,in my opinion,markets are loosing short term momentum on the upside,creating doubts abt reaching tgts ,in a hurry.

i would advice to close longs, today and remain sideways for a day-or two
chances of upside rally, may resume, if 5048 and 5006 remains intact for 2-3 days.as the opening looks strong,,,close long at around 3 pm today.

Sunday, November 22, 2009

NIFTY SEEMS READY TO FLY




MARKETS, it seems have finally decided to move sharply up.
breaking the confusion of a lower top or higher bottom formation.next nifty targets could be 5175,5317,5332 and 5398.
some stocks like..icici,hdfc,reliance,acc,tata steel seems ready to go significantly higher, from now on.

sensex seems tobe clearly moving in a channeled move..the higher end of the channel..will be the traget and resistance,if both indices take out their recent highs.

my assumption of mild correction till friday,proved very timely..as nifty took strong supports JUST above support lvl of 4924,mentioned here.

INVERTED H&S IN NIFTY & ITS RSI,,,WILL IT WORK ??

Saturday, November 21, 2009

FLEXIBILTY IS THE KEY

A member of one forum, raised a q regarding post pattern publishing of charts, and on sbi hns and said he is short.........i answered in this manner....

dear ranga sir,,,will try to post a detailed answer..to all hidden questions..POST PATTERN...comment of urs on my 1 min chart is valid..my reason to publish the chart,is that how ,i can take faster twist n turn in this volatile market,another reason is that,i already mentioned abt correction upto friday was tobe bought at dips ,for tgt 5330 on tuesday and next day ,i gave supports at 4924..now i just wanted to show, how even 1 min chart can be helpful in spotting a turn a little above ..:generally known supports/resistances..(i hope you remember,top hns post budget..when every single person knew tgt was around 3750..markets turned before that figure was seen.}

this is market for you..its collective mass psychology working,and hidden jealousy of every human mind,when gets collective,will never allow ,a normal trader to earn money, that easily,especially if you are stuck with ,what you think abt markets.

here is what i wrote on last tuesday..........
Posted by: bjnaik on 18-NOV-2009 (07:30:31) [IP address: 184:53:134:----] [delete this message]
expect a small correction from here,,and if the correction remains mild,upto friday..we will be reaching new highs for nifty around 5330.nifty lvl to watch if any short term correction stsrts is 4860.buy on dips till that lvl holds, should be the trading strategy.



dear ranga sir,,regarding sbi hns..i hope you understand ,that my duty is to warn traders/readers of any move in advance ,as early as possible..now the hns pattern is clearly visible,bt it gets commpleted ONLY on the breach of the neckline..so in the coming rise..as 5330 was tgt given for nifty,a positional trader can take short position in sbi first..on the very first signs of weakness..near nifty tgt and IF the pattern remains intact,even before the breach of the neckline..one has to observe if the so called pattern SHAPE remains INTACT !!!!!..hope you get my point.

also sir, at times,markets do generate clear cut signals for me..as the one..when i wrote here.."NIFTY WILL ZOOOOOOM ABOVE 4655"..bt market at times take U TURN on intraday basis..no one knows the precise timings..thats why.i wrote on tuesday itself..THAT BUYING ON DIPS SHOULD BE THE TRADING STRATEGY TILL 4860 HOLDS..
and markets turned sharply up yesterday just before the supports at 4924 !!!!
AND SIR,please note the timing of my chart..it was just before 2 pm,,right ?..now nifty reached 5077 from 5035,after i posted my chart,so there was enough time still left to cover shorts,for whom,who believed my tuesday comments.

Friday, November 20, 2009

MY SYSTEM BEING TASTED ON OPTIONS 1 MIN CHARTS




my system


said fall till friday...lvl of support 4924....market doesnt allow...lvls ...which every one knows..ask any one and every one..knew, that 4917--4924 was support..will market come there ??????plain n simple no..but my system?? catches fast.

NIFTY LVLS TO WATCH IF BELOW 4924



For nifty 4924 is an important support,,below which 4870-4810 zone is crucial.

A note on 5330 tgt::: we have recently seen two big moves on either side..both were a little bit more severe than my expectations.so there are two clear possibilities,,

1. we may have a lower top in place at 5085
2. we may have to see a higher bottom ,for the rally from 4536--5085.

so a higher target is possible, only above 5100 approx.coz. that will confirm a higher bottom.else we may even break 4536 or ,we could be in a small triangle formation,with its two legs already over.

a threat to the higher targets, exists in the probable HEAD & SHOULDER pattern,in sbi as being shown in the chart, here.

Thursday, November 19, 2009

correction starts as EXPECTED


I SAID,even earlier as my max tgt would be 5052...bt nifty dragged a bit more..but as i expected yesterday...a correction seems to have set in..watch 4920 first,and i will be updating my lvls to watch and enter long..if entering long would be advisable.

Wednesday, November 18, 2009

5330 next nifty target..if 4860 holds.

expect a small correction from here,,and if the correction remains mild,upto friday..we will be reaching new highs for nifty around 5330.nifty lvl to watch if any short term correction stsrts is 4860.buy on dips till that lvl holds, should be the trading strategy.

Thursday, November 12, 2009

Waiting for clues


The rally can go upto the 78.2% retracement lvl..which for nifty is around 5052....although yesterdays high wasnt TOO far away.........

a look at the intraday structure suggests a possible rising wedge,,,which is supported by a very STEEP trendline,i think such steep trend, suggests a pause to the current rally again.

one should wait for the decisive breach of the trendline.
i will keep patience and wait for atleast a higher bottom to enter long.

Wednesday, November 11, 2009

SELL CALLS FROM MY SYSTEM ,WORKING ??

Nifty retraced from 61.8% retracement lvl of the entire fall,yesterday.
a breach below 4845...will have tgts of 4812--4792----4750.
this fall ,as there are sell calls on eod charts on many stocks + eod candle reversal patterns on many pivotals........could be a higher bottom, for the rise from 4536 to 4947
or
yesterdays top 4947 could be a lower top.
let us not decide , what it is and better, let markets decide ,what it wants to say.
remember SPEED THRILLS BUT KILLS and ITS BETTER LATE THAN NEVER.

Tuesday, November 10, 2009

4853 achieved and even crossed

The rally from supports mentioned,here few days back ,is little too strong ,than my expectations,simply put, my imagination or vision has limitations this time around.thats market for me,,,THE SUPER POWER.
We are at cross-roads,,the so called relief rally (a mistake?),,can prove to be something else.
but here again,atleast expect a higher bottom in place (if todays highs are not LOWER TOP,at all)..
so, i will watch 4845 forst tobe broken,than 4774 and than 4753.
all in all,,let the markets decide, what it wants do deliever.

Monday, November 9, 2009

confusing week-end




am doing technical analysis,,and my sole purpose is to predict futuristic moves,essentially i am dealing with probabilities only.
the reason behind describing this is the confusion ,charts are presenting as on today.
1) the sell off was very heavy,in most of the pivotals,but still counters like hdfc,hdfc bank,sterlite,tata motors, tata steel,have witnessed strong supports at lower rates,although,i m not saying that in the first down leg itself ,we can witness sell offs in all counters,but still,the bounce back in these counters was a little bit more to my comfort,looking at the down-side tgts.
2)my system is generating buy calls on weekly charts on some stocks and on the same stocks daily charts,its giving sell calls !!!!,this is indeed confusing.
3)this fall can be a pull-back only to the NECKLINE of weekly bullish inverted h&s
4) but markets cant give a vertical rise,straight away,after such heavy sell offs EVEN IF we are to witness newer highs.

my conclusion is:::we will witness atleast a taste of the recent bottom (may even breach them for a day),,or we may have a higher bottom in place above 4536(a fall will come upto 4650 around approx),and if the fall that i anticipate will be a higher bottom than ,we will have a 3 wave (abc) corrective rise,and than breaching recent lows.
a rising channel possibilities, adds to the confusion.