Author: Yash
Medium Term Share Market Tips – L&T Financial
Medium Term Share Market Tips – L&T Financial Holdings L&T Financial Holdings stock made it’s all time high in Oct ‘ 17 and has since traded lower. L&T Financial Holdings Weekly Chart Below: Since we are analyzing a long term trend we have used a log scale chart for our […]
Nifty & Sensex Update
Since our last post, Nifty has stayed on an expected uptrend. Chart Below: From a long term perspective, there is nothing new to add and we expect this trend to continue. The measured target for Nifty are at 10831/11233/11328. Important swing point is at 10404. From a short term perspective […]
Elliott Wave & Time Cycle Gujarat election impact on Nifty / Sensex
NIFTY & SENSEX Gujarat Election Results Impact on Indian Share Market Since our last post, Nifty tried (unsuccessfully) to climb up to it’s all time high and fell sharply to briefly trade below the crucial 10104-10120 zone. Chart Below: Nifty seems to have formed a W-X-Y double-zig-zag correction. Price wise this […]
Nifty Elliott Wave Update
Nifty Elliott Wave Nifty hit a high close to 10500 since our last update and we have seen a substantial downward move since. Prices are still trading above the crucial 10104-10120 gap area we mentioned in the last post. This crucial gap area will continue to remain an important support zone. The […]
Technical Analysis = Success in Day Trading?
Do you think knowing technical analysis is enough to succeed in day trading? I used to think so, until I realized this is simply not true. In order to succeed in day trading what you need is: A profitable Trading strategy An objective way to evaluate the performance of the trading strategy […]
Nifty Elliott Wave Update
Nifty made a major low around 9687 as mentioned in our last report and has managed to hit a new all time high. Identifying a simple flat correction was all that was needed to make this bullish call. Chart Below: There is another important indicator that played out around the […]
Nifty Update
Nifty extended it’s fall to the 9724/9685 zone mentioned in our last update. We have seen strong reversal from this zone. This today has been followed by a breakaway movement in stocks. Although the breakaway movement has created only a small gap, it is likely that we may be able […]
Nifty Update
The price action in Nifty since our last update has confirmed that the fall that started from August 2 wasn’t start of a bear market. We cannot say the same about the fall from Sep 19 highs yet. Based on short term calculations the current fall may extend to 9724/9685. We […]
Video from our upcoming Day Trading Strategies Course
Our new Day Trading Strategies Online Course would teach: 2 Popular Strategies (Technically 3) plus Examples on modifying strategies using simple technical analysis tools How to perform manual back testing of trading strategies and compare performance Money Management Principles Live Examples You can watch one of the videos from our upcoming […]
Nifty Alternate wave count- 9850-57 key level
Nifty needs to recoup losses from above the 9850-57 level in order to continue the upward march immediately. Below may be the top alternate count for Nifty in case it fails to do so: Market’s recent move have been tough to analyze. This usually happens when the patterns are incomplete […]
