Nifty & Sensex Update

I hope today’s rally didn’t caught you by surprise. As we elaborated in our last post, the 7828-7850 was a crucial zone for Nifty. The low for this correction turned out to be 7823, and the markets turned up without a classic bottoming out. This may become the norm in […]

Nifty short term

Nifty & Sensex Update

Nifty & Sensex rally managed to achieve the gap based target around  7972. We have seen some correction since then and we are trading around 7900. We see this correction as short term in nature which is good considering that Nifty has traveled from 7585 to 7977 very quickly. This […]

Nifty & Sensex

Nifty & Sensex: You should be alert to this major market signal!

Nifty & Sensex have managed a splendid rally in the last 2 months. In course of this they have achieved many of our major targets. Our 2nd March post: Nifty breaks out providing confirmation alerted readers to a pattern based target of 7900. We also alerted on a gap measuring target […]

Just Dial Short Term

Just Dial: Power of Wave Analysis in dealing with incomplete data

Just Dial got listed only around second half of 2013. Which means trading data is only available since. This makes the data set incomplete as far as application of elliott wave analysis is concerned. But if you can get hold of basics, you can still find ways to make profitable […]

nifty sensex

Nifty & Sensex Update

Markets have seen a sharp correction from 7784 levels (25479 BSE Sensex). The prices have respected the trend channel that has been in play since March ’15. This was the correction we have been expecting that should mark the end of wave 1 & develop into wave 2 correction as per […]

Warren Buffett Investing

Trader TV covers Indian Insight

Indian Insight was recently covered by Trader TV. I was asked about my experience as a trader, my motivation behind starting I also talk about some of our upcoming courses & services. You can watch the interview here:

BSE Sensex & Nifty View

Nifty, BSE Sensex, USDINR End of the week Update

Nifty & BSE Sensex have encountered resistance at important levels. We mentioned in our last post how 7745 & ultimately 7800-7820 (upper end of the trend channel) may be important levels for Nifty. We saw markets crash sharply from 7745 & equally sharp rally back, markets pulled back from 7777 […]


Gold 2016 Target Revised!

Our December 2015 report on Gold: Can Gold Shine in 2016? gave a bold bullish call on Gold in the back drop of extremely bearish sentiment on the precious metal. In the report we clearly mentioned that our 2016 target for Gold is $1343. In less than 3 months the prices hit a high […]

nifty 23-March 2 hourly

Nifty: We are at a critical juncture

Lets first present our medium term chart for Nifty. This chart shows the trend channel that has largely contained the correction in Nifty from 9100 highs in March of 2015. As you can see in a little more than three weeks we have traversed from lower trend line to the upper […]


Crucial Week for USDINR

USDINR currency pair has been trading in a channel since May 2014. This channel has managed to hold on for quite a bit of time now. The latest peak created on 22-Feb failed to test the upper trend line of the channel, which is generally an indicator of weakening trend. […]