31-10-2011 nifty

Diwali vacation...

I am at vacation,and out of station from today for mini tour....blog will update after 3 or 4 days..,

Now this blog will remain open for friends and invited members only so send your full details at my e mail vijaybaroda123@yahoo.co.in  including mobile no.s,e mail ,name,city and occupation..to get the membership of this blog,it is free..

I am giving clear views here,not big technicals talks only,clear trend view,clear action what to do ,buy or sell.not only this i am posting my trades also..so you can get actual befits of it....

LAST 2 MONTHS PERFORMANCE....

1.Prediction of gold's big correction,when it is at 1880,1860 than after gold made low of 1533.spot...read 13th Sep..post..

2.Prediction of nifty,that nifty will not go below 4700...when almost all tech analyst were waiting for 4500,4450..i was buying for 5050...near 4730 to 4780 zone,and earned decent profit.read Oct 5th and Oct 8th,Oct 11 th  post.

3.Dow Jones prediction that Dow will not go below 10400 and correction over,than after Dow rise at least 1200 points...read Oct 6th post..

4.Recent correction is just halt in between and mkt will go for breakout above 5170...advised all blog readers to buy nifty in this triangle correction..read18 Th,19 Th,20 Th October, Th 21 st October and 24 Th October posts...

HAPPY DIWALI

24-10-2011.. nifty trading strategy...

After diwali,Blog will remain open for members only send me email for request...

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Sensex 2009, un filled gaps

According to my view chance of the gap filling is not sure,it is the common technical analysis tools which has it's limitation of success ratio.There were many gaps unfilled in sensex chart of year 2009.Lots of people waited for filling of these gaps during the up move of 2009,Including me.But we all proved wrong.And off course our own Indian technicals only not works,co relation with global markets is the main driver of our market.

Dow jones Extreme bullish view,break out from the 2 months range

• Dow came out from the 2 month old range..the extremely good break out.
• This break out is with good speed, taking extremely short time means most likely this is not corrective up wave but more chance of beginning of a new bull run,and this correction is over here.
• Corrections are small and main move or impulse waves are fast,is the first sign of bullish run.
• particularly,when it's comes out from the any bearish cycle.
• see Dow Jones with extremely short correction both time and value aspects.
• Swing pictures tells lots of up move unfinished before completing the swing rules necessary formations.This up move should end only after 4 or 7 week times more from here,and this is the first week means at least 3 more week time upside still remain, till than no possibility of any big down move.
• If this is corrective upside it should not go beyond the level 11930,and close there..considering the swing unfinished picture and more 3 week upside remained, it will definitely go above this lvl and close there,Because it is only 130 points away from today's close 11808.

Our market in line with global markets, will come out from the range.I am expecting this since 4730 lvl.see the basic and inside formation of range is similar with Dow Jones in nifty chart.that is why we are buyers in side the recent correction of 5160 to 5011..

Dow jones triangle

Gold above the trendline convincingly

At present gold is trading above the trend line after many days of downfall.Daily close above 1645 is the first sign of good bull run for next days.silver will follow gold.

Nifty inside the triangle

Nifty still running inside the triangle.The correction is still continue..it will continue till expiry.At Sunday crucial meeting for debt solution of European countries.Outcome of this meeting can provide good spark in world markets.Heavy selling of 5200,5300 calls and 5100 puts suggest expiry will be in between 5100 to 5200 or little below 5100. 

Next gann turning dates

Extensive use of Gann turning dates along with Elliott waves gives good decision power to any analyst.
Here is next three turning dates,if no reversal occur at particular turning date than wait for next turning date...see latest past result also...

EXIT from gold sell position.

Gold at weekly channel support so,took exit here...with good profit...more than $40

Nifty bullish view continue..

Bullish view continue for nifty..this correction is not over yet,most likely symmetrical triangle formation is unfolding,both in Dow Jones and nifty charts.
Gold is at good down move and we are sitting with good MTM profit.It will continue it's down trend.

નિફ્ટી માટે તેજી ની આપણી ધારણા ચાલુ જ છે.નિફટી નુ કરેકશન હજી પત્યુ નથી ડાઉ જોન્સ ના લીધે તેનુ કરેકશન લમ્બાયુ છે.નિફટી ચાર્ટ મા એક ત્રિકોણ બની રહ્યો તેવુ લાગે છે..ગોલ્ડ મા અમારો ટ્રેડ સારા પ્ર્રોફિટ સાથે ચાલુ છે.જે લોકો પોજિશનલ ટ્રેડ ના કરતા હોય અને 25 થી 50 પોઇન્ટ થી વધારે મુવમેન્ટ મા પણ ઉભા રહેવા ની તૈયારી ના ધરાવતા હોય તે લોકો આ બ્લોગ વાચવા નુ બન્ધ કરે તેવી મારી વિનન્તિ છે..કારણ કે અહી આ બ્લોગ મા સ્વિગ કે પોજિનશનલ ટ્ર્રેડ અને તેને અનુકુળ ટ્ર્રેન્ડ ની માહીતી આપવા મા આવે છે ને સ્વાભાવિક છે તેવા ટ્રેડ‌ મા કોઇક્ વખતે મોટા સ્ટોપલૉસ હોય છે...

Gold sell position initiated

keeping today's high 1665 as stoploss sell position initiated ......

19-10-2011 strong nifty...

Nifty remain strong whole day,in line with the strong world mkts...but still this correction is over or not is decided by Dow Jones.we have bought some nifty in small quantity..little higher level after checking bulls strength.
If this correction is continue for few more days,than we will add some more.In short accumulate nifty as possible as in this small correction.
last days, clearly told blog readers,now to remain bearish without proper selling signal is  dangerous....mkt is strong enough..prove right today..only very big news from America or Europe can lead this mkt for big bearish mode..otherwise no one can stop bulls grip on this mkt.


અમારા ગુજરાતી મિત્રો ની ખાસ માગણી થી આજથી ગુજરાતી મા પણ‌..વર્લ્ડ માર્કેટ ની સાથે સાથે નીફ્ટી પણ ખુબ મજ્બુત છે.આખો દિવશ મજ્બુત રહી મજ્બુત બન્ધ આપનાર નિફ્ટી નુ આ નાનુ કરેકશન પત્યુ છે કે નહી તે આજ ની ડાઉ જૉન્સ ની મુવ પરથી નક્કી થશે.છૅલ્લા દિવશો મા બ્લોગ ના વાચકો ને મૅ ખાસ લખ્યુ હતુ કે આ માર્કેટ મા શૉર્ટ પૉજિશન ના બનાવાય.જે આજ ની નિફ્ટી ની મુવમેન્ટ પરથી સાચુ સાબિત થયુ.આજે અમે થૉડા પ્રમાણ મા નિફ્ટી ખરીદી છે.ને જો આ કરેકશન વધુ લાબુ ચાલે તો બીજી ઉમેરવાના.ઘટાડે લેણ કરાય તે અત્યાર ના માર્કેટ ની સાચી સ્ટ્ર્રૅટૅજી ગણાય.યુરોપ અમેરિકા તરફથી બહુ જ ખરાબ સમાચાર આવે તો જ મન્દી બાકી આ માર્કેટ પર તેજી વાળા નો પુરો કાબુ છે.

Bought nifty today

YES bought nifty in small quantity...after testing bulls for 4 to 5 hours...at higher levels...5145 to 5160 nov...

18-10-2011

Considering the global picture,we are with them now at correction, left our own tgts unfinished...that is why i was out of market ...one has to keep keen eye on global markets to succeed in our own mkt,now this correction should small and simple..waiting for buy,when proper entry set up emerge.necessary change in count made,in line with global markets...

17-10-2011 after market

Nothing new same view for nifty is continue...in Dow Jones this 5th will go for extension..i do not expect big correction in Dow Jones,bulls will try to control this market and American government is giving him enough support...so strait forward up move above 10950 is the bulls first tgt without taking any meaning full big correction,,,othrer wise bears will try to get control back again..at present no any supporting news for bears available enough so, in line with Dow Jones and world markets,our fifth also can extend heavily...now to remain bearish without proper selling signal is dangerous...

From last 400 points movement, I got 335 points.,and at present out of market, no any position,just wait and watch...last  4 trades with profit 730 points,without any stoploss,in side the range of 440 points ...5170 to 4730....

Gold will make one or two more highs,no selling time yet...last 3 trades 1 stoploss of 6$ and 2 gave 368$..in mcx also 3 trades and with one stoploss 1800 rs profit...

Gold and silver latest view...

Dow jones hourly,daily,weekly,monthly

Nifty 2 possibilties..5180 to 5255 is the zone for short...

Nifty daily,weekly,monthly

Dow jones,Correction continue

Correction in dow jones continue,above 61.8% level consider this correction is over ,level is marked on chart.(white line)

Nifty 14-10-2011,13-10 after market

Nifty still in a channel,but the global picture is weak for next one or two days,because Dow Jones is up more than 1200 points from it's low.My swing law suggest at least small meaning full correction in Dow here at this point.With the Dow FTSE  also at correction mode...My target of 5180 to 5245 is still intact...but considering global picture and the weakness against strong Asian market,with small not enough unsaturated correction from 5045 to 4964 leads me to exit from my nifty positions.And now i am waiting for good dip to buy again..i may be wrong but i am strictly follows my rules,which gives me  almost no loss trades.                                                                                                         

exit from nifty...with 40 to 50 points.

yes took exit from my nifty positions with 40 to 50 points net profit..because of weak ftse chart and possibiity of weak dow jones to night...

Strong up wave continue for nifty tgt 5180 to 5255 zone

Nifty as expected continue with strong up wave..and it is with good angle,that means up wave has lot more steam left.Strong result from infosys stop  further down move for my tgt 4930....the good entry level with minimum risk..
 I had initiated my position in nifty after watching o, 4.30 hours of bull's strong strength  to sustain nifty continuously at higher level, though my swing trading method had given buy  signal at the day's first 15 minutes candle .My tgt is 5180 to 5255 zone...This time this is big range zone..because bulls will try to give strong enough signals to bears..so they will definitely try to pull the nifty convincingly higher than,last swing zone 5168 to 5180...Small wave count will give exact point for proper exit in next coming days charts.

Dow jones strong bullish picture...

Still lots of steam left for bulls...

Good nifty buy...

Strong European markets...and strong nifty against the bad news, bought nifty today...though stop loss is little higher than my normal trade.5032 nf

nifty small waves

nifty small candles chart says different story,so buy only with confirmed swing method buy...and visit this blog for better clue during market hours when nifty trade near...4930...because most likely market will try to get support at this zone.

Nifty 11-10-2011 after market

Nifty bullish view continue buy with the swing buy signal..yet not generated..

Dow jones bullish picture continue...

Dow Jones showing good bullish picture..

1...breakout from wedge,and at present trading at convincingly higher above it.
2...break out from trendiline and at present trading above it.
3...cross of last swing high convincingly.
4...complete 5 wave (impulse) wave formation..

GOLD,SILVER

  NO any trade in gold and silver as it had made new swing high1682, 1684, after crossing 1679 direct,without any correction..This is,first sign of change of trend and strength of bulls so,just wait and watch...

NIFTY

Exited from the nifty buy position with more than 275 points profit...waiting for dip to buy again...

10-10-2011 trading strategies

Nothing new

NIFTY-hold nifty buy position initiated in between 4740 to 4780 zone, up to tgt lvl 5050 zone.trailing stoploss is 15 minutes candle close below 4960...cmp is 4988.current MTM profit is more than 200 points.

 GOLD-wait for 1678,1680 spot  level for good shorting oppurtinity,short there keeping 2 to 5 $ as stoploss and  15 minutes candle close above this level.if stoploss than reverse your position.go for buy keeping stoploss below 1678,1679$ level spot price and 15 minutes candle close below it.
SILVER-sell silver with gold's sell signal...reverse your trade with gold's level if your stoploss trigger.

Those who are working in MCX follow this trading strategy with prevailing price in indian rupees  at the time of gold at 1678$,1679$, spot...for both gold and silver...

Does the market go back and fill the gap it made a year and a half back or so?

According to me, gap theory is a myth and there is no reason that 2009 has to get filled. A lot of people have been waiting for that gap to get filled in the last two years. They have missed out the entire rally that has taken place post 13,000 on the Sensex. In 2003, when we started moving up from 3,000 levels on the Sensex there were lots of gaps in the market that have not been filled yet. So it is not necessary that gaps have to get filled.


Don't see more than 10% downside hereon: rakesh Jhunjhunwala 26 sept 2011

Nifty big time frame fibonacci levels...

Nifty with the similar kind of pattern with dow jones,both are taking support at 38.2% level.

dow jones 2 possibilties

Dow jones 2 possibilities,both are with short term positive trend,and the big term trend decider level is 11900 to 11950 zone...above this level consider this correction is over..and start of super duper third wave...but,,,.if one more down wave than the levels mentioned on chart to consider as next support levels...Both nifty and dow jones had tested 38.2% levels...

Nifty hourly chart, bullish view continue..tgt near 5050 zone

I was waiting for 4720,4700 zone to initiate my low risk additional big entry..but because of global rally..my level not come and missed the good opportunity to initiate heavy positions in big lots..actually this 4750 to 4700 is a good buying  zone, and this 4700 level is a confirmed bottom, so i had started buying in this zone after exiting from all my shorts positions(told my blog readers to exit from short positions near 4720 in 4-10-2011 nifty post), and wants to add big lots in addition to this initial good quantity positions,, exactly near 4700 because, at this level your stop loss is almost your buying price..or just 10 to 25 points, with risk reward ratio is in between 1:15 to 1:30 ...............Any way this happens so many times because our mkt heavily connected with fii's actions,.and their decisions totally depends on global factors not in line with our technicals,so we have to live with this facts..our technicals alone is not working.Just accept it,and find  your proper way.

Nifty divergence,after 10 months of correction