Nifty View for 01-03-2013

Out of 4 probabilites expected yesterday, only two probabilities survived and those two probabilities are listed here...

How?

option d ruled out.. because we didn't seen levels of 5878 and turned down before that... 

option c also ruled out as nifty gone below 5718.... Ending diagonal ruled out... 

Nifty might heading to 5630-50 may be tmrw and a bounce is likely not more than 5750 in coming days and again dip below 5630 once again down to complete iii or Y.a.... 

Nifty View for 28-02-2013

As expected Nifty done consolidation with in the range and entered our shorting zone and hope many would have accumulated shorts in the red zone with SL 5824.2...

Today's move as created so many probabilities and i mentioned all probabilities are here along with stop loss....

Some are mildly bullish and some are extremely bearish...

Market operates on probabilities and if i miss any one in our study, then tomorrow if market does that then we dont know what to do next...

Each probabilty becomes improbable if certain levels are taken out...

Hope it will be useful for you.. 

Nifty View for 27-02-2013

 Though I expected Nifty will play out Expanding triangle pattern, break of lower trend line of triangle implied my assumption is wrong.. which eventually triggered the stop loss..

Now the down move as playing out two options from 6112-5748.6* as follows....

Nifty View for 26-02-2013

Today nifty in the opening bell completed Y.b just a tick above 5873.80 and didn't continued as expected (upto 5884-86 max 5904) made new low via Y.c (5825) which posted positive divergence on 5 mins chart..

Now criteria for long is fulfilled and I hinted yesterday to create long below 5836 slowly. Hope the oppurtunity might be utilised to create longs.

Now create longs on dips 5835-45 levels with SL 5834 for targets above 5900+.

This expanding triangle wave e can be any form (mostly double zigzag) and will do 5971+...

This triangle view will get violated below 5816...

As E not yet formed it is difficult to tell pattern but it will do min 5971+...

Before Budget 5971+, after budget who knows might be free fall... Will be able to tell only end of this wave corrective  impulse..

   

Hourly divergence will give clue for end of this upmove..

Nifty View for 25-02-2013

Out of two probabilities posted yesterday, morning opening bell tick below 5843 ruled out Expanded flat pattern probability.
Alternate probability holds valid till this time....
Though Nifty made lower low than yesterday low, but positive divergence on  5 mins positive divergence expected  is not completed...
So this still triangle d story continues...One more lower low required to complete the pattern....

Monday Trade plan/ Budget week plan:

i) Initiate long with sl 5835.50 for targets upto 45+ pts from end of (b)...

ii) Initiate short with sl 5901 for targets below 5835.50 wherever this upmove end b..

iii) Initiate long below 5835.50 for targets above 5970+

Nifty View for 22-02-13

Morning we ticked below pink line and impulse labels washed out and took our SL at 5902...

Tick below 5902 has made 2 probabilties both are given in the picture:

Lacks of positive divergence on 5 mins signals me this move may take out 5843 also and dip to yellow line (Option2)....
Or we may spike in the morning say 5880-83 and fall below 5844.4 but not below 5843 to positive divergence on 5 mins, then option 1 comes to picture...
How far it can down till the yellow line... lets see whether it holds..
If holds expected bounce may come...
What if yellow breaks and goes further below, i dont know now...
Both the views if holds ,we may see formal bull rally before budget...

Nifty view for 21-02-2013

Tomorrow Nifty will attain levels of 5915-5910 before 11.30 AM...
Wait patiently and take longs in the range 5915-5910 with SL 5902 and will march to  levels above 5971+ min ....
Exit longs slowly above 5971 levels and mostly this move will end less than 6004...

i 5853.90 5911.00 57.10
ii 5911.00 5883.15 -27.85 -0.49*i
iii 5883.15 5971.00 87.85 1.54*i (Not extended)
iv 5971.00 5911.00* -60.00* -0.68*iii (overlap with i must so min 5911 levels expected)
iv.a: 5971.00 5938.15 32.85
iv.b: 5938.15 5956.25 -18.10 -0.55*iv.a
iv.c: 5956.25 5903.09 53.15 1.618*iv.c

v 5911.00 6003.39 92.39 1.618*i

Nifty view for 20-02-2013

As expected yesterday, today nifty started doing C.iii let see how far it can go... but it is restricted at 6001... Initiate longs on dips with SL 5896.1.. Below 5896.1 big C started...
Fractals of small C:
i 5853.90 5911.00 57.10
ii 5911.00 5883.15 -27.85 -0.49*i
iii* 5883.15 5947.55*
Will do 5975.54@1.618*a

Fractals of small C in depth:
i.a 5853.90 5899.95 46.05
i.b 5899.95 5874.15 -25.80
i.c 5874.15 5911.00 36.85
ii.a 5911.00 5893.05 -17.95
ii.b 5893.05 5903.15 10.10
ii.c 5903.15 5883.15 -20.00
iii* 5883.15 5947.55* 64.40*
Fractals of iii, I am not giving as it seems iii.a still continuing..

Nifty view for 19.02.2013

Yesterday view with some updations:
i 5853.90 5899.95 46.05
ii 5899.95 5874.15 -25.80
iii.i 5874.15 5911.00 36.85
iii.ii 5911.00 5893.05* -17.95
iii.iii 5893.05* 59**
Looking for first target 5952 rest nifty will tell...
Alternate count:
i 5853.90 5899.95 46.05
ii.a 5899.95 5874.15 -25.80
ii.b 5874.15 5911.00 36.85
ii.c 5911.00 5893.05* -17.95
But in this count ii.b irregular flat done 1.41*a, so i am ruling out...

Impulse 0-2 channels also broken, so stay cautious on longs with SL 5874.15...

Nifty view for 18.02.2013

Nifty:
Expanded flat B in play as expected... and this expanded flat B is valid till 5844 is not breached....
Wait patiently to trade Big C short or do long B.c now...

Nifty view for 15-02-2013 & 18-02-2013

If anyone followed me, hope it might be a bad day as series of stop losses triggered and made big loss (30+ pts)...
Expanded flat/normal wave in play....
Next risk less zone to go long at 5845-50 with stop loss 5840 for targets upto 5900 min(0.618*A) -5990(1.618*A) max...
MACD will give clue in 30 mins where this wave will end.. watch closely...

Nifty view for 14.02.2013

Yesterday i quoted the importance of 5953.6 as SL .. Nifty immediately rushed and hit the stop loss less than expected speed and signals Yb ended at 5978.5...
Now new B.a/C5.v in progress... (As 5823 was saved, it confirms C5.v might be in progress)
Will get answer eod of tmrw...
Stay long as long yellow lower trend line holds...
i 5879.10 5916.30 37.20
ii 5916.30 5886.45 -29.85 -0.80
iii 5886.45 5969.50 83.05 2.23*i
iv 5969.50 5923.15 -46.35 -0.56
v 5923.15 5983.34 60.19 1.618*i

A:   6112 5879.1 232.9
B: 5879.1 6023.03*... (6023 min-6065 max if corrective; if impulse beyond 6112+)  lets see so far it done 0.39*A...

Nifty View for 13/02/13

Nifty 15 mins:
i 5978.5 5927.1 51.4
ii 5927.1 5953.6 -26.5 -0.5
iii 5953.6 5879.1 74.5 1.51
iv 5879.1 5946.63 -67.5396 -0.67
v 5946.63 5849.07 97.5696 1.618*i
Note: As iii is not extended, v will be extended

iv.a 5879.1 5916.3 37.2
iv.b 5916.3 5886.45 -29.85 -0.80*a
iv.c 5886.45 5946.63 60.1896 1.618*a

iv.c1 5886.45 5916.7 30.25
iv.c2 5916.7 5903.5 -13.2
iv.c3 5903.5 5927.65 24.15
iv.c4 5927.65 5914.45 -13.2
iv.c5 5914.45 5937.6 23.15

Current move suggest nifty will dip to 5910-15 in the morning and followed by a rise upto 5937 max 5946.63...

Try to establish short 5935-5945 with SL 5953.6 for targets upto 5849....

Nifty View for 12/02/2013

Nifty 15 mins:
i 5978.50 5929.10 49.40 
ii 5929.10 5953.60 -24.50 -0.50
iii 5953.60 5879.10 74.50 1.51
iv 5879.10 5929.00 -49.90 -0.67
v 5929.00 5849.07 79.93

As iiird less than 1.618 expecting vth to do 1.618*i from end of iv...

iv.a 5879.10 5916.30 37.20
iv.b 5916.30 5891.80 -24.50 -0.66
iv.c 5891.80 5929.00
iv.c will do min 5915 and 5951 max...
Will try to establish short as close 5945-50 with SL 5955 for targets below 80 pts from end of iv....

Nifty View for 11/02/2013

Unexpected Yc extended... 

Bears again survived till wednesday...

Nifty View for 07/02/2013

 Expecting a dip tomorrow to complete IV and followed by V in coming days...