Sunday, December 28, 2014

Nifty : Lows and Highs for Jan 2015

Time Tuned Nifty

Time Tuned Nifty for Jan 2015

The expiry for Jan 2015 has started and it will be worthwhile to see what is likely to happen in this expiry.  In this expiry, the high and low zones are likely to be as below:

High Zones :  31 Dec, 21 Jan
Low Zones :  06, 15, 16/17


In the shorter TF, it may be shorted tomorrow around 1145 (possible 8220) for a low around 1500 (possible 8147/8110/8080).  Here a long position may be initiated above 8080 for a high in around 3-4 days (possible 8500-8550/8627+).  This will be the zone to short.

All the best.

Sunday, December 21, 2014

Edgy Bulls are Going to Sink the Ship

Time Tuned Nifty

Time Tuned Nifty for 22/12/2014
While the educational appreciation is on the other blog at Nifty Trade Setup, the timing is what I am going to concentrate on at this place.

Low at close on Monday. 1525 - 0930 next day.
Tuesday could be gap up opening and then a fall.  Ensuing low zone may be defined later.

All the best.

Monday, December 08, 2014

Nifty 09 December 2014

Time Tuned Nifty

Time Tuned Nifty for09 Dec 2014

The high low zones for tomorrow could be as below:

High - 0940 (8450)  /  1230 (8470/8500)

Low - 0930 (8430)  /  1045 (8425/8370) 

Crucial point is 8424 which defines the move as an impulse. 

But would it not be an impulse, if it does not do so? ...Can't really say, but it will create the confusion between an LD and a corrective.....which is part and parcel of the markets.

All the best.

Monday, December 01, 2014

Nifty 02 Dec 2014

Time Tuned Nifty

Time Tuned Nifty for 02 December 2014

In given situation, the time tuning has become complicated.  Nifty has scope to go further down to 8520.  If it has to happen, it may happen by 1100.  Simultaneously, Nifty may also test or breach the previous high. If that has to happen, it may happen around 1055.  Both times are very close to each other.  However, if volatility precedes the RBI policy, both may happen.

I am moving to larger time frame to get some clarity.  In larger time frame, the current upmove may finish around 1055 and hence my bet will be towards long side till this time.  If it does not happen at this time, the possibility of any further high will shift to Wednesday ie 03 Dec 2014. However,, if the high does come around 1055, the next low will be defined for 1100 or later.

Crucial support is at 8520 and resistance is at 8580.  Breach of these levels will indicate where the target lies.

Rest as the moves progress tomorrow.

All the best.

PS. At larger TF, any major low will come after 6 to 7 trading sessions.