Is the Low Established in Nifty on 13 November 2015.

Time Tuned Nifty

Time Tuned Nifty for 13 November and Later

I had written about my perceptions on Nifty at Nifty on 05 Nov 2015 and Later : Possible Impact of / on Bihar Election where I had mentioned that 13 November would be a day of low.  So far, it has turned out in that manner, but question remains whether the fall is over and done with.  As far as I am concerned, I may have flawed due to some holidays this month, which may have been missed.  Currently, the low zone of Friday the 13th, looks good to me, but there is possibility of another low on 19 November.

This is what I perceive for the time being.  Nifty needs to hold 7720-7710 band.  If it does so, it should rise to first test 7850/7950/8130 on 17-18 November and then make the low on 19 November, which may not go lower than the recent low it makes.  I expect a dip to 7739 at the most.  After 19th, Nifty may again rise to make a high on 24/26 th.  I perceive that 8130 should be tested during this expiry and it would be a crucial level to identify further course Nifty takes.

As long as the UTL of 9119-8655 is held, broader trend remains down.  This TL will be hovering around 8250 on 24/26 November.

The trade setup for now is simple.  SL 7710 or 7530 as per risk appetite.  Go long as close to 7720 as possible (or above 7780) for targets of 7850/7950/8130/8250.  If and when it reaches above 8130,  prepare and go for shorts as close to 8250 or below 8130 for a new recent low with SL of 8260 or 8340 depending on the risk appetite.

Summary

18 Nov 2015 - A high around 1200-1215 when 7850 is highly probable.

19 Nov 2015 - A low zone.  Time yet to be defined.  A retest of the low would be possible on this day.

24/26 Nov 2015 - A high at closing hours.  7850/7950 are very likely. May test 8130/8250.   The corrective to the entire fall from 8337 should finish at this time.

02-04 Dec 2015 - Not accurately defined, but possibly on these days the next leg of the fall may finish.  If it indeed does, we may see levels lower than 7530 and may be lower.

Readers may again keep in mind that major moves may not come in this expiry.  The extremes are indicated in Mid December.

All the best.

Happy Diwali 2015

Wishing all the members a very happy and prosperous Diwali.  May Godess Lakshmi shower her blessing to all of you.  God bless.

 

 

Nifty on 05 Nov 2015 and Later : Possible Impact of / on Bihar Election

Time Tuned Nifty

Time Tuned Nifty for 

The current week as well as next week are full of events that may move the markets substantially. There are plenty of news from USA coming and then we have Bihar exit polls and the result on Sunday.  On various occasions I have maintained that TA at times also indicates the outcome of a pending news. Let us see what is expected in next 4-6 days.

Tomorrow between 0945-1000 hrs a high should be established.  I am expecting a visit to 8130-8140. Above this band, bears are likely to get massacred and hence SLs should be tight for shorts and shorts are indeed advised. 

Once this high is done (presumably at 8137) Nifty is likely to head towards 8040 and reach there towards closing 30 minutes tomorrow (05 November 2015).  With shorts initiated at or near 8137, aim to get into CEs, if 8040-50 is seen around 1500-1530 hrs and hold. 

I am expecting a lot of volatility for next 4-7 trading days, which works out to 10-13 Nov 2015.  After the possible low at 1500-1530 hrs tomorrow, Nifty remains above 8040, it may head higher to peak on 10/12/13 th Nov.  Possible targets in that case would be 8270-80 above which we should start looking for a new high for Nifty.

Summary

05 Nov 2015 - A high around 1000-1015 and a low between 1500-1530 (May come at the opening of next day)

06 Nov 2015 - A high at 1145-1200 hrs.  Low yet to be defined.

09 Nov 2015 - A high at closing hours.  May test 8160/8270.   The corrective to the fall from 8337 should finish at this time.

13 Nov 2015 - Not accurately defined yet, but possibly on this day the C to the fall may finish.  If it indeed does, we may see 7850-7800 and may be lower.

Readers may keep in mind that major moves may not come in this expiry.  The extremes are indicated in Mid December.  Whichever side it moves, the current extremes are likely to get stretched by then.  We may see Nifty above 9200 or below 7500 in this period.  Keep the intended positions covered with cheaper options.  Also be miserly with initiating the position as well as with your SLs.  e.g  A short initiated near 8130-40 band, must have a SL at 8145/8150 coz above these levels, Nifty may head for 8270.  If it does not, and gets below 8130 again, re-initiate shorts with SL a tick higher than the high made.

All the best.

Nov 2015 and Ahead

Time Tuned Nifty

Time Tuned Nifty for Nov 2015

I had written my appreciation for Oct in my last post at October 2015 and Ahead . Nifty is on the verge of making 8360 and that may happen Either on 26-27 Oct or on 30 Oct-02 Nov.

Once this high is established,  look for shorts between 8360-8370 with SL of 8400+ for a target of 7950/7500/7250.  As long as 8370-8400 band is held, it is possible to see these figures in mid Nov to end of Dec.  More refined indications may emerge later.

October 2015 and Ahead

Time Tuned Nifty

As long as 7723 is held, 8225/8360/8570 is under threat. Possible to see this on Oct/01 or Oct/04 or Oct/26. Below 7760, a threat to 7620/7534/7340/7080 will emerge. Possible on Oct/26-28 or Dec/21.

In all likelihood, nifty seems to be headed higher and ideal long zone would be 7760-7770, with SL of 7723 or 7590-7600 with SL of 7530. Target could be 8225/8360/8570 and may be much higher later.

 Sensing that 11000+ may be coming in Jun 2016.

Nifty Nearing the End of Fall

Time Tuned Nifty

Time Tuned Nifty on 02,September 2015

Let us first see EW.

A=9119-7940=1179
B=8040-8665=625
C=8665-7669=996 so far.  Ideal at A=C will be 7486.  So far the moves from 8665 are on course, both in terms of value and time.  As indicated in my previous post,  03 or 04 Sep 2015 can be a major low zone.  Bears should be cautious for a sharp rise.  From tomorrow onwards, bulls will be waiting to lauch the penultimate attack on bears.  Their aim most likely will be 10144or higher.  What I expect for tomorrow is that a minor rise may take place in the morning trade followed by a sharp dip to get below the last low by close or by early morning on 04 Sep.Point to watch is 7586/7450/7300.

Nifty as Perceived on 28 Jul 2015

Time Tuned Nifty

Time Tuned Nifty for 28 Jul 2015

Nifty made a high of 8654 during the current rise and it seems that bears may have started to regain control.

However, it did start the downmove for the earlier defined low day of 27 July, which has now shifted to 30 July 2015. 8510-8520 zone again becomes crucial and will probably be the defining zone to indicate whether Nifty will make a new high in August 2015 (between 02-08 Aug) or it will go down to make a new lower low in October/November 2015.

What could be possible now may be as below:

30 July - A dip to 8175/8060 zone.
03-06 Aug - A rise to 8520, which may further go to a level around 9100, if 8520 is taken and sustained.
07 Oct - A low zone, which may correspond to 7000 or so.
A high zone that may be defined later and may test 7700-7800.
30 Nov - 06 Dec - A low zone, which may test 6700 or so.

Recent high and low remain crucial.

Nifty Now ?

Time Tuned Nifty

Time Tuned Nifty for 18 June 2015

Nifty did go on to test 8300 region as perceived, but bears were unable to retain the pressure.

What could be possible now may be as below:

27 July - A dip to 8300-8090 zone.  Below 7940, possibility of 7500/7300 will emerge.
03-06 Aug - A rise to 8800 - 9200, which may further go to a level between 9700-10200.

8510 remains crucial for now for bulls.  Any dip below this should be used to close longs and go short.

Today's high /8562 would remain the datum for those who wish to ride the dip.

Nifty for 18 June 2015

Time Tuned Nifty

Time Tuned Nifty for 18 June 2015

Nifty did go on to battle at 8125+5 as perceived in my update yesterday, but bulls were unable to retain the gains in the closing hours.

What could be possible tomorrow during the intraday trade may be as below:

Open to 0940 - A pop to 8110-8120.
1045 to 1100 - A dip to 8030, which may further dip to a level between 7960-7950.
1415 to 1430 - A high, which may go to 8330.

7939 remains the SL for now for bulls.  Any dip to 8030 (or to 7960-50) should be used to go long.

Today's high could be taken as datum by those who wish to ride the dip, not advisable though.

Review  19 Jun 2015 at 0930 hrs

It seems that 8330/8380 will be postponed for another day.  High may be already in place.  8230 could be the extreme and above this, bulls may regain confidence.

Today is 19 Jun 2015, a day of high.  Next low may come on 25 Jun 2015, which may or may not make a new low.  Keeping 8230 as SL and going short.  I must hold till 25th or till 8230 is taken out.

Review  19 Jun 2015 at 1015 hrs

 Shorts may be initiated now or may be held till 1100 hrs, where I will double up my positions in shorts.

Review  25 Jun 2015 at 0850 hrs

The high has not only extended beyond 19 Jun 2015, it has now reached a phase where it may continue higher.  The rise may end on 17 August 2015, with an intermediate high around 04 August.

8315 and 8420 will remain crucial for the respective side move.

Review  02 July 2015 at 0850 hrs

The high of 8480 becomes the key.  If 8435 is breached, a possibility for a dip to 8310-8300 by tomorrow, expectedly at 1030 or later, will emerge.  If 8300 is also taken, the possibility of a test of lows by 15 Jul 2015 will be highly probable.

8435/8300 and 8490 will remain crucial for the respective side move.

Perceptions on 15 Jun 2015

Time Tuned Nifty

Time Tuned Nifty for 15 Jun 2015

Today is 15 Jun 2015 and as expected, Nifty is sitting at the lows of current fall.  7930-7935 could be the immediate support.

WW - The current fall could be the backtest of a WW that was formed in the previous fall to 7997.  In addition, another WW has been completed from 8065 on 07 Jan 2015.  Targets of both WWs are way North of previous high of 9119 and may go above 9800 with possibility to shave off 10K by Aug 2015.

The fall from 9119 may be either complete as a CT, or , it may just be E.a of  this CT with b and c to follow.  Immediate resistances are at 8300 and 8380.  Above these, the rise may pick up pace for re-testing the lifetime highs.

Time-wise 15 Jun 2015 may see an attempt to test the recent low of 7940, which may stall at 7930-7935 band.  If this happens, longs to be initiated for 8300/8380 by 19 Jun 2015 with a tight SL.

On 19 Jun 2015, if Nifty stays below 8380-8400, close all longs and go short.  However, if it crosses 8400 and sustains, cover longs and hold.

Crucial dates-

15 Jun 2015 for a low.

19 Jun 2015 for a high.  Look for 8300/8380/8570

13 July 2015 for a low.  If remains below 8380 on 19 Jun, look for 7670/7500 else look for 8210/8120.

Review 16 Jun 2015

Battle of bulls and bears should now shift to 8125+5 points.  In all likelihood, the bulls should win and push the battle zone higher towards 8380-8400 .  Will they be able to sustain their gains may be clear on 19 Jun 2015.  Bears should hold their horses and bulls should hold their positions.

My First Private Note

Time Tuned Nifty

Time Tuned Nifty for Jun 2015

Today on 26 May 2015, the fight was for 8365.9, which the bulls lost.

Tomorrow on 27 May 2015, the fight will shift to 8423.  Expected that the bulls will loose again.  A close above 8398 is highly likely.

1000-1015 could be the immediate high zone tomorrow.

The rising UTL lies at 8325 tomorrow and will also be the crucial level. 8345, 8450 and 8540 will remain crucial resistances for tomorrow.

27 May could be a possible high day for now.  28 May could be a day of low.

Currently, there are no high zones visible for Jun 2015.  The nearest significant high could be on 15 July and the peak may be around 08 August

There is one low zone on Jun 05/06 provided 8489 remains intact.  On that day, as low as 7990 could be targeted.

29 May 2015 1100 hrs

1145-1200 hrs is a possible high zone.  I do not expect Nifty to go beyond 8425.  Aim to go short between 8415-8425 for 8000.  SL will be around 8430, but will be kept mentally.

Jun/03-06 remains a possible low.

Today, the battle is for securing 8370 at close.  Let us see, who wins.

 03 June 2015 1230 hrs

The band of low has started from today.  Shorts should become cautious.  Critical zone is 8130-8140 and 7980-90.  If the former is reclaimed and sustained, initiate long.  Otherwise, remain on short side till 15 June 2015.

Today's close is critical at 8335.  Below this the bears will still have the upper hand. 

Extreme targets could be 9000 on the up and 7300 on the down side.

Adieus

Time Tuned Nifty

I had written in my initial post that I have severe constraint on the time that I can devote to this blog.  In past, I wrote few posts, which may have benefited some and may have confused many.  During the time since I wrote my first post on the blog, the constraints of time continued to be felt and now at this juncture, I am unable to find any more time to write the blog.

Due to these constraints, I have decided to discontinue the blog and convert it to a place of personal notes, which I can access from anywhere.  Other readers will be unable to see my posts after a week.

Inconvenience, if any, to any reader, is deeply regretted.

All the best to all of you and adieus.

What now?

Time Tuned Nifty

I had been sensing a high on 18 May 15.  Nifty did make a high, but did not go to the extent I thought it would go.  What may follow now is as below:

20 May : A low is scheduled and it may stretch to the forenoon hours of 21st.

Subsequent moves later, as much lower levels are likely to be targeted and higher levels may have to hold for some time now.  Key zones are 8380-8400 and 8200-8210.  Above the higher band, it may go on to make higher levels to reset the high.  Below lower band, it may even target 7300 or lower.  How and when?  Will emerge later.

For now, 1045-1100 is a high zone and may not cross 8380 for the day.

May 2015

Time Tuned Nifty

Time Tuned Nifty for May 2015

The current fall from 8844 is likely to continue till 20 May 2015.  Subsequent move will be a fresh upmove or a correction to the current fall will be visible later. 

For now, Bears should tighten the SLs on 20th.  Bulls should hold their horses till then before entering positions  with appropriate SLs.

After 20th, the targets I am looking at are 8370/8600/9100/9900 on the upside.  But before that, it  troubles me to notice that 5th of Wolfe wave is still incomplete. The fall may stretch till 8000 or a little lower, if it chooses to do so.. 

All the best to the readers.

PS: I am going to be very busy these days to be able to provide much help on the updates.  Readers must keep appropriate cover for any positions taken. 

Intraday 27 April 2015

Time Tuned Nifty

Time Tuned Nifty for 27 April 2015

The high and low zone are as below:


0930 - High Zone (Expect a sharp rise to 8365 and a mandatory rise above 8363.05)

1315 to 1330  - Low zone (Expect a low of 8140-8150.  May follow 8365-70 > 8270-60 > 8305-10 > 8150-8140)


The low at 131501330 may mark the end of this fall.  What would follow is a rise that should make the first halt possibly on 30 Apr 2015.  On that it may reach as high as 8700.


All the best

Intraday 24 Apr 2015

Time Tuned Nifty

Time Tuned Nifty for24 Apr 2015


1025 - Low Zone.  Possible targets could be 8353/8326/8230

1345 - High Zone.  Possible targets could be 8400/8590 and if dips  below 8284, the timings will change.

The best option for me seems to be a dip to 8326, a grinding rise to 8400 and then a fall to make the lowest point on Monday.

All the best.

Next Three Days

Time Tuned Nifty

Time Tuned Nifty for 23 - 24 Apr 2015

Before I give the timings, let me touch upon some generic issues.  Nifty seems to have gone into an ED from 8463 and has completed first two fractals of this ED. If this perception is correct, then Nifty is unlikely to cross 8463 till the ED gets completed.

There is a WW developing and the current fall is shaping the last leg of the pattern.  If it indeed is developing as a WW, then it must go below 8160 roughly and 10 points of error on both side may be kept in mind for inaccuracies in my drawing.  This apart, the last leg by itself may get completed at 8140 or so.  As long as this leg gets below 8170, any number would be fine.

In one of my previous posts "Finale 15 Apr 2015", I had mentioned low days as 20, 23 and 25.  While I regret the mention of 25(being a Saturday) instead of 27, what I intend to bring out is the possibilities that may emerge within this framework.  If the intent of Nifty is to indeed go towards 8140, then it may dip to 8230-8220 on 23 without breaching 8463, then subsequently it would come to 8380/8432 roughly before dipping again in the morning hours of Monday, the 27th to make 8140.

It may also happen that the entire setup I have narrated here turns into rubbish at the opening bell itself.  Indicator would be a breach of 8463.

The timings for the high/low zone for these three days are as below:

23/1300 - Conflict zone.  I expect it to favour a low and this is where the low may be made.  May coincide with 8230. Confirmation will be a breach back of UTL of last channel sharply.

 24/1300 - High zone.  Provided 8230 is ticked on 23rd.  Otherwise, this will have to change.  A rise to 8380/8430 may be expected.

27/Morning hours - Low Zone.  The fall may finish possibly at 8140.

All the best.

Intraday 22 Apr 15

Time Tuned Nifty

Time Tuned Nifty for22 Apr 2015


1110 - Low zone.  Expect a new low around 8350/8330

1145- High zone. Expect 8415/8460.

1205 - Low zone.

1400 - High zone.  Expect a rise to 8410/8510

1520 - High zone.  Expect a rise to 8555

All the best.

Will Nifty Continue to Fall? - 17 Apr 2015

Time Tuned Nifty

Time Tuned Nifty for 17 Apr 2015


The High/Low zones for tomorrow the 17th of April 2015:

0930 - High zone (Should not go above 8715)

1030 - Low zone (8685/8660/8625 may be on cards. But at this time if Nifty holds above 8685, longs may be initiated)

1130 - High zone (If Nifty is trading below 8685 at the previous low, this high may test 8700 and only if starts to trade above this level, the target can be shifted for 8765.  If Nifty is already trading above 8685, 8765 should be the target)

1345 - Conflict zone (This may have a high or a low or both with lot of volatility.   Downside targets could be 8645/8600/8535.  Upside targets could be 8725/8835)

Note: These timing would change if the extremities of the past move change.  Readers are requested to use discretion while trading on these views.

Finale 15 Apr 2015

Time Tuned Nifty

Time Tuned Nifty for 15 to 25 April 2015

As per my perception, tomorrow is the last day for the current move.  Day range looks to be 8910-30/8820.  If 8820 is taken, 8660 will be the key for close, roughly.  Time for peak could be at 1100 or 1300 roughly.

Anticipating Nifty to hit 8910-30 and then dip back to 8820, where it may see a struggle.  But if it is going to be a stylish C, it may just shave it as a heap of sand and move to try a close below 8660.

Aim will be to get a short position as close to 8930 or at 1300 hrs with SL of 9120 initially till 8820 is decisively taken.

Low zones are likely to come on 20/23/25 of this month.

All the best.

April 2015

Time Tuned Nifty

Time Tuned Nifty for April 2015

The current rise from 8269 is likely to continue till 15 April 2015.  The high of this move may be made anytime between 1200-1300 hrs on that day.  Subsequent move will be a fresh down move or a correction to the current move will be visible later. 

For now, Bulls should tighten the SLs on 15th.  Bears should hold their horses till 15th 1300 hrs before entering positions  with appropriate SLs.

The targets I am looking at are 8840/8940/9030 on the upside and 8400/8350/8200 on the downside after 15th.  If the low starts, it may end or make the first halt on 24th roughly. 

All the best to the readers.

PS: I am going to be very busy these days to be able to provide much help on the updates.  Readers must keep appropriate cover for any positions taken. 

Nifty Short term 18 Mar 2015

Time Tuned Nifty

Time Tuned Nifty on 18 Mar 2015

High scheduled for Friday close or Monday open ie 20/23 March. Expectedly 8765 and 8950 could be the targets. May still have scope to linger around for 3-4 days more before dipping further. If the recent low is taken, 02/03 Apr could be a significant low and that may look at 8250.

March 2015 for Nifty.

Time Tuned Nifty

Time Tuned Nifty for March 2015

I am extremely short of time and hence will be brief.

10 March could be a significant high for this month.  Rest later.

Update for January 2015

Time Tuned Nifty

Time Tuned Nifty Updated for January 2015

I had written the following in my last post at 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.

Update:While the time zones have worked out so far, a thought must have indeed crossed the readers about a high between 06 and 15 Jan 2015.  While this high was not visible at the time of writing the post, it is now visible and is slated for  Jan/12 or 13.  Most likely to happen on 13th around noon.

So, let me update the list here,

High Zones :  31 Dec, 12/13, 21/22 Jan
Low Zones :  06, 15, 16/17

Areas to be cautious about, depending on which side the individual reader is positioned, are:

TL 8627-8446  Around 8400 on daily tomorrow

TL 8066-8190 Around 8250 on daily tomorrow and 8225 in the first hour tomorrow.

All the best.