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.

Nifty 01 Dec 14

Time Tuned Nifty

Time Tuned Nifty for01 Dec 2014

Last week was very volatile courtesy expiry week.  Many moves could be anticipated in time and necessary updates were given as and when became feasible.  Time tuning so far has given a conservative success rate of 60%.  But the appreciable aspect is that when ever it is right or even in some cases when it does not get the anticipated targets, the move in the opposite direction is fierce.  This mandates to again caution the readers to keep tight SLs at the given timings.

The high and low zones for the forthcoming sessions is as below:

High Zones :  0945 hrs (8588/8614), 1230(8635/8646), 1230/03Dec 2014(8655/8680)

Low Zones :  1045 hrs (8560), 1145 (8554) Rest when the reversal is established.

Note : The values given in the brackets are possibilities and not guarantied levels for Nifty to reach at the corresponding times. Readers are advised caution against such misinterpretation.

All the best to all the readers for December Expiry.

24 November 2014 Nifty

Time Tuned Nifty

Time Tuned Nifty for 24 Nov 2014

Nifty has continued to scale the limits in the past couple of weeks and bears continue to remain on their toes.  While this state seems to be over or nearing its completion, certain key parameters should be kept in mind.

If Nifty goes past 8500, a substantial correction in this expiry is unlikely.  FNO in this expiry in such an eventuality should be avoidable and trades must shift to December expiry.  However, if 8500 is held, the brave hearts may try a target of 8400/8370 or possibly lower by close of Thursday trade.

The key high and low zones are as below:

Highs : 24/1000, 26/1045

Lows : 24/1200, 27/ 1200,  subject to 8490 remaining intact.  At or above 8503, the second low zone would shift to 28th.

I may be unable to update hence review of trades at these timings are advised.  Safer bet would be to shift to a trade of longer TF.

Downwards bias remains till 8540 is taken out.

All the best.

Time Tuned Nifty on 14 October 2014

Time Tuned Nifty on 14 October 2014

1. High zone at 0945.  Expect 7910.  Another should come a little later for 7920+
2. Low zone at 1000 hrs. Expect 7875.
3. High zone at 1200 hrs.
4. Low zone ....... will be defined tomorrow.
5. High zone at 1415-1430.  Lookout for 7950 and 8030 at this time.  Here all the long positions should be closed or covered.  Shorts to be initiated below 8030 only.  Possible target 7770/7750 on 16 October 2014.


Intraday update

1205 hrs is the new low zone.  Expect 7815.  Long here with SL 7795 for 8030+.
1400 hrs remains a high zone for today.  Till 7796 is intact.

 Intraday update2

Buy today at close and sell on 16 October between 1300 to 1310.

Time Tuned Nifty for 13 Oct 2014

Nifty is at a very crucial stage and may go any where.  Times like these are the testing events for any method to show its reliability.  Given the situation I was resisting myself from posting anything today, but then I thought of putting this method and reliability to another test, which will be the first public testing. 

Here is what I perceive for 13 October 2014:-

0945 : High zone, expect 7890

1050-1055 : Low zone, expect a test of 7815 and a possible breach.  If breach happens wait for an update or follow your own methods for trade.

Subsequent zones are with a presumption that 7816 will be held and will become doubtful if that is breached.

1220-1230 : Another low zone.  The between 1055 and 1230 will be defined later.  Going by these, it appears that Nifty will test 7780 by 1230 although it is a little premature to state that.

High zones are not visible right now but they will get defined tomorrow.  The earliest high zone visible is around 1300 on 14 October but that, I am afraid, will change tomorrow if 7816 goes.

Outlook remains bearish and targeting 8540 may be held for some time.