Tuesday, June 30, 2015

CNBC TV 18 Midcap Radar, Nifty trend with stocks Video update

CNBC TV18 video update. Discussion on direction of Nifty and stock recommendations. For subscription to various research including Elliott wav eon Nifty along with stocks, Gold, Forex visit www.wavesstrategy.com

Monday, June 29, 2015

Power of Time cycles to predict Neo wave pattern along with Channels!

The below research highlights the power of Time cycles applied along with important concepts of Neo wave – Elliott wave and Channels.
The headline might look complicated with many advanced studies of technical analysis combined together but at times when market is moving in complex patterns it is necessary to take a step forward and understand these techniques. Nifty and Sensex moved down by nearly 2% so far in today’s trading session which might be now logically attributed to the cracking Shanghai – Chinese index and Greek debt crisis. However, it cannot be mere coincidence that the reversal in Nifty has happened exactly near the channel resistance, post 49 days of topping Time cycle and expected Neo wave pattern outcome. Irrespective of the news these techniques warned about the maturity of recent up move…

Now look at the below chart to see what I mean by the above technical tools:

Nifty daily chart:

Over past few days we have been mentioning the following in our daily research report “The Financial Waves short term update” –

China stock index - Shanghai Composite has been in news given very sharp down move in last week which indicates that an important short term top for few months is formed in that market. However, over long run the rise before this fall in Shanghai composite has been impulsive in nature which suggest that the long term trend for China is on upside and we are witnessing only a correction to the up move from 2000 to 5200 levels. We are not looking a bust of a bubble but just a rhythmic correction of the impulsive rise which is part of any economic cycle. However, over short term the correction can spread across to the neighboring countries as well.

As shown in daily chart, after witnessing the 8 days of up move from 7940 to 8420, prices are consolidating from last 3 trading sessions. The current zone is intersection of two channels along with 200 days Moving average with 49 days Time cycle. This is an inflexion point and a decisive break below 8250 will reverse the trend back towards sub ………… mark.

Given the series of resistances at current levels and failure of prices to cross above 8470 so far indicates that the up move is in matured stage and one should not be surprised to see reversal from this key area.

In short, there can be a Gap down opening today which will happen from the 49 days Time cycle along with series of channel intersection that we have been highlighting over past few days. A sustainable Gap down move will resume downtrend towards sub …….. levels! Such Gapping action is the reason why we have stayed cautious during the current uptrend which is without any accumulation or base formation. The euphoria that many have been talking about for move above 9500++ levels will now subside equally fast!

Here is your chance to learn each of the above mentioned techniques and trade using scientific and systematic methods. Trading is all about probability and there are only a few number of times when majority of technical indicators are aligned together pointing at the same direction. Attend the two days of Training Seminar on “Neo wave – Advanced Elliott wave along with Time cycles – Best trade setups” to be held on 11th and 12th of July. This can be one of the best investments you can make during such challenging market environment. To register for this event contact us at +91 22 28831358 / +91 9920422202 or write to us at helpdesk@wavesstrategy.com Along with this get one month of Neo wave research report absolutely FREE to see how we are practically applying the techniques learned. Also get after training support by posting your queries and charts directly on our Discussion Forum to gain expertise.

Thursday, June 25, 2015

Banking Nifty: How to combine Elliott wave with Time cycles?

Bank Nifty is important sector and participation of this sector is very vital to know the overall strength or weakness in Indian Equity Markets.
Overall structure of the same is explained below.

Time cycle is a very important component that is probably missing in Elliott wave or Neo wave. This theory focuses more on prices. It is therefore important to understand the Time cycle concept because even if you right in the overall direction of the market but cannot time it well then trading can still result into negative returns. Below we have explained how Time cycles are combined along with Elliott wave.

Bank Nifty daily chart with 108 days Time cycle

Elliott wave: As shown in daily chart, this index has showed best of the up move from August 2013 till start of 2015 and post that prices have been correcting on downside. As per Elliott wave perspective, prices have completed 5 waves at the high of 20900 levels. Post that index has made lower highs lower lows formation which indicates that medium term downside correction is ongoing. Prices are intact within downward moving red channel and as long as sustains below the pivot resistance of 18850 level trend will remain negative. 60 days Exponential moving average has been providing the important information. During the up run of last 1.5 years prices found support however as of now same is broken decisively which indicates negativity.

Time cycle of 108 days: When we apply one of the Hurst Time cycles of 108 days we get a very good reversal areas as shown on the above chart. This time as well prices formed a low exactly at the cycle low near 12th June and this index bounced back from near 17200 to near 18500 levels.

Bank Nifty is a leading sector and formed a top even before Nifty. Now it will be crucial to see if the series of lower highs and lower lows is broken or prices again turn back down from the downward sloping channel resistance.

During such juncture it is important to understand the crucial turning areas along with the internal Elliott wave structure.

To know what is next from here subscribe to “The Financial Waves short term update” and get indepth analysis on the overall direction of Nifty along with applied technical analysis on 3 different stocks. Visit Pricing page for subscription options.

Attend the 2 days training workshop that will provide in-depth analysis on Advanced concepts of Elliott wave – Neo wave and how it can be combined with Time cycles. It focuses not only on Price but also onTime which is an important element for any trader or investor.

Tuesday, June 23, 2015

CNBC TV18 Midcap Radar stock picks Ashish Kyal 20150623

Ashish Kyal, CMT on CNBC TV18 discussing Indian midcap stocks in this volatile market environment. For indepth research using Elliott wave visit www.wavesstrategy.com. Contact us at helpdesk@wavesstrategy.com or call on +91 22 28831358.


Neo Wave and Time Cycles Training- Practical application and Trade setups

Elliott Wave, Neo Wave and Time Cycles are one of the most advanced concepts of technical analysis. Ashish Kyal, CMT will be conducting Most Advanced Technical Analysis Training – Neo wave and Time Cycles in Mumbai on 11-12 July 2015.

Register now and get Early bird Discount!

For more details write to us at helpdesk@wavesstrategy.com or call us on +91 9920422202/+91 22 28831358

Thursday, June 18, 2015

Elliott wave, Time Cycles on Nifty, Is this a temporary pullback?

Elliott wave, Time Cycles on Nifty, Is this a temporary pullback? Attend two days training on Neo wave with Time cycles on 11th and 12th July 2015. For more details visit www.wavesstrategy.com or contact us at helpdesk@wavesstrategy.com or on +91 22 28831358 / +91 9920422202.