Thursday, August 21, 2014

Nifty: How to use Fractal Nature to predict trends & targets?

Fractal nature exists across the universe right from the DNA in human body to the galaxy.
A natural phenomenon so integral to us has to exist even in stock markets. As per this concept patterns are repeatable and make them predictable at different degrees of time. We applied this concept recently to Nifty and showed it on 11th August morning research report. Below will give detailed view on how we predicted Nifty 1st target zone towards 7910 levels using Fractals!
Nifty 60 mins chart: (Anticipated on 11th August)
 Happened:
Published on 11th August 2014 in morning research“The Financial Waves short term update”
Fractal Nature in stock markets:
As shown on 60 mins chart, the recent action is very similar to that seen during the fall of 8th July to 14th July with the spikes in between due to Budget. In the recent fall from the highs of 7750 as well there is spike seen on Thursday which is then completely retraced on same day followed by fall on Friday. This phenomenon is known as Fractal naturei.e. market repeat similar structure on different degrees. Going by this pattern comparison some consolidation or pull back cannot be ruled out.
Published on 13th August 2014:
As shown on 60 mins chart, the down move in form of wave c is Ending diagonal pattern as discussed before. Yesterday’s sharp reversal has opened the possibility that wave e is complete at the lows of 7600 on 11th August itself. This makes wave e small in terms of price compared to other legs but from time perspective it has still consumed 5 hours. If I remember correctly suchsimilar action was last seen during the up move of January 2012 where the previous leg ended in Ending diagonal pattern with wave e truncating in exactly similar fashion. It was however on a daily degree but we are seeing this on hourly degree currently. The post pattern implication at that time was the high exceeded by the factor of 23.6% of the prior down leg and if current leg indeed behaves in similar fashion then the high of immediate preceding leg at 7840 should be breached and we can reach atleast towards 7910 levels.
To know the next target level on Nifty and what are the internal wave structures along with trading strategy subscribe to “The Financial Waves short term update” by visiting the http://www.wavesstrategy.com/index.php/store.html 
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Wednesday, August 20, 2014

L&T: How to trade short term reversals using Elliott wave, Fibonacci and RSI indicator?

Trading is all about probability and using objective techniques help in timing the trade. 
One should have a set of methods and wait for the opportunity before finally pulling the trigger. It should not be any different than playing a game of probability and following the rules very strictly.
The below article highlights on the trade setup we normally follow and publish in our research reports.
Larsen and Toubro 60 mins chart: Anticipated on 13th August 2014 
Happened:
The following is mentioned in the morning report “The Financial Waves short term update” on 13thAugust:
….. This wave …. has arrived near the channel support where currently prices are moving in sideways action. Momentum indicator RSI also arrived near the level of 30 from where it has reversed on upside many times. 100 days Exponential moving average is working very well as support since September 2014.
As shown in 60 mins chart, w……. Minor wave c has arrived near channel support from which bounce back on upside was witnessed in the last trading session. Now, move above 1510 will break immediate resistance and then move towards channel resistance can be expected which iscoming at 1550 levels. Break of this channel with stronger momentum will indicate that ………
In short, L&T has arrived at crucial levels. Move above 1510 will take prices towards 1550 levels. On downside 1440 will act as an important support.
L&T made a low at 1441.75, very well protected the pivot support level of 1440 and bounced back sharply from there.
Not only that, observe how well this stock has respected the 61.8% Fibonacci level.
So, Elliott wave, RSI, Channels, Fibonacci, Exponential Moving average all of these indicators strongly pointed towards one direction i.e. UP. Prices have now arrived near the channel resistance so what will be next target zone if it breaks? And which wave will it be? To know the answer subscribe now “The Financial Waves short term update” and get insights into Nifty along with 3 different stocks and the reason why we have been bullish on Indian markets since a week!!!

Tuesday, August 19, 2014

Nifty at lifetime highs: How to Predict the trend before it happens?

Nifty had a strong rally from the lows of 7540 and has now rallied more than 380 points and touched intraday high of 7918 in today’s training session.
Published on 13th August 2014 in morning before equity markets opened when Nifty crossed 7710 level!
Nifty 60 mins chart: 
Happened:
Following was mentioned on 13th August 2014,
In previous update we mentioned that “The entire move on downside from the high of 7840 is enclosed within the red channel and close above 7710 will be first sign of positive reversal which will break the previous pivot high and also the downward sloping channel… In short, above 7635 the current up move can continue towards 7680 levels. For further positivity strong break above 7710 followed by 7750 will be important.”
For consecutive second day, Nifty had a Gap up opening of nearly 30 points and managed to sustain the Gap throughout the day. The action was similar to that of Monday’s movement but prices managed to generate momentum post 2 pm and closed above 7710 level. The strong move broke 7710 level decisively and also the downward sloping red channel. This increases the odds that the entire correction that started from 7808 levels on 8th July 2014 is probably complete and next uptrend has started.….If I remember correctly such similar action was last seen during the up move of January 2012 where the previous leg ended in Ending diagonal pattern with wave e truncating in exactly similar fashion. It was however on a daily degree but we are seeing this on hourly degree currently. The post pattern implication at that time was the high exceeded by the factor of 23.6% of the prior down leg and if current leg indeed behaves in similar fashion then the high of immediate preceding leg at 7840 should be breached and we can reach atleasttowards 7910 levels.
Happened: Nifty touched an intraday high of 7918 in today’s trading session!
On 14th August 2014, following was mentioned - In short, for current structure to remain valid it will be important for Nifty to protect the previous day low near 7695 followed by 7655 and broader market should show some recovery attempt. For now as prices managed to close positive the short term trend is up. Use strict stoploss of 7655 in case of sharp reversal!
On 18th August 2014, following was mentioned –In short, using a simple bar technique method is best strategy and as long as prices do not close below previous bar low which is now near 7740 the trend will be positive. A positional trader can use 7700as important risk management level. Faster move above 7840will be crucial which will further confirm the positive outlook!
Despite all the negative sentiments, poor IIP data, higher CPI inflation, Ukraine crisis, IRAQ attack,mixed results Indian markets have continued to rise the wall of worry and is trading in unchartered territory. All this while we have been using not only Elliott wave theory, Time cycles but also a simple bar technique and advised the subscribers to use trailing stop method and mentioned crucial levels. So far the long positions are still intact using that method and the 1sttarget near 7910 level is touched. However, there is still steam left and find out what is the next target zone.
Trading based on news is challenging and cannot be objective. The action of past few days clearly reflects that. Rather use a systematic method and trade objectively. Subscribe to “The Financial Waves short term update”and get daily insights into what made us turn bullish above 7710 and which were the crucial levels that Nifty has so far managed to cross that too in faster time. For subscription option visit http://www.wavesstrategy.com/index.php/store.html
To learn the various techniques we use right from simple bar method, Neo wave and Advanced Time cycle concepts – Hursts Cycle theory and forming daily trading strategy attend the 2 days training seminar to be held in Mumbai. For more details contact us at helpdesk@wavesstrategy.com or call us at +91 22 28831358 / +91 9920422202.

Thursday, August 14, 2014

HDFC Bank – A clear impulse Elliott wave pattern!

Elliott wave gives chart an identity and provides vital information on the maturity of the overall trend. 
It not only helps to understand the direction but the other basic technical tools like Moving averages and indicators like RSI makes a lot more sense when combined with Elliott wave structure. Many times even strong RSI divergences do not produce desired result. This is a typical characteristics produced during the formation of wave 5 on upside.
Now look at the chart below of HDFC Bank without Elliott wave counts:
HDFC Bank weekly chart:
Now see how much more information we get by simply adding a few numbers – Elliott wave counts on the chart:
HDFC Bank weekly chart:

Looking at the above chart, for an investor or a trader one can conclude that the trend that started from the lows of 150 in early 2009 is in matured stage of up move. Prices are already showing negative divergences on weekly scale which further confirms that the current ongoing leg is wave 5. Also this wave 5 is internally subdivided into smaller 5 waves and we are now in intermediate degree v of 5. This means one minor upside push is pending in this stock and once the lows of 20 weeks Exponential Moving average breaks we will get first negative confirmation i.e. below 780. For longer term trend reversal confirmation we should wait for 100 weeks Exponential average to break which is placed near 700. Once this happens Fibonacci retracementratios will kick in that will help us with projections.
However, since the uptrend can continue for few more weeks or months one needs to look at daily and short term charts for further clarity on overall timing the trade or investments!
To know more about such trading strategy, subscribe to “The Financial Waves short term update” by visiting Pricing Page
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Wednesday, August 13, 2014

Is Nifty due for a strong up move despite poor IIP & CPI data?

Bottom Line: Nifty had another Gap up opening and managed to cross above 7710 level. Further move above 7750 to confirm start of next leg on upside!

The below research is published in "The Financial Waves short term update". For subscription to daily research reports visit http://www.wavesstrategy.com/index.php/store.html

Nifty daily chart: 
  
Announcements:

“The Financial Waves Monthly Update” is now published. The current research focuses on relative comparison of different sectors in rally started from August 2013 in Indian Equity Markets. Understanding PE Ratio, GDP Growth with Sensex. Analysis of Baltic Dry Index to know the overall health of the Economy. TVS Motor exhibits good opportunity from investment perspective and long term path of the same is explained as per Elliott wave theory. Gold/Silver Ratio to know which asset class will outperform or underperform over short to medium term. EURUSD path ahead as per Elliott wave theory.

Subscribe monthly research report “The Financial Waves Monthly update” by visiting http://wavesstrategy.com/index.php/store.html and see yourself the long term forecasts and world markets at a glance.


Nifty 60 mins chart:    
Wave Analysis:

In previous update we mentioned that “The entire move on downside from the high of 7840 is enclosed within the red channel and close above 7710 will be first sign of positive reversal which will break the previous pivot high and also the downward sloping channel… In short, above 7635 the current up move can continue towards 7680 levels. For further positivity strong break above 7710 followed by 7750 will be important.”

For consecutive second day, Nifty had a Gap up opening of nearly 30 points and managed to sustain the Gap throughout the day. The action was similar to that of Monday’s movement but prices managed to generate momentum post 2 pm and closed above 7710 level. The strong move broke 7710 level decisively and also the downward sloping red channel. This increases the odds that the entire correction that started from 7808 levels on 8th July 2014 is probably complete and next uptrend has started. However, further move above 7750 will be important to confirm this scenario.

An interesting thing to observe is that the entire up move from 7422 towards 7840 did not produce any sustainable Gaps and currently we have observed 2 consecutive Gap up which has remained unfilled. If the Gap area created yesterday between 7625 and 7655 remains open even today and prices later manages to cross above 7750 it will indicate that wave c of the Irregular Flat correction is complete and the next wave on upside has started.

As shown on 60 mins chart, the down move in form of wave c is Ending diagonal pattern as discussed before. Yesterday’s sharp reversal has opened the possibility that wave e is complete at the lows of 7600 on 11th August itself. This makes wave e small in terms of price compared to other legs but from time perspective it has still consumed 5 hours. If I remember correctly such similar action was last seen during the up move of January 2012 where the previous leg ended in Ending diagonal pattern with wave e truncating in exactly similar fashion. It was however on a daily degree but we are seeing this on hourly degree currently. The post pattern implication at that time was the high exceeded by the factor of 23.6% of the prior down leg and if current leg indeed behaves in similar fashion then the high of immediate preceding leg at 7840 should be breached and we can reach atleast towards 7910 levels. However, for now move above 7750 will be very crucial and on downside yesterday’s Gap between 7625 and 7655 should be protected.

The poor IIP data and higher than expected CPI data can result into short term down move but it will be crucial to observe if by closing market can manage to move above 7750 levels. Also these data are for the past and equity markets are discounting the future. Let us see if this news can result into temporary correction else deeper retracement below 7655 will force us to change the wave structure.


In short, further move above 7750 level will confirm the start of next leg on upside with 7650 acting as important support. On downside the Gap area of yesterday between 7655 and 7625 should be protected for positivity of past 2 days to continue.

To get updates before market opens on stocks and Nifty subscribe "The Financial Waves short term update" by visiting http://www.wavesstrategy.com/index.php/store.html

Monday, August 11, 2014

What is Hurst Time cycles analysis and combining with Advanced Elliott wave (Neo wave)?

Financial markets are governed by recurring cycles having similar characteristics. There are multiple cycles acting at any given point of time and so using only 1 single cycle can result into failure of time projections. The most basic parameters of cycles include amplitude, period and phase.
J.M.Hurst suggested that there are certain standard cycles which are universal and can be applied on any asset classes. Many cycle analysts often complain that cycles vanish without giving prior indication. The major reason being interaction of different cycles of varying magnitude.  
The principles of NominalityHarmonicity and Synchronicity are the building blocks for Hurst cycle analysis. Hurst observed that longer cycles are multiple of shorter cycles usually by the factor of two.
As per Hurst Nominal model there is 54 years cycle followed by shorter 18 years and shortest 9 years at same degree of magnitude.
On a lower scale there is 9 year cycle that divides into two 54 months cycles which further divides into three 18 month cycles that further divides into two 9 months cycles.
Going further low, we then have 80 weeks40 weeks20 weeks and 10 weeks cycles followed by 80 days, 40 days, 20 days and 10 days.
The above different magnitude of cycles simply reflects that using only 1 single cycle for forecasting Time can be extremely challenging. The subject might look complicated but it is no different than Elliott wave principle. The major difference is Hurst Cycle analysis helps us topredict time and Elliott wave focuses more on price. This element of time can help us to forecast the Elliott wave pattern that can form in future. If you understand the logic at one level of degree, identifying and analyzing the cycles at higher or lower degree becomes more mechanical and easy.
Nifty daily chart (Applying Neo wave and Hurst Time cycles)
The trendlines shown in different colors is based on the cycle analysis. Yes, this concept of drawing trendlines based on cycles is known as Valid Trendlines (VTL). It simply highlights whichtrendlines are important and should be used when there are multiple possibilities. Ever thought why break of few trendline does not produce any momentum whereas at times we see a serious capitulation?
The above chart of Nifty is marked with only 55 days (trading days) cycle but the bottom section shows phasing analysis done and highlights different (calendar days) 20 Weeks, 80 days, 40 days, 20 days and 10 days cycles. Applying cycles of so many degrees ensures higherprobability in terms of time and applying Advanced concepts of Elliott wave (Neo wave) ensures high probability in terms of price. Combining both of these methods can give a lethal combinationof most advanced concepts of applied Technical analysis.
However, one should understand trading and investing is the entire game of probability and Risk & Money management strategies play vital role. Markets are created and moved by complex species – human beings and analyzing the sentiments is never an easy task. But the daily challenge is the reason why it is always interesting and keeps everyone on toes all the times!
Join US for the 2 days training workshop to be held on 11th & 12th October in Mumbai on the most advanced concepts of Technical analysis - Neo wave (Advanced Elliott wave) combined together with J.M.Hurst Time cycles – a powerful tool to forecasts Elliott wave patterns using Time cycles – A complete different way to look at market behaviorforecasting and trading!!!
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Where and when is the course?
The training is at Hotel Grand Sarovar PremiereGoregoan, Mumbai on 11th-12th October 2014. This belongs to 5 star category having chain of international hotels and the fees are including Tea / Coffee and Lunch.
Registration Fee:
The charges for the Training are Rs. 18000 + 12.36% Service tax. If registered after 20th September 2014 charges would be Rs. 22000 + 12.36%Service tax
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Sensex trend this week, published in Economic Times section of Navbharat Times

Sensex can continue to trade in a range in current week!
Indian markets continued its movement in the unchartered territory and Sensex crossed 26000 mark in July. It formed 6 consecutive positive monthly close and all the bars have managed to close above the previous month’s low as well. An investor can use this simple concept of bar technique to stay in the trend as long as it continues. Looking at the candle at the end of the month and if the monthly bar manages to protect the lows of previous month the trend will continue to be positive.
Over short term we are seeing some corrective action after the index touched high of 26300. On Friday Sensex fell by 260 points and closed at 25329 levels. On downside 24900 is now an important support. In past week there was increase in Geopolitical tension that resulted in selloffacross the globe.
Indian Rupee a concern:Indian Rupee has been under pressure over past few weeks and touched the level of 61.70 in last week. The depreciation in Indian Rupee is seen across the currency pairs and is a cause of concern. Also in Global markets Dollar index that measures movement of US Dollar against basket of currencies has been constantly rising. This is also one of the reason for pressure on Indian Rupee and unless we see some stability in global markets Indian Rupee can continue to be under pressure. For USDINR, on upside 62 is going to be an important level to watch above which it might put pressure on RBI.
RBI took appropriate measures:In past week RBI maintained its status quo on repo and reverse repo rates but reduced the SLR in order to induce some liquidity in the system. This shows good approach by RBI to take care of economic growth along with fighting inflation.
Result season:The result season has been mixed so far. However, on Friday India’s largest PSU bank - SBI announced its Q1 results which was better than expected. The growth in profitability was seen for the first time in 6 quarters. This should eventually provide some support to the Banking index. Bank Nifty that measures how Banking stocks are performing has been in sideways range post Elections. Bank Nifty index has been moving between 14400 and 15740 post Election results announced on 16th May. This shows that Banking stocks have been consolidating and waiting for some positive trigger. Overall trend remains sideways and break above 15700 is necessary for any positive trend.
Week ahead: During times of uncertainty we have observed defensive sectors like IT, Pharmaand FMCG have performed well. It is advisable to stay with these sectors for investment purposes in case we see some major correction across the Globe. For Sensex24900 is going to be an important support. After the selloff of Friday we can see some consolidation in current week between 25800 and 25000 levels. The medium term trend for Sensex will remain positive as long as 24270 is intact.
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Thursday, August 7, 2014

Intermarket Analysis and Long Term Forecast!

The Financial Waves Monthly update is now published!
See Relative Comparison of different sectors post August 2013, Understand the GDP and PE Ratio with Sensex. Baltic Dry Index, Gold/Silver ratio future path, TVS Motors long term outlook andEURUSD
Our Financial Waves Monthly Report July 2014 Issue tried to cover long term analysis on the above points making our paid subscribers ready for the movement upcoming in markets
Below is the gist of our report which is sent to our paid subscribers
Relative Comparison of different sectors in rally started from August 2013
Below we have shown how different sectors have performed since the rally started from August 2013. In last 1 month participation of various sectors has changed. The rally post 7th July 2014 has been very different in terms of sector participation.
Understanding GDP Growth, PE Ratio with Sensex!
GDP Growth gauges the overall health of the economy whereas PE Ratio depicts whether stock market valuations are high or low. We have taken the data of both this important aspect to analyze with the perspective of technical analysis rather than Fundamental. It proves that stock market is the leading indicator.
Baltic Dry Index
To gauge the overall health of World Economy we have analyzed the Baltic Dry Index .This index is majorly looked as an assessment of whether the goods produced are transported across the globe or is just building up inventory.
Gold/Silver Ratio
For any investor or trader who deals in Gold and Silver, it is very important to look at Gold/ Silver ratio. This ratio provides important indication that which commodity will outperform orunderperform and one can form pair trading strategy as well.
TVS Motor Long Term Outlook
Indian Markets have gone through euphoric rise since August 2013. Midcap and Smallcap stocks have shown exponential pick up in prices. We have picked up TVS Motors and applied Elliott wave theory on the same to know the long term outlook of the stock. As per wave perspective, TVS Motor is set to move towards 500 by mid 2017!!
EURUSD
Dollar Index has showed some strength in last month. EURUSD currency pair has highestweightage in that index. Along with EURO, GBP and JPY has also showed weakness and depreciated against US Dollar. Overall wave counts and Time Cycle is suggesting that down move for EURUSD should start after few months which can result into developed equity markets reversal.
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Wednesday, August 6, 2014

Nifty moving exactly as expected! Triangle: A phase of confusion

The below research report was published today morning and the fall was well expected. To subscribe the daily research report "The Financial Waves short term update" visit www.wavesstrategy.com

Bottom Line: Nifty formed another blue bar and continued to move in a triangle pattern. Expect sideways action to continue for a day or 2 more!

Nifty daily chart:


Announcements:

“The Financial Waves Monthly Update” is now published. The current research focuses on relative comparison of different sectors in rally started from August 2013 in Indian Equity Markets. Understanding PE Ratio, GDP Growth with Sensex. Analysis of Baltic Dry Index to know the overall health of the Economy. TVS Motor exhibits good opportunity from investment perspective and long term path of the same is explained as per Elliott wave theory. Gold/Silver Ratio to know which asset class will outperform or underperform over short to medium term. EURUSD path ahead as per Elliott wave theory.

Subscribe monthly research report “The Financial Waves Monthly update” by visiting http://wavesstrategy.com/index.php/store.html and see yourself the long term forecasts and world markets at a glance.

Nifty 60 mins chart: (as shown in morning report before markets opened)   

Wave Analysis:

In previous update we mentioned that “In short, the trend for Nifty is now sideways with no strong momentum in either side. Many time cycles are slowly turning on upside and so we will change our stand very firmly once 7800 breaks on upside!”

RBI maintained its status quo on repo and reverse repo rate as expected but cut SLR by 50 bps. As soon as the news was announced Nifty turned negative and touched intraday low of 7650 only to reverse later and closed near the high of 7750. The headline will read “RBI stand helps index to close above 7700” even though index initially turned negative after the SLR cut!

The major outperformer in yesterday’s trading session was cement stocks. The top 4 gainers were Ultratech Cement, ACC, Ambuja and Grasim. Each of these stocks was up by more than 4%. Barring yesterday these stocks had a sharp fall over past few days. It has become extremely challenging to determine the sector that will outperform during the day and it has been rotating on daily basis. Such action cannot continue for long and eventually a clear breakout will result into a few sectors leading the trend!

As shown on the short term chart, the up move touched 7750 level and closed exactly at the trendline resistance level. This up leg is probably wave d of triangle as expected and now we should see minor retracement on downside in the form of wave e which can complete in a day or 2. Trading a range bound market can be very challenging and it is advisable to wait either .... or ....... to break for a clear trend to emerge. Looking at the sideways action ongoing since July after the up move till 7808 there is high likelihood for positive breakout once wave e on downside is complete.

In short, the probable path for Nifty is as shown but as the overall trend continues to be sideways it is better to wait either ...... or ..... to break decisively! Advance decline ratio is also showing some improvement with outperformance from high beta sectors. Let us see if this continues for 2 more days which will provide vital information for direction of breakout!

For subscription to daily research reports that has views on Nifty, 3 stocks and get updates before the market opens visit http://www.wavesstrategy.com/index.php/store.html 

Friday, August 1, 2014

Nifty under pressure but not because of Argentina issue!

Bottom Line: Nifty did not take out the previous day’s high even though it was only 7 points away from Wednesday’s close.

The below research was published in today's morning research report "The Financial Waves short term update" by Waves Strategy Advisors. For subscribing to daily newsletter with stocks, Bank Nifty, Nifty and much more subscribe by visiting http://www.wavesstrategy.com/index.php/store.html

Nifty daily chart:

Nifty 60 mins chart:   
Wave Analysis:

In previous update we mentioned that “In short, volatility can be high due to expiry and it will be crucial to see if prices can manage to cross above the level of 7810 or not. Move back below 7740 will keep the trend negative”

Interestingly, Nifty did not have a single tick in positive territory throughout the day. The previous day high at 7798 was not challenged at all which was only 7 points away from Wednesday’s close. This has kept the daily bias negative as per bar technique since previous day high was not taken out. There are times when a few levels are very crucial and if the trend has to continue markets invariably respect those levels.

The high made by Nifty is at 7791 and prices flirted around this level till 1 pm. The selling pressure intensified post 1.30 pm and index touched the low near 7711. The movement was a mirror image in opposite direction compared to that of Wednesday when the sharp up move was seen post 1.30 pm. It is therefore important to see the price action on follow-up day and just 1 day of movement is unreliable. If Nifty manages to break below the low of 7707 it will break 2 days low and a close below the same will further confirm the negative trend ongoing over past few days.

As shown on daily chart, prices have broken below the red 5 days Exponential Moving average and now reaching near the 20 days EMA. This 20 days EMA is breached only once post the rally from 6770 levels and a close below the same which is at 7685 can intensify the selling pressure. This is also near the level of 7690 which we have been mentioning as important all the while.

The short term chart shows that the up move from 7422 might have ended near Wednesday’s high at 7798 and not before. A decisive break below 7690 will confirm this scenario and prices can then head towards 7500 - 7540 levels. Also a truncated wave can result into violent move in opposite direction i.e. on downside. So we continue our negative stand as long as 7790 is intact.


In short, today is follow-up day to yesterday’s selloff and it will be crucial for prices to close below 7707 followed by 7690 to keep trend negative. On upside 7790 can now be used as crucial risk management level for existing short positions against 7810 mentioned earlier which is still intact. It is better to follow trailing stop method if a trending move emerges from here!

The below research was published in today's morning research report "The Financial Waves short term update" before markets opened by Waves Strategy Advisors. For subscribing to daily newsletter with stocks, Bank Nifty, Nifty and much more subscribe by visiting http://www.wavesstrategy.com/index.php/store.html