nifty update

hi
all just updated with nifty elliot lable
in continuation with our previous wave count now we are wave b of corrective wave
this b look to be of 5 wave out of which i and ii look completed now we are in iii

this rally will make small and mid cap move fast as it normally happen so buy them for good 20-40% move
take care of ur total portfolio make cash ratio of around 70-80% by 5670 in nifty
divyesh palrecha

SONA HI SONA

HI FRIENDS
GOLD HAD WONDERFULL RALLY NOW WHAT?
FIRST NOTE THAT THOUGH I SAW THE BULLISH TARGET OF 1340 BUT NOT HAVE COURAGE TO BUY FOR IT BECAUSE OF DIVERSION
NOW THIS TIME DIVERSION AND COMPLETION OF 5WAVE UP MOVE WILL CERTAINLY GIVE U NICE FALL OF WAVE 2
WELL PICTURE IS ILLUSTRATIVE ENOUGH AND IF GOLD MCX-1M CLOSE BELOW 18575 THAN ONE CAN GO SHORT WITH SL OF 18760 ON CLOSING BASIS FOR TGT OF 17600-17200

nifty on elliot wave

HI FRIENDS IT HAS BEEN LONG TIME TO TALK TO U ALL
I HAVE NOTED ONE REALLY COPY BOOK STYLE OF ELLIOT WAVE ON NIFTY HOURLY CHARTS
ELLIOT IS NEW SUBJECT TO ME AND IT HAS GIVEN WONDERFULL RELPICATION OF TGT AS PER WAVE
LETS CHECK THE CHART
NOW SOME THING IN SIMPLE LANGUAGE WE ARE HEADED FOR SOME NICE BEAR ATTACK
AND TARGET I M GETTING ON NIFTY IS 4600 THAN 3975 THAN 3700 THIS ARE AS PER LOW OF WAVE 1 -3-5 CORRECTIVE MOVE UPSIDE CAN BE 5075-4475 WAVE 2-4
LETS SEE HOW THINGS PAN OUT
BYE FOR NOW
DIVYESH PALRECHA

GTLINFRA

HI ALL
THIS IS CHART OF GTL INFRA FOR ONE OF MY FRIEND THIS IS VERY SIMPLE CHART WHICH MOVE IN A BAND ALL THE TIME CURRENT BAND LEVELS ARE 50-40-35-27
ANY BREAK OF 50 LEVEL WITH TWO CLOSE ABOVE IT CAN GIVE GOOD RISE OF 50%
ONE IMP CONSIDERATION IS IT SHOULD NOT CLOSE BELOW 35 FOR TWO WEEKLY CLOSE OTHERWISE IT CAN GO TO SLEEP MODE
THANKS AND REGARDS
DIVYESH PALRECHA




WE AND OUR CLIENT CAN HAVE POSITION IN ALL THE STOCK AND FUTURE THIS POST ARE FOR DISCUSSION AND NO RESPONSIBILITY WILL BE TAKE FOR ANY TRADE PLEASE NOTE

TOO FAST TO FURIOUS

HI ALL
IT WAS BLACK SWAN MONTH OF MAY WHEN IF RISE REMARKABLY
ONCE AGAIN MARKET SAYING US NOT TO BELIEVE UR BRAIN LOOK THE NUMBERS U CAN BE WRONG NUMBERS CAN NOT.
WELL AT THIS JUNCTURE I TRY TO GIVE SOME GUIDELINE ABOUT MKT BRODER VIEW
SINCE MKT UNABLE TO CROSS 61.8% RETRACEMENT LEVEL OF 4800 BEAR IS STILL ALIVE GUYS THEY CAN HIT BACK ANY TIME BUT SINCE MKT IS WELL ABOVE 200DMA AND 100DMA IS ALSO WILL CROSEE ABOVE 200DMA(BULLISH SIGNAL BASED ON MOVING AVG CROSS OVER)WE ARE IN BULL MKT SO ONE CAN BUY NIFTY OR STOCK AT 4000-3600-3400 LEVELS THEY ARE RETRACEMENT LEVELS WITH SL OF 3300 .
I THINK MKT WILL NOT GIVE ANY CLAER RISE TILL OCT 09 AS IT RISE TOO FAST WITHOUT BREATH U ALL KNOW IMPACT OF IPL ON INDIAN TEAM OUT OF SHAPE FROM WORLD CUP
SO THIS BREATHING WILL GIVE OPP TO ACCUMULATE AS THIS WILL BE LAST FALL I ASSUME IN MKT TILL 3300 OR 2300 ONLY TIME WILL TELL
TAKE CARE

MAY STOCK MARKET RISE OH IT IS "MAY"

HI ALL
WE ARE AT VERY GOOD POINT IN THE MARKET NIFTY IS ABOVE 200 DMA AND THING BECOME VERY SIMPLE HERE
OLD SAYING BULLS LIVE ABOVE 200DMA AND BEAR BELOW THAT SO IS IT END OF BEAR AND BIRTH OF NEW BULL IN THE OFFING I DONT KNOW BUT I M KEEPING FOLLOWING THING IN MY MIND:
1}HISTORY SAY MONTH MAY IS BED FOR MKT SO I M NOT BULL BECAZ OF THIS YES IN OFFLOADING MODE.
2}MKT IS ABOVE 200 DMA LET IT GO BIT MORE UP COME DOWN AND TEST AND CONFIRM THAT IT IS HOLDING 200DMA HEY I WILL CONSIDER THAT AS NEW BULLS BIRTH IN OFFING BUT TILL THAN WAIT AND WATCH
3}ELECTION FACTOR YES THAT IS BIG GAME CLEARITY WILL BE OUT IN 20 DAYS THAN BETTER TO OFFLOAD UR PORTFOLIO AND STAY IN CASH IF ALL IS FINE GET IN AGAIN ON RETRACEMENT OR ENJOY THE WORD CASH IS KING AND DO CRASH BUYING U WILL GET LOT OF CHANCES
4}GLOBAL MARKET IS STILL NOT GIVING SIGN FOR STOP OF BAD NEWS
5}MOST WORRYING FACTOR FOR ME IS ALL BIG BROKERAGE HOUSE ,TV CHANNEL AND NEWSPAPER AND FUND MANAGER ARE SAYING WORST IS BEHIND - I M WAITING TO JOIN BUT NOT NOW SIR

some say green some say red i m standing inbetween

hi all
lot of talk that indian stock mkt will tumble and some say it will go to roof soon.
one interesting thing i found about market player that they can only either seat in bull or bear camp they forget the uptime period yes we had that uptime in mkt since last few month.
few obeservation this time on nifty daily chart:
1) Whenever we have reached the 100sma on nifty it has slam down fast which u can see with arrow and hey we are near it.
2)head and shoulder a reversal pattern has been appearing on chart and it never broke the neckline.This is the revesal pattern but it has not materialise so far.

so again we are near resistance of 100sma and a kind of head and shoulder pattern can it turn red to green this time? well we have to wait.

my personal view is it will not yet the end of collapse as i dont see any proper bottom reversal pattern as yet.

election is nearing which also can stop the bottoming out for some time .

i see this bottom can happen around this may 2009(most dangerous month for bull) so guys go ahead pile some stock in ur demat on gradual decline

please avoid playing individual stock future they can know u out of mkt for life without professional help (yes u can contact me) if u dare just see akruti stock price . this can happen to any stock for that matter, yes even reliance

next week is going to see some big moment my view is on down side

ALL THE VIEW IS JUST MY OPINION AND NO ACTION CAN BE ATTACH TO ME. I AND MY CLIENT CAN HAVE INTEREST IN THE VIEW ABOVE WHICH U MAY PLEASE NOTE