Live Proofs of Indian Stock Markets 100% Accurate Predictions

Following line was told at 01:39 PM yesterday in Mid-session Outlook(10-04-2014):-

Most time positive zone trading but some selling patterns formations also seen today. 

Selling was clearly told when Nifty was trading near the higher levels of the day and last traded price of yesterday was at the lowest of the day at 6777.30 and Nifty traded 51 points down today.

Following line was told at 01:15 PM on 09-04-2014 in Mid-session Outlook(09-04-2014):-

expectations are alive for rally continuation above 6776 in the coming sessions.

Nifty jumped 70 points after our above projection and crossed 9776 same day on 09-04-2014

Post-open Outlook(11-04-2014)

As indicators were overbought therefore Very Short Short Term Correction was due and being seen today. Nifty will remain sideways and prepare for next trend between  6706-6819. Follow up moves within and near about this range will decide next trend and valid break out of this range should be watched for next immediate trend confirmations.

Technical Analysis and Market Outlook(11-04-2014)

Nifty-Intra Day Chart (10-Apr-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 6806-6819 
2- Whole day actual trading between 6778-6819 

Conclusions from intra day chart analysis 

Last traded price of today is at the lowest of the day at 6777.30 but when Nifty was trading near the higher levels of the day then following lines were clearly told at 01:39 PM today in Mid-session Outlook(10-04-2014):-

Most time positive zone trading but some selling patterns formations also seen today. 

when Nifty was trading near the lower levels of the day yesterday then following line was told at 01:15 PM yesterday in Mid-session Outlook:-

expectations are alive for rally continuation above 6776 in the coming sessions. 

Technical positions of last 2 sessions are as follows:- 

1- Good consolidation between 6706-6732 yesterday and this range will be next support.
2- Good selling between 6806-6819 today and this range will be next resistance.

As lower levels good supports and higher levels good selling between 6706-6819 in last 2 sessions therefore Nifty will remain sideways and prepare for next trend between this range tomorrow and follow up moves within and near about this range will decide next trend.

Let market prepare for next trend between 6706-6819 then next trend will be decided according to intraday charts patterns formations and will be updated accordingly as being done for the last 4 years.

Pre-closing Outlook(10-04-2014)

As soon as selling patterns developed then it was updated at 01:39PM in Mid-session Outlook and Nifty is going to close near the lower levels of the day.

Range bound trading between 6782-6819 with selling patterns formation also therefore follow up moves and valid break out of mentioned trading range will be watched for next immediate very Short Term Trend confirmations but possibility of slipping below the lowest of today. 

Mid-session Outlook(10-04-2014)

Most time positive zone trading but some selling patterns formations also seen today. 

Pre-open Outlook(10-04-2014)

As most Asian markets are trading in Red therefore weak opening is possible in Indian markets also but following line should be kept in mind which have been told more than 50 times in last 2 months:-

Indian markets are most Bullish and until complete selling patterns will not develop till then deeper correction will not be seen. Although indicators are overbought but it should also be kept in mind that Bull markets complete its correction in sideways trading also.

Just click following topic link which was updated on 30-03-2014 and understand further rally with those minimum waves which are still left

Rally Continuation towards Unimaginable Higher Levels

Technical Analysis and Market Outlook(10-04-2014)

Nifty-Intra Day Chart (09-Apr-2014):-

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Technical Patterns and Formations in today intraday charts

1- Almost 5 hours consolidation between 6706-6732
3- Whole day actual trading between 6706-6808

Conclusions from intra day chart analysis 

Firstly almost 5 hours consolidation between 6706-6732 and after that 70 points strong rally and new all time highest formation at 6808.70 but when Nifty was trading at 6720.20 then following line was told today at 01:15 PM in Mid-session Outlook(09-04-2014);- 

As consolidation patterns formations today and in previous session also therefore expectations are alive for rally continuation above 6776 in the coming sessions. 

All trends are up but very Short Tern correction was due which was seen through last 6 Sessions sideways trading between 6651-6776 and this range forcefully broken out after almost 5 hours good consolidations therefore rally continuation is expected in the coming sessions.

Mid-session Outlook(09-04-2014)

As both selling and buying therefore sideways market(6663-6776 and 6651-6676) was told in previous 6 sessions and sustaining it beyond was told in all previous Outlooks and Nifty traded between this range in this week. 

As consolidation patterns formations today and in previous session also therefore expectations are alive for rally continuation above 6776 in the coming sessions. 

Technical Analysis and Market Outlook(09-04-2014)

Nifty-Intra Day Chart (07-Apr-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Down moves in Bullish falling channel.
2- Consolidation between 6651-6671
3- Whole day actual trading between 6651-6725

Conclusions from intra day chart analysis 

Firstly down moves in Bullish falling channel and after that 3 hours consolidation with lower levels good supports also therefore up moves are expected in the coming sessions. 

All trends are up,indicators are over bought and shown negative divergence as well therefore minimum Short Term Correction is due but complete follow up selling is must for any deeper correction

Lower levels consolidation and higher levels selling between 6663-6776 in previous week and good consolidation was seen 6651-6671 on 07-04-2014 therefore until Nifty will not sustain below 6651 after complete selling till then next decisive down moves will not be considered. 

Although indicators are over bought and shown negative divergence also but Indian markets most Bullish and up moves may remain continued after correction completion in sideways moves or very Short Term correction. Expected that Nifty will trade and prepare for next trend between 6651-6776 and sustaining beyond this range will next trend confirmation.

Pre-closing Outlook(07-04-2014)

Following lines were told at 02:05 PM today in Mid-session Outlook:-

1- last 3 hours trading between 6651-6671 with consolidation patterns formations therefore first signal of very Short Term correction completion
2- Although expecting up moves but Valid break out of mentioned range should also be watched for mentioned very short term correction completion/continuation

Following line was told yesterday in Technical Analysis,Research & Weekly Outlook(Apr 07 to Apr 11,2014)

sustaining beyond 6663 should be firstly watched in next couple of sessions for next Short Term Trend confirmation.  

As Nifty hovered around 6663 more than 3 hours when traded between 6651-6671 with consolidation patterns formations therefore moved up according to our expectations and now trading at 5997 therefore strong signal of today started up moves continuation in next trading session. 

Mid-session Outlook(07-04-2014)

As Global markets weakness therefore down moves immediately after positive opening and last 3 hours trading between 6651-6671 with consolidation patterns formations therefore first signal of very Short Term correction completion which begun in previous week. Although expecting up moves but Valid break out of mentioned range should also be watched for mentioned very short term correction completion/continuation. 

Technical Analysis,Research & Weekly Outlook(Apr 07 to Apr 11,2014)

Nifty-EOD Chart (04-Apr-2014):-

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Technical Patterns and Formations in EOD charts

1- Bottom formation at 5118.85 on 28-08-2013 and Wave-1 beginning
2- Wave-1(6142.50 on 19-09-2013)
3- Wave-2(5700.95 on 01-10-2013)
4- Wave-i of Wave-3(6415.25 on 09-12-2013)
5- Wave-ii of Wave-3(5933.30 on 04-02-2014)
6- Wave-iii of Wave-3 continuation with new highest formation at 6776.60 on 03-04-2014

Conclusions from EOD chart analysis 

All trends are up and Bullish market Wave-iii of Wave-3 continuation towards those higher levels which can not be easily imagined at this moment because many more those waves are still left which have already been updated in following topic on 30-03-2014:-

Rally Continuation towards Unimaginable Higher Levels

Nifty-Intra Day Chart (04-Apr-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Down moves in Bullish falling channel.
2- Whole day actual trading between 6686-6728

Conclusions from intra day chart analysis 

As good selling during first 3 sessions of the week therefore consolidation was firstly required for decisive up moves and it was seen in last 2 sessions therefore emergence of rally continuation hopes also despite closing near the lowest of the day. Both good selling and some consolidation also seen in previous week and Weekly Candle is Doji(means indecision between bulls and bears) therefore signals of Short Term Trend turning sideways and sustaining beyond precious week trading range(6663-6776) will be immediate next trend confirmation and should be firstly watched in next week.

Conclusions (After Putting All Studies Together)

At present impulsive Wave-iii of Wave-3 continuation and minor signal of its completion in previous week because some selling was also seen in the beginning of previous week and Weekly Doji Candle(means indecision between bulls and bears). As lower levels some supports some consolidation was also seen in last 2 sessions therefore sustaining beyond 6663-6776 should be firstly watched in next week for immediate next trend confirmation.

It should be kept in mind that all trends are up and indicators and over bought and shown negative divergence as well therefore minimum Short Term Correction is due and follow up selling with sustaining below 6663 will be its confirmation. 

As US markets closed .96% to 2.70% down last Friday and such weakness in Asian markets on next Monday morning will mean depressed sentiments and gap down opening can not be ruled out in Indian markets. In this situation sustaining beyond 6663 should be firstly watched in next couple of sessions for next Short Term Trend confirmation.   

Mid-session Outlook-2(04-04-2014)

New intraday lowest formation after sharp down at 2:00 Pm today but until Nifty will not sustain below 6675 till then decisive down moves will not be considered because consolidation patterns formations seen today.

Mid-session Outlook(04-04-2014)

As good selling in first 3 sessions of the week therefore very short term correction and consolidation was due and it has been seen yesterday and today. Consolidation patterns formation seen yesterday and today therefore emergence of rally continuation hopes in next week.

Technical Analysis and Market Outlook(04-04-2014)

Nifty-Intra Day Chart (03-Apr-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Down moves in Bullish Falling Channel 
2- Fast up in last half hour.
3- Whole day actual trading between 6697-6776

Conclusions from intra day chart analysis 

As continuous higher levels selling in last 3 sessions therefore very short term correction possibility was required and it was seen through most time down moves in Bullish Falling Channel which is consolidation pattern. Good selling in last 3 sessions therefore some down moves can not be ruled out during consolidation process but expected that Nifty will trade and prepare for next trend between last 3 sessions range(6675-6764) and valid break out of this range will be next Short Term Trend confirmation.

Pre-closing Outlook(03-04-2014)

As continuous higher levels selling in last 3 sessions therefore very short term correction possibility was told in most of the previous Outlooks and it is seen today through whole day continuous down moves since opening today. Although today down moves are in Bullish Falling Channel but some more down moves can not be ruled out and expected that Nifty will trade and prepare for next trend between last 3 sessions range(6675-6764) and valid break out of the range will be next Short Term Trend confirmation.

Mid-session Outlook(03-04-2014)

Although Nifty closed near the highest of the day yesterday but selling seen in last 3 sessions therefore we told following conclusive line yesterday in Technical Analysis and Market Outlook(03-04-2014):-

view is cautious and follow up moves with sustaining above today highest will also be firstly watched tomorrow for immediate up moves confirmations. 

As was perceived same happened and Nifty could not sustain at higher levels and slipped immediately after positive opening and now .45% down. Both higher levels selling and lower levels consolidation seen in last 3 sessions therefore finally valid break out of last 3 sessions range(6675-6764) will be next immediate moves confirmations and should be firstly watched.

Technical Analysis and Market Outlook(03-04-2014)

Nifty-Intra Day Chart (02-Apr-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 6738-6751
2- Minor consolidation between 6724-5733
2- Upmoves in Bearish Rising Channel.
3- Whole day actual trading between 6724-6763

Conclusions from intra day chart analysis 

All trends are up and Indian markets are so highly Bullish that not stopping and not giving any correction despite good selling patterns formations in last 3 sessions. Although last hour up moves in Bearish Rising Channel but minor consolidation also seen above the highest of last 2 sessions therefore of further rally continuation possibility also.

As both selling and consolidations seen in last 3 sessions therefore view is cautious and follow up moves with sustaining above today highest will also be firstly watched tomorrow for immediate up moves confirmations. 

Pre-closing Outlook(02-04-2014)

Market is so highly bullish that not stopping and not giving any correction despite good selling patterns formations. As consolidation at higher levels in last hour therefore emergence of further rally continuation possibility.

Mid-session Outlook(02-04-2014)

Although positive Global cues and SGX Nifty was trading more than 50 points points up today morning but Indian markets completely under performed and Mar Fut. remained 4 to 25 points up today because selling seen at higher levels in last 2 sessions and consolidation was required for any decisive up moves above yesterday highest but selling patterns again seen today therefore very short term down moves are expected.

Technical Analysis and Market Outlook(02-04-2014)

Nifty-Intra Day Chart (01-Apr-2014):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 6698-6715
3- Whole day actual trading between 6676-6732

Conclusions from intra day chart analysis 

As higher levels good selling with Hanging Man / Dragonfly Doji Candle(Daily) formation today therefore emergence of Very short term correction possibility because higher levels good selling was seen yesterday also. US markets are .55% to 1.50% up at this moment today and such strong Asian markets may result positive opening of Indian markets tomorrow but sustaining above the last 2 sessions highest(6732) should be watched tomorrow because good selling seen in last 2 sessions. Some lower levels supports also seen yesterday therefore sustaining below yesterday lowest(6663) will be little deeper down moves.

As Bull markets correct and consolidate at higher levels also therefore finally valid break out of 6663-6732 should be watched tomorrow for:-

1- Very short term correction below 6663 or
2- Rally continuation above 6732

Mid-session Outlook(01-04-2014)

Following lines were told yesterday in Technical Analysis and Market Outlook(01-04-2014)

firstly fresh consolidation is required for any decisive up moves above today highest. Follow up moves and valid break out of today trading range(6663-6730) should be watched tomorrow

First 4 hours trading between 6676-6732 and most time trading between 6676-6710 today with higher levels again good selling and lower levels some buying also. As again mixed positions formations today therefore same view and valid break out of 6663-6730 should be firstly watched for next trend confirmation.