Live Proofs of 100% Accurate Predictions and Levels

Proofs of  09-10-2015 Analysis accuracy

Although Nifty closed 48 points down near the lower levels of the day yesterday but we were not Bearish but Bullish therefore told following conclusive lines yesterday in "Finally 8097-8139 will decide next big trend but view is Bullish"::-

1- Finally 8097-8139 will decide next big trend 
2- view is Bullish 

100% Acccuracy has been proved today from following moves of Nifty today:-

1- Nifty opened 57 points up today.
2- 8139 was given and Nifty got supports exactly at 8139.65 today.
3- Bullish view was told and whole day positive zone trading was seen today and also Nifty closed 60.35 points up today.

Proofs of  08-10-2015 Analysis accuracy

When Nifty closed at the higher levels of the day on 07-10-2015 then we told following lines same day in "Intra Day Chart Analysis & Market Outlook(08-10-2015)"

1- selling market signals generation today
2- today closing was near the higher levels of the day also therefore firstly sustaining it beyond should be watched tomorrow 

As was told on 07-10-2015 and 100% same happened on 08-10-2015 in following manner:-

1- selling market signals generation was told and Nifty closed 48 points down as well as closing near the lower levels of the day at 8129.35.
2- Condition of sustaining above previous session closing(8177.40) was told and Nifty could not sustain above it as well as Nifty slipped to 8175 in first 21 seconds.

Finally 8097-8139 will decide next big trend but view is Bullish

Intra Day Chart Analysis & Market 

Outlook(09-10-2015)

Nifty-Intra Day Chart (08-Oct-2015):-

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 Patterns between 8106-8139
3- Whole day actual trading between 8106-8180

Conclusions from intra day chart analysis 

Although Nifty closed near the higher levels of the day yesterday but intraday selling patterns formations were seen therefore we told following conclusive lines yesterday in "Intra Day Chart Analysis & Market Outlook(08-10-2015)":-

1- selling market signals generation today.
2- As consolidation patterns were also seen and today closing was near the higher levels of the day also therefore firstly sustaining it beyond should be watched tomorrow

Condition of sustaining above yesterday closing(8177.40) was told and Nifty could not sustain above it. Nifty slipped to 8175 in first 21 seconds and after that whole day traded today below 8180 as well as closed near the lower levels of the day at 8129.35.

Although today closing near the lower levels of the day but firstly Down moves in Bullish Falling Channel and consolidation Patterns formations in last 4 hours between 8106-8139. As consolidation between 8097-8115 on 06-10-2015 and follow up consolidation was seen within and above it today therefore if Nifty sustain above 8139 then that will be strong indication valid break out confirmation of last 27 sessions range(7540-8092) resultant immediate strong rally towards and above 8200.

Finally 8097-8139 will decide next big trend but view is Bullish despite 48 points negative closing near the lower levels of the day today. 

Intra Day Chart Analysis & Market 
Outlook(08-10-2015)

Nifty-Intra Day Chart (07-Oct-2015):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Up moves in Bearish Rising Channel
2- Selling between 8167-8185
3- Down moves in Bullish Falling Channel
4- Consolidation between 8150-8164
5- Whole day actual trading between 8133-8188

Conclusions from intra day chart analysis 

Following levels with its importance were updated yesterday in "Finally 8092-8185 will decide Next Big Trend":-  

finally valid break out 8092-8185 should be watched for next big trend confirmations 

Nifty traded almost whole day between mentioned levels and also closed within it today with both consolidation and selling patterns formations. Intraday volatility within 55 points without much sideways moves today but completely under performed Global markets because all the global markets traded with very good gains and Dow's Futures was also more than 125 points up while Indian markets traded most time with nominal gains and moves into negative zone as well which means selling market signals generation today. 

As consolidation patterns were also seen and today closing was near the higher levels of the day also therefore firstly sustaining it beyond should be watched tomorrow because that will firstly give next trend indication. 

Detailed analysis have already been explained in above mentioned topic yesterday and next moves should be understood according to that.

Finally 8092-8185 will decide Next Big Trend 

Intra Day Chart Analysis & Market Outlook

(07-10-2015)

Nifty-Intra Day Chart (06-Oct-2015):-

Just click on chart for its enlarged view

Technical Patterns and Formations in today intraday charts

1- Selling between 8130-8157

2- Down moves in Bullish Falling Channel

3- Consolidation between 8097-8115

4- Selling between 8155-8180

5- Whole day actual trading between 8097-8180

Conclusions from intra day chart analysis 

As sentiment was strong today morning because Dow Jones closed more than 300 points up yesterday therefore all the Asian markets were trading with good gains resultant gap up opening of Indian markets but profit booking was also seen in first 2 hours . As Down moves in Bullish Falling Channel with lower levels consolidation was also therefore recovery from lower levels but selling patterns formations at higher levels of the day.

27 Sessions sideways market between 7540-8092 and and this range was forcefully broken out on 05-10-2015 but its technical confirmation is still left which will be after 3% up moves above the top of range(8092) or 3 sessions closing above it. As some selling was also seen today therefore minimum next 2 sessions closing above it with follow up consolidation is also technically required yet.

Short and Intermediate Term trends are up and Long Term Trend is still down which will be up after sustaining above its decider 200 Day EMA(today at 8185). As both consolidation and selling within 8097-8180 therefore expected that Nifty will firstly trade within this range tomorrow. 

As complete selling is required for fusing of on going rally therefore until it will not happen in the coming 2/3 sessions till then view will not be Bearish. It is also confirm that once confirmation of sustaining above 8092 will mean high possibility of Long Term Trend turning up after sustaining above  200 Day EMA. Certainly it will result fresh rally above life time high after that 4000 points rally correction completion at 7546 on 07-09-2015 which started from 5118.85 on 28-08-2013 and completed at 9119.20 on 04-03-2015. 

Bearish Hanging Man EOD Candle formation with some selling today therefore some down moves within today trading range is expected tomorrow but finally valid break out 8092-8185 should be watched for next big trend confirmations because:-

1- 8092 will give 27 sessions break out confirmation.

2- 8185 will give Long Term Trend confirmation

Post-open Outlook(06-10-2015)

Intermediate and Short Term trends have turned up after previous 4 sessions rally and Nifty failed to test today Long Term Trend decider 200 Day EMA(8185) and slipped after opening high formation at 8180.95. As short term indicators are overbought after on going rally therefore Very Short Term Correction/intraday correction may be seen any day but until compete selling patterns will not develop till then decisive down moves will not be seen.

27 Sessions trading range(7540-8092) forcefully broken out yesterday but on the back of strong Global cues. As there is news based huge volatility in all the global markets therefore confirmation through sustaining above 8092 is must for trend reversal and correction completion at 7546 on 07-09-2015 of that 4000 points rally which started from 5118.85 on 28-08-2013 and completed at 9119.20 on 04-03-2015.

Rally Continuation after Correction Completion

Intra Day Chart Analysis & Market Outlook

(06-10-2015)

Nifty-Intra Day Chart (05-Oct-2015):-

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Technical Patterns and Formations in today intraday charts

1- 75 Points recovery in first minute after strong opening
2- 3 hours consolidation between 8052-8068
3- Higher levels consolidation in last hour between 8111-8128
4- Whole day actual trading between 8006-8128

Conclusions from intra day chart analysis 

As most Global markets closed strong last Friday and resultant all the Asian markets were trading in Green and some markets were more than 1.5% up also today morning therefore 75 Points recovery in first minute after strong opening. Last 27 sessions sideways trading between 7540-8092 and firstly 3 hours consolidation between 8052-8068 as well as higher levels consolidation in last hour between 8111-8128 therefore strong signals rally continuation in the coming sessions.

Once sustaining above the top of last 27 Sessions trading range(8092) will mean fresh rally beginning after previous 4000 points rally(5118-9119) correction completion and it is expected also because last hour consolidation was also seen above the the top 27 Sessions trading range.

Post-open Outlook(05-10-2015)

Dow Jones closed 200 points up and most of the Global markets also closed with sufficient gains last Friday as well as all the Asian markets were in Green and some were more than 1.5% up today therefore sentiment boosted and strong opening of Indian markets and more than 1% up today.

As selling was seen on 01-10-2015 therefore some down moves were expected but strong Global cues led rally was seen in Indian markets also today. 3 Resistance ranges were updated in previous Outlook and now Nifty is trading within 2nd resistance range. As some consolidation was seen today and some times Bullish markets consolidate at higher levels also therefore firstly valid break out of 2nd resistance range(8032-8055) should be watched for 1st signal of next decisive moves because most time trading within this range in first hour today.

Sideways market and technically preparation for next big decisive moves

Technical Analysis,Research & Weekly Outlook

(Oct 05 to Oct 09,2015)

Nifty-Intra Day Chart (01-Oct-2015):-

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Technical Patterns and Formations in today intraday charts

1- Selling between 7991-8007
2- Selling between 7954-7977
3- More than 5 hours trading between 7932-7977
3- Whole day actual trading between 7932-8007

Conclusions from intra day chart analysis 

As last 27 sessions sideways trading 7540-8092 and no material in EOD charts patterns therefore just click following previous Weekly analysis topics links for:-

1- Detailed analysis of 4000 points rally EOD charts from 28-08-2013(5118.85) to 04-03-2015(9119.20)
2- Correction from 04-03-2015(9119.20) to 08-09-2015(7539.50)
3- Huge 10 months Bearish Head and Shoulders Pattern formations between 22-08-2014 and 21-08-2015 with its neckline at 7940
4- 23 Sessions actual trading between 7540-8092 from 24-08-2015 to 24-09-2015 with higher levels selling and lower levels consolidations

Topic links are as follows:-

1- Finally correction continuation towards 7104/6761(Sep 14 to Sep 18,2015)
2- Just watch 7691 for on fresh Down Moves beginning towards 7104/6761(Sep 21 to Sep 24,2015) 
3- Next Trend after RBI Credit Policy will get confirmations from 23 Sessions Range 
(Sep 28 to Oct 01,2015)

Previous 27 sessions trading between 7540-8092 and last 3 resistances of this range are as follows:-

1- 7995-8010
2- 8032-8055
3- 8068-8090

First resistance range was between 7995-8010 and fresh selling was seen within and below this range between 7991-8007 on 01-10-2015 and follow up selling was also seen same day between 7954-7977 therefore some down moves are expected in the beginning of next week.

As Bearish Rising Wedge formation between 7824-7957 in last hour on 30-09-2015 and more than 5 hours trading within and above this range between 7932-7977 with above mentioned selling on 01-10-2015 therefore some emergence of decisive down moves possibility also.

Technically Indian markets are well poised for Short Term down moves but Dow Jones closed 200 points up last Friday and most of the Global markets also closed with sufficient gains same day therefore some up moves with intraday volatility is expected next Monday but expected that finally Nifty will not be able to sustain above day's highest(8007) and strong possibility to slip below 7824 and towards following next supports:-

1- 7875-7898
2- 7748-7796(weaker support)
3- 7693-7720
4- 7558-7647(strong support)

As RBI has cut Repo rates by 50 BPS therefore it is big sentiment boosting and 27 sessions like long trading range(7540-8092) valid break out has power to generate next big trend as well as has trend reversal strength also therefore 7540-8092 should be watched for following next trend:-

1- Valid break out above 8090 will mean trend reversal confirmation resultant fresh rally above life time high after previous 4000 points rally(5118-9119) correction completion. 
2- Valid break down below 7540 will mean correction continuation towards 7104/6761 but follow up selling is firstly required in next week because good supports are lying below previous sessions lowest(7932)

As sufficiently good supports and resistances within 27 sessions sideways trading range therefore expected that Nifty will technically prepare for next big decisive moves within this range.