Live Proofs of Indian Stock Markets 100% Accurate Predictions

Although Yesterday closing was near the lower levels of the day but we told for Up moves at 07:24 PM yesterday in "Up moves above 7338 and towards 7504 are expected now"

Up moves above 7338 and towards 7504 are expected now

As was told 100% same happened and Nifty opened above 7338 at 7355.70 today.

Up moves Expectations above 7338

Intra Day Chart Analysis & Market Outlook

(22-01-2016)

Nifty-Intra Day Chart (21-Jan-2016):-

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Technical Patterns and Formations in today intraday charts

1- Most time trading below 7338
2- Down moves in Bullish Falling Channels
3- Higher bottom formation
3- Whole day actual trading between 7250-7398

Conclusions from intra day chart analysis 

Following lines were told yesterday in "Correction Continuation after follow up Selling" and repeated in both Outlooks of today:-

1- more than 4 hours Mixed Patterns between 7294-7338 today
2- Nifty will firstly trade within today trading range(7242-7338)
3- complete consolidation is required for on going big correction completion.

Although strong opening today but not sustaining at higher levels because as such lower levels consolidation could not develop and more than 4 hours trading with Mixed Patterns formations between 7294-7338 was seen yesterday. As complete consolidation was firstly required for decisive up moves and on going big correction completion therefore fresh consolidation in the form of Down moves in Bullish Falling Channels emerged below 7338 today.

"Nifty will firstly trade within today trading range(7242-7338)" was told yesterday and Nifty traded most time within 7250-7338 with consolidation patterns formations and  higher bottom formation today. As supports was seen between 7242-7270 also yesterday therefore Recent good supports formations will be understood between 7242-7338 and once valid break out of 7338 will mean Pull Back Rally towards following next resistances:-

1- Resistances between 7504-7562
2- Resistances between 7552-7606
3- Resistances between 7614-7640

Up moves above 7338 and towards 7504 are expected now and:- 

1- Firstly watch valid break out of 7242-7462 for next Short Term Trend confirmations.
2- Finally sustaining above 7640 will mean strong indication of correction completion.

Just Wait and Watch Valid Break Out of 7242-7462 for Next Short Term Trend Confirmations.

Post-open Outlook(21-01-2016)

When Dow Jones was trading more than 370 points down at 10:56 PM yesterday then told following line yesterday in "Correction Continuation after follow up Selling"

more than 4 hours Mixed Patterns between 7294-7338 today therefore expected that Nifty will firstly trade within today trading range(7242-7338)

When All the Asian markets were trading strong today morning then also we repeated following line at 08:58 AM today in "Pre-open Outlook(21-01-2016)"

2- more than 4 hours Mixed Patterns between 7294-7338 yesterday therefore expected that Nifty will firstly trade within yesterday trading range(7242-7338)

Although both highly Bullish and Bearish Global markets cues but we followed only our Indian intraday charts patterns formation,result is clear now that now Nifty is trading within mentioned trading range(7242-7338) with today lowest formation at 7323.95.

As huge Global markets volatility therefore just wait and watch valid break out of 7242-7462 for next Short Term Trend confirmations.

Pre-open Outlook(21-01-2016)

Following lines were told yesterday in "Correction Continuation after follow up Selling" and being repeated today because Asian markets are strong today morning and lower levels supports were also seen yesterday therefore positive opening of Indian markets will be seen today:-

1- for precaution valid breaking down of 7242 should be firstly watched today.
2- more than 4 hours Mixed Patterns between 7294-7338 yesterday therefore expected that Nifty will firstly trade within yesterday trading range(7242-7338)
3- correction continuation towards 7104/6761 is still expected after follow up selling within and near about yesterday trading range.

As Short Term indicators are oversold and Asian markets also signalling some Global markets recovery therefore just wait and watch for valid break out of 7242-7462 for next Short Term Trend confirmations.

Correction Continuation after follow up Selling 

Intra Day Chart Analysis & Market Outlook

(21-01-2016)

Nifty-Intra Day Chart (20-Jan-2016):-

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Technical Patterns and Formations in today intraday charts

1- More than 4 hours Mixed Patterns between 7294-7338
2- Lower levels supports between 7242-7270 
3- 65 Points recovery from lower levels in last hour.
4- Whole day actual trading between 7242-7338

Conclusions from intra day chart analysis 

As all Global markets were crashing and Dow's Futures was also trading more than 200 points down therefore huge gap down opening in Indian markets but lower levels supports and more than 4 hours Mixed Patterns between 7294-7338 today therefore expected that Nifty will firstly trade within today trading range(7242-7338).As some supports were seen above 7242 today therefore for precaution its valid breaking down should be firstly watched tomorrow for immediate decisive down moves confirmations but complete consolidation is required for on going big correction completion. 

Let complete consolidation develop then correction completion will be considered otherwise slipping below today lowest(7242) and correction continuation towards 7104/6761 is still expected after follow up selling within and near about today trading range. 

Pre-open Outlook(20-01-2016)

Although Nifty closed 84.10 points up yesterday but we were not Bullish because minor selling was also seen at higher levels and good resistances were lying above yesterday highest therefore we told following line yesterday in "Sideways Market for Next Trend Preparation"

Nifty will trade and prepare for next decisive moves between 7337-7562 in the coming 1/2 sessions

As Dow's Futures is more than 140 points down today morning and resultant Asian markets are 1% to 3% negative therefore much weaker opening will be seen in Indian markets also and valid break down of yesterday lowest(7337) will mean fresh down moves towards 7104/6761.

Sideways Market for Next Trend Preparation
Intra Day Chart Analysis & Market Outlook
(20-01-2016)

Nifty-Intra Day Chart (19-Jan-2016):-

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Technical Patterns and Formations in today intraday charts

1- Consolidation between 7365-7378
2- Up moves with intraday consolidation
3- Minor selling between 7438-7462
4- Consolidation between 6409-6424
5- Whole day actual trading between 7365-7462

Conclusions from intra day chart analysis 

As whole day good intraday consolidation patterns formations yesterday therefore we were Bullish and told for Pull Back rally or Bounce back possibility in following topic yesterday despite closing was near the lower levels of the day yesterday:-

Pull Back rally or Bounce back possibility amid Correction continuation towards 7104

111 Points bounce back was seen with 84.10 points positive closing today 

Although good intraday consolidation patterns formations today but minor selling patterns were also seen at the higher levels of the day therefore follow up consolidation is firstly required for decisive up moves towards following next resistances:-

1- Resistances between 7504-7562
2- Resistances between 7552-7606
3- Resistances between 7614-7640

As continuous resistances between 7504-7640 therefore market has to consolidate completely for sustaining above 7640 and trend reversal strong signal as well.

Expected that Nifty will trade and prepare for next decisive moves between 7337-7562 in the coming 1/2 sessions.Let market prepare for next direction then will be updated according to intraday charts patterns formations in the coming sessions Outlooks,as being done for the last more than 5 years.

Live Proofs of Indian Stock Markets 100% Accurate Predictions

Although Yesterday closing was near the lower levels of the day but we told following lines for Bounce back possibility at 07:56 PM yesterday in "Pull Back rally or Bounce back possibility amid Correction continuation towards 7104":-

1- Pull Back rally or Bounce back possibility will be considered after today intraday consolidation despite today closing near the lower levels of the day. 
2- Pull Back rally or Bounce back possibility after some intraday consolidation patterns formations today.

As was told yesterday 100% same happened today and 41 points Nifty bounce back was seen in 1st minute of today trading. 

Pull Back rally or Bounce back possibility amid Correction continuation towards 7104

Intra Day Chart Analysis & Market Outlook

(19-01-2016)

Nifty-Intra Day Chart (18-Jan-2016):-

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Technical Patterns and Formations in today intraday charts

1- Minor selling between 7416-7438
2- All the down moves in Bullish Falling Channel
3- Whole day actual trading between 7337-7463

Conclusions from intra day chart analysis 

As Dow jones closed 390 points down last Friday therefore most Asian markets were trading in negative zone and some were more than 1% down also therefore weaker opening of Indian markets but outperformed and traded flat to minor down many times in first more than 4 hours which was a positive sign for Bulls. 

When Indian markets were trading near the higher levels of the day at 01:50 PM then decisive down moves started which remain continued till the end of today trading because big down moves started from 01:50 PM in following Global markets:-

1- Dow's Futures slipped from 16047 to 16892 and lost 155 points between 01:50 PM-03:30 PM
2- Dax slipped from 8659 to 8457 and lost 202 points between 01:50 PM-03:30 PM
3- FTSC slipped from 5853 to 5765 and lost 88 points between 01:50 PM-03:30 PM
4- CAC slipped from 4255 to 4160 and lost 95 points between 01:50 PM-03:30 PM

Although minor selling at higher levels but all the down moves in Bullish Falling Channel also today therefore indication of consolidation process beginning today. As indicators are also oversold therefore Pull Back rally or Bounce back possibility will be considered after today intraday consolidation despite today closing near the lower levels of the day. 

Correction continuation towards 7104 and its completion will be considered only after complete consolidation but Pull Back rally or Bounce back possibility after some intraday consolidation patterns formations today.

Post-open Outlook(18-01-2016)

Although most time negative zone trading and now trading in Red also but Indian markets are out performing Global markets since opening today and minor intraday support at 7384 also in first hour therefore firstly valid break down of 7384 should be watched now for fresh down moves confirmations.

Deeper Correction Continuation

Intra Day Charts Analysis & Market Outlook

(18-01-2016)

Nifty-Intra Day Chart (Jan 07 to Jan 15,2016):-

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Technical Patterns and Formations in last 7 Sessions intraday charts

1- 7 Sessions actual trading between 7425-7654
2- Selling between 7552-7640 in previous 6 sessions
3- Supports between 7488-7521 on 11-01-2016 and 12-01-2016
4- Supports between 7425-7458 on 13-01-2016 and 14-01-2016
5- Selling between 7504-7562 on 15-01-2016

Conclusions from 7 Sessions intra day chart analysis 

Last 7 sessions actual trading between 7425-7654 with above mentioned supports and resistances.As sufficiently big 7 sessions sideways trading between 7425-7654 therefore following line was told on 14-01-2016 in valid break out of 7425-7640 will produce 5% Nifty moves

It is confirm that valid break out of 7425-7640 will produce 5% Nifty moves

Good selling in previous 6 sessions and more than 4 hours follow up good selling was seen on 15-01-2016 also therefore expected that on going correction will remain continued below 7 sessions lowest(7425) in next week which may be deeper also. Just go through following topic links for detailed technical analysis of on going that correction which started on 04-03-2015 from 9119.20:-

1- Updated on 07-01-2016:- Correction Continuation towards 7104/6761
2- Updated on 13-09-2015:- Finally correction continuation towards 7104/6761
3- Updated on 06-09-2015:- Next Target of Nifty at 7104.30