ॐ ह्रीं श्रीं लक्ष्मीभयो नमः॥
Mid-Session Outlook(01-06-2010)
Dow's futures was trading more than 60 points down and resultant all Asian markets were down. As weakness suspected in Indian markets therefore Pre-Open Market Outlook was revised today morning. Dow's futures slipped again and now trading more than 130 points down therefore weakness deepened in Indian markets despite bullish technical development yesterday. All the global markets are reacting European uncertainities and seems that until things will not settle till than sharp voltality will be seen. If Nifty get support at 4860 or above in melting global markets then recovery in Indian markets can be expected. Indian markets slipping and long positions should be considered only after strong supports getting signals at or above 4860.
Watch 5020-5070 forn next move confirmations
Pre-Open Market Outlook-2 (01-06-2010)
Dow's futures slipped more than 60 points therefore all Asian markets are trading in Red. US markets closed 1% down last Friday and today weak trading futures is giving caution signal. Indian markets will open weak and will trade and prepare for next move within last 2 days trading range 5020-5070. As global uncertainity was the major reason of previous correction therefore above mentioned last 2 days trading will give next move confirmation even after yeaterday break out and closing above.
5160 will be tested positively if Nifty crosses 5070 but after slipping global market signals next move preperation should be watched first within last 2 days trading range.
(Lalit Kumar Dhingra)
Dow's futures slipped more than 60 points therefore all Asian markets are trading in Red. US markets closed 1% down last Friday and today weak trading futures is giving caution signal. Indian markets will open weak and will trade and prepare for next move within last 2 days trading range 5020-5070. As global uncertainity was the major reason of previous correction therefore above mentioned last 2 days trading will give next move confirmation even after yeaterday break out and closing above.
5160 will be tested positively if Nifty crosses 5070 but after slipping global market signals next move preperation should be watched first within last 2 days trading range.
(Lalit Kumar Dhingra)
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accurate predictions
Pre-open Outlook(01-12-2011)
When all the global markets are blasting and SGX Nifty is more than 160 points up then anyone can say for strong Indian markets but when;-
1- When global markets were dipping
2- When FIIs were selling
3- When Indian Rupeee was sliping
4- When most of the News Channels were telling for most bearish markets
5- When most of the experts were telling for Bearish markets and also updating for Nifty at 4500/4200/4000/3800/3500
Then we started to tell for Bullish Indian markets from 23-11-2011and repeated 16 times again and again daily in 4 Forums,2 News Papers and in our Website.
Those live proofs are as follows which all will always accept and no one can deny and if anybody have any doubt then can verify on his own from any of above mentioned updating sources;-
1- Confirmation required for 64 sessions range(4720) breaking down(23-11-2011)
Indian markets are prepared for a strong bounce back and if Nifty sustains above 4720 then strong pull back rally will be seen.
2- Mid-session Outlook(24-11-2011)
As two sessions support above 4640 therefore until Nifty will not sustain 4640 till then any down move will not be considered and sustaing above 4678 will be confirmation of fresh up moves after correction completion therefore should be kept in mind.
3- Pre-Closing Outlook(24-11-2011)
Nifty moved above 4720 after getting strong support at 4640 and again entered between 64 sessions range. More up moves are expected after correction completion confirmations.
4- Pull Back rally is on after correction completion(24-11-2011)
Pull Back Rally commenced after correction completion today and crossing as well as sustaining above 4890 will be confirmation of strong up moves.
5- Up move expectations were told at 10:12:00 AM on Post-open Outlook(25-11-2011)
As first 45 minutes intraday patterns showed consolidations patterns between 4700-4720 therefore up move expectations are alive after follow up consolidations despite depressing global sentiment.
6- Bearish view was not told despite Red closing in Pre-Closing Outlook(25-11-2011)
As clear consolidation patterns at lower levels today therefore view is not bearish despite Red closing today.
7- Bearish view was not told despite Red closing in Pre-Closing Outlook(25-11-2011)
As clear consolidation patterns at lower levels today therefore view is not bearish despite Red closing today
8- Bullish market was proved on 26-11-2011 in Pull Back Rally will continue in next week and following line was told:-
Pull Back Rally has begun in previous week and will remain continued in the coming week.
9- Pull Back Rally is on (28-11-2011)
finally up moves will be seen today and previous week started Pull Back Rally will remain continued with today positive market.
10- Mid-session Outlook(28-11-2011)
finally continuation of rally is expected after consolidations.
11- Bullish Bombs ready to Blast(28-11-2011)
expected that mentioned resistance will be crossed and bullish rally will continue in the coming sessions.
12- Technical Analysis and Research For 29-12-2011
strong bullish indication therefore continuation of previous week rally will be seen in this week.
13- Fibonacci Retracement Levels(28-Nov-2011):
Pull Back Rally begun after its completion on 24-11-2011 at 4640. Fibonacci Retracement Levels of on going up moves are as follows:-
14- Nifty-Micro Analysis of Intra Day Chart For 30-11-2011
Technically Indian markets are riped for a strong Pull Back Rally
15- Rally will contine within most Crucial Trend deciding Range(30-Nov-2011)
intraday charts of yesterday are showing consolidation patterns therefore firstly continuation of rally is expected within 65 Sessions range(4720-5229).
16- Pre-Closing Outlook(30-11-2011)
As intraday consolidation pateerns today also and continuation of rally expected in the coming sessions.
We are having more than 4 Years record of such accurate Indian markets predictions
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CAMARILLA Pivot Point
CAMARILLA Pivot Point
Camarilla Equation Levels:
The Camarilla Equation produces 8 levels from yesterday’s open, high, low and close. These levels are split into two groups, numbered 1 to 4. The pattern formed by the 8 levels is broadly symmetrical, and the most important levels are the ‘L3′, ‘L4′ and ‘H3′, ‘H4′ levels. While day trading, traders look for the market to reverse if it hits an ‘L3′ or ‘H3′ level. They would then open a position AGAINST the trend, using a stop loss somewhere before the associated ‘L4′ or ‘H4′ level.
The second way to try day trading with the Camarilla Equation is to regard the ‘H4′ and ‘L4′ levels as ‘breakout’ levels – in other words to go WITH the trend if prices push thru either the H4 or L4 level. This essentially covers all the bases – Day Trading within the H3 and L3 levels enables you to capture all the wrinkles that intraday market movement throws up, and the H4 – L4 breakout plays allow the less experienced trader to capitalise on relatively low risk sharp powerful movements.
How to use this system:
Look at the opening price for the stock/futures/commodities/currency.
Scenario 1
Open price is between H3 and L3
For Long
Wait for the price to go below L3 and then when it moves back above L3, buy. Stoploss will be when price moves below L4. Target1 – H1, Target2 – H2, Target3 – H3
For Short Sell
Wait for the price to go above H3 and then when the price moves back below H3, sell. Stoploss will be when price moves above H4. Target1 – L1, Target2 – L2, Target3- L3
Scenario 2
Open price is between H3 and H4
For Long
When price moves above H4, buy. Stoploss when price goes below H3. Target – 0.5% to 1%
For Short Sell
When the price goes below H3, sell. Stopless when prices moves above H4. Target1 – L1, Target2 – L2, Target3- L3
Scenario 3
Open price is between L3 and L4
For Long
When price moves above L3, buy. Stoploss when price moves below L4. Target1 – H1, Target2 – H2, Target3 – H3
For Short Sell
When the price goes below L4, sell. Stoploss when price moves above L3. Target – 0.5% to 1%
Scenario 4
Open price is outside the H4 and L4
Wait for the prices to come in range and trade accordingly.
CAMARILLA Pivot Point
Today i will explain one more Trading System which is known as CAMARILLA Pivot Point which will come Handy for Day Trading Purpose.
Origins of the Camarilla Equation:
Discovered while day trading in 1989 by Nick Stott, a successful bond trader in the financial markets, which uses a truism of nature to define market action – namely that most time series have a tendency to revert to the mean. In other words, when markets have a wide spread between the high and low the day before, they tend to reverse and retreat back towards the previous day’s close. Input to the Systems is yesterday’s open, high, low and close. These levels are, frankly, astounding in their accuracy as regards day trading, even to seasoned traders, who know all about support and resistance, pivot points and so on.
Today i will explain one more Trading System which is known as CAMARILLA Pivot Point which will come Handy for Day Trading Purpose.
Origins of the Camarilla Equation:
Discovered while day trading in 1989 by Nick Stott, a successful bond trader in the financial markets, which uses a truism of nature to define market action – namely that most time series have a tendency to revert to the mean. In other words, when markets have a wide spread between the high and low the day before, they tend to reverse and retreat back towards the previous day’s close. Input to the Systems is yesterday’s open, high, low and close. These levels are, frankly, astounding in their accuracy as regards day trading, even to seasoned traders, who know all about support and resistance, pivot points and so on.
Camarilla Equation Levels:
The Camarilla Equation produces 8 levels from yesterday’s open, high, low and close. These levels are split into two groups, numbered 1 to 4. The pattern formed by the 8 levels is broadly symmetrical, and the most important levels are the ‘L3′, ‘L4′ and ‘H3′, ‘H4′ levels. While day trading, traders look for the market to reverse if it hits an ‘L3′ or ‘H3′ level. They would then open a position AGAINST the trend, using a stop loss somewhere before the associated ‘L4′ or ‘H4′ level.
The second way to try day trading with the Camarilla Equation is to regard the ‘H4′ and ‘L4′ levels as ‘breakout’ levels – in other words to go WITH the trend if prices push thru either the H4 or L4 level. This essentially covers all the bases – Day Trading within the H3 and L3 levels enables you to capture all the wrinkles that intraday market movement throws up, and the H4 – L4 breakout plays allow the less experienced trader to capitalise on relatively low risk sharp powerful movements.
How to use this system:
Look at the opening price for the stock/futures/commodities/currency.
Scenario 1
Open price is between H3 and L3
For Long
Wait for the price to go below L3 and then when it moves back above L3, buy. Stoploss will be when price moves below L4. Target1 – H1, Target2 – H2, Target3 – H3
For Short Sell
Wait for the price to go above H3 and then when the price moves back below H3, sell. Stoploss will be when price moves above H4. Target1 – L1, Target2 – L2, Target3- L3
Scenario 2
Open price is between H3 and H4
For Long
When price moves above H4, buy. Stoploss when price goes below H3. Target – 0.5% to 1%
For Short Sell
When the price goes below H3, sell. Stopless when prices moves above H4. Target1 – L1, Target2 – L2, Target3- L3
Scenario 3
Open price is between L3 and L4
For Long
When price moves above L3, buy. Stoploss when price moves below L4. Target1 – H1, Target2 – H2, Target3 – H3
For Short Sell
When the price goes below L4, sell. Stoploss when price moves above L3. Target – 0.5% to 1%
Scenario 4
Open price is outside the H4 and L4
Wait for the prices to come in range and trade accordingly.
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NEW DELHI
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Daily Outlook
Crucial Technical Gaps break out is must for Next Big Trend
Nifty-EOD Chart (01-Oct-2013):-
 |
| Just click on chart for its enlarged view |
Technical Patterns and Formations in EOD charts
1- Bearish Head and Shoulders Pattern formations in 14 sessions
2- Neckline at 5810
Conclusions from EOD chart analysis
Bearish Head and Shoulders Pattern formations and its Neckline broken down on 30-09-2013 as well as last 2 sessions closing below it. Technically 3 days or minimum 3% closing below Neckline is required for valid break out confirmation of Neckline and it has not happened yet.
Nifty-EOD Chart (01-Oct-2013):-
 |
| Just click on chart for its enlarged view |
Technical Patterns and Formations in EOD charts
1- Bottom formation at 5118.85 on 28-08-2013 and Wave-1 beginning
2- Wave-1(5580.95 on 03-09-2013)
3- Wave-2(5318.90 on 04-09-2013)
4- Wave-3(5957.25 on 16-09-2013)
5- Wave-4(5798.15 on 16-09-2013)
6- Wave-5(6142.50 on 19-09-2013)
7- 'ABC' Correction continuation.
8- Wave-A(5811.10 on 25-09-2013)
9- Wave-B(5917.65 on 26-09-2013)
10- Wave-C bottom formation at 5700.95 on 01-10-2013.
11- Bullish Hammer formation on 01-10-2013.
Conclusions from EOD chart analysis
'ABC' Correction continuation and Wave-C bottom formation at 5700.95 on 01-10-2013 but same day good recovery after lower levels supports also even after negative news of 'Shut Down in USA'. As Bullish Hammer Candle formation on 01-10-2013 also therefore sustaining below Wave-C bottom is also required for further correction continuation.
Nifty-EOD Chart (01-Oct-2013):-
 |
| Just click on chart for its enlarged view |
Technical Patterns and Formations in EOD charts
1- 200 Day SMA at 5840
2- 200 Day EMA at 5751
Conclusions from EOD chart analysis
Long Term trend decider 200 Day SMA broken down but Long Term trend decider another average 200 Day EMA has not been broken yet and closing above it on 01-10-2013. Sustaining below 200 Day EMA is must and firstly required for deeper correction.
Nifty-EOD Chart (01-Oct-2013):-
 |
| Just click on chart for its enlarged view |
Technical Patterns and Formations in EOD charts
1- Gap resistance between 5810-5819
2- Gap support between 5689-5738
3- Gap support between 5460-5553
Conclusions from EOD chart analysis
Nifty closed at 5780.05 on 01-10-2013 which is between both next Gap support and next Gap resistance.
Nifty-Intra Day Chart (01-Oct-2013):-
 |
| Just click on chart for its enlarged view |
Technical Patterns and Formations in today intraday charts
1- Lower levels supports at 5701 after USA Shut Down news.
2- Whole day up moves in Bearish Rising Channel.
3- Whole day actual trading between 5701-5786
Conclusions from intra day chart analysis
Lower levels supports and panic bottom formation after USA Shut Down news and whole day up moves also but in Bearish Rising Channel therefore both Bullish and Bearish intraday formations and sustaining beyond today trading range(5701-5786) will be next trend first indication.
Conclusions (After Putting All Indicators Together)
As 'ABC' correction begun after completion of 5 waves of 16 sessions strong rally(5119-6142) therefore correction of whole rally is being seen. Good supports seen at lower levels on 01-10-2013 even after negative news of 'Shut Down in USA' and Bullish Hammer Candle formation also therefore it is correction completion first signal and sustaining below lowest of same day(5701) is must for correction continuation indication.
Nifty closed at 5780.05 on 01-10-2013 with both Bullish and Bearish intraday patterns formations and both deeper correction signals through Bearish Head and Shoulders Pattern and correction completion signal also on 01-10-2013 through lower levels good supports therefore next trend more preparations and formations are required for next trend formations and decisive moves.
Nifty previous closing is between next Gap resistance(5810-5819) and Gap support(5689-5738) and technical positions are mixed therefore Nifty will firstly trade and prepare for next trend and one side moves between 5689-5819 and valid break out of this range will decide:-
1- Rally after correction completion above 5819 or
2- Trend reversal below 5689.
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