Sunday, January 31, 2016

Gypsy Witch



  1. In the month of Feb 2016, consider Nifty as range-bound between 7123 and 7873;
  2. If Nifty remains above 7409 Cash level it can test the higher pivots of 7123 to 7873 range;
  3. Otherwise it would test the lower pivots of 7123 to 7873 range;
  4. The week could see a short squeeze in-spite of the negative bias;
  5. A weekly closing below 7323 looks improbable at this stage;
  6. A weekly closing above 7800 would confirm a reversal;
  7. Trade long above 7673 and short below 7447

Sunday, January 24, 2016

Ruins Of Athens



  1. This is a short week, Tuesday being a Holiday;
  2. The Bias for the week is likely to remain Negative;
  3. One could keep trading for 75 - 150 points;
  4. This week one could buy below 7247 Nifty Cash Level;
  5. The Institutions are not entertaining any long term bets at this point;
  6. Any bounce could easily carry till 7605 - 7930;
  7. I publish the World's Best Trading Newsletter too, called Saturnus;

Sunday, January 17, 2016

Atlantis is Calling

  1. Be Fearful When Others Are Greedy and Greedy When Others Are Fearful
  2. If you aren't long already - seek fresh stuff below 7323
  3. There is insufficient panic as of now, but make good use if it happens ;)
  4. Use March 2016 Options
  5. Not expecting reversal until next week

Sunday, January 3, 2016

The Weekly Outlook

  1. Nifty has reached a critical point in the present bounce from 7552;
  2. A close above 7997, would probably clear the way for 8100;
  3. A close above 8073, would probably clear the way for 8223;
  4. Any weakness would have Nifty slipping below 7900;
  5. The period between Jan 7th till Jan 14th could bring instability/wild swings
  6. Confidently Short above 8073 with SL at 8147;
  7. Short Term Investors could unload all their holdings latest by Feb 5th, 2016;