Any wild swings at lifetime high levels seem like they are a major reversal. But there are ways to know if it’s a reversal or just a correction. Like many retail traders who know technical analysis would often go short on Nifty on days like the 21st of December or try to short any rally after a ...

Nifty had a minor negative start yesterday and prices consolidated in a range till 12 pm. Post that the selling pressure started kicking in and prices crashed on downside losing more than 600 points touching an intraday low of 13131 levels. The selling was across the board with stocks like Tatamo...

In current market environment there are stock specific action that can be witnessed. We can clearly see in below research how Elliott wave theory helped in capturing the move on the upside for Momentum calls. Below research is picked up from Momentum calls and research report published on 17th D...

Trend following methods – One of the powerful trend following method that has worked extremely well in the current market environment is combination of two moving averages along with the Bar technique. Bar Technique – As long as the low of the prior day’s is protected on closing basis one can co...

Nifty has continued to drift higher over past many days. Infact it has been nearly 26 days since Nifty has managed to protect the prior lows on closing basis (excluding outside candles). This is a typical behavior of an Expanding Triangle pattern that creates the much needed euphoria by giving a ...

Copper continues to be in wave 3 of the terminal impulse. Prices are drifting upwards and have not given a single close below the prior low since the onset of wave 3. Below is the daily chart of MCX Copper with detail analysis using Bollinger band combined with Elliot Wave theory which was publi...

State Bank of India had exhibited a classic neutral triangle pattern. See below how the up move was predictable so seamlessly. Neutral Triangle: This pattern is defined in Neo Wave Advanced Elliott wave that takes the category of a triangle but does not necessarily look like an orthodox triangle...

JSW steel has been moving precisely as per channel and Neo wave Diametric patterns. In addition to that ADX indicator also suggested the up move. Read below the detailed explanation on indicators and wave patterns. Average Directional Index (ADX) ADX indicator measures the strength of the trend....

Nifty had been following the Time cycles extremely well and it is a very powerful tool to apply if only you know how to use it.Trading successfully and profitably is easy only if you have the right tools and know when not to trade. Also, cutting the losses short and letting profits run is utmost ...

Neo wave is advanced concept of Elliott wave and the key to trade profitably is identifying the pattern. Have a look over the classic Diametric pattern as per Neo wave in Crude. Also see how well ichimoku cloud supported the study which gave an added confirmation of the price action on upside in...