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 ...

Basic technical tools like channels, moving averages, RSI, Bollinger bands supported by Neo wave works brilliantly to capture the short as well as medium term trend and to stay objective. ITC had finally given breakout over its consolidation phase. Recently we were able to capture the up move in...

Elliott wave patterns is applicable not only on stocks or indices spot chart but can be applied directly to the options chart as well. The below research shows classic Neo wave Diametric pattern plotted on the option chart of strike price 11700 call. Nifty 11700 CE Option chart: Option Tradi...

Technical analysis is the vast subject and it has different kinds of techniques to understand the trend of any asset class. The concepts like trendlines, moving averages, Bollinger Bands are the basic ones but it is very important to use all these indicators along with advanced technical tools li...

Nifty Time cycles has been working extremely well. Usually Cycles are used to catch lows but we can use the same in order to catch the tops as well if there is a rhythmic pattern. Time Cycles has to be applied along with Elliott wave / Neo wave for better forecasting ability and prudent trade set...

Bank Nifty is the index that showcases the health of the economy. Last month, it was marked that when Nifty rose from the lows of 7511 towards the level of 11795 in August, Bank Nifty had participated in the very fag end of the up move and even now, Nifty broke the prior high of 11795 but Bank Ni...

Nifty Neo wave pattern suggests prices are in second corrective pattern and showing some tiredness. Nevertheless, the support levels are protected as of now which can keep broader trend in a range as of now with crucial resistance lying near 12050 – 12100 on upside and important support now at 11...

Time Cycles along with Neo wave can give the broader context for the market. Do remember it is not a signalling system but to understand the reversal zones. For precise signals it is important to see the short term charts right from 60 minutes to 15 minutes time frame. Many traders jump the gun ...

The IT index has been known to move independently than the benchmark Nifty50 index. TCS has been one of the outperformers in the IT sector which continues to give great returns to its investors. A good moving average tends to provide support on dips during rallies and resist price on pullbacks d...

Nifty witnessed a sharp fall in the previous week followed by a V shaped recovery. It is amazing to see how the advanced tools like FLD gave an indication of this reversal very precisely. FLD – Future Line of Demarcation is an important Technical analysis tool that helps us to project price targ...