Tag Archives: Bank Nifty Weekly Outlook

Nifty & Bank Nifty Weekly Technical Outlook for 02nd Dec, 2013

Nifty Daily Chart

Nifty Daily Chart

Bank Nifty Daily Chart

Bank Nifty Daily Chart

“Ham Me Hai Hero”

Every market runs on hope, greed and fear, for that matter, in fact every business runs on the same principles, and it is those who understand the psychology in best possible manner wins the race, turns out to be a hero of the game. For our markets, somebody calls FII’s as a Hero of the market, or sometimes we feel that they are purposely portrayed as a hero, basically their unity, understanding and money flow gives them upper hand to diktat the market. But, if our understanding is right, we have done our home work and remained objective than we can proudly say that “Ham Me Hai Hero”

Expiry is over, and now everybody is eyeing on Election results which are due in next week. Many speculations rolls around the market, about USD/INR situation, impact post result announcements. At this juncture traders are more concerned about their standing position other than nation’s future, hard fact, but reality. In this situation we are trying to analyze things in our way, with clear focus on what should be the trading strategy in the coming weeks.  If you wish to read more about our understanding than you need to register here

Nifty & Bank Nifty Weekly Technical Outlook for 25th Nov, 2013

nifty technical analysis charg

Nifty Daily Chart

Bank Nifty Daily Chart

Bank Nifty Daily Chart

Learn from yesterday, live for today, hope for tomorrow. The important thing is not to stop questioning. – Albert Einstein

We agree or disagree, market always gives us a chance, and it is we, who actually don’t understand the signal and keep on expecting and finally reach a stage where we don’t have an option but just to break down.  To trade and succeed in the markets is always a challenging task and it is going to remain more challenging in days to come, but mantras for any success is keep practicing and learning from your mistakes, lay down your rules and follow them religiously. At Way2Profits we have our own rules, and guidelines and we strictly follow them, and that is the reason we can help you to judge and trade the market in right direction.

To read, our understanding, you just have to Click here to register, and our report will get deliver in your mail box by Sunday evening.

Nifty & Bank Nifty Weekly Technical Outlook for 18th Nov, 2013

Bank Nifty Daily Chart

Bank Nifty Daily Chart

Nifty Daily Chart

Nifty Daily Chart

Everything we hear is an opinion, not a fact. 

Everything we see is a perspective, not the truth. – Marcus Aurelius 

As always there will be difference of opinion between two generations, and that difference gives birth to revolution and new practices. Market trading was very different than what it is now. We all know the mantra which we used to hear from our earlier generation, that “Buy It & Forget It”, and trust us we come to in close contacts with few gentleman’s who made lot of money and still enjoying their fruits in their retirement. But, now everything has become dynamic, investment has transformed into trading, FII’s buying and selling pattern has changed in last couple of years. Earlier, they use to look at yearly returns, than they started looking at Monthly, than Weekly and now they are concerned about intraday volatility and momentum, still there are few who follow old practice, so we’ll not claim that everybody is in same foot. Point we are trying to make is, all long term forecast (some are making predictions as well, don’t know how), are good to prove the smartness and understanding of individual analyst, but is that good for your trading. Answer lies to you.

At Way2Profits, we try to follow one simple practice, to stay with trend (if it’s there), sometimes we fail and sometimes we manage to catch it in right manner, fortunately, last week we were at right side, hopefully next week. To read, our understanding, you just have to Click here to register, and our report will get deliver in your mail box by Sunday evening. And yes, we neither make any forecast, nor we have magic stick for making predictions.

Nifty & Bank Nifty Weekly Technical Outlook for 11th Nov, 2013

Bank Nifty Daily Chart

Bank Nifty Daily Chart

Nifty Daily Chart

Nifty Daily Chart

The man with Insight enough to admit his limitations comes nearest to perfection- Johann Wolfgang von Goethe

So far, everybody is back in action after Diwali Holiday. Till date, we are following similar kind of move which we witnessed three year back on 5 Nov Diwali 2010, which was the final top for the year and top was tested only in recent past. Does that mean Top is already placed? Whenever market reaches to this kind tops and bottoms, there is always going to be a big tussle between Bulls and Bears and no party would allow single thread to keep loose.

In this situation it is very easy to make Bold Statements that “Top is Placed” or “It is just The Beginning – Chap”. At Way2Profits our approach is very clear, daily we approach market with fresh perspective in mind, and give you unbiased view on the market. To read, our understanding of the market you need to register your email id here and get our report delivered to mail box, at no cost Click here to register

Few Clarifications –

  • If you are already registered and receiving newsletter in weekend, then no need to re-register, again, you’ll receive report timely.
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Nifty & Bank Nifty Weekly Technical Outlook for 05th Nov, 2013

Bank Nifty Daily Chart

Bank Nifty Daily Chart

Nifty Daily Chart

Nifty Daily Chart

Happy Diwali Readers

Diwali is the festival which comes with lots of Happiness in our life. Market is scaling higher, and trading near to its highs. If we see just past one year move, than market has given decent ~15% gains, yes, this move was sector specific, stock specific, and that was the mantra for last year, and it is expected to continue even in Samvat 2070 also.

For our valued readers we have small surprise for you as a Diwali Gift which will be shared with you very shortly. (No exclamation mark for sure)

If you wish to read our outlook and grab Diwali surprise for you than Click here to register

Few Clarifications –

  • If you are already registered and receiving newsletter in weekend, then no need to re-register, again, you’ll receive report timely.
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Nifty & Bank Nifty Weekly Technical Outlook for 28th Oct, 2013

Nifty Daily Chart

Nifty Daily Chart

Banking Index Daily Chart

Banking Index Daily Chart

 

One of the funny things about the Stock Market is that every time one person buys, another sells, and both think they are astute. – William Feather

Sensex reached to the psychological level of 21000 near to Diwali time, and just one week before the futures market expiry. As always, markets chit-chat with all good and bad views, and have full sauce to confuse the retail and small investors.  Basically, playing with sentiments is the name of market trading, and that is exactly what is happening in the market. Because, if we see fundamentally market has no or very few reason to contribute to this rally, just because it is in sprint, smart speakers are coming with some findings, which were there just because market is at this place. And technically, it is perceived that markets are exhausted and either top is done or about to done. But does this market listen to any of us, or just dance on the tune of Big Boys…

We try to put our point with our technical understanding, and we assume that fundamentally you are sound enough or at least reading some news paper, so we’ll not take much of your time in that.

If you like to read our technical understanding than you need to subscribe to this mailing list and get our report in your mail box, yes, which has no charge, so no confusion Click here to register

Few Clarifications –

  • If you are already registered and receiving newsletter in weekend, then no need to re-register, again, you’ll receive report timely.
  • If you are registered for daily reports then you need to register here to get full weekly report.

Nifty & Bank Nifty Weekly Technical Outlook for 14th Oct, 2013

Nifty Daily Chart

Nifty Daily Chart

Bank Nifty Daily Chart

Bank Nifty Daily Chart

Tell me and I forget. Teach me and I remember. Involve me and I learn – Benjamin Franklin.

Every market participants, one or another day will agree with excellent quote of Benjamin Franklin. If I tell you, I am sure you are going to forget, if I teach, you will struggle to remember, but if you are involved with me than for sure you are going to learn and remember. As a trader or an analyst, you always have to accept supremacy of markets, the day when you start becoming stubborn with your view or start loving your trade, you begin journey which will drive you nowhere.

In last couple of weeks, what we observed is, even if you are right in your view, market is not allowing you to make profits out of it. Because, one day market moves in one direction and you build a position, immediately next day you find yourself in a dilemma, whether to hold this position or take a stop and get out of the market. Finally, as a small trader you cut your losses and get out, and next day you find that market open gap up and game is over. Your loss making position goes in profit, and you can’t dare to take fresh position seeing market already very high. This is tough time and we believe that it will not last, so cheer up.

Let’s take snap shot of last week, and understand what could be the next move of the market.

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Few Clarifications –

  • If you are already registered and receiving newsletter in weekend, then no need to re-register, again, you’ll receive report timely.
  • If you are registered for daily reports then you need to register here to get full weekly report.

Nifty & Bank Nifty Weekly Technical Outlook for 07 Oct, 2013

Nifty Technical Analysis Chart

Nifty Technical Analysis Chart

Bank Nifty Daily Technical Analysis Chart

Bank Nifty Daily Technical Analysis Chart

After bundle of surprises and shock September month is over, but as we are progressing in October month, market started trading with utmost risk and volatility, and it is likely to continue in days to come, that is for sure. To being unsure there are many primary questions which needs to be answered, like we started Bull Trend or still moving under correction? , whether top is done or market is likely to move higher again? CNX IT Index, whether is going to correct in near future or will move higher  and push broad markets? Bank Nifty will under perform or outperform the market? Where Rupee is heading toward, what could be next move in Rupee? Should we accumulate Gold or we should wait for prices to correct?

Like that there are many questions which remain unanswered. At Way2Profits, we don’t claim to answer all this question, but yes, time and again we try to answer this questions?

As Denis Waitley Said “Don’t dwell on what went wrong. Instead, focus on what to do next. Spend your energies on moving forward toward finding the answer.”

To read full report, just register here and get report in your mail box absolutely free.

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Few Clarifications –

  • If you are already registered and receiving newsletter in weekend, then no need to re-register, again, you’ll receive report timely.
  • If you are registered for daily reports then you need to register here to get full weekly report.

Nifty & Bank Nifty Weekly Technical Outlook for 30 Sept, 2013

Nifty Daily Chart

Nifty Daily Chart

Bank Nifty Daily Chart

Bank Nifty Daily Chart

Month of Surprises and Shockers is about to over.

Nifty remained weak throughout August month, some relief came at the end of Month, so it was obvious market started expecting some retracement in month of Sept, but broadly, weak tone was already set in the minds of people, because we already saw 5118 levels. Nobody has predicted (yes, you can’t forecast here) that Nifty can even cross 6000++ levels, leave the idea of 6150, including us.  After giving sharp breakdown on 3rd Sept, Nifty again moved higher, first surprise; from the low 5318 Nifty climbed towards 5924, just in matter of five trading sessions move of 600+ second surprise; after staying range bound for five sessions giving upside breakout from falling trendline and making high of 6142.50, third surprise; immediately correcting the move, but staying absolutely flat on expiry day by moving in a range of 53 points, last fourth surprise. Does anyone here, who must have even thought of this spectacular rally and trading appropriately. We are sure there is none, but there is a race to conceal the deficiency. Fortunately, Way2Profits is not in such race. Now, let’s try to understand and prepare our self for coming month of October, and see whether we can catch the right move or not.

To read full report, just register here and get report in your mail box absolutely free.

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Few Clarifications –

  • If you are already registered and receiving newsletter in weekend, then no need to re-register, again, you’ll receive report timely.
  • If you are registered for daily reports then you need to register here to get full weekly report.

Nifty & Bank Nifty Weekly Technical Outlook for 23 Sept, 2013

Nifty Daily Chart

Nifty Daily Chart

Bank Nifty Daily Chart

Bank Nifty Daily Chart

You can’t be always right buddy…

Or Some excuse is coming to help you…

During last week market gave us surprise in terms of momentum and not in terms of direction, but missed chance is lost chance, but does not mean that you lost whole game. In month of August we saw some sharp declines, while in September we are witnessing some sharp rise. One lesson what we learn from market is You can’t be always right, and if you accept your defeat life (trading life) becomes smooth for you, but once you start arguing and finding all alternates in form of excuse or in form of another pattern formation, or at last you have big excuse of macro economics in your hand to put all blame, basically, you are trying to justify what you have earlier said.  At Way2Profits, you’ll never finds us blaming any other factors, but to accept our deficiency and moving ahead, and we believe that is what our USP is. If you are bored from hearing all stupid excuses which are very much available on tip of Google, then feel free to Join our mailing list and get fresh perspective on market.

To read full report, just register here and get report in your mail box absolutely free.

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Few Clarifications –

  • If you are already registered and receiving newsletter in weekend, then no need to re-register, again, you’ll receive report timely.
  • If you are registered for daily reports then you need to register here to get full weekly report.