Nifty Today’s Trend, Prediction, View, Target 13th July

Nifty Today’s Trend, Prediction, View, Target 13th July

Nifty moved higher today in first part of the trading day and then gave a minor pullback the move of Nifty has surprised many traders but we were exactly expecting this move to play out and hence we had exited shorts at lower levels of 10700 and were trading in and out on the long side. Please keep in mind that we are not in the camp which is suggesting that Nifty is heading for a target of 12500 in the near term nor are we saying that Nifty has topped out in the near term so kindly do not reach a conclusion that we are in shorts for the time being as and whenever we see the Nifty topping out at that point in time we will be selling again but for the time being it is very important to be very analytical and trade. Most of the market participants are suggesting to sell at every level from 10800 assuming that Nifty will not move past the resistance areas of 10830 and then 10930 and now 11200 but when we see the price charts of Nifty we see that markets are saying and signaling something else. If we look at the move for the past few days the prior days low is also not being violated even on an intraday basis yet most people are short selling. Once again keep in mind that we are not suggesting a major bullish move but all we are saying is do not short sell blindly look for a reversal signal and then only sell with proper stop loss in place or risk management in place.  The overall sentiment currently is very bearish and from a very near term perspective we could see a short covering move coming in the next few days but the most important point to keep in mind is that from a time cycle perspective and from an astro cycle perspective we see very important geocosmic  signatures that are present over the next few days so keep that in mind and be very alert and trade based on the charts and not with a premeditated mind. As per our analysis, view, prediction Nifty trend is up for the time being but reversal could come in the next few days so be very alert.

Part of what we said

6/19/18, 9:07 AM – Glen Drago: Gm6/19/18, 9:07 AM – Glen Drago: Hold positions as told6/19/18, 9:08 AM – Glen Drago: Will update in sometime6/19/18, 9:33 AM – Glen Drago: Nifty exit 2 parts positional shorts at cmp6/19/18, 9:34 AM – Glen Drago: Confirmation Nifty stbt exited 2 parts6/19/18, 9:34 AM – Glen Drago: Bank Nifty exit 1 part at cmp6/19/18, 9:34 AM – Glen Drago: Confirmation bank Nifty 1 part exited6/19/18, 9:57 AM – Glen Drago: We can see levels of 10700-10678 spot Nifty but this is not the down move that we are expecting. Rather this is just another part of the pullback wave so we could once again bounce back to 10975-11000 levels give or take a few points so bottom line is that this is not the wave down and since we see another round of pullback there is no point in remaining short at current levels6/19/18, 9:57 AM – Glen Drago: Will update in sometime as and when we have to cover remaining shorts6/19/18, 9:58 AM – Glen Drago: Please understand that main trend remains down it is only that bounce will be extending towards the area of 10975-?????? with minor variation6/19/18, 9:59 AM – Glen Drago: On lower side we will exit remaining shorts and wait for upper side area to come before we reenter shorts6/19/18, 9:59 AM – Glen Drago: Will keep updating but for now just be on sidelines6/19/18, 12:20 PM – Glen Drago: Close all remaining shorts6/19/18, 12:20 PM – Glen Drago: Confirmation all Short’s closed6/19/18, 12:20 PM – Glen Drago: Confirmation no open positions6/19/18, 12:20 PM – Glen Drago: If anything else to do will update6/19/18, 12:51 PM – Glen Drago: Yesterday we mentioned that we will be doing tactical trade and wait for the time. Today we were expecting the fall till around the 10700 area but we don’t see much more downside now from current levels. We don’t see any wave characteristics that we should be seeing so we exited our shorts but keep in mind that doesn’t mean that a bull cycle is on. It’s a pullback that’s it and it should end around 10975-11000 give or take a few points. The market currently has a consensus trade sell with SL of 10850 or some say 10930 and we don’t see that trade working out for now. The system currently is full of shorts and we don’t see that markets will move directly lower from here. We see this as a bear trap currently and then at 10975 it will be a bull trap. Be on sidelines and wait for msg to trade6/19/18, 1:03 PM – Glen Drago: High risk trade BTST Nifty Buy 1 part at cmp and 2nd part at 10680 SL 10661 spot Nifty levels mentioned6/19/18, 1:03 PM – Glen Drago: Confirmation BTST trade 1 part active6/19/18, 1:54 PM – Glen Drago: Exit BTST at cmp6/19/18, 1:54 PM – Glen Drago: Confirmation BTST exited6/19/18, 1:54 PM – Glen Drago: If comes lower will update when to buy6/19/18, 3:10 PM – Glen Drago: BTST buy 1 part Nifty at cmp6/19/18, 3:10 PM – Glen Drago: Confirmation BTST trade 1 part active6/20/18, 9:08 AM – Glen Drago: Gm6/20/18, 9:08 AM – Glen Drago: Hold 1 part BTST long as told6/20/18, 9:08 AM – Glen Drago: Will update if anything has to be done6/20/18, 9:24 AM – Glen Drago: BTST trade book at cmp6/20/18, 9:24 AM – Glen Drago: Confirmation BTST trade booked6/20/18, 10:35 AM – Glen Drago: Anything else to do will update6/20/18, 1:34 PM – Glen Drago: Better to be on sidelines till we reach higher levels and end this wave6/20/18, 3:30 PM – Glen Drago: Ge6/20/18, 3:30 PM – Glen Drago: http://www.mallavv.com/sgx-nifty/nifty-todays-trend-prediction-view-target-21st-june.html6/21/18, 9:20 AM – Glen Drago: There will not be any messages today6/21/18, 9:37 PM – Glen Drago: Ge I am down with fever since yesterday hence could not trade today. I have just gone through the charts again and we don’t see this current move as the down move. As we have guided we see sideways action between 10650-11000 area broadly. We don’t see any downside directly from cmp. If I am ok tomorrow will suggest where and when to do some BTST. Overall we see sideways move to continue and broadly range to 10650-11000 to hold for now6/22/18, 9:16 AM – Glen Drago: Gm6/22/18, 9:16 AM – Glen Drago: No open positions for now6/22/18, 9:16 AM – Glen Drago: Wait for BTST6/22/18, 12:28 PM – Glen Drago: We see 10975-11000 coming but we don’t see good entry point for now so just wait it out6/22/18, 2:53 PM – Glen Drago: Go on a holiday for few days when 10975 comes that time we will get active again.6/25/18, 9:05 AM – Glen Drago: GM6/25/18, 9:05 AM – Glen Drago: Let Nifty come higher towards the 10975 area and then we will see how to build shorts6/25/18, 10:17 AM – Glen Drago: Whenever we have to sell again will inform. Main trend remains down so we don’t want to take trade against the main trend6/26/18, 8:58 AM – Glen Drago: GM6/26/18, 8:58 AM – Glen Drago: Nifty has been moving in a range as expected. As we had predicted on some days bulls will feel they have won and if you look at Friday the bulls were convinced markets are moving higher, yesterday and may be today morning the bears will think they have won the game but in reality the markets are currently moving in a range and that’s about it. Non trending markets should not be traded and hence we are not keen on taking any Nifty positions for the time being, however our Nifty view for the near-term remains that we will see 10975-11000 or may be even 11100 area and then start the sharp downside fall. The speed of the fall was missing even yesterday and hence we do not see this as the start of a down cycle move. It will come but after retesting higher ranges as mentioned. As things stand as of now we may look at some commodities or stocks for near term trading so keep that in mind. If we do see clear opportunities then only we will take those trades. It is going to be a wait and watch game for the next few days as far as Nifty is concerned.6/26/18, 8:58 AM – Glen Drago: will keep updating if anything needs to be done6/26/18, 9:11 AM – Glen Drago: Mars is going retrograde today. In my historical analysis, we see that 75% of the times in 7 TD market reverses and 90% Times a bottom forms within 7 TD post which a Rally Post Bottom Min 5%  & Max 18%. This is the track record of mars retrograde over the past 100 years6/26/18, 9:12 AM – Glen Drago: shanti karke baitho aramse if we see lrp we will take trade6/26/18, 9:17 AM – Glen Drago: so bottom line in any conditions we see pullback taking place again towards 11000 area regardless we see that from wave perspective as well as astro perspective6/26/18, 10:19 AM – Glen Drago: BOB buy at 113.5 and 109 SL 106 tgt 121 spot nse levels mentioned. HIGH RISK TRADE6/26/18, 10:20 AM – Glen Drago: For few days please forget downside till 11000 does not come back it’s possible to see a bit higher also from 11000 area not much but minor upside from 11000 area also is possible6/26/18, 10:43 AM – Nikhil Sukhija added to the list6/26/18, 12:48 PM – Glen Drago: If anything has to be done will update6/26/18, 12:49 PM – Glen Drago: Minor volatility could be seen but if we get lrp we should be buying6/26/18, 12:49 PM – Glen Drago: Keep in mind we are not suggesting a bull cycle just a minor pullback or move that will move towards 11000 area6/27/18, 9:13 AM – Glen Drago: GM6/27/18, 9:13 AM – Glen Drago: If anything has to be done will update6/27/18, 9:51 AM – Glen Drago: High risk trade Ashok ley buy at cmp SL 130 spot6/27/18, 10:19 AM – Glen Drago: SL hit in Ashok ley6/27/18, 11:22 AM – Glen Drago: BOB buy at 113 and 109 SL 106 spot levels mentioned6/27/18, 11:24 AM – Glen Drago: we are doing some beta testing on counters / individual stocks. Risk reward for all are min of 1:3 (1 risk to 3 reward) but 25% will be hitting SL working on some add on to increase strike rates on that6/27/18, 11:24 AM – Glen Drago: low risk traders must avoid stocks for the time being6/27/18, 11:25 AM – Glen Drago: Bharat Forge Buy @ 593 & 586 SL 580 Nse spot levels mentioned6/27/18, 11:29 AM – Glen Drago: Nifty we don’t see anything happening for now. It’s going to be sideways and we expect a bottom formation from a near-term perspective. Mars retrograde as mentioned yesterday has high reversal probability when markets are declining fast into them (like all global markets were declining ) so post the astro signature we have always seen rally in stocks so this time also we expect a bounce not a bull move (will look like a bull move) but actually will be a bounce towards the upward sloping trendline that could come around 11000-11000. The more time it will take higher the trend line will move6/27/18, 1:16 PM – Glen Drago: Wait for Nifty buy msg6/27/18, 1:16 PM – Glen Drago: Shanti karke baitho aramse6/27/18, 1:18 PM – Glen Drago: Bharat Forge 1 part active6/27/18, 1:18 PM – Glen Drago: Confirmation Bharat Forge 1 part active6/27/18, 1:19 PM – Glen Drago: If comes to 586 spot add 2nd part keep SL 580 spot nse levels mentioned6/27/18, 1:20 PM – Glen Drago: Nifty BTST buy 1 part between 10666-10650 spot Nifty levels mentioned6/27/18, 1:20 PM – Glen Drago: If comes to trigger price then only enter6/27/18, 1:22 PM – Glen Drago: BOB buy at 114 and 109 SL 106 spot levels mentioned6/27/18, 1:27 PM – Glen Drago: BTST trade Nifty buy 1 part at cmp6/27/18, 1:27 PM – Glen Drago: Confirmation Nifty 1 part active6/27/18, 1:28 PM – Glen Drago: Nifty buy 2nd part BTST at 10650 spot Nifty levels mentioned6/27/18, 1:28 PM – Glen Drago: We see 11100 for upside6/27/18, 1:29 PM – Glen Drago: Nifty Hold 1 Part BTST Long as told6/27/18, 1:29 PM – Glen Drago: Bharat Forge Hold 1 Part Long as told6/27/18, 1:29 PM – Glen Drago: will keep updating as and when anything needs to be done6/27/18, 1:30 PM – Glen Drago: BOB buy at cmp and 109 SL 106 spot levels mentioned6/27/18, 1:30 PM – Glen Drago: confirmation BOB 1 part active6/27/18, 1:31 PM – Glen Drago: BOB Hold 1 Part Long, Bharat Forge 1 part long and Nifty BTST 1 part long as told6/27/18, 1:31 PM – Glen Drago: will keep updating as and when anything needs to be done6/27/18, 2:16 PM – Rahul Shah added to the list6/27/18, 2:44 PM – Glen Drago: BOB Hold 1 Part Long, Bharat Forge 1 part long and Nifty BTST 1 part long as told6/27/18, 2:44 PM – Glen Drago: If anything else to do will update6/27/18, 3:06 PM – Glen Drago: Bharat Forge book 50 percent and hold remaining qty6/27/18, 3:06 PM – Glen Drago: Confirmation Bharat for booked part6/27/18, 3:07 PM – Glen Drago: Bob hold 1 part long, Bharat for hold remaining qty long, Nifty hold BTST Long trade as told6/27/18, 3:07 PM – Glen Drago: If anything has to be done will update6/27/18, 3:17 PM – Glen Drago: BTST buy 2nd part6/27/18, 3:17 PM – Glen Drago: Confirmation BTST 2nd part active6/27/18, 3:18 PM – Glen Drago: Confirmation BTST trade 2nd part active6/27/18, 3:18 PM – Glen Drago: In nifty6/27/18, 3:19 PM – Glen Drago: BTST Trade hold 2 parts longs in Nifty, BOB hold 1 part long, Bharat Forge Hold remaining long qty as told6/27/18, 3:34 PM – Glen Drago: http://www.mallavv.com/sgx-nifty/nifty-todays-trend-prediction-view-target-28th-june.html6/27/18, 7:12 PM – Glen Drago: Crude Oil Sell 1 Part @ CMP & 2nd Part @ 4980 SL 50106/27/18, 7:12 PM – Glen Drago: Confirmation Crude Oil 1 Part short active6/27/18, 8:39 PM – Glen Drago: 2nd part Cruse shorts active6/27/18, 9:23 PM – Glen Drago: Crude SL hit6/28/18, 9:07 AM – Glen Drago: Gm6/28/18, 9:07 AM – Glen Drago: Hold positions as told6/28/18, 9:25 AM – Glen Drago: Will keep updating as and when anything has to be done6/28/18, 10:18 AM – Glen Drago: Bharat Forge Book profit in remaining qty for buy done at 593 spot levels6/28/18, 10:18 AM – Glen Drago: Confirmation Bharat Forge booked profit totally6/28/18, 10:19 AM – Glen Drago: BTST trade hold Nifty 2 parts longs, BOB hold long as told6/28/18, 10:19 AM – Glen Drago: If anything else is needed to be done will update6/28/18, 12:04 PM – Glen Drago: Jet Air Buy Between 335-332 SL 328 TGT 429 Spot Ns levels mentioned6/28/18, 12:05 PM – Glen Drago: spot nse levels mentioned6/28/18, 12:09 PM – Glen Drago: Nifty will be reversing from 10525-10600 zone for higher side target. next 7/8 weeks markets will remain bullish and near-term we see Monday-wednesday as bottom for the markets6/28/18, 12:10 PM – Glen Drago: will keep updating as and when anything has to be done6/28/18, 1:01 PM – Glen Drago: Jet buy 1 part at cmp and 2nd at 331 SL 328 spot levels6/28/18, 1:01 PM – Glen Drago: Confirmation jet airways 1 part active6/28/18, 1:03 PM – Glen Drago: Hold 1 part long Jet Air, Hold BOB 1 part Long, BTST trade hold 2 parts long Nifty as told6/28/18, 1:03 PM – Glen Drago: If anything else has to be done will update6/28/18, 1:04 PM – Glen Drago: Crude Oil is about to reverse and move lower. It will be a corrective wave in crude oil but prices will retrace so near term headwinds for India are expected to cool off and all global markets are expected to move higher.6/28/18, 1:05 PM – Glen Drago: Hold positions as told will keep updating as and when anything has to be done6/28/18, 1:59 PM – Glen Drago: Chartered plane crashed in ghatkoper6/28/18, 2:09 PM – Glen Drago: Nifty add 1 more part at cmp6/28/18, 2:09 PM – Glen Drago: Keep space another part6/28/18, 2:09 PM – Glen Drago: Totally 4 parts6/28/18, 2:32 PM – Glen Drago: Wait to but 2nd part jet6/28/18, 2:35 PM – Glen Drago: We have 3 parts Nifty 10670,10652,10597 spot levels, wait for 4th part buying6/28/18, 2:41 PM – Glen Drago: Shanti karke baitho aramse6/28/18, 2:41 PM – Glen Drago: Nifty is about to make a bottom around current levels and move higher6/28/18, 2:42 PM – Glen Drago: Be patient and wait for msg6/28/18, 6:22 PM – Glen Drago: Many of you are wondering why we have become bullish?  Firstly understand that whatever the charts will show I will only tell you that. Let me share just a bit with you as of now. Let’s look at RSI on 26/06/18 RSI was 53 and today RSI is at 41 which means that closing price on 26th was 10769 and today closing is 10595 which means in 174 points down fall RSI has fallen by 53-41=12 points 174/12=14.5 so for every 14.5 points drop in price we have seen 1 point RSI come off at this rate RSI to be @ 30         14.5*11 (41-30)= 160 points. 10595-160= 10435 so at 10435 RSI will go into double bottom zone and so will the Nifty which means that markets make a major bottom.  If that is the case then the subsequent rally will be of minimum 10%. Which means 11478 will be the target and hence as of now does not make any sense to remain short or be short. Let us look at this from another angle. Mars has gone retrograde 3 days back. As a astro cycle rule, if markets are declining immediately from mars retrograde date then look for a major bottom because over 90% of the times in the past 100 years it has made a major bottom in 7 TD generally 5 TD when these conditions meet. So mars retrograde was 3 days back today 3 td is done and another 2 to go at best so post this bottom markets rally by min of 5% if it is less than a 50 week cycle and if it a 50 week cycle bottom then we see that prices move around 8-12% and even in that case markets will reverse and zoom higher.Now many of you are asking me what about crude oil. Crude oil has been a problem since sometime however Nifty did not react to the crude oil move despite crude oil moving from 28 to 72 Nifty did not bother and continued its trend now  we see crude oil will be making near term top and provide a correction so this will act as a tail wind instead of a head wind so imagine when there was head wind markets did not react and now that will become a tail wind for the market.USDINR looks again to have made a near term top and has reversed and is looking to retrace back towards 67 and in this case like crude oil markets did not react to this head wind but the tail wind will be welcomed by the market.Global markets position is oversold and many of them are nearing major dz area so if that is the case (and also applying same astro rule of mars ) we see that price in all global markets will zoom higher.Nifty stand alone technical chart: Let me now assume that I am wrong and this is actually a bear move in that case we should have seen faster retracement below the last swing. So the previous swing bottom is at 10400 and from 10400 we moved to 10893 in 15 days and from 10893 till today we have already consumed 12 td and that is not a sign of bear move, a bear move will generally take bottom out in less than half the time.  Look at the fall we had from 11171 or 10930 look at the sheer speed from the word go but in current case speed has only come in the past 2 td and that is also not really much (we are outperforming global markets)  The RSI factor has also been discussed above.Sentiment indicator which is very powerful now. Every one including some of my clients are telling me to short sell some are even abusing me that why we went long the avg for our 3 parts is 10630 which on a closing basis is just 35 points lower from our price but everyone seems to be in such a panic about the fall as though the m to m is 350 points.  Call anyone on the street and ask anyone whats the view and target everyone will talk of a downside target. Rule again whenever everyone are on the same side of the trend that does not happen. Conesus trades don’t work. Bottom line we don’t see markets moving lower from here, markets will move higher to what exact level and target we will see later but as things stand this is not a bear move it’s a bear trap for sure and matter of next 1-3 td before markets reverse. Have patience and follow msg.6/28/18, 6:23 PM – Glen Drago: many more reasons but not getting into them markets will show you what I am trying to explain in a matter of few days6/29/18, 9:15 AM – Glen Drago: Gm6/29/18, 9:15 AM – Glen Drago: Hold positions as told6/29/18, 9:18 AM – Glen Drago: Nifty book profit in 1 part for buy done at 105976/29/18, 9:18 AM – Glen Drago: Confirmation 1 part booked6/29/18, 9:18 AM – Glen Drago: Hold 2 parts Nifty longs as told6/29/18, 9:19 AM – Glen Drago: Hold BOB and jet as told6/29/18, 10:11 AM – Glen Drago: If anything else has to be done will update6/29/18, 12:38 PM – Glen Drago: Hold positions as told6/29/18, 12:38 PM – Glen Drago: If anything has to be done will update6/29/18, 12:50 PM – Glen Drago: Nifty hold 2 parts longs, Bob hold long , jet airways hold longs6/29/18, 1:22 PM – Glen Drago: If anything to do will update6/29/18, 1:22 PM – Glen Drago: Tc and enjoy your weekend6/29/18, 1:29 PM – Rahul Shah removed from the list6/29/18, 3:38 PM – Glen Drago: ge6/29/18, 3:38 PM – Glen Drago: http://www.mallavv.com/sgx-nifty/nifty-todays-trend-prediction-view-target-2nd-july.html7/2/18, 9:39 AM – Glen Drago: Gm7/2/18, 9:39 AM – Glen Drago: Hold positions as told7/2/18, 9:49 AM – Glen Drago: Jet Air book part qty at cmp7/2/18, 9:49 AM – Glen Drago: Confirmation jet airways booked part at cmp7/2/18, 9:49 AM – Glen Drago: Hold remaining qty jet airways as told7/2/18, 10:39 AM – Glen Drago: Hold positions as told7/2/18, 10:39 AM – Glen Drago: If anything has to be done will update7/2/18, 12:33 PM – Shikha Dahiya Jm Financial removed from the list7/2/18, 12:39 PM – Glen Drago: Nifty buy 3rd part at cmp7/2/18, 12:39 PM – Glen Drago: Confirmation Nifty 3rd part bought7/2/18, 12:39 PM – Glen Drago: Hold Nifty 3 parta, hold remaining qty jet, hold BOB7/2/18, 12:39 PM – Glen Drago: Hold Nifty 3 parts,hold remaining qty jet, hold BOB7/2/18, 12:39 PM – Glen Drago: If anything else to do will update7/2/18, 12:40 PM – Glen Drago: Hold 3 parts positional longs in Nifty as told7/2/18, 1:42 PM – Glen Drago: Nifty book 3rd part at cmp7/2/18, 1:42 PM – Glen Drago: Confirmation Nifty 3rd part booked7/2/18, 1:43 PM – Glen Drago: Nifty hold 2 parts positional longs as told7/2/18, 1:43 PM – Glen Drago: We will have to keep trading in and out and keep taking small profits also from time to time7/2/18, 1:44 PM – Glen Drago: Jet hold remaining longs , Bob hold longs as told7/2/18, 1:44 PM – Glen Drago: Will keep updating if anything needs to be done7/2/18, 1:45 PM – Glen Drago: Many of you may not like trading in and out for small profits but that’s the need of the hour. We will have to keep trading in this manner as Nifty range is getting compressed7/2/18, 3:22 PM – Glen Drago: I’d anything else has to be done will update7/3/18, 9:10 AM – Glen Drago: Gm7/3/18, 9:10 AM – Glen Drago: Hold positions as told7/3/18, 9:11 AM – Glen Drago: Will update if anything has to be done7/3/18, 11:28 AM – Glen Drago: Nifty book 1 part at cmp7/3/18, 11:28 AM – Glen Drago: Confirmation Nifty 1 part booked7/3/18, 11:28 AM – Glen Drago: Hold remaining 1 part Nifty long as told7/3/18, 11:38 AM – Glen Drago: Nifty hold 1 part long, hold Bob long and remaining qty jet as told7/3/18, 11:45 AM – Glen Drago: Range is getting compressed. Will have to keep trading for small profits as of now7/3/18, 12:05 PM – Glen Drago: Nifty exit totally7/3/18, 12:05 PM – Glen Drago: Confirmation Nifty exited7/3/18, 12:05 PM – Glen Drago: No open positions in Nifty7/3/18, 12:05 PM – Glen Drago: Nifty volumes too low and stuck in a range7/3/18, 12:08 PM – Glen Drago: Jet airways close remaining qty long7/3/18, 2:00 PM – Glen Drago: Bob hold7/4/18, 9:19 AM – Glen Drago: GM7/4/18, 9:19 AM – Glen Drago: Hold BOB7/4/18, 9:19 AM – Glen Drago: Will update if anything has to be done7/4/18, 10:18 AM – Glen Drago: Nifty stuck in a range and range is getting compressed7/4/18, 10:19 AM – Glen Drago: So wait on sidelines for now7/4/18, 10:19 AM – Glen Drago: No point in forcing a trade7/5/18, 9:11 AM – Glen Drago: Gm7/5/18, 9:11 AM – Glen Drago: Hold BOB as told7/5/18, 9:11 AM – Glen Drago: Will update if anything else is needed to be done7/5/18, 10:27 AM – Glen Drago: Nifty is currently was in sideways zone between 10930-10400. Now the zone is further compressed to 10840-10550. Till this range breaks out there is no point in trading Nifty. Even if either side breakout does take place upside is downside will not last and hence till we don’t get into a trend trading Nifty does not make much sense7/5/18, 1:47 PM – Glen Drago: Crude oil is about to top out for the near term7/5/18, 1:48 PM – Glen Drago: We will be selling crude oil if we get low risk entry7/5/18, 1:48 PM – Glen Drago: As mentioned before no point in trying to trade Nifty for the time being7/6/18, 9:09 AM – Glen Drago: GM7/6/18, 9:09 AM – Glen Drago: Bob hold as told7/6/18, 9:09 AM – Glen Drago: Will update if anything has to be done7/6/18, 12:09 PM – Glen Drago: Exit BOB at cmp7/6/18, 12:09 PM – Glen Drago: Confirmation Bob exited7/6/18, 12:09 PM – Glen Drago: No open positions for now7/6/18, 12:10 PM – Glen Drago: Nifty stuck in range and very low volume7/6/18, 12:17 PM – Glen Drago: Next week is an important week as there are few important astrologically important signatures present. First we have solar lunar activation on Monday, then Jupiter goes direct and then there is the solar eclipse all these signatures combined will end the sideways action but the most important aspect will be on crude oil which will reverse for near term in this time band7/6/18, 1:04 PM – Glen Drago: Enjoy your weekend7/9/18, 9:24 AM – Glen Drago: Gm7/9/18, 9:24 AM – Glen Drago: Will update as and when anything has to be done7/9/18, 9:58 AM – Glen Drago: We are expecting a top out for Nifty in this week. This will be the last time we see any pullback towards higher side so post this pullback which will end anywhere around  10830-11200 we will move to shorts7/9/18, 9:58 AM – Glen Drago: Will keep updating as and whenever anything has to be done7/9/18, 9:58 AM – Glen Drago: We will also be selling individual stocks around high probability selling zones7/9/18, 2:09 PM – Glen Drago: be on sidelines and wait for reversal signal. This is the last move on the higher side7/9/18, 2:10 PM – Glen Drago: whenever and wherever it ends we will enter into short trade7/9/18, 3:29 PM – Glen Drago: ‘http://www.mallavv.com/sgx-nifty/nifty-todays-trend-prediction-view-target-10th-july.html7/10/18, 9:13 AM – Glen Drago: Gm7/10/18, 9:13 AM – Glen Drago: Will update as and when anything has to be done7/10/18, 9:46 AM – Glen Drago: We could see short covering today or tomorrow above 10930 but we see this ending as  a top being made so wait on sidelines7/11/18, 9:40 AM – Glen Drago: GM7/11/18, 9:40 AM – Glen Drago: If anything has to be done will update7/11/18, 10:50 AM – Glen Drago: As we have guided that there are powerful astrological signatures present during the week that have very high historical correlation to major trend changing and cycle tops being formed.  We expect Nifty to be topping out shortly and over the next 3-5 trading days we will be initiating short selling positions in Nifty and some other counters also.7/11/18, 10:50 AM – Glen Drago: will keep updating as and when anything needs to be done7/11/18, 10:51 AM – Glen Drago: this is the last up move that’s currently going on7/11/18, 10:51 AM – Glen Drago: will keep updating as and when anything needs to be done7/11/18, 10:51 AM – Glen Drago: topping is expected in 2-5 trading days7/11/18, 12:07 PM – Glen Drago: Nifty can come a bit more higher from here so wait on sidelines for the time being7/11/18, 3:13 PM – Glen Drago: Nifty outperforming all global markets7/11/18, 3:13 PM – Glen Drago: Don’t initiate shorts for now7/11/18, 3:13 PM – Glen Drago: Wait on sidelines7/12/18, 9:32 AM – Glen Drago: Gm7/12/18, 9:32 AM – Glen Drago: Wait for sell msg7/12/18, 9:33 AM – Glen Drago: Let shorts get squeezed7/12/18, 9:57 AM – Glen Drago: Wait for sell msg7/12/18, 9:58 AM – Glen Drago: Will update as and whenever we have to sell7/12/18, 9:58 AM – Glen Drago: Let the short covering take place7/12/18, 11:02 AM – Glen Drago: Shanti sea baitho aramse7/12/18, 11:03 AM – Glen Drago: Will update as and when we have to sell7/12/18, 11:56 AM – Glen Drago: towards end of trade post 3pm please be alert7/12/18, 1:50 PM – Glen Drago: we do not have any reversal or sell signal as of now7/12/18, 1:50 PM – Glen Drago: be on sidelines and wait for Nifty to come to selling area7/12/18, 1:50 PM – Glen Drago: there are way too many shorts in the system and they will be forced out7/12/18, 1:52 PM – Glen Drago: one more round up is pending which will force short covering7/12/18, 1:52 PM – Glen Drago: be on sidelines and wait for reversal signal7/12/18, 3:22 PM – Glen Drago: We will sell tomorrow7/12/18, 3:22 PM – Glen Drago: Go home