SGX Nifty 23rd Sept 2015

SGX Nifty

-60.03

Index Last High Low
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
Nifty Future Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response Error parsing: Query returned empty response
CNX Nifty Spot 7879.50 7880.20 7837.70

SGX Nifty / SGX Nifty Futures / SGX Nifty Charts / SGX Nifty Live / Nifty Trend / Nifty Prediction / Stock Market Tips for 23rd Sept 2015

SGX Nifty / SGX Nifty Futures trend today was negative. Overnight Dow and European Stock Markets were positive and Indian Stock Markets also opened positive but after opening Nifty started sliding lower and in second half Nifty began powerful 3rd wave taking Nifty below 7800. Since past few days we were clearly warning not to be in buying positions and to get out on cash as much as possible I hope you have followed our advise and saved yourself from today’s mayhem. (If you are stuck in long positions then join us and still there is one way to save yourself from massive losses)

SGX Nifty Minor Trend is down. SGX Nifty Major Trend is down. Nifty support and resistance for tomorrow is at 7701 and 7901 As per wave structure and astro cycle we clearly mentioned that most traders will be getting trapped on the wrong side of the trend and today that’s what has happened we were seeing this kind of fall could start anytime and hence we were mentioning trade safe and trade light. Anyways my job is to guide what I see as I have been saying I am not God to catch every move but in the current circumstances it is very important to trade safe and survive for the next super tezi that will begin later in the year or early next year. As per our Nifty Prediction Nifty Spot will touch 11841, Yes 11841 (Details of when It will touch etc all details to clients but before that a mayhem round is pending today was not even a poster don’t even think the movie has started after 27th Sep 2015 Trailer will begin and another important instrument to watch will be Crude Oil break below 43 then it will open gates for 21$) If Crude does come to 21 on 25th Nov 2015 expect massive worldwide defaults. Previous corrective wave seems to be over and impulse down cycle has resumed but it will be prudent to sell on rise or towards small stop loss points. (Thanks to Mercury Retro we don’t expect one side moves to happen and it will be better to trade in and out)

USDINR Update

USDINR has shown signs of reversal today and yesterday we told importers to begin hedging their positions. Longer term INR will touch 70-72. Yesterday we mentioned this “Severe divergences have been seen and whenever such divergences have been seen the next move has been very fast. Extreme caution is advised”
Current move will cross 68.20 spot after 68.20 is crossed we will see what to do and will once again review our hedged positions.

SGX Nifty Futures / SGX Nifty Charts / SGX Nifty Live are given below for ready reference.

Good Trading To You!

 

Stock Market Tips / Share Market Tips Given Today. Both Stock Market Tips / Share Market Tips / Intraday Tips and positional tips chat transcript has been enclosed below.

19/09/2015, 12:59 PM : Good Afternoon Nifty Update for 21st Sep 2015 http://www.mallavv.com/category/sgx-nifty

21/09/2015, 9:24 AM : Gm

21/09/2015, 9:25 AM : Hold rem Nifty shorts till next update

21/09/2015, 9:31 AM : USDINR Hold 1 Part Longs Till Next Update.

21/09/2015, 9:31 AM : On Rise / Pullbacks we will be selling wait for msg to add shorts

21/09/2015, 10:57 AM : Nifty Sep Futures Continue Holding Rem 50% Qty Of Part 1. We Are waiting for Final confirmation of reversal of pullback.

21/09/2015, 10:58 AM : I will update once we have final confirmation of reversal.

21/09/2015, 10:59 AM : TGT for this move will be 7500 Spot Nifty wait for further updates

21/09/2015, 11:04 AM : Nifty Spot Break Below 7886 Before 11.59 AM then Intraday panic is expected. Wait for msg to sell more

21/09/2015, 11:47 AM : Importers Increase Hedge In USDINR To 50% for all outstanding payments to be made in the next 3 months

21/09/2015, 1:05 PM : We do not have final stage confirmation till now. Nifty Sep Futures Continue Holding Rem 50% Qty Of Part 1.

21/09/2015, 1:10 PM : Positional Trade USDINR Buy 1 Part @ CMP & 2nd Part @ 65.75 SL 65.71 Sep Futures Lvls Mentioned. Hold 50% Hedged Positions

21/09/2015, 1:10 PM : Confirmation USDINR 1 Part Bought (This is for trading not for hedging)

21/09/2015, 1:11 PM : STBT Trade Nifty Sell 1 Part @ 7975 & 2nd Part @ 7986 SL 7998 Nifty Spot Levels Mentioned Trade In Sep Futures

21/09/2015, 1:12 PM : Keep Trailing SL For Remaining 50% Shorts Done On Friday At 7998 Spot Level (For Shorts done @ 8050)

21/09/2015, 1:15 PM : STBT Trade Update Confirmation Nifty 1 Part Active

21/09/2015, 1:31 PM : Confirmation USDINR 2nd Part Active

21/09/2015, 1:33 PM : STBT Trade Update Nifty Book 50% Of Part 1 & Trail Rem Qty To 7998 Spot Lvl

21/09/2015, 1:33 PM : Confirmation Nifty STBT Trade 50% Booked

21/09/2015, 1:34 PM : Now Trail Rem qty Of STBT Trade & Positional Trade To 7998 Spot Nifty & Hold Till Next Update

21/09/2015, 1:35 PM : We have booked part for risk management purpose as we still do not have final confirmation of resumption of down cycle.

21/09/2015, 1:39 PM : Please update Whats App Tone To Caller tune so that you do not miss any msg. Fast moves possible please be very alert

21/09/2015, 2:06 PM : USDINR SL Hit

21/09/2015, 2:06 PM : STBT Trade Nifty Exit Rem 50% Positions

21/09/2015, 2:07 PM : Confirmation Nifty STBT Trade Closed

21/09/2015, 2:07 PM : Nifty Sep Futures Continue Holding Rem 50% Qty Of Part 1

21/09/2015, 2:07 PM : Positional Trade Update Nifty Sep Futures Continue Holding Rem 50% Qty Of Part 1

21/09/2015, 2:07 PM : Positional Trade Update Nifty Sep Futures Continue Holding Rem 50% Qty Of Part 1 Trailing SL 7998 Spot

21/09/2015, 4:08 PM : Nifty Update For 22nd Sep 2015 http://www.mallavv.com/category/sgx-nifty

21/09/2015, 6:48 PM : Good Evening

21/09/2015, 6:48 PM : Nifty had a pullback from the lows today post gap down and even if the gap has been filled it does not change any structure. It is absolutely crystal clear that the pullback from 7540 was a corrective wave and now that it about to end. It might stretch towards end of this week that’s till Thursday till around 8050-8130 Nifty spot levels mentioned.

Our Strategy will be to sell on rise towards small stop loss points or in the range of 8050-8130 for targets of 7500. It is likely that we could also test 7211 in this move which should start in the next few days. I will clearly mentioned that in my generally post. Kindly read that carefully.

The next move will be a 5 wave impulse down cycle move it will be very fast and min it will be 695 points and max it will be 933 Points looking at the current structure it seems 900+ is most likely.

Bottom line patience could be tested for 2-3 days but on rise we must be selling.

[9/22/2015, 9:09 AM]  : GM

[9/22/2015, 9:10 AM]  : Positional Trade Update Nifty Sep Fut Continue Holding Rem 50% Qty Till Next Update.

[9/22/2015, 9:10 AM]  : Upper Range Is 8050-8130 Spot Nifty

[9/22/2015, 9:10 AM]  : wait for msg to add shorts

[9/22/2015, 10:06 AM]  : Positional Trade Update Nifty Sep Fut Continue Holding Rem 50% Qty Till Next Update.

[9/22/2015, 10:06 AM]  : Wait for msg to sell

[9/22/2015, 10:28 AM]  : Nifty Sep Fut Book Profit In Rem 50% Qty & Wait On Sidelines Till Next Update.

[9/22/2015, 10:28 AM]  : Confirmation Nifty No Open Positions as of now

[9/22/2015, 10:28 AM]  : on rise we will sell again

[9/22/2015, 10:31 AM]  : We do not see Nifty sustaining on higher side as we had said we will be selling again between 8050-8130 in 4 parts

[9/22/2015, 10:33 AM]  : wave is getting split so it is possible for Nifty to come near 8130-8050 in this range we do not see Nifty sustaining above 8130. We will be building positional shorts in the next 3 days. I am not interested to catch last 50-100 points on the upside. This is top bhavv

[9/22/2015, 10:36 AM]  : Time cycle indicates that from Monday-Tuesday Sharp fall could be seen hence it will be prudent to be on as much cash as possible and sell on rise

[9/22/2015, 10:36 AM]  : USDINR be 50% Hedged rem when and where to hedge I will Update TGT 70-72

[9/22/2015, 10:37 AM]  : Please Update Msg Tone To Calller Tone so that you are alerted the sec you get a msg

[9/22/2015, 10:39 AM]  : Corrective wave has not yet ended we will get ample time to build short positions at higher prices of 8050-8130. Be patient for next 2-3 trading days. Nifty expected move 8130-8050>>7500

[9/22/2015, 1:59 PM]  : wait on sidelines

[9/22/2015, 2:01 PM]  : where to sell i will update be on sidelines for now

[9/22/2015, 2:09 PM]  : Positional Trade will be given in 4 parts pl keep margins ready

[9/22/2015, 2:11 PM]  : Positional Trade Nifty 8000 Put Buy 2 Parts @ 7890 Spot Nifty (Wait For 7891 To Come)

[9/22/2015, 2:14 PM]  : Positional Trade Nifty Oct 8000 Put Buy 2 Parts @ 7890 Spot Nifty (Wait For 7891 To Come)

[9/22/2015, 2:16 PM]  : USDINR Remain hedged 50%

[9/22/2015, 2:40 PM]  : we will sell on pullback TGT 7500 even 7211 is possible but we will only sell on pullbacks or near small sl points shanti karke baitho we need to trade safe we are not in the biz to catch every high and low. At 7890 spot Buy Nifty Oct Put 2 Parts. Nifty could pullback to 7921-7890 also and then continue fall

[9/22/2015, 2:41 PM]  : On rise sell is the mantra. Pullback wave has failed which means super fast down move will be on the cards

[9/22/2015, 3:05 PM]  : Positional Trade Nifty Oct 8000 Put By 1 Part @ 7862, 2nd Part @ 7880 Nifty Spot Levels Given Trade In Nifty Oct 8000 Put.

[9/22/2015, 3:06 PM]  : Positional Trade Nifty Oct 8000 Put Buy 1 Part @ 7862, 2nd Part @ 7880 Nifty Spot Levels Given Trade In Nifty Oct 8000 Put.

[9/22/2015, 3:51 PM]  : Nifty Update For 23rd Sep 2015 http://www.mallavv.com/category/sgx-nifty

[9/22/2015, 4:26 PM]  : Nifty tgt for current move is 7211 spot nifty

[9/22/2015, 4:47 PM]  : Current move is a impulse wave having final tgt of 7211. We will get ample opportunity to short shaanti sea relax and wait

[9/22/2015, 4:47 PM]  : Safety is most important in this MKT