Share Market Tips 2nd Feb 2016
[10:48, 1/30/2016] +91 90040 79145: GM Since many of your are worried that Nifty will zoom up directly from here I am once again clarifying a) The speed on the upside is just 47.5 points per day and we do not see this move as fast, if this was the real bullish move then we would have crossed 7800 by now (b) Volumes have been missing on the upmove, if this was the real bullish move then in that case we would have seen volumes expand drastically and that also has not happened. (c) 29th Jan 2016 was a lunar cycle topping day and Nifty and Global Stock Markets have exactly advanced into the topping day (d) sentiment indicator has suddenly turned bullish (the analyst who were talking about 6800 when Nifty was at 7300, now are talking about 7800 when Nifty is at 7550. This is an another perfect confirmation (when these guys get extremely bullish just before or around a lunar cycle topping date) it further confirms what we are thinking as per wave is concerned. (e) Rahu (North Node) Changing house tomorrow. As told Rahu is master of deception. He has suddenly created a picture where everyone is thinking bullish cycle has started so now rahu will first trap traders on the long side and then breach 7241 and then force them on the short side and again start bullish move thereby deceiving all traders. The reason volatility is not reducing is because Rahu wants first long trap then short trap before starting bullish cycle move towards 8800-9000. (f) assuming for one min that Nifty has turned for bullish move (assuming it has not as per my analysis but for playing devils advocate lets consider that it has turned up then ) 7550-7620 spot Nifty has massive resistance and from this level we will have a min 0.382-0.50 retracement means 7620-144=7475 or 7620-190=7429 (spot Nifty levels) so even assuming that case f has to happen then we will see a decline below 7475-7400 area before moving higher also the speed will be slow on this move relative to the previous move. (g) Tuesday we do not see any change in policy. (Janta is expecting rate cut) with the inflation numbers coming higher in the past few months and issues with respect to the fiscal deficit there is no way Rajan / RBI will cut rates hence the upside trigger is not present.
[10:48, 1/30/2016] +91 90040 79145: Bottom line we do not see direct bullish move from here. We are expecting one decline towards 7300-7150 and then bullish cycle to start towards 8800-9000
[10:53, 1/30/2016] +91 90040 79145: I hope this explanation will help you relax and enjoy your weekend. Please do so. Take care and have fun and God Bless.
[15:18, 1/31/2016] +91 90040 79145: Good After Noon Axis Bank Update http://www.mallavv.com/bank-nifty/axis-bank-share-price-prediction-1st-feb-2016.html
[15:18, 1/31/2016] +91 90040 79145: RBI Update http://www.mallavv.com/bank-nifty/reserve-bank-of-india-2nd-feb-2016.html
[15:19, 1/31/2016] +91 90040 79145: USDINR Update http://www.mallavv.com/share-market-tips/usdinr-1st-feb-2016.html
[15:19, 1/31/2016] +91 90040 79145: Crude Oil Update http://www.mallavv.com/share-market-tips/crude-oil-price-update-1st-feb-2016.html
[15:19, 1/31/2016] +91 90040 79145: Astro Cycles For This week http://www.mallavv.com/share-market-tips/financial-astrology-update-1st-feb-2016.html
[09:00, 2/1/2016] +91 90040 79145: Gm
[09:01, 2/1/2016] +91 90040 79145: Hold 2 part s till next update
[10:27, 2/1/2016] +91 90040 79145: Total 2 Parts Active Nifty 7400 Feb Call 1 Part Short & Nifty 7300 Feb Call 1 Part Short
[12:04, 2/1/2016] +91 90040 79145: we do not see any significant upsides from current prices and we see Nifty taking out 7241 during intraday trade which is very highly likely within this week as we are expecting a very volatile week due to rahu change in position and scorpio moon from tomorrow.
[12:04, 2/1/2016] +91 90040 79145: please note minor variations are possible both on the up and down side
[12:06, 2/1/2016] +91 90040 79145: as told that worst case scenario if the downside has to fail or stop then also a fall towards 7450 is likely (if the fall towards 7450 is very slow and lacks volumes ) then in that case we will see downside move failing (i personally do not think it is possible but just as a stand by we need to keep this in mind)
[12:14, 2/1/2016] +91 90040 79145: w r t RBI policy we do not see any change in policy tomorrow
[13:49, 2/1/2016] +91 90040 79145: downside speed is expected from tomorrow as scorpio moon kicks in this will create sharp sudden moves for 3 days till 5th feb and during that we should see intraday breach of 7241. If speed does not pick up on the downside then in that case 7420-7390 will hold
[14:48, 2/1/2016] +91 90040 79145: Total 2 Parts Active Nifty 7400 Feb Call 1 Part Short & Nifty 7300 Feb Call 1 Part Short
[14:49, 2/1/2016] +91 90040 79145: Total 2 Parts Active Nifty 7400 Feb Call 1 Part Short & Nifty 7300 Feb Call 1 Part Short. Continue Holding Positions Till Next Update.
[14:49, 2/1/2016] +91 90040 79145: Crude could test 31.20 below 31.20 start building trading longs in a staggered manner
[14:50, 2/1/2016] +91 90040 79145: Gold we do not see much upside form here upper range should be 27500 INR we should see Gold below 24000 In this year
[14:51, 2/1/2016] +91 90040 79145: from tomorrow we will begin the final drift to lower side towards 7241 spot Nifty it may even breach 7241 spot Nifty during intra day trade and then we will begin bullish cycle for 8800-9000
[14:51, 2/1/2016] +91 90040 79145: during the final drift lower or panic lower we will be buying positional trading longs for targets of 8800-9000
[14:53, 2/1/2016] +91 90040 79145: during bottom formation you can buy our recommended stocks MSL, Kesoram, Renuka Sugar, Bajaj Hind, EID Parry for investment
[14:53, 2/1/2016] +91 90040 79145: from a trading stand point please trade in Nifty only as stock specific we only see rotation going on
[14:55, 2/1/2016] +91 90040 79145: strictly follow msg and trade kindly avoid any interpretation trades
[14:56, 2/1/2016] +91 90040 79145: please keep margins open we may need margins anytime starting tomorrow till 5th during panic / drift bottom formation on lower side
[14:57, 2/1/2016] +91 90040 79145: Total 2 Parts Active Nifty 7400 Feb Call 1 Part Short & Nifty 7300 Feb Call 1 Part Short. Continue Holding Positions Till Next Update.