SGX Nifty Futures,Nifty Futures,Nifty Future 12.01 AM Updates 4th May 2015
SGX Nifty Futures is suggesting a bounce back on expected lines. This week we should focus on playing bounce back towards 8400-8500, It would be better to focus on stronger set of stocks from Oil & Gas sector like ONGC or Metals like Tata Steel rather than trying to trade SGX Nifty Futures / Nifty Futures as there are lots of weak stocks which have broken major swing lows and major support levels and they are not going to turn and run up in a hurry at least for the time being and they will keep putting pressure on Nifty Fifty.
Some of my friends from various Institutional desk have now realized what I have been saying from 4th March 2015 that this is a bear cycle and I don’t really care of what fundamental reason one assigns for the fall from 9120 till date bottom line is its absolutely crystal clear that smart money is getting out of Indian equities market, by smart money I mean Promoter’s circle Operators and informed sources guys are not ready to even Buy on dips or accumulate the same stocks that they have sold some may assign a reason that Valuations are very high or earnings are very poor or whatever reason but these are all just reasons and it’s better to follow time and price movements rather than focusing on what you want to see. I have been continuously warning not be in longs yet over past three days I have got at least 250 calls plus from various brokers, dabba traders HNI’s asking me to tell me how to get out of the current situation and I have one simple answer and that is Book loss and get out on any bounce you get this market is not going to run up or go significantly higher at time soon. With the exception of commodities and yes I do know I am complete contrarian no one in the market is advising to Buy sugar at this stage yet from our recommended price we have seen 50% return in Bajaj Hindustan and still I recommend buying them at all dips because it’s going to be one of the most amazing bull run in sugar stocks and raw sugar at least in our life time I don’t see such a opportunity atleast for next 30 years (such low risk such high reward and holding time only for 3 years)
As I have said in my SGX Nifty Futures / Nifty Futures updates given below that there is a real risk of Nifty falling to 7200 by 10th July 2015 and if we get confirmation in next two weeks then the only way to make money in this market will to sell on every rise. Some Investors may not understand today but just think for one minute if crude goes to 72 $/BBl and USDINR depreciates further towards 72 what kind of macro problems is India going to face, further with poor monsoon Food inflation will pick up sooner than later and Oil Imports bill will just go out of hand creating many fold problem for India. Not to mention the current account deficit will go out of hand, and slow down in tax collections will put further pressure on the fiscal front.
Anyways for now let’s just focus on playing bounce towards 8400-8500 then what to do when where etc we will see later. Join us and start making money in the markets and why should you join and follow me well because I am committed to the highest degree of excellence in all the trades I give which is a result of thousands of hours of research in Gann theory, El Wave, Time Cycles and Financial astrology. The information and guidance that I can provide to help you make money is unparalleled and won’t be able to get it anywhere else forget India not anywhere in the world. I have once again proven by calling the top on 4th March 2015 then temporary bottom on 26th March 2015 then top again near 8750 on 13th April 2015 (I don’t know of any other person who has guided with this precision) Most traders and investors don’t even know that Time is much more important than price and that price is always secondary. Talk to us now and see how we’d put our expertise to use just for you. Call 9222294707
Good Trading To You!
SGX Nifty Futures,Nifty Futures,Nifty Future 11.00 AM Updates 2nd May 2015
SGX Nifty Futures / Nifty Futures 4th May 2015 is very important. (few people called and asked me why 4th May 2015) so I am explaining here. 4th May 2015 Full moon making a T-square to Jupiter. Full Moon and Jupiter both amplify, exaggerate whatever is the current on going prevailing mood or Trend or may just change the Minor trend or Minor move for maximum 3 trading days. So in short and sweet language there is a amplification of energy around 4th May 2015 with a time window of two trading days on either side and it’s very important to watch. So if we get a bump up or a bounce to 8450 Nifty Spot Levels then that would be end of story SGX Nifty Futures / Nifty Futures will fall vertically after nearing resistance zone. (It’s a possibility) when, where and what to do all details will be given to clients. (and yes I do use astrology as a tool in combination to el wave, Gann wave and Time cycles)
This week INR weakened against the US$ and lost 14 Paise and closed at 63.42 in truncated week. We have been Bullish on US$ Vs INR and we expect a pullback for next 3-5 trading days during this pullback Impex traders must Hedge their positions and we maintain our targets of 64.29 and if certain parameters are meet USDINR will head for 72. I will update more on 72 later during next few days.
SGX Nifty Futures,Nifty Futures,Nifty Future 1.30 AM Updates 2nd May 2015
SGX Nifty Futures / Nifty Futures current bear cycle started on 4th March 2015 is on in full swing and looks like will not end before 10th July 2015. Till 10th July 2015 it’s very much possible that SGX Nifty Futures / Nifty Futures Could touch 7200 levels also. Most important is untill and unless Major swings and Major Moves turn up we won’t advise any Buying to be done in this market.With the exception of Sugar sector for now. Let the market tell us that down move is over and confirm the same then and only then should any long term or medium term buying should be done not before that.
SGX Nifty Futures,Nifty Futures,Nifty Future 11.31 PM Updates 1st May 2015
SGX Nifty Futures / Nifty Futures is showing signs of pullback based on global cues. We maintain our view don’t recommend selling fresh at these levels and expect a pullback.
Axis Bank has resistance at 587 Nse cash levels.
Bharti has support at 366 Nse cash levels break below 366 and this stock will start plummeting towards 342
SGX Nifty Futures / Nifty Futures has a very important time cycle resistance on or around 4th May 2015. (plus or minus one day) To add to that its full moon means more amplified energy. So if Nifty gives a pullback and halts near 8450 or around 8400-8500 Nifty spot levels Nifty will start straight vertical move towards 7631. Be careful.
Gold is consolidating since last one month with a trading range. It’s likely that Gold has hit a bottom on March 16th 2015 ( time cycle turning date ) and if Comex Gold breaks and stays above 1203 then expect further rally for the moment in Gold. On the other hand if March 16th 2015 lows are taken out Gold could fall below 1000$ also.
SGX Nifty Futures,Nifty Futures,Nifty Future 4.25 PM Updates 1st May 2015
SGX Nifty Futures / Nifty Futures continued falling last week in spite of being oversold. Lots of Traders and investors booked massive looses in April Options and April Futures contracts we were consistently saying SGX Nifty Futures / Nifty Futures Minor and Major Trend both are down and we don’t recommend Buying at any stage with the exception of Sugar Stocks like Renuka Sugar, Bajaj Hindustan and Eid Parry. Bajaj Hindustan has already given a return of over fifty percent since we initiated our Buying call at Rs12. Also another exception for Buying was Tata Steel which is showing signs of out performance rather significant out performance. On Dips towards supports we must look to Buy & Hold Tata Steel with small stop loss points or Low risk entry points.
Crude Oil has confirmed breakout as told few days back and now is headed for 72$/BBL. Oil & Gas sector will outperform broader markets. ONGC has good support at 301 (Last Close 304) Take Rs3 Risk & Buy with 300.8 Stop Loss. Cairn India is also consolidating we will wait for fresh signals to Buy or not to Buy I will update later.
Cotton Comex continues to rally we have been advising to Buy this commodity too and its zooming as expected. Overnight major resistances have been crossed and expect Cotton to start running (it will be on fire going forward) Will Update More on which stocks to buy and hold in Indian market to play proxy for cotton.
Maintain our Bullish stance on sugar sector. Buy & Hold Renuka sugar, Bajaj Hindustan and Eid Parry at every dip possible.Post 10th July 2015 we expect sugar stocks to start running, zooming moving at super sonic speed. Physical Sugar has confirmed breakout in Comex will start running towards 33-35 (yes its right 33-35) It’s going to be one of the super cycle moves in sugar and one of the most exiting times for a investor. Expect 5X – 10 X returns in sugar stocks.
For More details on Nifty Futures / Portfolio advisory services feel free to call me on 9222294707
SGX Nifty Futures Chart Is Enclosed Below for Ready Reference.