Wave Trading

Wednesday, July 25, 2012

Morning Mantra -- Nifty Future

In Modern Economic Issues, Professor Robert Whaples has crafted a course designed to answer just these sorts of questions—a primer in 21st-century economics for the non-economist. He first presents the results of a survey of professional economists around the country on what they consider today's most urgent economic issues—the ones all of us most need to understand. Professor Whaples then puts his award-winning teaching skills to work to shape an accessible course, explaining not only those urgent issues but also the raw data economists use to describe their shape and impact.

Good Morning and Happy Trading.

Yesterday written 1^st resistance will be 5146. Nifty Future made high 5145.90 and break previous day’s low. After that NF made high 5152.

If Nifty Future manage to trade above 5152 then day’s 1^st resistance will be 5170--5173—5178—5182/88.

If Nifty Future start to trade above 5188 with volume then next vital resistance will be 5206.

NF may chase 5436 / 39 levels very soon.

Today’s 1^st support is 5116. If Nifty Future break this support level then watch 5107 –5086 as next support.

A single close below 5081!!!!!!!

PANIC will create a free fall which may show 5050 ---- fall --- 5017 – fall - 4979 level with in couple of days.

Just underline the levels………………

“End of the week we can see an unexpected level in Nifty Future”

More reversal points for our subscribers only.

05:55 AM 07.25.2012

Tuesday, July 24, 2012

Nifty Future ---- updates

Before opening written about the Hurdle 5146.

Nifty Future made high 5145.90…..now trading at 5136….

If take support in and around 5120…and take bounce back …then above 5146 a fresh move will up NF to next resistance levels…which we have mentioned earlier.

Morning Mantra ---- Stock

Buy above 78.75…if stay for few minutes…….. May test 81.75 and then after 84….

Your trading Stop will be 74.50…..

If break this level then watch fall upto 73---70…………

Day’s 1^st resistance is 1218, if trade above this level with volume then next hurdle will be 1224—1232…..

Below 1198 may take support at 1193….if break 1193 then look fall upto 1185……..

08: 30 AM 07/24/2012

Morning Mantra --- Nifty Future

Good Morning and Happy Trading.

Yesterday written below 5172 Nifty Future will take rest at 5103, Nifty Future made low 5111 and close at 5120.

Yesterday 200 DMA was 5111, which Nifty Future already touch……..

If break or close below this level then???

If Nifty Future manage to trade above 5146 with out breaking yesterday’s low (5111) then we may witness a fresh up move towards 5179 – 5206 with in couple of hours.

If Nifty Future break 5111 with out crossing 5146 then watch very carefully 5102. If touch 5102 and take a reverse then 1^st resistance will be 5134 to 5140.

If not take a reverse then???

NF may chase 5436 / 39 levels very soon.

Today below 5111 day’s 1^st support will be 5102. Look very carefully at this level.

If NF starts to trade below 5102 with volume then 5086 will be immediate support.

Below 5081 PANIC will create a free fall which may show 5050 ---- fall --- 5017 level with in hours.

“End of next week we can see an unexpected level in Nifty Future”

More reversal points for our subscribers only.

06:06 AM 07.24.2012

Monday, July 23, 2012

Maruti

At 12:04 pm sms was sent to our clients buy Maruti Future @ 1078 (it made low 1077.80). 1^st Target was 1087. Target achieved now.

Maruti Updates

If break and start to trade below 1082 then 1071—1069 will be next vital support……..

MARUTI ........................

"We cannot start production due to a danger to life and safety, how long it will take? 10 days? 15 days? I don't know”

--- Chairman RC Bhargava.

I do not see any shadow of an outside influence this time.”

----- CEO and Managing Director Shinzo Nakanishi

Today watch 1113—1111—1108 as crucial support level…………………….

If take support at mentioned level zone then may reverse sharply………….

If it happened then we may see 1173---1176 within few hours………….

Morning Mantra --- Nifty Future

We quantitatively analyze the consumption smoothing strategies of maize farmers’ response to income shocks in Kebumen, Central Java-Indonesia. The Ordinary Least Square (OLS) method confirms that selling cattle plays a central role in protecting consumption especially from income shocks such as price falls and crop loss. Farmers that experienced income shocks related to demographic shocks such as sickness and death and experienced expenditure shocks related to custom such as birth, mar- riage and religious event require large effort by combining strategies to smooth their consumption.

Tegu Dartanto, Nurkholis.

Good Morning and Happy Trading.

Day’s 1^st hurdle is 5235.

If Nifty Future able to cross above 5256 before 1^st half of trade then fresh buying may take Nifty Future towards 5282—5301—5312.

Closing above 5282 Nifty Future will zoom upto 5318—5333 // 5361 ---5404 with in few hours.

NF may chase 5436 / 39 –5476/79 – 5580 --- 5630 levels very soon.

Today below 5204 day’s 1^st support will be 5198. Look very carefully at this level.

If NF starts to trade below 5191 with volume then 5172 will act as last hope for Bulls.

Above 5172 d’t go for fresh sort……….

If break and close below 5172 then panic may take a rest at the zone of 5150 < 5103………………….

“End of next week we can see an unexpected level in Nifty Future”

More reversal points for our subscribers only.

06:09 AM 07.23.2012

Friday, July 20, 2012

Nifty Future

Written Support levels are 5241—5235…….

Nifty Future Open is 5241 and Low is 5235…..

Below 5235 NF may take support at 5222/5520/5219…………

Morning Mantra ----- Stocks

Yesterday Written On:

Shalimar Paints: Resistance is 601…..It made high 600

And crash to 570….1^st support was 561.

Today’s 1^st resistance is 95 to 96. Above this level 99—103—111 not ruled out.

Day’s 1^st support is 91.50.

Accumulate at lower level (not for Intraday) for sort time gain.

Today’s 1^st resistance is 14017 to 1420………….

Above this level stock will jump to kiss 1425--1432

Major supports are 1396……..

We are Bullish on L&T, BHEL, BGR Energy Systems Limited, ABB.

06: 54 AM 07/20/2012

Morning Mantra -- Nifty Future

ADX is an oscillator which indicates the strength of the market. To some extent, it serves the purpose of volatility indicator. We would like to stress on a point that ADX does NOT tell us the direction of the market, whether bull or bear. It only indicates the strength of the market. As we said before, many traders have a wrong view on ADX. Let us clear that initially before going deep into the study.

Good Morning and Happy Trading.

The day before yesterday at last hour our Clients bought 5300 CE @13. Yesterday book partial profits @28, (Capital become 2.15 times).

Day’s 1^st hurdle is 5275 to 5281.

If Nifty Future able to cross this level with volume then next minor hurdle will be 5291 to 5293.

Closing above 5293 Nifty Future will zoom upto 5318—5333 // 5361 ---5404 with in few hours.

NF may chase 5436 / 39 –5476/79 – 5580 --- 5630 levels very soon.

Today’s 1^st support is 5241—5235--5232.

Look very carefully at 5219/5220. Below this level at 5212.

Today 5258 will act a vital role…..

“End of next week we can see an unexpected level in Nifty Future”

More reversal points for our subscribers only.

06:44 AM 07.20.2012

The Government approved the sale of 10.82% of Its stake in Steel Authority of India (SAIL)

The Government today approved the sale of 10.82 per cent of its stake in Steel Authority of India (SAIL), which may fetch the exchequer over Rs 4,000 crore.

The cabinet committee on economic affairs (CCEA), headed by Prime Minister Manmohan Singh, this evening has cleared SAIL public offer.

The share sale process, proposed to be conducted through auction route or offer for sale.

05:30 am. 20/07/2012

Thursday, July 19, 2012

For more details Mail at

Just Jay Ho

At 10:37 updates on Twitter vital support is 5231.. and at 10:45 AM sent sms to our clients to sort NF at 5260 to 5265………It made high 5267 and now Made low 5242..