Tuesday 22 December 2015

Bullish Pattern Seen in two Telcom Stocks

  • Bharti Airtel and RCOM has broken out of inverse H & S pattern
  • Both stocks are strong under performers from past 6 months
  • Now looking attractive at current levels to dips
  • Stocks trading above short term averages indicating inherent strength


                                                             Bharti Airtel - Daily Chart


                                                                    RCOM - Daily Chart


To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts 

  

 For Workshops on Technical Analysis & Financial Markets Contact Us 

 

 

Raju Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900

 




Friday 11 December 2015

US Federal Reserve Meet Mania ..... Dow Jones - What is in Store Chartistically ? (Update from Dec 1th 2015)

Dow Jones once broke 16900 entered a free fall zone tests our 2nd tgt 15370 yesterdays low and recoups losses.

Whats next for Dow Jones key trend decider for global markets ?

The key is to not just applying Elliot waves along with that basic and advanced indicators to time the entry to is vital to simplify trades ....

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts 

   For Workshops on Technical Analysis & Financial Markets Contact Us 

 

Raju Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900





Weekly Chart
  • Dow Jones has been persistent out performer in 2015 holding up its gain
  • US Markets grand daddy of all financial markets showing sings of fatigue from last couple of trading sessions 
  • Charts suggesting a double top kind of a pattern formation
  • Counts suggesting probable flat correction the major index can enter into
  • Global Equity markets look vulnerable

17050 - 16900 in Dow Jones becomes vital

 

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts 

  

 For Workshops on Technical Analysis & Financial Markets Contact Us 

 

 

Raju Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900

 



Monday 7 December 2015

NIFTY - Are we entering matured stages of correction - Wave Counts ?





  • The Indian Major Indices in a Complex Wave (4) correction in the form of W-X-Y-X-Z
  • NIFTY has been correcting from last 8 months (April 2015) a first lower top formed
  • Are we in the mature final stages of correction?
  • Lowest Volume today in NIFTY in 2015
  • Fading volumes near lower levels indicating lack of momentum towards prevailing trend


Timing becomes crucial for trading or investing

"Knowledge will bring you the opportunity to make a difference"

 - Elaire Fragin


To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us




Raju V Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900

Sunday 6 December 2015

Reliance Industries - Long term Pattern forming





Reliance Industries have been a distinct under performer in past 7 years

A Million Dollar Question is - One of the NIFTY heavy weights under performance to continue or Are we near change in trend for "Long Term"?

The counter is forming an Ascending Triangle pattern ....

Timing Entry and Exits is vital in trading or investing ....


"The Direction in which education starts A Man will determine his future in life"

- PLATO


To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us




Raju V Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900

CNX Media - What is in store?


                         
                                                             CNX Media Daily Chart

 After persistent higher top and higher bottom formation from August 2013 CNX Media is forming a lower top
  • The chart pattern suggesting Irregular Flat correction seems to be under way in the form of Wave C 
  • Indicators showing bearish swift

Stocks to Watch Out:

Zee Entertainment

"Education is the manifestation of perfection already in Man"


To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us




Raju V Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900

Tuesday 1 December 2015

Engineering Stocks Buzzing in trade from few weeks





                                                                  CEBBCO Weekly Chart


                                                                  Shanti Gear Weekly Chart

Many Engineering stocks buzzing in trade from couple of weeks
Its a Small Cap & Midcap Mania
CEBCCO forming rounding bottom pattern with today close on higher volumes indicating more to come CMP (26.30)
Shanti Grear forming Inverse H & S pattern (CMP = 110)

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us



Raju V Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900

Tuesday 10 November 2015

Doomed !!! CNX IT - In Coil Pattern what next ? (Updated)

CNX IT cracks from 11600 to 11060 odd levels ....

Index heavy weights TCS & Infosys are major culprits in fall contributing to depriciation of Indices ..

To Know more above next big move in Major Indian Sectors & to Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  medium and short term levels and which sectors to be in, educate yourself  with us from simple to advanced technical analysis concepts For Workshops on Technical Analysis & Financial Markets Contact Us


Raju V Angadi Vishwanath, B.E., MS, CMT
Technical Analyst
rvangadi@googlemail.com
+91 78291 55900

 






                                                                             Daily Chart


- CNX IT in a symmetrical triangle
- Which way can it breakout ?

S - 11200/10750
R - 11590/11800/12000

To Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.



Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst

"Education is the movement from darkness to light ....

- Allan Boom

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions attend our next workshop ...


 rvangadi@googlemail.com (or) +91 78291 55900

Thursday 5 November 2015

NIFTY roadmap ahead - Bhiar Election results or Objectivity?



                                                                   
                                                            Weekly Chart

- NIFTY after making a high 9119 have been on corrective from February 2015
- Its been 8 months we are into consolidation phase
- Seems to be we are in Wave 4 correction of a 5-wave advance
- Can Bihar elections be the trigger to pull the index up or still some time left?
- Before a meaning full correction still NIFTY is having a potential to test 10000+ levels

But timing is crucial .... Its vital to trade objectively .... Identification of key reversal points with risk management techniques will assist in attaining consistency .....

Corrective moves are frustrating and hard to trade by where people lose money ....

Scenario:

Case 1:
NIFTY hold support 7970 can start rally back towards 8400+ levels

Case 2:
NIFTY breaks 7970 panic selling may emerge and 7690 can be visited .. worst case can test 7450 levels

Key Support      :   7970 - 7820 - 7690 - 7446
Key Resistance :   8140 - 8200 - 8250 > 8340 - 8400 - 8630


To Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.





Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst

"An investment in knowledge pays best interest ....

- Benjamin Franklin

 

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions attend our next workshop ...

For Workshops on Technical Analysis & Financial Markets Contact on:

 rvangadi@googlemail.com (or) +91 78291 55900

Wednesday 4 November 2015

Bang On !!!! Banged !!!! Dr. Reddy - Double top pattern in Place indicating Exhaustion near term uptrend ? (Update)



                                                                 Daily Chart


Dr. Reddy cracks power of Wave counts &  pattern .... It is also important to time the entry with appropriate Risk/Reward ratio....

Stock down 14% and 4100 PE up 1130% from Rs. 28 to Rs. 450.
                 
                                                                 
Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst


To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions attend our next workshop ...

For Workshops on Technical Analysis & Financial Markets Contact on:

 rvangadi@googlemail.com (or) +91 78291 55900



                                                                    Daily Chart

- Dr. Reddy makes a double top 4380
- Are we on a flat correction?
- Momentum indicator RSI showing first signs of weakness with negative divergence
- Power of pattern with wave counts

 Always it is vital to identify early to manage risk reward ratio.

Swing Trading is all about waiting for the right trade set up in your kitty while defending your capital ...

To Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.




Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst

"The purpose od  Education is to replace an empty mind with an open one ....

- Malcolm Forbes

 

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions attend our next workshop ...

For Workshops on Technical Analysis & Financial Markets Contact on:

 rvangadi@googlemail.com (or) +91 78291 55900

Sunday 25 October 2015

Marico - Trading Triangles with Elliot Waves

Marico has broken below symmetrical triangle which was anticipated on 20th Oct 2015 around 395 levels.

What is in store next ? Is more downside left ?


                                          
                                                                     Daily Charts


Always it is vital to identify early to manage risk reward ratio.

Swing Trading is all about waiting for the right trade set up in your kitty while defending your capital ...

To Know more detailed Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.



Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst

"Education is an ornament in Prosperity and a refuge in adversity ....

- Aristotle

 

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions attend our next workshop ...


Our next Bangalore Workshop "Learn to trade Elliot 

Waves  Objective Way"

 on 31st October and 1st November ..... 


 

For more about course details & Fee Structure visit:

http://swing-research.blogspot.in/2015/10/learn-to-trade-with-objective-elliot.html

 

For Workshops on Technical Analysis & Financial Markets Contact on:

 rvangadi@googlemail.com (or) +91 78291 55900
 


Wednesday 14 October 2015

Doomed !!! CNX Pharma Out Performance to continue or Its due for a Correction? (Update)

First of all, "Wish All a Happy & Prosperous Diwali 2015" ......


Swing Research

- Indian Pharma Sector after a stellar performance from more than 2 years has fallen apart  in last 3 weeks
- Last 3 years of gain are erased by 30 - 40% in mere 3 weeks
- Its really important to be in right sectors at right point of time
- The correction was anticipated based on simple technicals along with advanced Elliot wave combination


So Preservation of Capital is also important while also being in right sector at right time ....

 
To Know more about Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.



Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst
rvangadi@googlemail.com
 +91 78291 55900

"Formal education will make you a living; self-education will make you a fortune.....

-Jim Rohn

 

 

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions....


To know our next Bangalore Workshop "Learn to trade Elliot Waves  Objective Way".....




                                                                      Weekly chart

CNX Pharma has been out performing the bench mark indices from past couple of years
The Index in a flat corrective wave pattern
On weekly chart, mechanical indicators witnessing a range swift & negative divergence
The Index below 13000 and 12840 can show further weakness

R - 13403/13600
S - 13000/12840

It is always vital to be in right sector at right time .... As sector rotation is will have significant impact on ones portfolio ...

To Know more about Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.




Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst

"Education is learning what you didn't even know you didn't know ....

- Daniel J. Boorstin

 

 

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions contact on:


Our next Bangalore Workshop "Learn to trade Elliot Waves  Objective Way"

 on 31st October and 1st November ..... 


Hurry up Limited seats available .....


For more about course details & Fee Structure visit:

http://swing-research.blogspot.in/2015/10/learn-to-trade-with-objective-elliot.html

 

For Workshops on Technical Analysis & Financial Markets Contact on:

 rvangadi@googlemail.com 

Tuesday 13 October 2015

Ultratech - In Classcial Corrective Wave Pattern




                                                                     Daily Chart
  • Ultratech on a bigger picture Flat A-B-C correction
  • The key resistance on the upside is 3020 and support is around 2815
  • What in store next ?
To know how to be prepared for big moves ... Appropriate risk reward ratio is of significance .....

To Know more about Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.



Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst

"The only person who is educated is the one who has learned how to learn and change

- Carl Rogers

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions contact on:


Our next Bangalore Workshop "Learn to trade Elliot

 Waves  Objective Way"

 on 31st October and 1st November ..... 


Hurry up Limited seats available .....


For more about course details & Fee Structure visit:

http://swing-research.blogspot.in/2015/10/learn-to-trade-with-objective-elliot.html

 

For Workshops on Technical Analysis & Financial Markets Contact on:

 rvangadi@googlemail.com

Monday 12 October 2015

Nse Midcap Index - Outperformance or Underperformance to come?


                                                   
                                                                  Daily Chart

  • It is always vital for Midcap Index to perform for any rally to sustain in broader markets
  • NSE Midcap Index has completed a 5 - wave decline and a counter trend rally was initiated from 12200 - 13400 odd levels in zigzag pattern 
  • The index now facing resistance near 13400 - 13500 levels

  • The broader picture have we completed an ending diagonal?
  • The million dollar Question is, What is in store next over short to medium term?
  • Are Midcap stocks going to Out Perform or Under Perform?
To know how to be prepared for big moves ... Appropriate risk reward ratio is of significance .....

To Know more about Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.



Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst

"The Purpose of Education is to make minds, not Careers

- William Deresiewicz

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions contact on:


Our next Bangalore Workshop "Learn to trade Elliot

 Waves  Objective Way"

 on 31st October and 1st November ..... 


Hurry up Limited seats available .....


For more about course details & Fee Structure visit:

http://swing-research.blogspot.in/2015/10/learn-to-trade-with-objective-elliot.html

 

For Workshops on Technical Analysis & Financial Markets Contact on:

 rvangadi@googlemail.com

Britannia Industries - In corrective Pattern

"Education is the Movement from Darkness to Light

- Allan Bloom




                                                                        Daily Chart

  • Britannia Industries after a stellar rally from below 950 levels to 3300 odd levels in past one year in an impulsive pattern
  • The stock for first time is showing signs of fatigue and lower top formation in place & probable zigzag pattern in the process of formation
  • After a 5 wave decline August 2015 stock has shown a counter trend rally on the upside
  • Has the stock resumed it correction? 
  • What is in store for the counter next?

To know how to be prepared for big moves ... Appropriate risk reward ratio is of significance .....

To Know more about Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.



Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst

"I am not a teacher but an awakener" - Robert Frost

 

 

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions ....


Our next Bangalore Workshop "Learn to trade Elliot Waves 

Objective Way

on 31st October and 1st November ..... 


For more about course details & Fee Structure visit:

http://swing-research.blogspot.in/2015/10/learn-to-trade-with-objective-elliot.html

Hurry up Limited seats available .....



For Workshops on Technical Analysis & Financial Markets Contact on:

 rvangadi@googlemail.com 

Friday 9 October 2015

Curde Oil - PPP Pattern

Crude Oil as made a Pole & Pennant Pattern (PPP) before breaking out to start half mast move ....


                                                                     Daily chart

After 5 - wave decline crude has started zigzag move up in A-B-C fashion.

NYMEX crude after making bottom near 37.75 rallied to 46 - 47 and consolidated in the range forming a triangular pattern ....

On 6th October we anticipated an upside breakout in the form of C wave and PPP pattern ...

As anticipated Commodity has started it upward move from 3020 odd levels now trading around 3275 odd levels ...

Still the move can be sustained in near term .... To know where next resistance and support is and trade with objectivity ...


To Know more about Elliot Wave Counts and where probably markets are heading towards long,  intermediate and short term levels and which sectors to be in, educate yourself  with us from simple to advanced concepts contact us.



Our next Bangalore Workshop "Learn to trade Elliot Waves Objective Way" on 31st October and 1st November ..... 


For more about course details & Fee Structure visit:


http://swing-research.blogspot.in/2015/10/learn-to-trade-with-objective-elliot.html

Hurry up Limited seats available .....




Raju V Angadi Vishwanath, B.E., MS, CMT
Equity Technical Analyst

"Education is what remains after one has forgotten what he/she has learned in school"    - Ablert Einstein

To Learn simplified objective approach applying Advanced concepts of Objective Elliot Wave Theory in conjunction with Advanced Dow Theory & Psychological traits to trade with some common sense & optimize your investment / trading decisions contact on:

For Workshops on Technical Analysis & Financial Markets Contact on:

 rvangadi@googlemail.com 


Sunday 4 October 2015

Learn to trade with Objective Elliot Waves - Bangalore Workshop 31st October & 1st November 2015






 Why Elliot Waves are Subjective ?

The traditional standard way of Elliot Wave Approach makes it more complicated & Subjective with Elliot Wave Alternative counts and understanding the magnitude (sub-division) of waves which makes one confused to leave the approach ....

To bring in the objectivity what is required,

Strong in Basic concepts of Supply & Demand
Understanding of nature's Law
Understanding of Fractals
Combination of other tools Simple & Advance technical aspects
Objective Time cycles

Elliot Wave works where ever mass participation is amassed like Major Indices and Stocks with fair liquidity

It is all about "Balance & Proportion" in one Word


Day 1:    Learn Reactive Trading Methods                           

Introduction & Overview – Crowd Behavior, Psychology & Know Thyself
Dow Theory – Tenants, Limitations and Application in Modern Context
Application of war Psychology – Identifying Inflection points
Unconventional Ways in conventional Charting Techniques
Introduction to Elliot Waves
Technical Indicators & their Applications – Advanced Way
Two stock Selection Strategies which can be applied in trading/investments

Day 2:  Learn Predictive Trading Methods   
               
Elliot Waves Characteristics & Crowd Behavior
Practical Objective Elliot Wave Approach
Wave Internals & Secrets of Elliot Waves Application strategies
Importance of Fibonacci - Its existence in Nature
Two Price Projection Methods
Trade Management Strategies
Money management Strategies
Q & A


For More Details Contact us on:

Name       :    Raju Angadi Vishwanath, B.E., MS, CMT
E-Mail     :    rvangadi@googlemail.com
Website   :     www.tradershut.com    (under Construction)



 Get Free Access to Wave Forum access & Membership from Traders Hut for 3 months worth Rs. 4500/- wherein Learn and share insights with trader, Mentor & full-time practitioner on charts .....

For More Details on Course Structure, Fees, Upcoming Workshops, Trade with a Trader programs & Newsletters Mail Back or Call us
:

regards,
Raju Angadi Vishwanath, B.E., MS, CMT
Technical Analyst & Trader
+91

Trainer Bio
Raju Angadi Vishwanath, B.E., MS, CMT is an experienced Technical Analyst. A Passionate trader and a mentor with 8+ years industry experience in varied asset classes such as Equities, Commodities and Currencies. “Raju is a Chartered Market Technician (CMT) from Market Technician Association (MTA), USA which is a coveted Gold standard Technical Analysis Designation from MTA, USA. He is one of the 2100+ CMTs across the globe and only one of the 5 in Karnataka, India”. Raju did his Masters from De Montfort University, UK and Bachelor of Engineering from Visvesvaraya Technical University, Karnataka. He writes newsletters for Association of Technical market Analysts (AMTA), India.

Raju carries vast experience of analyzing Indian & Global Equity, Currency and Commodity markets using techniques like Dow Theory, Elliott Waves, Advance Fibonacci Tools, and momentum tools. He has been a Guest Speaker and Core Committee Member ATMA, Bangalore chapter. He has been Guest speaker in various B-Schools on Overview on Financial Markets and Technical Analysis.

Raju is a real-time industry practitioner been working as a Technical Analyst – Research cum passionate Trader, PCS Securities Ltd, Bangalore. He is a regular blogger providing his view on Indian Equities & Commodities in his personal blog Swing Research (http://swing-research.blogspot.in/) from more than 4 years. He is also a guest faculty for Stock market Institute, Bangalore an initiative of Jain Group of Institutions (JGI Ventures). In the process he has trained personally more than 1000+ students, professionals, Businessmen on Technical Analysis from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies.