AnbHfund

AnbHfund

Short SPX500 below 2450 on Hourly Chart ! Or Long Above 2520 on Hourly Chart ! On wave count front this could be wave 5 on downside of wave C correction ! Keep an eye on VIX above 25 could mean much more volatility coming and that to on downside. MACD is moving in a tight range, once it starts to expand on any side that would be our trend !! Short SPX500 :...

AnbHfund Updated 

Short Nifty below 10730 on 10 min charts with sl of 20 points i.e. 10750 !! Target :- 10540

AnbHfund Updated 

Sell Nifty either today @ CMP 10790 or at gap down tomorrow at 10750 !! Target : 10534 With SL @ 30 points from entry !!

AnbHfund Updated 

SPX500 is in a downward trend and in Wave 3 of Wave C correction most probably which might finish around 2240 !! Short @ 2400 - 2410 SL @ 2435 Target @ 2240 !!

AnbHfund

Nifty50, SPX500 and GER30 all were in sync till May 2018 after which Ger30 ( DAX ) showed divergence and started to fall !! The next in line to fall is SPX500 and is about to sync with GER30 on downside but the Nifty50 is now showing divergence against both these and is resisting the fall. Now if global markets fall the EM will also toe its line, so with December...

AnbHfund Updated 

Sell Nifty below 10575 on 10 Min charts with SL @ 10610 !! Targets : 10330 today or tomorrow !!

AnbHfund Updated 

SPX 500 is sell from 2818 but after breach of 2630 lvl on monthly the market is under bears grip and is sell on bounce !! SPX 500 is very close to trend line support of 2320 but the VIX @ 35 would mean that this lvl would be breached soon for next fib lvl of 2078 in coming next week !! RSI is close to 30 lvl so a bounce back possible in mid Jan 19 but...

AnbHfund Updated 

Nifty has broken support zone of 10850 !!

AnbHfund Updated 

NATGAS is now probably at levels where it is just short of breaking the above resistance trendline !! #NATGAS Buy above @ 4.540 on Hourly chart with sl @ hourly low of last candle or at 4.450 ! Add more longs above 4.670 on hourly for targets of 4.9 !!

AnbHfund Updated 

Nifty is clearly showing 5 wave on downside !! And this looks like a point of reversal to 10700 and then start of wave 3 on downside !! Nifty remains short on daily chart !! This view remains only till state election result which will be declared on tuesday. Markets are showing reactions to Exit Poll which are not in favour of current ruling government but our...

AnbHfund

NATGAS has reversed from the lows and is now showing a minor breakout in abcde pattern on upside. Long Above 4.670 on Hourly Targets : (i) 4.9 (ii) 5.12 Any Close above 5 on weekly Charts would open initial targets of 8 !!

AnbHfund

Sell Nifty below 10850 on hourly chart for lvls of 10700 !!

AnbHfund

SPX500 is now trading at the upper range ! Looks like a Wave B correction on upside of ABC ! Short @ 2818 with SL @ 2834 on Daily Closing basis !! Long above 2835 on daily closing with SL @ 2775 !! Bias : Short SPX500, Nifty50 !! Risk Reward Favourable on Downside !!

AnbHfund

Sell Below 4.500 on hourly chart !! Consolidating in a range -- in abcde pattern !! Bias : Long above 5 on Weekly closing !!

AnbHfund Updated 

Instead of looking for signal on Nifty, watch Yesbank -- Yesbank is moving ahead of Nifty at every turn and now again there is a divergence in both with yes falling below 200 and Nifty close to 10700 !! Will Nifty start its down leg -- look for next coming event on Monday as there is RBI Board Meet. Look at OI of Nifty : Max OI @ 10800 -- 37 lakh Contract and...

AnbHfund Updated 

NATGAS is trading at upper trendline resistance and once it crosses the lvl of 5 on upside, look for lvls of 8 or more on upside !!

AnbHfund

Wave 1 seems to be completed on downside !! Sentiment too much bearish, look for a reversal in crude !!

AnbHfund Updated 

US has allowed some countries to import Crude Oil from Iran -- not completely stopped. So a reversal in sight . Could this be the Start of Wave 5 ?? But as Equities market have started to fall, there could be a fall coming in Crude Oil as well !!