stocks to watch on 18th Dec

Tomorrow is a pressure date for market as per astronomy and election result. I expect a huge volatile day.

I expect good movements in below stocks. Please do not trade on these stocks based on my post.

1. Hindalco 

Possible NR4 breakout. 200 MA and 50 MA  @230 is a strong resistance.

Buy:223
Sell:215

2. ACC

Strong MA resistance 1460 to 1480
Sell  1420

3. Hindustan Unilver 

Sell 1804

4. LT  

10 MA resistance 1414,
Buy 1414
Sell 1372

5. Axis bank 

Price action indicates a strong breakout possible

50 MA support     598
10 MA resistance  621

Buy
Sell 592
Buy 610.2

How to do we planning  trading for Hinndalco intarday

Hindalco

Sell 215
SL 223
Target 208

Nature of trade : High probable trade
Trade duration : Intraday
Total capital 5 lakh
Total risk for 10th Dec : 1 % of 500000 i.e. 5000
Number of trades : 2
Risk per trade : 2500


Number of shares to be sold = 312
Margin required 4000
Total value 67000

Trade decisions : 

If sell trade is favorable, will book 100 shares at 213 , 300 shares at 211 and 100 shares at 208 . Will do partial profit as sell position can not be carried over.

Estimated profit for sell = 2100

For buy trade , target will be 8 points. Will keep the buy trade for two days.

Price Tine Square of Nifty On Important Astronomical Dates

Nifty perfectly followed Gann Price time square. Nifty showed great momentum on 5th , 12th and 20th November  where price time squaring  happened.

Nifty honored all critical price levels during its upward journey as published on Nifty trading idea

10431

10483

10535

10587

10639

10691

10743

10795

10847

Now, possible support levels for Nifty are

11694

11642

11590

11538

11486

11434

11382

Nifty option suggests support at 10500 and resistance at 10800

My trade plan for tomorrow ( 20th Nov 2018)  1st half based on technical

1.  If Nifty goes below 10640, will short nifty with initial target 10600.

2.  If Nifty cross above 10743,  will go long for initial target 10795

I will create spread in second half  considering weekend.

Astrological view 

Tomorrow Ketu star day. Moon sublord is Jupiter till 111:22 and Saturn will be sublord till 3 PM.  Jupiter and Mars formed a negative aspect which statistically indicates a strong bearish tone.  Moon is also in "kishore Aswastha"
As per my understanding , astrological position does not support strong positive movement.

Gann Price Time square calculation based previous range and duration

• 10774  high on 19th Nov 2018
• 10030 low on  26th Oct 2018

Possible dates                               Possible Prices

20-11-2018                                    10671
23-11-2018                                    10568
28-11-2018                                    10466
05-12-2018                                    10364       
14-12-2018                                    10262


Nifty low was 10562 on 21st Nov

Stock trade plan for the week of 16th November 2018

Review of  last week Nifty performance 

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Post market update:

1. Nifty opened in a positive note

2. Nifty witnessed profit booking after  solid opening

3. Nifty movement picked up around 245 PM while ASC was Pisces as mentioned in this article yesterday.

4. Nifty touched 200 DMA and closed at 10764. Nifty gives a good movement on a day when price and time squared. 

I exited all my positions in Nifty. Will enter once today's high (10774) or low (10688) will brake on closing basis.

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Nifty gave good swing n 5th and 12th November. Nifty made low 10464 on 12th November whereas 10460 was a resistance as mentioned on 9th November.

Even volatility based calculation was showing probability of reaching 10700 was 35 % .

We able to capture Nifty movement based on Gann astrotrading methods.

Let us analyse possible Nifty movement for next week

1. Based on implied volatility Nifty has 32 % chance to touch 10800 and 17%  chance to hit 10500.
2. Next  price time square date is 20th November  and  possible target is around 10750  or 200 DMA.
3. 10740 zone will be a supply zone for Nifty. This a strong resistance of 50 DMA and 100 DMA

News which are supporting bullish sentiment in market

There are few good news  for capital market as crude price  cracked , USD INR return to 71/72 level which gives psychological comfort to FII/FPI, Domestic investors are still believing "Mutual Fund Sahi Hy" as they have invested huge cash with various MFs.

My technical view for Nifty  is positive for 19th November.

Astrological view of market

Saturn is star lord for 19th November

Asc for Nifty  is Sagittarius. Jupiter is lord of Sagittarius. Saturn is placed in Sagittarius.

Placement of other planets

• Sun mercury and Jupiter are in 12th house from Ascendant which is also the  house of expense. 
• Venus is at 11th house 
• Moon is placed at 4th house Pisces and it is Yuva awastha.   It is Jupiter house and has 5th aspect from Jupiter. Moon is at Saturn star. Overall moon is positive.
• Ketu is in second house which is not very positive.
• Mars is aspected by Saturn by its 3rd aspect 

Market might open strong but there might be some profit booking 

Around 11 AM Asc will be Ketu and some more profit booking will continue. This is will be a good buying opportunities.
Around 1 P.M Asc will be Capricon and mars will be in Asc.
Around 2:20 PM Pisces will be Asc.

We might witness  strong bullish sentiment in the market in second half.

Trade plan based Gann astro trading principle :

I will go long tomorrow with SL at 10640  for a   target 10750.

Shares with positive view

RIL. Bajaj finance, VEDL, Gail, Ibull Housing Finance

Shares might witness correction

Icicibank, Axisbank, Adani ports

Stock trade plan for 9th Nov

New year started with a positive not. 

As per price time square method of WD Gann possibles dates 5th Nov, 12th Nov and 20th Nov. Possible price targets are  10460, 10561, 10663

Niifty did met two price targets already. Nifty closed above 10561. Based on Gann Master Time Factor, Nifty should meet 3rd target 10663 by 9th or on 12th November. 

I will watch below stocks for 9th November  

Long : Axisbank, BPCL, Cipla and SBIN

Short  Tatamotor

My view market will witness profit booking next week 

Nifty on 5th November

This  will analyse probability of movement of Nifty from various point of views like political, astrological, astronomy ,  Gann price time square, volatility based movement and chart analysis.

Astrological 

Scorpio ascendant @915   to 950 - In scorpio, Mars is ruing and Ketu is exalted at Scorpio.  Mars
(29.4 degree) in Capricorn where it is exalted at 28 degree. Jupiter and mercury are in Scorpio where Jupiter got directional strength. Jupiter has 9th aspect on Rahu ( 120 degree aspect) so Rahu will have less negative impact on market. Sun and Venus is at Libra where Venus is ruling. Presence of venus will reduce "debiliated" impact of  sin at Libra.

Sagittarius  ascendant @915 to 1155 AM - Jupiter is ruling lord of Sagittarius.

Capricorn ascendant @1155 AM to 145 PM - Saturn is ruling.

Aquarius ascendant @145 PM to 322 PM - Saturn Ruling

Pisces ascendant @ 322PM 457 PM - Jupiter is ruling

Moon is at its own starlord. This condition moon is normally weak.

My view: Nifty will be strong in 1st two hours and will be weak in second half . It will be a high volatile day.

Political and news 

Statistics suggests that post midterm election,US market surges ahead. However, the situation might be tricky this year as sanction on Iran will impact Global economy adversely.

Volatility 

long build up noticed on Nifty and weekly upside target 10900 and downside target 10200

Gann Pricetime square

As per my last article on Nifty price time square, Nifty closed above 10460 and  close to next target 10561. We expect Nifty will complete next target 10663 on Monday morning before a corrective pull back on Monday.

Technical analysis

In weekly chart, Nifty took support on 100 w moving average and immediate resistance is 50 week moving average 10709.

Next price time square for Nifty

How to trade Nifty based Gann price time square?

Nifty completed price time square on last Friday as predicted by Gann calculation and astronomical calculation.

Let us check what should be the next possible range of Nifty

117151 3rd Sept  High
10030   26th Oct  Low

Based on price range possible dates where market will show impulsive movements

28-10-2018
30-10-2018
05-11-2018
12-11-2018
20-11-2018
14-12-2018
18-12-2018
30-12-2018
15-01-2019
04-02-2019
25-02-2019
19-03-2019

Nifty did face resistance at 10200 on 30th October . Today, Nifty showed strength and reached to next critical resistance level 10400 and closed at 10386.

Next critical resistance 10609 and support 10201

Nifty made an intermediate high 10701 on 17th Oct . Considering 10701 as recent high, and 10030 as recent low, Nifty completed  50%  pullback.  

Nifty need to close above 10701 to resume its upwards journey otherwise Nifty might slip below 10000.

Let us check how astronomy can help us to predict possible Nifty movement 

1st Nov , Thursday  market might be range bound to up 

2nd Nov, Friday might be a bearish day 

5th Nov, Monday might be a volatile and  bearish day 

I consulted Financial almanac by Tamilsandhi

What option chain reveals ?

Put writing happened at 10400, 10300 and 10200. However, put unwinding happened at 10500. We can infer market participants expects stable to bullish market for 1st November

What are the possible Gann price levels?

26 th October close price 10030 squared at 90 degree offset of 53 degree calendar days.

Based on last price time square future possible price ranges are

10258  At this price previous downtrend will over as per Gann rule
10359
10460
10561
10663

On 1st November Nifty spot closed at 10380. Hence, Nifty resumed its northward journey.

Long trade can be initiated with first target 10460 and stop loss 10359.  

My plan to trade nifty for Nov

sell 9600 put 10 lots
sell 11000 call 10 lots

Buy Nifty future  and stop loss buy ATM Nifty put. Hedge the position overnight not in business hours.

In future article, will discuss how astronomy can guide to improve the above  forecast of future price and time.

Does Nifty complete price time square?

W D Gann price time square is a critical calculation for trader. The key of the method, the calculation predicts possible reversal based on previous range and significant high and low.

Key important parameters 

Significant low  9952 made on 23rd February 2018
Significant high  11157 made on 3rd September 2018

Price range                       1799
Trading days elapsed           36
Calendar days elapsed         55

Price time square calculation can be accomplished in several ways.

I am discussing three simple methods here.

1. Find the price window using Gann square nine calculator and time window based on previous price range . The basis of this calculation is price = time * time 

Next possible PT square happen on

16-10-2018    Price closed near Gann static level and market witnessed great movement next  day
28-11-2018
10-01-2019

2. Price must reach a significant static Gann level on  natural square dates like 1, 4th, 25th , 36th and so on from 3rd September 2018.

19-09-2018      PT square happened as price closed vert near to 11237.  Market witnessed a volatile
                         movement next day

22-10-2018       Nifty witnessed  volatile movement but no trend change happen


3. Converting price and range to degree and find the closest match

 Nifty closed at 10030 . Degree equivalent of 10030 is 161 which squared with previous time range in calendar days i.e. 164 days.

If there is reversal, downtrend will continue . Following price levels might work as support 10001  9951 , 9901 , 9851  , 9851  , 9801 and major resistance will be 10201.

In next article , I will discuss on astronomical calculation for possible price time square.