506

MD & ABN Stocks Trading Ideas

13 Feb, 12:01

IF USDINR sell on rise plans out then good for equity market in weeks or months to come.. keep eye on USDINR moves for few days and keep eye on its ATH levels..

627

MD & ABN Stocks Trading Ideas

13 Feb, 11:57

#USDINR @ 86.90
First chart showing that USDINR fell in 5 waves from recent ATH which is clearly visible on the charts. And whenever any instruments fell in 5 waves from ATH it’s a sign that short term cycle or medium term cycle or larger cycle have completed and now we can expect some pullback or correction in that particular instruments.
Now in second chart I have the 5 wave’s completion visibility on the charts from the low of year 2018 but i do not have the evidence right now that can this 5th which ended does extension or not that time will tell. But one thing is sure now if USDINR fail to break its recent ATH then now the trend of USDINR turns sell on rise and recent ATH can work as pattern negation levels.
NOTE: IF USDINR BREAKS THE RECENT ATH THEN CHANCE OF EXTENSION IN 5TH GETS OPEN SO UNDERSTAND THE IMPORTANCE OF RECENT ATH LEVEL WHICH IS 87.97 LEVELS.

673

MD & ABN Stocks Trading Ideas

13 Feb, 06:48

#NBCC @ 88 LEVELS UPDATE
Downside 83-77 looks good strong support to watch on daily closing basis.
As long as stock is holding this support zone on daily closing basis it has a potential to move upside towards 97 to 105 minimum and max 120 odd levels in weeks to come.
NOTE: if stock starts giving close below 83—77 spot levels then stock trend turns sideways to weak.

633

MD & ABN Stocks Trading Ideas

13 Feb, 03:52

#NIFTY @ 23085 CLOSING GUIDANCE FOR 13/02/2025
Currently its 9.20AM nifty trading at 23085 spot levels. If yesterday low is confirmation of a double bottom and we got pause in ongoing selling for time being then on today’s weekly expiry trading session NIFTY should not give close below 22950 spot levels and in good case it should try to give close at or above 23305 plus minus few points and in excellent case it should try to to give close at or above 23520 spot levels plus minus few points.

655

MD & ABN Stocks Trading Ideas

11 Feb, 04:07

#NIFTY @ 23316 UPDATE
So far nifty gave pullback to dot 50% of the move 22786 to 23810 and 66% is placed at 23134 spot levels & our key level for direction is placed at 22900 spot levels.
As long as NIFTY is trading above this levels we still have a chance to move upside towards 24500 to 25200 levels to complete the bounce. Only close below 22900 spot level the hope of getting bounce towards 24500 to 25200 ends.

360

MD & ABN Stocks Trading Ideas

11 Feb, 03:43

Running little late will post index levels summary in sometimes

396

MD & ABN Stocks Trading Ideas

10 Feb, 08:28

31 Jan, 07:15

#CANBANK @ 93 UPDATE
Now downside 90 has become a base support to watch on daily closing basis if stock manage to hold this levels then in days to come it can move upside towards 100—105 as short term trading projection,
NOTE: if stock breaks 100-105 then stock trend turns sideways to weak again.

576

MD & ABN Stocks Trading Ideas

31 Jan, 05:25

30 Jan, 06:35

24 Jan, 07:05

#RELIANCE @ 1260 ALTERNATIVE-2
As per this wave formation 1604 to 1202 is wave A.
From low of 1202 wave B bounce going on & within wave B we have completed wave A of B which moved 1202 to 1326. From 1326 at today’s low 1255 either wave B of B completed or about complete soon and soon we will start the wave C of B up move which can take reliance towards 1402 to 1450 spot levels to complete the wave B and anywhere from 1402 to 1450 we may fall again towards 1100 as wave C to complete the 5-3-5 formation.
This view remains active if reliance holds 1240 spot levels downside on closing basis and once we get close above 1280 spot levels we will get first sign that this formation is active and weekly close above 1280 will get second confirmation that this formation is active.
so understand the importance of 1 2 4 0 spot support on RELIANCE and this view will also help us to understand the direction of NIFTY.

629

MD & ABN Stocks Trading Ideas

24 Jan, 07:00

#RELIANCE @ 1260 ALTERNATIVE-1
As per this wave formation 1604 to 1202 is wave A.
1202 to 1326 is wave B & from 1326 wave C started for downside 1015 as next projection.
And once we get continues close below 1240 and then below 1202 will get confirmation that this wave formation is in action.
so for this formation below 1240 weekly close the door for this wave formation remains wide open that is why 1240 is key level.

578

MD & ABN Stocks Trading Ideas

24 Jan, 06:56

RELIANCE : the fall in reliance from ATH is 5 waves so 5-3-5 formation is action on a larger time frame..So far at recent low we got wave A now we will identify that wave B completed at 1326 and started wave C down or still wave B going on & this will try to identify with KEY levels to watch to get some idea.

560

MD & ABN Stocks Trading Ideas

24 Jan, 06:53

POSTING RELIANCE TWO ALTERNATIVE VIEWS TO GET IDEA WHICH NIFTY ALTERNATIVE IS IN ACTION

499

MD & ABN Stocks Trading Ideas

24 Jan, 06:34

#NIFTY @ 23270
KEY SUMMARY
If 23537—23540 breaks then ALTERNATIVE-1 Fails and either ALTERNATIVE 2 OR 3 IS IN ACTION.
If we start getting close above 23800 to 23960 and touches 24225 then alternative-2 fails and alternative. 3 in action.
And if we don’t touch 23537—23540 and breaks 22975 then our alternative-1 is in action and we are in middle of last leg of correction and to form a bottom soon.
NOTE: as we are heading towards budget event we may see extreme volatile and speedy move is its going to be tough to decide but with this KEY levels you can get idea of the direction.

514

MD & ABN Stocks Trading Ideas

24 Jan, 06:31

#NIFTY @ 23270 ALTERNATIVE-3
As per this wave formation the entire fall from 26275 to 23263 is wave A.
From low of 23263 till high of 24860 is wave A of B.
From high of 24860 till recent low 22975 is wave B of B as in expanded flat as its within the rules.
And now from low of 22975 we have started the wave C of B which can again take us towards minimum 24769 to maximum 25124 spot levels to complete the wave B & anywhere from 24769 to 25124 we may again fall towards 22150 to complete 5-3-5 formation and complete the wave C.
if this formation is active then will get first sign once nifty closes above 23800 spot levels, second sign will get if it closes above 23960 spot levels and 3rd sign when it touches 24225 spot levels.
IF THIS FORMATION IS ACTIVE THEN WE MIGHT GET SOMETHING GOOD IN BUDGET OR ITS GOING TO BE MIX BUDGET BAD AND GOOD AND CUZ OF THIS WE MAY GET A BOUNCE IN THE MARKET & IF THIS FORMATION IS ACTIVE THEN WHATEVER MOVE WE SEE TOWARDS 24769 TO 25125 THIS WILL BE ONCE AGAIN EXIT POINT

490

MD & ABN Stocks Trading Ideas

24 Jan, 06:21

#NIFTY @ 23270 ALTERNATIVE-2
If nifty touches 23537—23540 then this ALTERNATIVE COMES in action and as per this formation nifty is in wave C & within this wave C 1 and 2 completed and now wave 3 is on and this wave -3 is forming sub waves and in this case nifty can give bounce till 23800 to 23960 and anywhere from this zone again we may see the selling pressure to build in the market and IF THIS FORMATION IS ACTIVE THEN HIGH POSSIBILITY IS THERE WE MAY RETEST THE 4TH JUNE ELECTION DAY LOW WHICH IS AROUND 21200 and this BRUTAL SELLING OF FII’S NOT STOPPING ANYSONE.
So for this wave formation KEY LEVEL IS 24225 BUT TO KEEP ALIVE THIS FORMATION NIFTY SHOULD DEFEND 23800—23960 SPOT LEVELS IN ANY BOUNCE AND IT SHOULD NOT TOUCH 24225 SPOT LEVELS.

457

MD & ABN Stocks Trading Ideas

24 Jan, 06:14

*#NIFTY @ 23270 ALTERNATIVE-1*
As per this wave formation entire fall from 26275 to 23263 is wave A.
From low of 23263 till high of 24860 is wave B and now we are in middle of wave C & within wave C we have completed wave 1,2,3 & right now we are in middle of wave 4 and soon we will fall in wave 5 as final push to complete the 5-3-5 formation and to form a bottom and this case nifty can go towards minimum 22580 and maximum 22190 to 21900 spot levels.
*now in this formation the KEY LEVEL to watch is 23540 spot levels to be précised 23537.30 spot levels which is wave 1 of C low.. if nifty even touches this levels then this formation fails because wave C does not do overlapping move and wave 4 can not go in zone of wave 1, so by even touching 23537.30—23540 this formation fails and ALTERNATIVE-2 COMES IN ACTION. SO UNDERSTAND THE IMPORTANCE OF 23537—23540 REST HERE.*

453

MD & ABN Stocks Trading Ideas

24 Jan, 06:05

10 Jan, 04:41

09 Jan, 03:25

Har Har Mahadev !!

Good morning everyone 💐

419

MD & ABN Stocks Trading Ideas

08 Jan, 06:55

#NIFTY
After morning sell off nifty is continues hovering around crucial support zone of 23550—23450 spot levels.
If Nifty manage to hold 23550—23450 then once again it can move higher towards 23890—24000 spot levels but if it breaks 23550—23450 on closing basis then we may see a classic Lower High Lower Low break down and nifty gives indication that its open for 22300 spot levels which is lower band of the falling channel.
So understand the importance of 23550—23450 spot support here

973

MD & ABN Stocks Trading Ideas

08 Jan, 06:49

07 Jan, 05:52

03 Jan, 09:29

#ASIANPAINTS @ 2340 TRADINGVIEW UPDATE
Stock is one of the heavily beaten down among the BLUE CHIP STOCKS.
Currently stock is showing DAILY POSITIVE DIVERGENCE which is indicating that if stock does not break the recent low which is 2250 spot levels then we may see a corrective bounce up move towards minimum 2523 to maximum 2690 spot levels in days to come.
NOTE: if stock breaks 2250 spot levels on closing basis then this view fails and stock remains weak and sideways despite of oversold RSI and positive divergence. SO UNDERSTAND THE IMPORTANCE OF 2250 SPOT LEVELS & ACT ACCORDIGNLY.

841

MD & ABN Stocks Trading Ideas

03 Jan, 04:27

31 Dec, 04:20

26 Dec, 05:22

#JWL @ 514 UPDATE
Now stock turns bullish only if we get proper weekly close above 587-590 spot levels and in that case its trend may turn bullish for 750 to 1000 spot levels. But if stock fail to move above 587—590 then in weeks to come it can retest downside minimum 440 to 383 and maximum 335 to 300 and anywhere from this support zone it can start the move up towards 750 to 1000 spot levels.
SO UNDERSTAND THE IMPROTANCE OF 587-590 RESISTANCE TO GET THE CLARITY OF THE TREND IN JWL

563

MD & ABN Stocks Trading Ideas

26 Dec, 05:17

AVOID TOTALLY IRFC FOR TIME BEING FOR INVESTMENT PROSPECTIVE TILL WE GET THE CLEAR CLARITY OF THE TREND.

525

MD & ABN Stocks Trading Ideas

26 Dec, 05:16

#IRFC @ 147 UPDATE
At recent ATH of 228 stock completed 5 waves cycle and gave us new wave-1.
From 228 till low of 132 looks like wave W of 2 completed and from 132 to 167 wave X of 2 bounce completed and now from swing high of 167 stock stared wave Y of 2 which can fall downside minimum 115 and max 98 to 89 spot levels to complete correction in wave-2.
#NOTE: if stock moves above 167 on weekly closing basis then we will have to recheck again that what sort of formation going on in the stock. But if stock fails to move above 167 then this view remains wide open. So understand the importance of 167 resistance and the directional view.

513

MD & ABN Stocks Trading Ideas

26 Dec, 05:09

13 Nov, 03:32

Har Har Mahadev !!

Good morning everyone 💐

643

MD & ABN Stocks Trading Ideas

12 Nov, 05:20

29 Oct, 09:39

22 Oct, 03:02

Har Har Mahadev !!

Good morning everyone 💐

419

MD & ABN Stocks Trading Ideas

21 Oct, 05:46

#TRENT @ 7690 WAVE UPDATE
It seems at recent ATH 8340 stock has completed wave 1st of 3rd and now it has started the pullback move in wave 2nd of 3rd.
Weekly RSI showing NEGATIVE DIVERGENCE on RSI front.
Now upside 8340 has become new base RESISTANCE if stock fail to move above this resistance zone then it can give pullback towards minimum 4748 to 3600 as part of wave 2nd of 3rd which it can comes in next couple of MONTH.
NOTE: if stock gives weekly close above 8340 spot levels then will have to re visit the wave counts for next direction. But if stock holds 8340 then this view remains open for next couple of months.

608

MD & ABN Stocks Trading Ideas

21 Oct, 05:28

#NIFTYIT @ 42060 WAVE UPDATE
Current wave formation showing that NIFTIT has completed wave 3rd of 3rd at recent high of 43750 and now its in middle of wave 4th of 3rd which is completed or about to complete soon in next couple of days.
Downside now 41400-41000 are crucial support to watch whereas 38500 should act as trend reversal support.
As long as NIFTYIT is trading above 41400—41000 larger trend remains bullish for upside minimum 48335 to 49940 spot levels.
Once it moves above 43750 which is recent ATH we may see some upside trigger in the IT pack.
Fresh weakness starts if it breaks 41400—41000 on daily closing basis.

573

MD & ABN Stocks Trading Ideas

21 Oct, 05:14

#CANFINHOME @ 857 WAVE UPDATE
Stock is in middle of wave 5th of 3rd larger degree and this wave 5th of 3rd has formed ENDING DIAGONAL which is completed at recent high of 955 or it can complete around the upside band of trendline which is around 1055 and anywhere from this zone it can complete the rally and starts correction towards minimum 395 and maximum 210 spot levels.
Avoid this stock for trading and investing for time being till it gives further confirmation of its technical formation

549

MD & ABN Stocks Trading Ideas

21 Oct, 03:19

#NIFTY Spot View: 21/10/2024
CMP: 24854.05
Moving AVG (EMA) 20 Hour & 40 Hour: 24843 & 24906
Moving AVG (EMA) 20 Day & 40 Day: 25149 & 25108
Support & Downside Range: 24690--24567
Resistance & Upside Range: 25060—25235
Short Term Trend Reversal Level: -- 25235

Trading View Summary:
• For today’s intraday trading session key level to watch is 24690—24567 support zone.
• As long as NIFTY is trading above this support zone we have to assume that market has formed a short term bottom and now we are heading upside towards minimum 25060 to 25235 spot levels.
• Whereas after opening if NIFTY breaks 24690—24567 on closing basis then once again we may see fresh selling pressure to start in the markets.

600

MD & ABN Stocks Trading Ideas

21 Oct, 03:18

Har Har Mahadev !!

Good morning everyone 💐

560

MD & ABN Stocks Trading Ideas

18 Oct, 09:51

14 Oct, 03:05

Har Har Mahadev !!

Good morning everyone 💐

665

MD & ABN Stocks Trading Ideas