The Banknifty Has come longway right from 9200 to 12700 level.Almost a non-stop rally that firm footed and keen in reaching it upward destination beyond 13000.Today from the Market opened in gap up and lot of runaway gaps seen in nifty and banknifty and banknifty achived a day high of 12787 and made a steep fall down to 700 level.

Today we made 150 points in banknifty intraday swing trade between 12680 to 12740.We made many attempts for 30 points and the market was in full support as the volatality was good today.

The Ew 3rd wave correction is due, but as of now the market indicates - 'nothing' of such correction signals...the runaway rally is on and we may take this as an attempt to reach peaks, just before the exhaustation / decline state. I wish the trader to be more cautious and make out all trades in intraday with strict stop loss.

We made our day fruitful today.

Hi All,

We made our day 'FRUITFULL' -in banknifty intraday.

The first 16 mins after market opening we made 130 points profit in banknifty.it is a kind of record and that boosted our confidence. Many of our clients trades in 20 to 50 lots have seen huge money today. The net gain we made in intraday banknifty was 215 points..We just amazed by our own performance.Just Imagin> 200points X 100 nos=Rs.20,000/-. Many of our HNI clients made about 2-lakhs ruppes in intraday trading.

How We Made This Possible?

We have been intensively looking into each and every technicals about a decade and developed our own software tools that is very appropriate to our indian market analysis. Based on this, we have spend yesterday whole day as we found some unique signals in our tool and intimated all our clients yesterday evening not to go intraday long in Banknifty or nifty and today 8.30 am we also alerted all our clients about the mild correction that is going to take place today.

In the market opening , we waited for the sell and sold exactly in the day high at 12340(day high was 341) and covered it in 270 and we double bought it in 277 and sold it in 296(double sold) and placed a buy at 12166 and sit tight for few hours and our target was achived.We have not left a single opportunity...we sold again in 195 and bought the same 2 mins before the market closing at 148. All our clients were really thrilled..we too surprised by the technical that worked very well today...The market was not bound to technicals all these days due to the excessive bull power...and today it worked perfectly well.Now the bulls are seem to exhaust itself or rest for a while!!...

What we can expect now?

We have predicted our market is going to correct. The correction may be mild and tomorrow is going to witness an important day of reversal.The bull may give up the powers to the bears.The banknifty may slip down to 11800 level and nifty may fall another 100 points down from the CMP.

The correction may not continue further down to 11800 the banknifty may bounce up again as the banks are still attractive and not willing to give up its status quo.

We have been alerting all our readers to book profit in holdings and keep cash reserve.Now avoid fresh longs in any scrips.Do all your intraday trade with strict stoploss.

What Is Happening In Our Market?

The Indian Market is Zooming like an ferocious spain bull that fight and move ahead and kick-off all hurdles on its way. The Nifty touched the 6000 mark and Sensex gone to 20,000 Mark. I am really not thrilled by this rally. but on the same time holding tight for not going fresh longs.The waves are good but not able to see what is hidden under this blue waves. The logic mind always suspect and refuse to accept the present up swing. I also advised all my clients to book full profits in the blue chip companies and ask them to keep cash reserve. Mainly the banking sectors which is inflated so much and do not able to really measure the with standing capacity of the inflated baloon...I wish all my friends to land safe before the baloon blast out of the excessive pressure.

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The indian market is seems to be very much coupled in this rally with global cue's. but when i look back the recent past correction our market was not intact with the global correction and de-coupled it self and now for this on going rally it is very much coupled and any up in the dowjones that impact our market. Our market react instantly in the same manner and get along with the world cue's.Do not know how to measure this rally whether it is a pseudo or reall. Any how play safe and safety is always better in this market. What i mean is do not buy fresh scrips...instead book full/partial profits in your old holdings. Every one get attracted to buy a scrip in its high price probably if, you buy now you are forced to buy the scrips in its year high.

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The Banknifty today shown good swing between 12200 to 260 level and we attempt more than 8 trades and gained 100+ points.The market opening onwards we started selling from 12340 level. The nifty was firm today and the 6000 sentimental level didn't bring much profit booking as expected. i saw a lot of gambling in SBI and Axis bank today.

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Now, what do we expect?

First thing is to accept the fact,the market is in the hold of bulls that run run...Allow the bull to exhaust itself and be ready to attack the bull when its loses its strength...till then if,possible sit on the top of the bull and get along with it, where ever it may take you...Hold the bull tight and make sure you will not fall when it run fast.Reach the destiny and land safe. or Stay away and be a on looker of this bulls fight from the gallery.