Monday, December 5, 2016

NIFTY WEEKLY EW ANALYSIS

Hi Friends,

As mentioned in my previous post Nifty took support at 8065 and broke above 8140. After breakout above 8140 Nifty tested 8250 and started declining.  Nifty erased all the gains made in a week and closed at 8087.

For detailed Analysis & Chart you may visit below link

http://trend-o-nomics.blogspot.in/2016/12/nifty-weekly-ew-analysis.html

Thanks & Regards,

Harsh Dixit.

Monday, November 28, 2016

NIFTY WEEKLY EW UPDATE

Hi Friends,

In my previous post I mentioned about possible Bottom in Nifty upon breakout above 8550. After testing 8000 on News of Demonetization Nifty rebounded sharply. Bulls tried to cross 8550 however failed to sustain above it. Nifty started declining again and tested 7916. Nifty tested important support of previous Swing Low and started bouncing again and closed above 8100.

For detailed Analysis and Chart follow the link below.

http://trend-o-nomics.blogspot.in/2016/11/nifty-weekly-ew-update.html

Thursday, November 10, 2016

NIFTY - PANIC BOTTOM IN PLACE?

Hi Friends,

As mentioned in my previous post after breakdown below 8500 it's time to revise Analysis on Nifty and look for alternate Wave Count. Nifty formed a Head & Shoulders Pattern and broke below 8500 in last week. Bulls tried to protect 8500 however failed to do so. Nifty broke below 8500 as a result of worries over the Outcome of US Presidential Election and sudden decision by PMO to cancel Rs. 500 & Rs. 1000 Currency Notes. It was a sudden reaction and was Unexpected to many including me. Though the H&S breakdown suggested decline to 8100 sudden Crash to 8100 was unexpected. As mentioned earlier it's time to change the Wave Count.

For detailed Analysis and Chart you may visit below link

http://trend-o-nomics.blogspot.in/2016/11/nifty-panic-bottom-in-place.html

Thanks & Regards,

Harsh Dixit.

Thursday, November 3, 2016

Nifty Can Bounce above 8968 in coming days - Elliott Wave Analysis



Complete Analysis report with detailed explanation and outlook is available at http://sweeglu.com/nifty-can-bounce-sharply-above-8968-without-breaking-much-below-8377/


Friday, October 28, 2016

Nifty Elliot Wave Analysis by tradingwithabi

So its been good Ride for the Bears since our last update well now its 
Bulls turn to STRIKE
nifty elliot wave analysis by tradingwithabi

for more info on trading lvl visit us @ tradingwithabi

Monday, October 24, 2016

NIFTY - AIMING FOR NEW HIGH ON DIWALI

Hi Friends,

It's been a long time I have posted on Nifty. As mentioned in my previous post Nifty remained in prolonged Correction over last few weeks. After testing 8969 Nifty corrected to 8506. After testing major support near 8500 Nifty bounced back sharply above 8700 and formed a Hammer on Weekly Chart. This is an indication of a possible Rise in Nifty in near term future.

For detailed Analysis and Chart you may visit below link

http://trend-o-nomics.blogspot.in/2016/10/nifty-aiming-for-new-high-on-diwali.html

Thanks & Regards,

Harsh Dixit.

Monday, October 3, 2016

This Year Nifty to be in range of 8400/8500 - 9000

If my count is correct, I expect Nifty to be range bound this year. Nifty will make complex correction in wave '4'.


Detail analysis at https://niftytechblog.wordpress.com/



Nifty Outlook and Targets for the Week Staring 03-08 Oct 2016




Read complete analysis report with Nifty Trading Strategies, Stoploss and Targets at http://sweeglu.com/elliott-wave-analysis-report-of-nifty-for-03-oct-2016-onward/


Friday, September 23, 2016

Nifty Elliot Wave Analysis by TradingWithAbi


Resistance Stands Tough @ 8906-8920

Saturday, September 17, 2016

Connection- WD Gann Elliott Wave Theory

WD Gann Elliott Wave Theory- Lost Connections

There are a lot connections in WD Gann Elliott Wave Theory. WD Gann though started trading in 1898 and this was when no Elliott Wave was discovered. In-fact next 10 years Gann used in his research about the markets , he also traveled India, Egypt and London in this duration.
If you study works of Gann you will know he was already working with the principles of Elliott Waves Theory, However he just did not got restricted to patterns and market observations, but he also did much beyond that.
One thing which always strikes me was that W D Gann visited Egypt and yet not used Fibonacci numbers. Quiet Astonishing! Since I have worked on Elliott Waves as well, I know that in Elliott Waves there are Internal retracement levels or percentages, which are 23.8%, 38%, 50% (this is not a Fibonacci retracement), 61.8% etc. All these percentages are derived from dividing Fibonacci numbers. I will Explain that in another article, that how these numbers are derived.
Now once again Ralph Nelson Elliott did not know about Fibonacci Numbers though he was using these numbers for predicting the reversal in the market and not for Internal Fibonacci retracements. These Retracement works were later introduced by other practitioners of Elliott Waves. Did these practitioners knew Gann Methods? or was that just coincidence?
WD Gann very similarly used retracement levels by dividing the range in 8 parts.
1/4= 25% very similar to 24% retracement
1/3= 33.33% nearly 38% retracement
1/2- 50% (Did Elliott Wave people stole this percentage from WD Gann and still mocked Gann ?)
3/8= 60% very similar to 62% retracement
wd-gann-elliott-wave-theory
WD Gann Elliott Wave Theory- More connections
William D Gann was detailed oriented person and he soon by his observation noticed that markets fall or rise in three or four sections. He had many more observations which RN Elliott never did coz Ralph Nelson Elliott had less time of market trading experience as he started when he was already 60 plus .... to read full article click here Gann Elliott Wave Theory