Beyond Technical Analysis
Time co-relation testing - Nifty - PracticeOm Namah Shivay
Trying time co-relation between bars, important bars. Just a practice page.
From tests, getting incomplete conclusion.
Few things on the chart are self explanatory. Nothing more is explained here.
Om Namah Shivay means "I (the soul) respecting to SupremeSoul Shiva"
What a brahman understands about self ? Ans - I am a soul, the son of Parampita Paramatma Shiva
Astro testing - retrogression of planets - Nifty - 5 year cycleOm Namah Shivay
One astrological testing practice sheet. Testing the retrogression of planets. As per W. D. Gann. 60/30/15/10/5 are the cycles. 5 year cycle is the 30 degree cycle.
Today testing the retrogression of planets in May and the 5 year cycle comparison. Not much is explained in the chart.
Om Namah Shivay
SBIN tradeNSE:SBIN
How I initiated trade on SBI today at Around 3 PM.
1. On hourly chart, I saw breakdown of chart and with heavy volume.
2. then on daily daily chart, I checked RSI which is below 40 and MACD was also started contracting.
this confirm the short signal.
Will Nifty repeat History unfolded in the Past of DJI in 1929
Will Nifty repeat History unfolded in the Past of DJI in 1929 ( I wants to thank to all as today i have received the reputation of 10 and can link the charts , so i am linking the charts of DJI 1929 for better clarity )
I am publishing this chart Once again as the same patterns are now reflected in Nifty which happens in DJI in the 1929-1930 . Also
Till Now all my predictions are going in the right direction , next move let See in further days
Will Nifty History repeat itself unfolded in the Past of DJI in 1929 ( Like wise same patterns are reflected in Nifty which happens in DJI in 1929 _)
1) Climax which shows the starting of Wedge pattern
2) Rising wedge Pattern which happens same in DJI in 1929
3 ) very near to climax of the Wedge pattern
4) Now Down ward will start like which happens same in Nifty Yesterday
5) Again it will start moving up in the upper direction
6) Now continue to move up in the upper band at least 2 months
7) then it will start falling down and can reach lower levels once again
In Technical Analysis history repeats , if patterns and trend are showing same , then history is repeating ( Let See going forward what happens next)
(Finally if you liked the Idea pls provide likes and comments and pls provide suggestion if you something dont like about the idea )
Pls Click the link down below for better understanding of the charts
MANN KI BAAT 1I am Jagrat. I am 19 years old. I am a Chartered Accountant student.
It's been a week since I started using TradingView. I have a good response from you people.
Every Sunday I will post an informative/educational idea.
Today I will share how to interpret my ideas so that It can help you most effectively.
1. I will never post ideas on 1-minute or 5-minute timeframes
2. Whenever you see an idea, don't jump on it right away. Do your own analysis. Ask doubts in comments.
3. Enter a trade only after fully confirming it, Remember protecting your money is more important.
4. Plan your trade, Trade your plan.
5. Not every day is a trading day.
6. Trade what you see, Not what you think.
I think this much information is enough for this.
See you next week.
Please like the post (It helps me!)
Also comment your doubts.
Want to make money along with me?
-Click on the follow button.
Want to see my trade of the month?
- Click on the related idea below.
TCS - Upper side Not much room...Long Term Trendline is about to reach. Downward reversal is expected soon.
Congratulations to Anjan Oleti! A super intelligent friend of mine Anjan Oleti over here thinks that I am misleading people & he promised to do the opposite of what I say. So today he had gone long in Intraday in NIIT Tech at 1186-1190 with target as EOD. NIIT Tech ended around 1177-1178.90. I hereby take this opportunity to congratulate him for an outstanding trade. All those fellow friends of mine who think that I am misleading them, are hereby requested to unfollow me & follow him immediately to increase their wealth!
HINDUSTAN UNILEVERIt has activated an Ichimoku C Clamp which is suggesting a retest of 2175. View would go wrong if it trades above 2425.
A notein course of trading it seems merely watching a sporting event where the outcome is unknown but there is plenty of action along the way. There are ups and downs, and things can change dramatically from one moment to the next.
most people enjoy the actions from price ( including me ) and most put the weight on other actions on the way, everyone predicting what is going next.
Since everyone is talking about bank nifty nowadays The analysis takes into consideration short term price changes as it measure ( a mathematical formula , uses deviation and calculates z-score or price deviation ).
Green area shows the price trend is upward, red show price is down ward and blue shows possible reversal
GO LONG OR ENTER SHORT IN ASIAN PAINT ? ASIAN PAINT STOCK SELECTED FOR YOUR LEARNING AND VIEW.
DO SHARE YOUR VIEW ON HOW IT WILL REACT FROM THIS POINT ?
WHAT WOULD BE YOUR CALL, SHOULD YOU GO LONG OR GO SHORT ?
SHARE AND COMMENT PLEASE !
Gold will truly prove Gold !As a Professor of Strategy, and hence a fundamental analyst with a passion for technical analysis, I start with a disclaimer. I have no personal stake or interest in Gold. I share my analysis.
Technically : Great buy for delivery - Gold has beautiful and solid support, it will rebound and touch new highs around 2000 in about 2-3 weeks. I suggest delivery as opposed to trading in futures that are unfortunately acting to reduce your profits while roll-overs happen each cycle. Long run I am clear, Gold will touch unforeseen levels on upside (just as Crude saw an unforeseen level on downside yesterday).
Fundamentally: Gold is your safest and the most lucrative bet. In about 6 to 9 months, as the worst come to surface, Gold should be $3000.00. The world has not yet factored in the new reality even half way, and the new reality emerging is far more grim than one imagines and Governments would like us to believe. Unless we have an effective vaccine, the world is not going back to normal. I see cycles of Lockdowns and exiting Lockdowns in a vicious cycle. The real panic hasn't set it yet, no bank has yet folded up, banks havent yet put restrictions of withdrawl of money yet, imagine the panic as it occurs. At the moment, some sectors as Hospitality, Aviation, and Luxury Goods (rather stated as discretionary goods and services) are close to folding up.
The Central Banks and Governments are forced to print currency. Natural and justified earnings of Governments through Taxes etc. is already and will be affected drastically. Introduction of new billions of dollars of cash that Governments will borrow is necessary to fight the pandemic, and keep a remote semblance of normal functioning, and stimulate the economy. Unforeseen levels of Printing will lead to unforeseen levels of lowering value of currency. Lowering value of currency makes a bread (symbolic of necessity) more expensive. That is inflation, and with no growth, you know what it means.
Gold will truly prove Gold !
Buy and hold !
ITCIt has formed a Bearish Harmonic Gartley which coincides with the Weekly/Monthly Ichimoku resistance alongwith highest OI in 200CE, It could retest 175/165. View negates above 196
