sudhannayak

sudhannayak

Om Namah Shivay ( Om Namah Shivay means ? I,the peaceful Soul, respecting to SupremeSoul Shiva, (In Hindi - Mein Shant Atma ParamAtma Shiva ko Sanman De Raha Hoon)) (After publishing, the circles are disturbed and are automatically adjusted based on the viewing resolutions, So that is normal and expected, In this scenaio, imagine the nearby tops and bottoms...

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Om Namah Shivay Brothers, Analyzed the Nifty support resistance levels based on Gann . The support becomes resistance once broken and vice versa. The levels are shown on chart. This is based on High made on 17/7/2019 11:30 AM. Nifty spot 11706.65 Note: I have around 2 months experience into technical analysis , completely new to Technicals. Never trade...

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Om Namah Shivay Brothers,This is the Second Nifty Astro Roadmap chart - For the downtrend from 10873.25 which started the deep bearish movement yesterday. Start point - 22 Aug 2019 1:01 PM Focus only on the highlighed area. This is drawn with 1 minute chart and then shown on 15 min chart. It looks nice and beautiful. See how time and price match. This is a...

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Brothers, The first Nifty Astro Roadmap chart This is drawn with a 1 minute chart and then shown on 15 min chart. It looks nice and beautiful. See how time and price square at what angle. This is a learning chart. The 1 minute chart is in.tradingview.com Note: I am a soul the son of Supremesoul Parampita Shiva. I amaround 2 months into trading and...

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Nifty has been making zones as per price action. There are multiple sell pressure candle and buy pressure candle and price action is not too much positive towards immediate up movement. A H&S pattern is seen. How we will trade the H&S ? We will observe the neck line. And see if the H&S is too much slanted or not. If more slanted, then the completion of H&S...

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INRJPY on a nice short trading setup Also confirmation from RSI bearish divergence.

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GBPUSD in a correction mode from 2007 onwards. ((0)) = 2.11919 starts the correction of GBPUSD from 2007. ((II)) is a symmetrical triangle. This triangle makes a false breakdown. (C) is making the false breakdown to a correction. Here why (II) became a triangle ? Ans : We understand that the sudden/deep/sharp (I) correction generally brings a ripple of...

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AUDUSD is on it's down correction mode. It looks the final cycle 5 of lower degree is not yet complete. It is possible that it will go further down to make a lower degree 5. If we consider the Grand impulse cycle, it looks the grand impulse 1 is complete, 2 is in the making. After that 3 could be steep upwards.

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Today doing a different analysis - Considering the recent tops. We are doing 2 analysis, From recent 2 tops 1. Elliot wave count from 12103 top , Here we plotted ABC, our A-B are clear, and trying to plot C and the target. 2. Elliot wave count from 11982 top, Here we plotted 1-2-3-4-5, Our 1-2-3-4 are clear and trying to plot 5 and the target. (The 2nd...

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Let us analyse Nifty further drilled down - after Part 1, Part 2 series of analysis Outcome from this analysis : 1. We have not yet gone back and corrected anything from previous Part 1, Part 2. It is a continuation. We understand now in Part 3 analysis that the previous markings needs correction, but we will look them again later. 2. Part 1, part 2 all shown...

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Let us analyze Nifty further in lower timeframe. Again with Elliot Wave. Output of this analysis : May be Predicting: If Nifty goes back from 10985 above. We will findout from our next Part 3 analysis, if nifty can go below 10985 or not. We are possibly wrong in marking the subwave 1 at 10985. So If nifty goes below 10985, it confirms our subwave 1 is wrong and...

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Let us analyse Nifty 50 - 3 hour chart. The last leg. Previously we had analysed the Nifty full cycle. Please check previous post to have a look on it. ( check previous post) Previously long back we had analysed and set the possible downmovement targets with title "Will Nifty repeat History of 2010 Pattern". ( check previous post) Previously we have seen...

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Will Nifty repeat 2010 trend. Nifty is at a decission point where we have hope of moving up. A straight line upward movement is the hope. But a next big target depends on the next big downmove. If we try to understand the past and think that after 9 years Nifty will repeat the same trend ! Repeatation of 2010 So a down movement to 10450 level ( 10400 -...

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USDCHF currency is on downmove from two decades. from 2-10-2010, it is making lower lows. From 1.83189 = ((0)), it made a all time low at ((I)) = 0.70830. The elliot wave grand cycle ((I)) has used long time cycle. Then the retracement up has started and possibly made the grand cycle (II)) which has nearly used 1/2 time cycle of ((I)). The (II) position looks...

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USDJPY complete cycle Elliot wave analysis. The grand cycle started at 147.7 till 75.5 = ((V)). A huge correction . The Initial half looks like a descending triangle. And we could do the elliot labelling differently. But When we marked ((0)), from where we started, so the way the labeling happened is little different. But felt that is ok as we need to do the...

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I find USDINR is preparing for small up movement . So did one full Elliot wave analysis. When the USDINR Elliot wave analysis was complete, result was not satisfying. But The correct cycles are ((I)), ((II)), and ((III)) marked on chart, And I tried to fit all five which went wrong and waste of time. This analysis is for reference purpose and learning...

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Have been analysing the Elliot wave on Nifty 50 on a grand cycle level. From Analysis, we find we are in the making of (III) Grand impulse. The question arises Will we keep the (III) there or move it upward. Currently it is at .786 Fib ratio. And if we want to move (III) above, Then we have option of marking it at 13000. This is a refercence purpose analysis...

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Nifty made one H&S. This type of slanting H&S is not that effective like the horizontal H&S. But it is giving indication. Also we undetrstand the last fall happened because of Instituional investors options strategy. But market was supposed to fall that we were sure and the event just happened. Already we had set our eye only on the downside. If we refer our...