NIfty Weekly Review

Dear All###

As i have mentioned in my earlier post that Nifty 50 cluster Resistance 7730-7775.

Last two day Nifty 50 to and fro near 7730.As nifty touch Gann Half vibration  7965

of last fall from 9119 to 6825 so undertone is bullish.Question is this down fall

from 7992 where it ends before Elliott wave logical support 7517 or Gann angle

Weekly support 7260. Ok all this are medium term perspective.For short term 7667

is the major Gann support and 7880 Major Gann Resistance followed by 7775-7790

for Next week.

From my earlier post BankNifty support was 16166,Today's Low is near to that support.

Gann Cluster Resistance at 16384 & 16448.I will update latter for BankNifty.

To know Banknifty weekly Review Tune to NiftyinTune means Nifty in Rhythm.

Note-Before Your first Trade make sure you are in Sync with Market,
So these above analysis is for Educational Purpose Only. 

Nifty Elliott wave & Gann Analysis

Dear All###

As in my earlier post i have mentioned that 7775-7730 is the upper  Gann cluster

Resistance.Today Nifty 50 spot price to and fro near 7730 all the day,although

made an attempt to cross 7775,But fails.For tomorrow above 7790 bulls takes

control and near 7640-7612 are the Gann cluster support .

Nifty>>>

No change of level in BankNifty ,follow the yesterday post.
Note- The above are for Educational Purpose only.

Nifty 50 BankNifty Elliott wave Gann Analysis

Dear All###

NIfty 50  is now reach at where Gann cluster support 7640-7612 

and Gann cluster Resistance at 7730-7775.

Be cautious in your approach.As we people unable to find

proper elliott wave fractals,this falls from 7992 may be mark up for

downtrend as 5th wave(7822-7992) of  wave 5 may be truncated or

alternative counts are bullish wave 2 of wave 1(7517-7992), for that 

counts to be valid nifty 50 should take support from 76%-88% i.e (7629-7570)

 Elliott wave practitioner or analyst are used to the term "may Be" or "Alternative

wave counts" etc.My question is if stock market is a complex chapter for almost

95% of trader or investor.Why we complex or confused  more by adding the 

term may be ,alternative counts etc.I am also addicted to it some extent.

Market movement is based upon Simple Harmonic Motion.That"s why

my preference is Gann Angle over Elliott wave.

NIfty>>

BankNIfty>>

Note-Educational Purpose only

NIfty 50 Daily update

Dear All##

Nifty 50 spot price support at 7730.If sustain below that then 7640.

Resistance at 7790

Nifty>>

Note-Educational Purpose only

Nifty 50 Market Sync

Dear All###

Is the Sacred Geometry  in stock Market(Nifty 50) works???

Is this Coincidence???

Not at all

As i have mentioned in 1st and 2nd May post that market should bullish above

major Resistance 7880  and support at 7730.Today from 7880-7890 almost

150 points fall till 7735.

From 6th April onwards i have mentioned that 7965 is the Make or Brake and

Potential Reversal Zone.Nifty 50 unable to sustained above 7965.

Nifty 50 Daily chart

Note-To know next rhythm of Nifty ,Tune to NiftyInTune.blogspot.com
For Educational Purpose only

Nifty 50 Elliott wave and Gann analysis

Dear All###

As per Elliott wave Nifty 50 spot price should not touch 7777 of

4th wave of [5] if the yesterday post elliott wave count of Nifty

hourly chart is right.

As per Gann analysis,same levels of yesterday post are valid and

as not breached either side.

Nifty>>

 Note-The above analysis is for Educational Purpose only.

NIfty 50 Elliott Wave and Gann analysis weekly Review

Dear All###,

As per Gann analysis Nifty immediate resistance 7860 and 7880 and

Potential Reversal Zone 7965 ,support at 7760-7730.

Nifty>>>

As per Elliott wave analysis Nifty spot price must respect  7777 to be bullish till

38% of wave (1-3) 8013 or 61%-8150 .



Let us see the Nifty Hourly chart.

Note-This above is Educational Purpose only.