CATCH FUTURE SHOCK !!!
CATCH FUTURE SHOCK-1 !!!
BASED ON FUTURE SHOCK & FUTURE SHOCK-1 POSTS ,I CONCLUDE FOLLOWING OBSERVATIONS:
1. CORELATING ALL OBSERVATIONS ,THE MEDIUM TERM OUTLOOK HAS HIGH PROBABILITY OF BEING BEARISH .(SAY FOR NEXT 2-3 MONTHS)
2. THE INTERMEDIATE TOPPING OUT ZONE HAS BEEN REACHED AND MAX. UPSIDE SEEMS TO BE 5580 LEVELS APPROX.
3..THIS NIFTY SERIES OF JULY HAS ITS OWN DYNAMICS ,SO THIS SCENARIO MAY COME INTO PLAY FROM FIRST HALF OF AUGUST ,AS THE MOMENTUM HAS JUST STARTED TO BUILD UP.
4.IF THIS CORRECTION HAPPENS ,IT WILL BE DIFFERENT FROM LAST CORRECTIONS SINCE MARCH '09 AND WILL ALTER THE MARKET STRUCTURE.
5.THIS EARLY WARNING SYSTEM TELLS THAT ,TRADING SHOULD BE LIGHT MOVING AHEAD & LEAVERAGED POSITIONS TO BE REDUCED TO MINIMUM FOR THE NEXT SERIES & MEDIUM TERM IN GENERAL.
NOTE: GANN CIRCLES ARE GIVING A DATE OF 9TH AUG. FOR REVERSAL AND ALSO THE MAX. BULLISH ELLIOT WAVE COUNTS WILL END ABOVE 5500 LEVELS.
AND ON A NON -TA NOTE, SOME WESTERN STAR GAZERS ARE PREDICTING KIND OF MAJOR REVERSAL DEFINING PLANETARY POSITIONS BEING BUILT UP IN AUGUST .
SO CAUTION FROM ALL SIDES ,BE PREPARED !!!
5 comments:
It's good to find someone else who uses Gann trading techniques to find high-probability reversal setups. Great blog!!
One wild guess - If nifty cross 5545, then why can't we expect 6357 with free flight ticket for nifty upside?? as metal, pharma, oil, infrastructure has beaten down, if these all sectors moves upside then it's reacheable target before DIWALI. This is purely how nifty reacts from 5545.
I can't go to my past and future too..will take trade as per market.
Sujatha,
yes one should keep the price indicators supreme for trading.
why cant u expect 6357 or for that matter any figure? u can and should ,backed by sound conviction and be flexible if the factors on which the convictions is based ,somehow changes.
everything is possible.i have proposed a theory on what i see and believe ,so has sri ,equally opposite. for what is a start to him is a end to me.
for in the end we trade probabilities and beliefs.
oh oh, handle with gloves months with an upper voltage of 5580.
:)
sometime back who talked about 5400+ ?
now we are already onto it ...
so may the 6357 too ...
Hi PlayThe Nifty,
Saw ur blog just now.
U have got some very educative stuff posted with clear method of presentation.
I am not much into Gann and astro though keep some overview.Our friend here Sriganeshh is quite proficient in both.
Carry on the good work and all the best for ur new blog.
Looks like u have chosen a nice month to start with.
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