Friday, August 26, 2016

Nifty likely to bounce above 8728 in Sept 2016 Series



Read complete report with trading strategy, stoploss amd targets at http://sweeglu.com/nifty-is-still-indicating-bounce-above-8728-ew-analysis-for-26-august-onward/

Putting my view on current market state
Option 1 – Preferred count:
Wave ‘e’ forming triangle

Monday, August 22, 2016

Nifty 22-08-2016

If current pattern a triangle, then its in final stage of completion. Below is hourly chart. I am writing this today because if this is indeed a triangle and in final stage, then this opportunity can bring returns in multiple times in couple of days. Risk takers can put small money. Remember this is expiry week and short covering can move nifty very fast.
Please refer below link to understand where I am coming from

Sunday, August 21, 2016

Monday, August 15, 2016


Nifty Technical: 14th Aug 2016.

Hourly

Once previous high of nifty crosses in hourly, we’ll be in wave 5. Else expect some more correction in form of triangle or complex correction



 

Monday, August 1, 2016

Nifty is Preparing for 250-400 Points Decline in Coming Sessions





Read complete analysis report with Short term, Medium Term and Intraday Trading Strategy and stoploss at http://sweeglu.com/nifty-likely-to-decline-by-250-400-points-without-breaking-much-above-8783/

Wednesday, July 27, 2016

Elliott Wave Outlook of Nifty for July 2016 Expiry Day



Read complete analysis report with trading strategy and stoploss at http://sweeglu.com/nifty-likely-to-stay-positive-on-july-2016-expiry-day/


NIFTY - Most Awaited Correction on Cards

Hi Friends,

It's been a long time I have posted on Nifty. As I have been mentioning in my posts about the start of Bull Run; Nifty has breached all the barriers to conclude the Start of Bull Market. Currently Nifty is at crucial juncture. After forming a Doji Star on Weekly Chart last week, Nifty tested 8645 and started declining today. Nifty has strong Resistance near 8655 and there is Negative Divergence on RSI. All of these are indications of a possible Decline in Nifty in near term future.

For detailed Analysis & Chart you may like to follow below link

http://trend-o-nomics.blogspot.in/2016/07/nifty-ew-analysis.html

Thanks & Regards,

Harsh Dixit.

Tuesday, July 26, 2016

Nifty Outlook and Trading Strategy for July 2016 Expiry



Read complete analysis report with trading strategy at http://sweeglu.com/nifty-likely-to-be-bullish-or-hold-above-8476-till-july-2016-expiry/

Saturday, July 23, 2016

WD Gann Trading Rules

WD Gann Trading Rules
W Gann Trading Rules
WD Gann Trading Rules
Here are the 28 rock solid WD Gann Trading Rules and I have expanded them explaining them in detail and also tried to relate them with today’s markets. W Gann laid very fundamental strong set of rules for trading in any markets. Though these rules were written in 1930s and the markets were much different and those time, however these rules are still valid and applicable and traders who can follow these rules may ensure a successful trading career.
Many legendry traders follow WD Gann Trading Rules and Gann Trading Techniques in today’s markets and have achieved success and so can other traders. Also, please ensure you read the last para as that will be very crucial to follow these rules and set them in your sub conscious mind gradually.

  1. Capital sub division. Divide your trading capital in 10 equal parts and never risk more than one- tenth of your capital on any one trade. Trading Capital means trading capital and William Gann was trying to say that you must still have ensured your financial security before coming to the financial markets by keeping a major fund safe for future needs. So if your net worth is USD 100,000, then you must have secured 90% for your future and used 10% as trading capital and hence only USD 1,000 which is 1% of the total net worth should be used for each trade.
  2. Use Stops. Always protect yourself by limiting your loss and deciding at which price levels your analysis will go wrong.
  3. Never over-trade as this shall not respect the rule number one of capital subdivision in to small trades. The first rule should be seen in respect to the frequency of your trading. In case your frequency is higher than you need to adjust the stop amount as well. And also note that fast decisions are usually wrong decisions. I myself think of a trade many months, weeks and days in advance and only trade it if all the conditions are satisfactory and all the Gann analysis principles are fulfilled
  4. Never let a profit run into loss, after your position is in profit raise your stop, so that you will have no loss on the capital. This rule has an expectation that I follow, I use swing lows or highs for setting my stops, which means loss is allowed in the cases where the stop has not been revised above or below my entry level (as the case may be applicable). View the full article I wrote on Stop Revision Method
  5. Do not trade if you are in doubt, never buy or sell if you are not sure of the trend according to your charts and checklist. W. D. Gann meant here that try to enter in those trades which have confirmed your filtration criteria or the trades that have high probability of going into your favor.
  6. When in doubt get out, and stay away when in doubt, capital safety is primary, enjoy the time in other activities, write a poem, watch cartoon, phone a friend and let the market reach the point of conformity or trade in some other familiar market.
Click here to read all the WD Gann Trading Rules