Nifty: Calculation through Time

Nifty has completed first section and is now heading towards its second. It is always easy to remember like this to avoid confusion. As we are aware that there are only 3 section, a possibility of 4th will either make a double top or any other formation which will help us to initiate fresh position.

We have used Square of 9 technique which is a master calculator in identifying the change in trend, its swing and change of date. We have shown this in the chart where we have come to the conclusion that Nifty can rally further till 1st Of August 2013. Also we have used speed angles to justify our self that how much price can move higher with the help of this angle.

As mentioned above after completing section 1, the index is moving in section 2 which proves that it has ample of space to rally further. Second most important thing is we have calculated Price with time again a very important indicator to foresee the change in trend. This was only possible with the help of Gann analysis as we went in the past and saw that prices has favored certain degree of angle and has maintained is accuracy over the time. With his angle we came to know that Nifty will rally further till August 1st and then the rally will exhaust.

We have also used speed angles, a very simple yet effective. To get the desired result from these angles all you have to do is place it at right spot and at right time. Also with the help of Square of 9 technique, the index will change its trend from ….. which coincidentally matches with ……


Popular posts from this blog

Nifty in Ending Diagonal Pattern?

GOLD and Elliott Wave Counts

Gold Anticipated Happned