Sunday, August 31, 2008

Ganesh Yanthra and Gann’s 360 degree analysis


While posting the Ganesh Yantra earlier and pointing out the relation it has with Elliott’s Wave Theory, Nandi was not aware of Gann’s 360 degree analysis. Elliott’s reference of pyramids was just given as a passing reference. Recently, it was revealed to Nandi that Ganesh Yanthra is having pyramids in it. Ganesh Yanthra is a three dimensional object and what you see is the view from the top. The two triangular based pyramids and two square based pyramids with its tip at the central point can be imagined without much difficulty. What fascinated Nandi was the central Shakthi triangle (triangle in which two sides emerge from the bottom point) based pyramid, where he could see the representation of entire Shiva family. The three corners of base triangle represent Shiv, Parvathi and Ganesh (bottom corner) and the top of the pyramid represents Shanmugha. See how nicely it matches with Palani hills and the fact that lord Shanmugha has chosen Peacock as his vehicle. As Ganesh is also having the name “Shivaroopa” and Astadalapadma ( Eight petal lotus) represents Shiva, Ganesh Yantra is also related to Lord Shiva.

In Gann’s theory, multiples of angles of 30 degrees and 45 degrees are used for calculations. In Ganesh Yanthra, on moving anticlockwise from the bottom, we see multiples of angles of 45 degrees (tip of each petal) and 60 degrees (corners of intersected triangles). The additional angles in Gann are 30 x 1, 30 x 5, 30 x 7, 30 x 11 all of which are in 15 degrees or less from an angle derived as stated above. Some other aspects like vibration as stated by Gann are yet to be understood. Let us hope it will also be revealed.

Friday, August 29, 2008

Awaited up move from Friday ?

Dow Jones up around 200 points at 12.00 midnight on 28-8-08 and inflation figures released today is marginally lower than last week. Further 29-8-08 is a Friday after the settlement of F&O positions. All these factors are favorable for a smart up move for Nifty.

Sunday, August 24, 2008

Blog Camp held in house boat, Alappuzha on 16th August, 2008

BlogCampKerala held in the air conditioned first floor of the double decker house boat of Kerala Tourism Development Corporation at Punnamada Kayal, Alappuzha on 16th August, 2008 was a memorable event. It brought back the sweet memory of such a voyage in Mandovi River, Goa more than a decade back. Mandovi River voyage was in the night and this was in broad day light. We the attendees of the camp entered the boat at 10. 30 a.m. and around 11.00 a.m. the boat started moving through the Nehru Trophy Boat Race area and moved to Nedumudi and later to Champakkulam. On enquiry it was gathered that there are at least 350 house boats at Alappuzha and 30 more are added each year. The water front was unimaginable until Nandi saw it. It is similar to a well planned 250 feet road network in a major city with crossings at important places. Nandi could read the boards displaying the distances to Kottayam, Champakkulam etc placed in the cross sections of the water path. Both sides of the canal were beautifully filled with paddy fields below the water level, coconut trees, green bushes, houses, churches and large water areas that was marvelous to look at. On the way to Champakkulam food which was prepared in the house boat itself was served and it was very tasty.

Blog Camp was attended by around 100 participants from out of 175 registered. The participants having the age of fingers of one hand multiplied by fingers of both hands (5 x 10) was less than fingers of one hand. Most of the participants belonged to the age group of 20 – 35 and majority from the IT sector. Mr. Kenney Jacob was the brain behind the BlogCamp Kerala initiative. Mr. Kenney has been instrumental in the overall organization of the unconfrence. He deserves all credit for actually making this camp a success. More details can be collected from www.blogcampkerala.com

Other than Shri Chandrasekharan Nair known as Kerala Farmer in blogworld & Shri Vellayani Vijayan whom Nandi met in the Jana Satabdhi train from Trivandrum to Alappuzha , a few more names is to be mentioned. Shri Sajjiv Balakrishnan the fat cartoonist was the most active in the group and visit him at http://keralahahaha.blogspot.com/. He made caricatures of almost all participants of the blogcamp and handed it to the persons then and there. He took just one minute to draw a caricature and was very patient to entertain all the participants who sat before him. It was really an incredible feast. Shri. Sujith, the media man covered the event by words and photos. He showed interest in the theme Nandi blogs on. The next one is none other than “Meri Awaz Suno” fame Shri Pradeep Somasundaran who demonstrated the immense possibilities of music recording, editing and giving special effects. His audio blog www.pradipsomasundaran.com/musicblog.htm is a must visit for music lovers. Film songs in Hindi, Tamil, Malayalam and Telugu and songs in English, Japanese sung by this famous play back singer can be heard through his blog. The BlogCamp high lights also can be seen here. Nandi was interested in the conversion of music in to figures and the play back singer told that there exists costly software that show frequencies of music while playing the song. Some day Nandi may get an opportunity to see it in action.

Back to market: Nandi’s expectation of Nifty’s move to Gandharam (4762) / Anthara Gandharam level (4961) is yet to be materialized. Nifty stayed in Rishabham band width and is expected to be there up to 28th August, 2008.

Monday, August 18, 2008

Computer system failure

From 16th August onwards Nandi's computer system had trouble in booting. Hence unable to update the figures and upload new postings. Today C partition has been formated and OS installed afresh. But some important settings and files has been missing/lost. It may take a few days to recreate some of the essential files and create settings required. Some postings including the details of Blog Camp Kerala held on 16th August 2008 in the House Boat (owned by Kerala Tourism Development Corporation) floating on the waves of Punnamad Lake, Alappuzha is pending. Nandi will post it in due course.

By going through the Niftly closing point, Agni level, and the %k values of slow stochastic chart, Nandi feels that buying opportunity may emerge on 19th or 20th August.

Sunday, August 10, 2008

Gann’s 360 degree analysis & Carnatic music scales.

William Delbert Gann, usually referred to as W.D. Gann, attained legendary status as a market operator, and pioneer of market psychology and technical analysis on Wall Street between 1900 and 1956. W.D. Gann used geometric angles that are based on the geometry of the circle. 360 degrees. Look at the Gann chart posted on 4h August. Going through the dates in chronological order you will be circling the central point on 16th July, 2008, and moving through angles 45 degrees, 90 degrees, 135 degrees, 180 degrees etc. Starting from 17th and moving through 18th, 19th,….and reaching 24th July, you have completed 360 degrees. Moving further from 25th you are making the next circle. For getting the full Gann’s Square of Nine please go to http://www.xmlworks.com/gann/ , click on the link “create Gann square”, fill the start number with “ 1”, start date with “ 7/16/8”, levels with “9” and click “ create square”. Gann stated that the Square of Nine is unique because unlike every other method of technical analysis, the Square of Nine is totally indifferent to whether the input variable is a price, a range of prices, or a number of trading days or calendar days. They are all the same and completely interchangeable.

Here, Nandi finds a wonderful correlation between Gann’s angle values and the scales of Carnatic music. Six of the Gann’s second circle values are same as that of carnatic music scale values. Figures are given below

GANN 360 DEGREE ANALYSIS

CARNATIC MUSIC SCALES


Second Circle

Value

Frequncy

Frequncy ÷ 256

Frequncy X 15.5

1 + 0°

1

1.00000

Shadjam

256

1.000

3968

1 + 30°

1 1/12

1.08333

Sudha Rishabham

273

1.066

4232

1 + 45°

1 1/8

1.12500

Chathusruti Rishabham

288

1.125

4464

1 + 60°

1 1/6

1.16667

Gandharam

307

1.199

4759

1 + 90°

1 1/4

1.25000

Anthara Gandharam

320

1.250

4960

1 + 120°

1 1/3

1.33333

Shudha Madhyamam

341

1.332

5286

1 + 135°

1 3/8

1.37500

1 + 150°

1 5/12

1.41667

Prati Madhyamam

364

1.422

5642

1 + 180°

1 1/2

1.50000

Panchamam

384

1.500

5952

1 + 210°

1 7/12

1.58333

1 + 225°

1 5/8

1.62500

Sudha Daivatham

410

1.602

6355

1 + 240°

1 2/3

1.66667

Chath: Daivatham

432

1.688

6696

1 + 270°

1 3/4

1.75000

1 + 300°

1 5/6

1.83333

Kaisiki Nishadham

461

1.801

7146

1 + 315°

1 7/8

1.87500

Kakali Nishadham

480

1.875

7440

1 + 330°

1 11/12

1.91667

1 + 360°

2

2.00000

Shadjam

512

2.000

7936

Even though in between there are differences, there is no difficulty in finding the exact angles corresponding to the values of carnatic music. As Gann’s predictions are proven in the market beyond doubt, Nandi feels that there won’t be any doubt regarding the applicability of carnatic music also in the market movements. Further, W. D. Gann claimed: "After years of patient study I have proven to my entire satisfaction, as well as demonstrated to others, that vibration explains every possible phase and condition of the market." It is a fact that for every vibration there would be frequencies associated with it and the music thrives on the frequencies of sound. All the Nifty points in carnatic music scales Nandi had given can be arrived at by multiplying the frequencies with 15 ½ ie. starting from 15th Circle 180 degrees as per Gann’s theory.

Last week Nifty just touched the boundary of Gandharam (4614) and returned. Nandi feels that this week Nifty may move to Gandharam (4762) or even Anthara Gandharam level (4961)

Monday, August 4, 2008

Gann date chart - reposting

It has been found that in some browsers yellow and red color only appeared in Gann date chart posted yesterday and unable to assimilate the design in it. Hence it is posted again. Please note that the dates on which blue color is given is expected to be an up day for the market.

15-Aug-08

16-Aug-08

17-Aug-08

18-Aug-08

19-Aug-08

20-Aug-08

21-Aug-08

14-Aug-08

28-Jul-08

29-Jul-08

30-Jul-08

31-Jul-08

01-Aug-08

22-Aug-08

13-Aug-08

27-Jul-08

18-Jul-08

19-Jul-08

20-Jul-08

02-Aug-08

23-Aug-08

12-Aug-08

26-Jul-08

17-Jul-08

16-Jul-08

21-Jul-08

03-Aug-08

24-Aug-08

11-Aug-08

25-Jul-08

24-Jul-08

23-Jul-08

22-Jul-08

04-Aug-08

25-Aug-08

10-Aug-08

09-Aug-08

08-Aug-08

07-Aug-08

06-Aug-08

05-Aug-08

26-Aug-08

02-Sep-08

01-Sep-08

31-Aug-08

30-Aug-08

29-Aug-08

28-Aug-08

27-Aug-08

Saturday, August 2, 2008

Last Surya grahana bad for US and good for India?

The last Surya grahana (Solar eclipse) day ie. Friday the 1st August 2008 had different effects to US and to Indian markets. Accepting cues from US/Asian markets Nify also went down to Sudha Rishabham level of 4235 (from the previous day close of 4333), steadily gained strength, went up to 4423 and finally closed at 4414. As in the waves of the ocean, markets will also have strong waves on Pournami (full moon) and Amavasi (no moon) days especially on Solar/Lunar eclipse days. On eclipse days Soma (Moon), Surya (Sun) and Bhumi (Earth) comes in a straight line that imparts maximum powers to the waves (ocean and market). But the direction of the waves will be unknown. For that some other factors are also to be taken in to consideration. Nandi had earlier observed that on Fridays coming after the settlement of F&O positions (definitely a Thursday), Nifty generally closed with gains (a few exception like last month is there). Further, it was an up day in the Gann date chart Nandi had drawn based on the day when he felt the “Om” wave ie. 16th July, 2008 which is given below.

15-Aug-08

16-Aug-08

17-Aug-08

18-Aug-08

19-Aug-08

20-Aug-08

21-Aug-08

14-Aug-08

28-Jul-08

29-Jul-08

30-Jul-08

31-Jul-08

01-Aug-08

22-Aug-08

13-Aug-08

27-Jul-08

18-Jul-08

19-Jul-08

20-Jul-08

02-Aug-08

23-Aug-08

12-Aug-08

26-Jul-08

17-Jul-08

16-Jul-08

21-Jul-08

03-Aug-08

24-Aug-08

11-Aug-08

25-Jul-08

24-Jul-08

23-Jul-08

22-Jul-08

04-Aug-08

25-Aug-08

10-Aug-08

09-Aug-08

08-Aug-08

07-Aug-08

06-Aug-08

05-Aug-08

26-Aug-08

02-Sep-08

01-Sep-08

31-Aug-08

30-Aug-08

29-Aug-08

28-Aug-08

27-Aug-08

Now you also know why Nandi expected a bull move on 1st August, 2008, and what happened thereafter. Off course Nandi also believes that the grace of Lord Shiva will be with him to fulfill his expectations.