Tuesday, October 23, 2012
Wednesday, October 17, 2012
1st July 2010 explaining Gann's Square of 9 and one day up one day down moves at that time. Now, from October 8 on wards one day up one day down move is going on in Nifty. This character is of 3rd level in Gann's table. If it is continuing as shown in the picture a fast down move may start from 25th October, 2012 as 24th is a holiday on account of Dasera festival. Let us watch how it develops.
Saturday, October 6, 2012
After the FREAK FRIDAY on 20th April, 2012 Nifty futures touched the low of that day ie. 5000 on 7th May 2012 and further moved down to 4770 on 4th June 2012. It may be noted that that freak trade was occurred just before alignment of Sun and planets in the proximity of Rahu-Ketu (refer May 2012 Grahanila post). Now also the freak trade ocurred before such an alignment in November 2012 (refer June 2012 Grahanila post) and it seems yesterdays low may be an indication of Nifty's target in coming months. It may also be noted that during the period 2005 - 2008 Nifty had many lower circuit breaks and after 2009 upper circuit break (UPA's election victory) there wasn't any till yesterday (Even though NSE approves the day's low of 4888, it does not concede that lower circuit was hit. Reasoning for that is only known to them). So anticipate a lower circuit break within two months. Don't panic, be ready to face it.