GOLD (chart attached)
International Gold has turn in to golden death
trading strategy for medium term trader keep stop loss of 1680 on weekly closing basis for short position
Gold Elliott Wave Prospective -Primary Degree wave over at 29500? setting Correction Of Super Cycle Degree Wave 2?
April 10, 2012 By Leave a Comment
Two Charts Attached
Gold-Elliott Waves
Gold Averages-Moving Average Set up
Lets See First Elliott Waves Prospective
Primary Degree wave since 2004
wave 3rd was Normal wave because it end at 0.618% extension
so the 5th wave extended and vary close to 3.618% which is at 29500
wave 2 and wave 4 both corrected 50%
price is exactly respecting Fibonacci Levels
Lets See Moving Average Set Up
from 2005 three moving average has given Golden Cross Over which are 34-144-233 days
i have shown in the box when it has given buy signal and once it has consolidated in 2007 and started bull market
so as long as this set up is holding one can expect consolidation or up trend continue
but if this trend turns negative after 7 years then we have to believe that primary degree over and super cycle degree wave 1 top made and correction is set for super cycle degree wave 2
so as long as moving average is holding firm bulls enjoy bull trend but first signal to start of bear market will be when short term(34 days)-Intermediate(144 days)-long term(233 days) average turn in to Golden death and this will indicate bear market start -primary degree and super cycle degree 1 over and correction may happen till 20300-17500-14700 or may be even dip
it is batter we don't try to find out the bottom of super cycle degree wave 2 at this point of time
Note-one should not expect that gold has made top and will see big correction and moving average bull market set up dosent turn in to bear market set up we have to believe bull market is continue
Gold-Elliott Waves
.jpeg)
Gold Averages-Moving Average Set up
.jpeg)
Thanks And Regards
Nishesh Jani
Professional Trader & Investor
INDIA”S current account deficit to GDP at historical high
January 2, 2012 By Leave a Comment
INDIA"S current account deficit to GDP at historical high
RBI released quarter ended CAD at 3.6% of GDP which is at all time high form last 3 decade means from 1980 to 2011 this is the highest ever number.
i am not an economist and will try to find out the reasons behind it but this is only reference study for my technical projection of Indian stock market.
earlier i have also presented head and shoulder on weekly chart and symmetrical triangle on weekly chart with down side target of 12000 and 10600,with this chart i have again presented the same chart for your reference.
with this chart i have also put chart of sensex from 1983 to 2011 which is yearly chart,which shows what happen when sensex break previous year low and sets big correction.
in the year 1987 after breaking previous year low sensex lost 19%
in 1995 after breaking previous year low sensex lost 20%
in 2001 after breaking previous year low sensex lost 25%
in 2008 after breaking previous year low sensex lost 38%
now in 2011 also break previous year low think how much it will loose?
every time sensex has lost more then previous lost,even if we expect 40% then from low of 15652-40%=9392 is the target ,again this is well below the head and shoulder target of 10600
again this level fit with previous analysis of wave C and super cycle degree wave 2
.jpeg)
.jpeg)
.jpeg)
SILVER-free fall target $18-$16
December 29, 2011 By Leave a Comment
SILVER-free fall
weekly chart lower top and lower bottom formation
point and figure chart double bottom breakout
rounding top formation on weekly chart-3 consecutive+weekly close below 26
free fall target $18-$16
my clients already sold on mcx below 52200
.jpg)
TOTAL PROFIT 247853 in stock fu-nifty –bank nifty-option
December 23, 2011 By Leave a Comment
OVERALL PERFOMACE REPORT (success ratio 77%)
46240 profit book in 3i info sell at 18.40 book at 12.80
12313 profit book in bajaj hind sell at 27.40 book at 24.8
35000 profit book in bgr sell at 257 book at 187
9000 profit book in Crompton sell at 123 book at 114
15600 profit book in fsl sell at 7.9 book at 6.6
12000 profit book in ivrcl sell at 33.1 book at 30.10
26500 profit book in jet air sell at 235 book at 182
10500 profit book in ktk bank sell at 75 book at 69.75
20800 profit book in litl sell at 11.9 book at 9.30
16000 profit book in mtnl sell at 26 book at 24
20000 profit book in rel infra sell at 401 book at 361
16000 profit book in sci sell at 60 book at 52
18000 profit book in voltas sell at 88 book at 79
1600 loss book in gvkpil sell at 10.5 book at 10.7
4000 loss book in aurbindo sell at 89 book at 91
18500 loss book in bata buy at 650 book at 613
22000 loss book in arvind buy at 87.5 book at 82
NIFTY AND BANK NIFTY (success ratio 50%)
11000 profit book in nifty sell at 4850 book at 4630
1950 loss book in nifty sell at 4611 book at 4650
20000 profit book in bank nifty sell at 8780 book at 7980
5700 loss book in bank nifty sell at 7980 book at 8700
CALL AND PUT OPTION (success ratio 67%)
950 profit book in nifty 4600 put buy at 45 book at 64
500 loss book in nifty 4600 put buy at 60 book at 50
12200 profit book in bank nifty 8600 put buy at 140 book at 628
No profit no loss in reliance 740 put exits
TOTAL PROFIT 247853 in stock fu-nifty –bank nifty-option
My clients are not having any position and going on vacation
I don’t care where the market will go, I follow only trend and trade in the market, if u can understand the Mr. Market then all Is yours
To check last moth performance where we were long in all position and earn money below is the link
http://www.janibrothers.in/category/sensex-nifty/page/2/
. Never ever follow Fundamentals of Indian Companies (90% or more are Manipulative only)
Market moves…On basis of FII’s wish!
Never ever follow Economy Data (All made by Economists and 100% not reliable)
-We say, don’t follow us…No worry @ all. But avoid Blue Channels during trading hrs.Avoid surfing websites, blogs.
Do your own research and Trade.
Do whatever u wants to do ….Equation will remain same: 90% will lose money, 5% will be in range of No Profit No loss and only 5% Traders will earn! Do any Tantra ,Mantra ,Yantra …Puja ,Fasting anything. Nothing will work…because 90% or More Promoters, Management Trade in stock market .Everybody is involved from Channels to Pink Papers.
CUSTOMER CARE
CALL-09227065762
spend just 10-15 minutes daily to earn money
