this is how projected curve of nifty traced actual nifty one year in advance. These calculated based on gann time and price interaction making octave of sarigamapadanisa

Greetings traders, this post deals with in-depth NIFTY Technical analysis for the week 16-JAN '17 following our monthly analysis, NIFTY CLEAR_CUT ANALYSIS The analyzed chart clearly states that there are three probable scenarios at this juncture. Lets understand the weightages given to each scenario in detail, NIFTY Technical analysis - Scenario 1  Simply put, this is the less probable scenario in the analysis because as we analyze the lower degree time frame, say H4 - all we can find is the chance where X2 might not be completed and this implies that there is a final leg impending! to complete wave X2 as a retracement to wave Y (in primary degree). Hence, it is highly unlikely that wave Z (in primary degree) will be unfolding as an immediate down trend or in other words, the below chart has less chance to be a double three correction. NIFTY Technical analysis - Scenario 2 The lower degree (intermediate) chart shows that  wave Y has topped & there is a retracement imminent & after completion it might pave a way for final leg (wave Z as a triple three) in the intermediate degree - in daily time frames! and this final phase of correction has low chance of reversing from the resistance area below .786- as in fig1. NIFTY Technical analysis - Scenario 3 The analysis in intermediate degree is same here as that of scenario 2  - We are expecting a final wave of correction (Z, in the same degree) but the calculated target is in .786 R area of Y wave in Primary degree (REF fig 1). SUMMARY The short term trend is bearish, irrespective of it being an double/triple three in the intermediate degree. watch out for the holding of these levels - 8300~8220/8200. If the  market seems to have a rigid support at this areas then scenario 3 is the high probable outcome! However, the important change to note is that the X2 might not completed yet & we are expecting a breach of .786 levels. We will follow up this analysis in this forum - stay up to date with us! ------------------------------------------------------------------------------------------------------- FOOTNOTE: If you haven't signed up for your Brains' forum yet, we request you to go ahead & sign up. it only takes few seconds. Benefits of signing up, You will be notified of future analysis & trends, stay in sync & upto date with markets & with us. Privilege to create posts & a follower base. Ability to comment on others posts / pages. Request any feature that you would like to see in future. You can even enable web notifications for real-time information on comments, fan following & others posts whom you follow. Consider signing up-as it comes with lot of perks!!! Thanks in Advance ------------------------------------------------------------------------------------------------------- Sharing is caring, Right? if you really like this free analysis, do support us by sharing it in your social networks. Feel free to share your thoughts & queries in your comments, below! HAPPY TRADING

Greeting traders, Great News all - We will release weekly updates for NIFTY starting from this week! - Don't forget to bookmark & signup for brains' Forum. This analysis is a weekly update & it deals with the daily time frame If you are new this weekly analysis section, We recommend you to refer to our post, NIFTY CLEAR CUT ELLIOTT WAVE ANALYSIS . The above mentioned post gives enormous amount of information & gives a better understanding of what is happening in NIFTY. (Video presentation is attached to the analysis). NIFTY WEEKLY UPDATE -ELLIOTT WAVE ANALYSIS As you can see in the Chart, the 50% R has been tested & moreover the same is clustered by a set of moving averages (EMA) - 50 & 100 periods. Finally , for the sake of confirmation - all we can get here is the trend line's angular resistance - note the arrow & that is where the resistance is max - the coincidence spot. The wave Structure of X2 The wave X1 is so simple & gets completed after testing 50% R but the X2 could be complex & it has surpassed 50% R. Moreover the X2 has been expanding internally in H4 degrees (we don't want to mess this work place with many charts but that's for sure). MOST IMPORTANTLY THE INTERNAL COUNTS REVEAL THAT THIS PHASE OF CORRECTION IS COMPLETE! Watch out for the Breach of 7315 Levels. Conservative traders can take their positions now! TAKE Positions Accordingly. The RISK& REWARD remains the same! To understand the risk, reward & direction of the asset, please refer to this blog post - NIFTY JAN UPDATE Daily analysis ------------------------------------------------------------------------------------------------------- FOOTNOTE: If you haven't signed up for your Brains' forum yet, we request you to go ahead & sign up. it only takes few seconds. Benefits of signing up, You will be notified of future analysis & trends, stay in sync & upto date with markets & with us. Privilege to create posts & a follower base. Ability to comment on others posts / pages. Request any feature that you would like to see in future. You can even enable web notifications for real-time information on comments, fan following & others posts whom you follow. Consider signing up-as it comes with lot of perks!!! Thanks in Advance ------------------------------------------------------------------------------------------------------- Sharing is caring, Right? if you really like this free analysis, do support us by sharing it in your social networks. Feel free to share your thoughts & queries in your comments, below! HAPPY TRADING