Wishing Dear Readers a very very happy and prosperous and profitable new Year.
Regular Post will start publishing from Saturday. Traders’ Resolutions for New Year-2016
2015 year started with a Bang with Nifty clocking a gain of 6.35% in Jan Month but as per Gann Yearly cycle we made a High of 9119 04-March-2015 which was the Top of market when RBI gave the surprise rate cut and came down till 7539 08-Sep-2015 and closing the year with a loss of 3%. We can consider 2015 as year of consolidation after Nifty made heft gains off 28%i 2014 riding the MODI wave. Quarterly and Yearly chart of Nifty are shown below.
Yearly Chart
Yearly chart have formed an Spinning Top candlestick
A Spinning Top indicates a strong fight going on between the bears and the bulls. The bulls are giving it their all, as are the bears. Nobody has won the fight yet, so the candle closes near to its open price.Open of Nifty was 8273 and Close was 7947.
If a Spinning Top appears during a bullish trend it suggests that the bulls could be losing control, and the trend could be ending. This is because until the spinning top formed the bulls had a very strong bullish trend. The spinning top suggests to traders that the bears are fighting back and the bulls are struggling to continue the bullish trend.
Next Year will be very important Year as we will be completing the 8 year cycle and will also see if Spinning top will show effect.
Quarterly Chart
Quarterly chart have formed an DOJI and Inside Bar candlestick suggesting next quarter we should see good trending move in market, Breakout above 8336 and Breakdown below 7551 for a move of 500+ points.
Monthly Chart with Supply and Demand Zone
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Wish you and your family a very happy and prosperous new year.
Happy new year Brahmesh
Wish u happy new year sirji….
urs posts r so inspirational n motivating keep it up
thanks for such a guideline
Dear All,
Thanks a lot for your New Year Wishes. I reciprocate the same and i hope every one will have a the best of their time in 2016 going forward.
Rgds,
Bramesh
wish you happy new year sirji
Happy New Year
happy new year
Happy New Year 2016. May the new year bring you and all of us who follow you great trading opportunities and chances to exploit them… Thank you for all your hard work in putting it all together for us…
Wish a happy new year, brahmeshji I read one article about in hedging technique. In that author has mentioned example of USDEUR and USDGBP transactions. He explained hedging technique by selling one and buying the other.
Does it works in Indian market too, if so please explain.
Will work on it and publish a post if it works in indian market.
Rgds,
Bramesh
Its a New Year!
Its like a new Sunrise…..
of Hope, of Prosperity, of Happiness.
Its like a new Beginning……
of Thoughts, of Words, of Actions.
Its like a new Day…….
of Energy, of Strength, of Ideas.
Its like a bunch of whole new things…….
of prayers, of friends, and of Love.
BRAMESHJI WE R PROUD OF U
By the grace of Almighty
May this new year
be filled with golden opportunities
and
fruitful endeavors,
leading all of us to a prosperous
and
successful life.
HAPPY NEW YEAR 2016
Happy New Year Sir !! Thanks for sharing your wisdom with us. Let all the odds and probabilities be in your favour this year.
Happy new year sirji
Very..Very Happy New Year to all of your viewers and to you And Your Family Members…
For one week Brahmeshji took leave..and it seemed ages…that is the greatness of this market guru. Wish you and your family and all your trader friends an year filled with abundant happiness , health and wealth with all the three indices raising to NEW HIGHS.
Happy new year to all sir
Wish you a very happy new year
happy new year.. You are great help to trader.. Wish everyone sucessful trading year..
Happy new year sirji and thanks for ur support and guidance as always
Happy new year , god bless