NIFTY IT Neo Wave Analysis : Make or Break !!!!!

Dear All,
                                             
                                                  NIFTY IT facing huge resistance @ Higher levels

Imp: This Update is Strictly for Educational Use Only 

M :9873511276 

Thanks & Regards

Abhay Mehrotra

Gartley In Reliance !!!!!!!!!!

Dear All,
                           
                                                      We might have formed Gartley Pattern In Reliance

See How Fibo Ratio Have worked 

Pattern Will be invalidated If 

Imp: This update is for educational Purpose Only 

M :9873511276 

Thanks & Regards

Abhay Mehrotra 

Why Trader's Loose Money !!!!!!!

Dear All,

Almost 95% of traders loose money in Market.

Reason are plenty ..........but we discuss few of them

If have answers to following question then only you making succesfully in trading else you are loosing money .


1.Why Trading ......... Have you ever asked yourself why you want to trade ??

2. Your Style of Trading .... Positional / Swing / Intra day ??

3.What's your Edge in Trading ???

4.How much time you devote In studying Markets ??

5.Have you define which markets will you trade ???

6.On what basis you decide to enter into a trade ???

7.Exit criteria ??

8. Money Management rules ??

9. Position sizing ???

10. Are you having a Written Trading Plan ??

Trading is Business nothing else .............if your expenses are high (losses) then you will not earn profit in a business ......same apply to Trading also

Most people thing that only way of making money in trading is to have 10 out 10 or 10 out of 8 trades to be successful ............it is absolutely wrong

let me give you example ..

let say i put 10 trades with 40% accuracy

Winning trades 4 with an average profit of 6 rupees per trade ---4*6=24

Loosing trades 6 with average loss of 1 ruppes each 6*1=6

Profit in 4 trades =24

loss in 6 trades = 6

Net Profit =18 rupees


so see even if your accuracy rate is only 40% you still make good money ......so if any body claiming 90% and 99% accuracy he is fooling you this is blunt truth that most people dont understand

If you follow this mantra only you will make money " cut your loss fast and let your profit run"

very easy to say but very difficult to follow .

Most Advisory people claim 90%---99% accuracy ...........use your common sense if any body has this kind of winning ratio he will become multi millionare in very short time and why he will sell his advice .

"Trading is all about Probablities never certainity "

People sell magic software , claims giving operators tips ............and catch greed of innocent traders

"Consistent money always comes from hard work "


Hope you find this post useful !!!!!

Thanks & Regards
Abhay Mehrotra

Nifty Neo Wave Analysis : Time & Price Analysis !!!!!!!!!!!!

Dear All,
                               On 14 Dec Given Update On Nifty and Told that as time & price have combine
we expect sharp move up kindly read http://www.abhaymehrotra.com/2015/12/nifty-elliot-wave-gann-analysis-levels.html


                                                                              Price Analysis 

                                                          Below are  the charts posted on that day

Tgt on Upside were 

What Happened After Our Update , Nifty zoomed and Did Both Tgt 

If Nifty Break & Close Above 7947 For two Days 

then Only we can see these levels 

Time Analysis 

Told in last Post that Gann Time Cycle are operative between 12 Dec --24 Dec (+-3) days 

24 Dec + 3 Trading session were 28,29,30 Dec 

Today is 30 Dec 

Min Time & Price Condition meet 

Now Time will not Support Nifty & Price need to work alone 

When time & Price Combine Changes Happnes  ............W.D.Gann

Imp : This update is Strictly for Educational Purpose Only

M :9873511276 

Nifty Neo Wave Analysis : Levels Bang On !!!!!!!

Dear All,
                            On 14 Dec Given Following update on Nifty http://www.abhaymehrotra.com/2015/12/nifty-elliot-wave-gann-analysis-levels.html

                                                             Below are the chart posted on that day

Tgt Were 

What Nifty Did After Our Update Zoomed Up 270 Points so Far 

From 7650 to 7937 

Time Analysis 

Gann Time cycles are Operative btween 12 Dec --24 Dec +- 3 Days

24 +3 Trading seeions ar 28, 29 , 30 

Min Time & Price Condition Have Been Meet 

When Time & Price Combine changes Happens ........W.D. Gann

Imp: This update is strictly For Educational Purpose Only

M :9873511276 

Thanks & Regards

Abhay Mehrotra 

Natural Gas Neo Wave Analysis : Resistance @ Higher levels ???? Stay Cautious !!!!!!

Dear All,
                                               
                                                    Natural Gas Can Find Resistance @ higher levels

Imp : This Update is Strictly For Educational Purpose 

M :9873511276 

Thanks & Regards

Abhay Mehrotra

Bank Nifty Gartley Pattern Bang On Target , Zoomed Up 700 Points !!!!!!!!

Dear All,
                                  On 15 Dec given update that we spotted Gartley Pattern On Bank Nifty

           kindly read http://www.abhaymehrotra.com/2015/12/bank-nifty-make-or-break.html

                                                          Below is the chart we posted on that day

What Happend After Our Update 

Bank Nifty shoot up from 16200 to 16946

Imp : This Update is For Educational Purpose Only 

M: 9873511276 

Thanks & Regards

Abhay Mehrotra