WD Gann Analysis on Australian Equity Index and Nifty for coming month

WD Gann Analysis on Australian Equity Index and Nifty for coming month

  • By: Admin
  • 2022-12-19
WD Gann Analysis on Australian Equity Index and Nifty for coming month

Australian Markets: As per my WD Gann Analysis and Study of Time Cycles, Australian All ordinaries Index (XAO) is going to fall till at least 17 April 2017. To complete the fall of 10% the time might extend till June 2017. My Time Cycles indicate the intensity of fall is going to be severe and the index might fall 5- 15%. I would say it will very easily fall 550- 600 points. The support zone is 5300 to 5220. Which is 10% below the present high of 5880 of Australian Equity Index.

  • Time Target: Fall will be atleast till 17 April 2017, might extend to June 2017, it 10% fall is not completed by April 2017.
  • Price Target: The recent retracements have been 10% in XAO (All Ordinaries) and one of the recent fall was 20%, so all the ranges cluster around 10% and 50% of 20% is also 10% so good support lies in the range of 5300 to 5220.

I came across this analysis while teaching a WD Gann Analysis Course to one of my Australian Student, the research was in-depth so I am very sure of my analysis. Please refer to the chart as they are just for educational purpose only.

Indian Markets: As per my WD Gann Analysis and Study of Time Cycles, Indian indexes Nifty and Sensex will also fall, however the severity will not like be Australian All Ordinaries Index. Indian Indexes might also bear the brunt of global melt down and could fall till 20 April 2017. Falling from 9210 to 8800, will be only 400 points correction or 4.5% correction as compared to Australian Index as I feel that Indian Nifty should outperform Australian Index.

  • Support: 8792 to 8833 is the support zone for Nifty
  • Time Target: Fall shall continue atleast till 20 April

1 Comment:

  1. such a kind and considerate blog, and the details you offer here are really beneficial to new visitors.

Leave a Reply

Our Related Blog Post


  • 2022-09-09

Avail Best Stock Market Courses in Delhi from Ruchir Gupta Training Academy

Before delving into what the stock market courses have to offer, we will delve a bit into the d

Read More
  • 2022-10-02

Ruchir Gupta Training Academy Taking the Stock Market Training into an Online Mode

We have become the best institute for Online Stock Market Training in Delhi and this has cement

Read More
  • 2022-11-01

Innovative Approach Combined with Amazing Research Catapults Ruchir Gupta Training Academy to the Top

Ruchir Gupta Training Academy has emerged as the best Stock Market Training Institute in Delhi.

Read More
  • 2022-10-10

What is share market and how to invest in India

A share market is a place where stocks are either issued or traded. A share market is similar t

Read More
  • 2022-08-31

How Can I Learn About Stocks?

Stock trading and understanding the stock market is accessible to anyone. There are many ways y

Read More
  • 2022-08-31

Which Book Should I Start With To Learn About The Stock Market?

Humanity was revolutionized by books. Individuals were able to borrow knowledge from others. An

Read More
FAQs

As a prominent Stock Market Trainer, Ruchir Gupta provides training in various stock market tactics through his specialised courses.

How long does it Require to Understand to Trade Online?

It takes at least 6 months to learn swing trading and at least a year to learn intraday trading. So do not be discouraged by the time commitment; this is a talent that will pay you for the rest of your life. There is no such thing as retiring in trading since you may trade from the comfort of your own home even if you are 80 years old.

The approaches of Ruchir Gupta are applicable not just to the stock market but also to the currency (Forex) and commodities markets. His students originate from all over the world, including well-known countries like the United States, Europe, Australia, and Thailand. He is well-versed in a wide range of asset types.

Since joining the Trading World, Ruchir Gupta has seen that no matter how large the trading sector becomes, there is a shortage of learning advice and suitable mentorship assistance. Students buy the course regardless of who they buy it from, and there is no community support as such. With this in mind, he launched the GCD Facebook Group and GCD Telegram Discussion Group, where students can engage and fast learn.

Market timing is the act of shifting investment money into or out of a financial market based on prediction procedures, or exchanging funds between asset classes. If investors can forecast when the market will rise and fall, they can execute trades to profit from that market movement.

Comparable vocabulary" Stocks" is the more broad, generic phrase of the two. It is frequently used to denote a stake in one or more enterprises. In contrast, "shares" have a more specific purpose in common parlance: it frequently refers to ownership of a certain corporation.

Get a Quote