Analysis & Reported by DEBABRATA BHATTACHARJEE
Mobile : 9584924019/9883388754
Email Id : imdb1@ymail.com
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CMP : 8328.55 Date: 09.07.2015
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Today I analyze S&P CNX NIFTY using Fractal theory in
the chart no 1. There are two similar
pattern namely pattern 1 & 2. (Larger view of pattern 1 in chart 2 & pattern 2 in chart 3). The
pattern is smaller and is made of points ‘a’, ‘b’, ‘c’ …. ‘z’. The pattern 2 is larger in size and
consists of the points ‘A’, ‘B’, ‘C’….. ‘J’. In the pattern 1, the point ‘k’
was formed at 50% of ‘I’ & ‘j’ range.
In the pattern 2, the point ‘K’ could be formed, if flowed the fractal
theory, is the 50% of ‘I’ & ‘J’ range i.e around 8525. Now focus to the
point ‘p’ in the pattern 1, was formed at 100% of ‘h’ & ‘I’ range. According fractal theory, I expect, in the pattern
2, point ‘P’ should be formed at 100% of ‘H’ & ‘I’ range i.e around 6000 after made points ‘L’, ‘M’, ‘N’ & ‘O’ as similar as
patter 1 like ‘l’, ‘m’, ‘n’ & ‘o’.
Chart 1
Now I focus to the points ‘q’ to ‘y’ in the pattern 1, the point
‘y’ was formed , very sharp and high
angle price movement and with the zigzag movement of points ‘q’ to ‘x’ after created point ‘p’. In the pattern 1, point ‘y’
was formed at 390% of points ‘i’ & ‘p’ range.
Now I focus to points ‘Q’ to ‘Y’ in the pattern 2. According fractal theory, I expect, in the pattern
2, points ‘Q’ to ‘Y’ should be formed as similar as points ‘q’ to ‘y’ of pattern
1, with the zigzag movement of points ‘Q’ to ‘X’. I also expect, in the pattern
2, point ‘Y’ should be formed around 390% of ‘I’ & ‘P’, as similar of
patter 1. Till Now point ‘p’ is not formed in the pattern 2. So some problems for prediction, what level
shall be reach the point ‘Y’ in the pattern 2. I tell above expected point ‘P’ level
around 6000, so I using ration, predict approximately, point ‘Y’ should be formed
around 16200.
Chart 2 ( larger
view of pattern 1)
What well next, we are seeing in the pattern 1, point ‘z’
was formed after formed point ‘i’ to ‘xxv’, we are faced a big crashed in 2008,
that time made low of 2252.75 and lowest close is 2524.2. That is 161.8% range of ‘p’ to ‘y’ of pattern 1.
According fractal theory, the point ‘Z’ of pattern 2 can flow the as similar as
point ‘z’ of pattern 1?
My view, it could be very much possible. The point ‘Z’ of
pattern 2 should be formed as similar as pattern 1. So main point, what level could be formed
point ‘Z’ of pattern 2. I already tell,
point ‘z’ formed range 161.8% of ‘p’ & ‘y’. So I expect, point ‘Z’ of
pattern 2 should be formed as similar as patter 1. Till Now point ‘P’ & ‘Y’
are not formed in the pattern 2. I using
ration, predict approximately, the point ‘Z’ should be formed around 1700.
Chart 3 ( larger
view of pattern 2)
Can this happen? Yes, it can be happen. But everything will
be telling us by time to time.
Index reflects economy of the country, so if may formed
point ‘Z’ of pattern 2, which means, the financial condition of country may
down. So we can face another financial crisis!
Can face great depression! According fractal theory, the price chart of
S&P CNX NIFTY indicates this situation!!!
EXPECTED PRICE MOVEMENT OF PATTERN 2
POINT ‘P’ FORMED
AROUND 6000 (Expected Time November 2015)
POINT ‘Y’ FORMED
AROUND 16200 (APPROX.) (Expected Time December 2016)
POINT ‘Z’ FORMED
AROUND 1700 (APPROX.) (Expected Time December
2019)
