hellrider8083

hellrider8083

DJI has formed three sub-fractal i,ii, i,ii, i,ii since the impulse upwards since the Oct 22 bottom. It should eventually materialize in a wave iii upwards i.e. 3 sub-fractals of iii,iv, iii,iv, iii,iv. In all possibility the recent wave ii is complete in a five wave C downwards. Today's price action at NYSE opening would be crucial.

hellrider8083

Today's price action in NIKKEI shows that the C of Z may further get sub-divided. Hence, 1 and 2 of C seem to be getting over. 3 of C would be fast and big - if it happens. Being bearish here has a better Risk to Reward. Need to watch-out price action today in DowJones, DXY and Yen at the NYSE opening.

hellrider8083

Clearly visible sentimental extreme on Vedanta Limited - followed by a story of demerger (the knight in shining armor). Another great signal is a strong bullish engulfing pattern into the closing today. Long-term wave count: Stupid as these may sound but we have a potential target of 1500 on this stock - may be higher.

hellrider8083

UK100 has a clear 5 wave up from COVID-19 lows. This is either an ABC pattern or a five-wave impulse. In either case, we should anticipate a significant move. Such big moves sometimes come after sentimental extremes or events - which is much awaited. If this transpires, would be led by a commodity-led rally, which would in turn imply a weak dollar, loose...

hellrider8083

AuroPharm is leading this up move in CNX Pharma. Potential target of 1300+ in 1-3 months.

hellrider8083

Nifty Pharma has been consolidating since 9th August 2023 in a complex range-bound correction. It is now reading to head higher in a wave 5 circle. Today's strong move is possibly wave i of 5. Lupin, Aurobindo Pharma, and Glenmark are stronger sub-counters.

hellrider8083

NIKKIE has a case where a long-term impulse started in Nov-12. We are in (4th of) 5th wave of a larger 3rd wave. This is in sync with most global markets that are completing some degree of complex correction. Wave 1: Completed in 2015 SPREADEX:NIKKEI Wave 2: Completed in 2016 Wave 3: Ongoing Wave i: Jan 2018 Wave ii: Apr 2020 Wave iii: Feb 2021 Wave iv:...