Nifty Spot
Please do not compare the Hourly to the Daily charts. Basically you would be committing a CRIME. Here are my thoughts and these are Personell. How I look at it currently is this. This chart is basically a projection for the next 2 and a half years or so. What I see is that the Market has BOTTOMED OUT for now...... The downside Since Sept IS NOT the start of a BEAR market .The upside in my experience takes 1/3 the Time of any correction in a BULL Market . So if the downturn from sept to dec is 3 months.... Markets will RALLY in January 2025, come down in February.... Make an ATH in MARCH and come down in May. The Market from May onwards WILL RALLY EXTREMELY STRONGLY TO MAKE FURTHER ATH.... this is likely to happen between june to August 2025. For those who have been reading my posts since COVID will know.... that I have been a PERMA BULL since the Lows of 2020. In as much as I had calculated then that the NS would hit 39000...... I am now saying that the STRONGEST PART of the BULL MARKET IS YET TO COME. Way back in 2020 I think I had calculated the CUP n HANDLE on the SnP 500 and projected 6043 as the target for the CnH .... we got there. You can go to my posts from 2020 and figure out since what I have been saying.
The Above is the LARGER picture. However in the SUPER SHORT TERM, here is what I think will happen. the 27 days cycle.... which since Sept 24th upto Nov 21st ( 27x2 cycles done)the next 27 days started since then is a Mixed BAG. market """" MAY """" make a newer LOW@ "" MAY"" but the Rally after that will be strong and swift potentially to RETEST or make ATH. thereafter FEBRUARY will be a complete WASHOUT to the Downside. This analysis makes sense to ME especially when I posted a week or so ago... a chart which showed you ALL a Potential Rally to 25980 or somewhere there . I gave the date of 18th JANUARY for that. Go and see that chart. And thereafter we will pretty Much FALL Like 9 pins.
Before I confuse you all further...... Don't commit any sort of Hasty Decisions... stay calm. See what the market is telling you and act accordingly
The Above is the LARGER picture. However in the SUPER SHORT TERM, here is what I think will happen. the 27 days cycle.... which since Sept 24th upto Nov 21st ( 27x2 cycles done)the next 27 days started since then is a Mixed BAG. market """" MAY """" make a newer LOW@ "" MAY"" but the Rally after that will be strong and swift potentially to RETEST or make ATH. thereafter FEBRUARY will be a complete WASHOUT to the Downside. This analysis makes sense to ME especially when I posted a week or so ago... a chart which showed you ALL a Potential Rally to 25980 or somewhere there . I gave the date of 18th JANUARY for that. Go and see that chart. And thereafter we will pretty Much FALL Like 9 pins.
Before I confuse you all further...... Don't commit any sort of Hasty Decisions... stay calm. See what the market is telling you and act accordingly
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