deepgups

deepgups

This Chart too was posted some many months ago. I have been CORRECT so far in my WAVE ANALYSIS. I was able to pin point the recent high and what I think is goin to happen hereon. All the Wave markings are given for you all to see and follow. Altough I expect a pullback anytime now on the NIFTY........... it does NOT mean I am calling for a complete CRACK in the...

deepgups

I had posted this chart of the SnP some 5-6 months ago I think. Many who read my posts here would remember . If any of you think we are Going to crack ?????????????? NO.... we are not. Watch 5042 apprxxx for now. A PULLBACK OF 7-8% SEEMS TO ME TO BE HAPPENING ANYTIME NOW. FROM 5042 - 5078 .... A PULLBACK UPTO 4676 APPRXX EXPECTED.

deepgups

Just to let you All know that I am busy with other things and not active in the market. But will post and help you all whenever I can. Here is the chart of NS on a HOURLY basis. The RSI Divergence showing """ NEGATIVE""" with readings pointing LOWER while PRICE MOVES HIGHER. I wouldnt worry tooooooo much yet as the Hourly chart is mostly from a Traders point of...

deepgups

Please co-relate this to the BNS chart for the path ahead. I have given you all the points to see and chalk out the moves for your selves. MP/WP @ MONTHLY PIVOT AND WEEKLY PIVOT

deepgups Updated 

Get READY FOR 18840................ I have been cautioning you all for a while now. UNLESS we sustain above the UPPER BAND as given on the CHART ABOVE............... EVERY SUPPORT WILL MELT LIKE HOT BUTTER.

deepgups Updated 

This was the ONLY way to make Life easier for you all instead of getting you all into a PANIC MODE. What I have presented is the HOURLY CHART. A CLUSTER OF SUPPORTS AND RESISTENCES ARE GIVEN AS WELL. Now Remember this................... what IS/WAS ... RESISTENCE/SUPPORT, when crossed and sustained will become A SUPPORT AUTOMATICALLY. The level of 19850-19884 odd...

deepgups

When I put out A NOTE here about a Month and a Half ago when NS was at 20200..... I had Jolly well said 18900 was on the cards. When the whole world was panicking at 18900 odd...... I was the LONE PERMA BULL on the Street. I had said this was the Bottom and gave you all the 50% n 61.8% fib retracement to the upside ( If I remember the fibs correctly) at 19484 and...

deepgups Updated 

A follow up of what I posted yesterday.............. The channel is NOW WELL DEFINED . I squared off my putts and went LONG on Calls .... watch that level of 44120-44200 apprxx as mentioned before. Depending on the Retracement ..... 44040.............. 44120....44220

deepgups

I am posting this chart LIVE .......... and here is my FINAL TAKE on how I am playing this market. Everything to be said and explained is already given on this chart foe you all. I am going on RECORD to say............ """"" I AM BUYING NEXT MONTH AS WELL AS THIS MONTH END PUTTS, 42700 DOWNWARDS'''''''. IN just 9 days................... EVERY PARTICIPANT HAS...

deepgups Updated 

So here is what I feel MAY happen to the Indices going forward. The BNF has resistence at 44100-44200 range. Now remember...... watch this UPMOVE IF IT TAKES PLACE ALONG WITH THE RSI DIVERGENCE INDICATOR. If we move up, but the Divergence Reading makes a HIGHER LOW READING..... then you will know it is time for a PULLBACK. The Parallel lines indicate the...

deepgups

It was an Up n Down day for the Market................ However....... I AM CAUTIONING YOU ALL..... BE CAREFUL HEREON. The is a NEGATIVE DIVERGENCE DEVELOPING on Both the Indices, and to my EYE..... WE ARE HEADED FOR A PULLBACK. On NS.... 19450 was what i was watching out for. This will be a Make/Break for Now for the Market. Tomorrow..... should the Indices open...

deepgups Updated 

The Green Line specifically is based on a Fib Calculation " BREAK''.... ( its a little complicated to explain here)... However..... Every other fib retracement level to the downside WILL REMAIN VULNERABLE untill the BLACK LINE. Tomorrow is going to be an INTERESTING DAY

deepgups

I hope you all made some good Money today.................. I did. I had to post this chart to show you all what I have been SCARED about. On a 15 tf chart........ Should by any chance the CLUSTER OF SUPPORTS gets Broken to the Downside..... watch it ....... Its going to get UGLY.

deepgups Updated 

Some Big Daddy has been going Long since 19000 odd on Nf and has ensured that each and every Next Day opening has been a GAP UP. Inspite of FIIS selling each and every day the market has recovered 50% losses since High. So what is happening ??????????? It is not the FIIS who are in control, but the PROS...... They have seen the opportunity of Fiis selling 7700...

deepgups Updated 

How I see NF going forward............... You have to be extremely careful in the ZONE marked between 61.8 and 78.6% retracement of the entire RISE/FALL from 20200 odd to 18846 odd. I would be cautious at even getting to 61.8% retracement. This does not mean by any standards that Nifty will not go up further...................... BUT......The POSSIBILITY of an AB...

deepgups

Following are the 3 REACTIVE RANGES for BNF for the Coming Week. Play your moves extremely well for now. No matter which Range BNF hits...... It will come down to the WP( Weekly Pivot) . The Best Case Scenario would be that the Upper Most Range is achieved and then it falls to the WP. You have to ensure you are on the RIGHT SIDE of your SHORTS when you make the move.

deepgups

As I had been saying All Along............ The Dow Jones and the SnP are Rallying with a Vengence into the Year End. Given are the only 2 AREAS of SUPPLY for the Dow and above which We RALLY HARD

deepgups

I had to REVERSE my very short Bearish Play on the Indices today late afternoon, when at 19280... Some Big Boys went LONG with the Futures. Based on which I opened the BNS chart to see which AREAS had the Supply been created in the very Near Past. I have put forward those AREAS for you all to see and Understand. Remember this is based on a HOURLY CHART and I have...