deepgups

deepgups Updated 

The Blue and Black Lines indicate the Path of the Nifty going forward...... I have presented it on a Weekly scale hence the Time factor will come into play. Nothing will happen by just tomorrow..... give it Time. The coloured lines present an indication of Higher price going forward represented by the BLACK Line especially

deepgups Updated 

NS on a Monthly scale. Are we heading into a HNS pattern ????? This is my ONLY FEAR as of now...... So be careful..... take your time to analyise and only then take your trade

deepgups

I have made it easy for you ALL and SPOON FED you with 3 time frames to play with..... hourly....daily......weekly..... and given you all the supports and targets..... This should really help you all in guidence

deepgups

NS on a Monthly bais.............. with the FINAL TOP N BOTTOM indicated.......... its on a make/break. Considering that the EUPHORIA phase MAY not have taken place yet...... I put my personell bias to the UPSIDE

deepgups

The DJIA on a weekly basis.......... everything takes time to play out when the Time Frame is Bigger/Larger ..... hence do not expect miracles to happen overnight

deepgups

Nifty as I see it going forward..... we are still in an impulsive 12345..... no giving up on this yet. Watch 17690 very very carefully for any breakdown on the index. Remember this is a WEEKLY chart

deepgups

On a monthly basis...... IT IS ABOUT TIME now..... The 3Monthly chart suggests of a deeper correction...... AT MAXXXX for NOW..... I DO NOT GIVE IT BEYOND 200/

deepgups

The retracement levels on NS will fluctuate as per the action during the course of a particular period. As best as I can see..... what I had given in terms of the LArger Wave remains INTACT.... from a medium ( 3-7 months perspective).... we will get the whipsaws in the smaller tf.... but Overall...... The UPTREND remains Intact. I am neither putting a Long/Short...

deepgups Updated 

In spite of Me saying I am expecting ''''C'''' down............. there is something else happening, which Belies my expectation..... THERE IS AN 11 DAY CONSOLIDATION ABOVE THE UPPER TREND LINE...... which makes me believe.............. I AM COMPLETELY WRONG... There is something HUGE happening....... and for the 1st time on my counts...... my mind says one...

deepgups

This Market is NOW Ready to KILL BOTH WAYS...... In as Much as the Market did both the levels that I had projected( bns I said 42404.... it did 42432 or so)...I had NOT anticipated a move UP.... Late Last Night when I saw the DOW chart..... it showed me that the down move is done for now.... and hence inspite of a small jerk downwards..... NS recovered to close...

deepgups

This is what I see on BNS for now on Hourly...... Its precariously poised for now.... The level of 41762 should be taken as 42796 at EOD

deepgups

For TV 1234................... PFC chart on a Monthly scale as requested

deepgups

Nifty Live as i write this down with Hourly support markings for today......

deepgups

It is going to be a MAKE OR BREAK for BNS..... so play the swing carefully. Any Gap up/Gap down MAY just KILL BOTH WAYS>>>> BE CAREFUL. I remain NEUTRAL until 42762

deepgups

Ns chart as I see it currently......... Do not be OVERTLY LONG now.... just stay on the sidelines..... We have 2 waves clashing with each other.............. 1 will OVERIDE the other..... Just stay calm and let that wave play out .... MY STRATEGY remains SHORT for now

deepgups

In continuation to the Larger wave count...... here is the latest /current swing scenario on NS likely to play out very very shortly.... 17709-17721 must be your stoploss for shorts now. remember this is just a hourly chart and so..... the whipsaws in the smaller time frames while the Larger trend remains Intact.... so dont react towards the Larger wave count

deepgups Updated 

RELIANCE has just announced its Results...... the Best in toooooo many quarters....... WOULD YOU GET BULLISH ???? Dont let your heart rule over what your eyes see................ I dont know what your eyes see....... What I SEE is marked for you. Many of you would probably TAG me as MAD.... So be it

deepgups

And so why am I saying that you should buy into this ?????? We have divergence readings making higher highs while price is falling.... BUT.... On a Monthly scale. that should tell you something...DO NOT WORRY about a dip upto even 7/....... just keep buying as per your capacity. The hypothesis on being LONG/SHORT depends on ONLY 1 subject..... That subject being...