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...
Yesterday was a day full of ANOMOLIES..... the Retracements either to the upside or the downside were all over the place between NS n NF. While at one point the NS may have retraced 63.6%, the NF was at 56%( 10% OFF ????), and this carried on throughout the day untill Both came together at 78.6% retracement the the downside making the Lows. Such Anomolies are...
So we may have gotten the Bounce BUT we are NOT OUT of the WOODS yet. Please look carefully and RESPECT a CERTAIN FIGURE/%. the 78.6% of the Rise and the 23.6% Retracement of the ENTIRE WAVE are sitting exactly together at 23912-13. Should the market want to move higher, it must 1st Breach above this.... then sustain ... and finally Climb higher in 5 waves to...
Forget the 15 TF I have posted ON.... This is again a 1 TF Retracement to the upside and not so much to the downside. Now remember this.... Do NOT mix this with a 15 tf retracement. TV wont allow me to post a 1 tf chart hence I have to COPY/PASTE 1TF onto 15 tf. So far so good... Pray you all made Money today. I was VIRTUALLY LIVE untill 2.45 pm.... giving a LIVE...
How do I know????? what will happen tomorrow and how do I calculate the retracements to the upside or the downside. This is again a 1 TF chart but since TV wont allow me to publish it... I have had to show this on a 15 TF. Make NO MISTAKES, I have merely taken a 1 tf chart and posted it on a 15tf . You will have to expand allllllllllllll the way to understand what...
I hope you all are well with your Shorts...... However..... DO NOT PUSH it any further... another 300 odd points downside at MAXX and the Market will be ready to Blow your minds. All that needs to be said and done is Given to you all . 95% upside Coming from hereon.
Just for a second.... forget that I am trying to JUSTIFY my ANALYSIS. For another second..... Think in your MIND that I have posted NOTHING AT ALLL except a CHANNEL..... which Literally covers the ENTIRE GAMUT of the ENTIRE SWINGS AND WAVES which all of you have Witnessed so far. There is NO HIDING this from any of you. Now ask yourselves..... what Next ???? and...
This Market has been a Delight for those who understand what the hell is happening. I hear though..... that ALGO users have had their Pants taken off with the volatility. I will TRY and update everyday going forward time permitting. ( My internet went BLANK at 11.30 am and I couldn't update thereafter.) You all have to understand something very simply. I take NO...
showing you all the MIRROR VIEW REPLICATION of what was already done @ Past on the Left side..... the Bottom and what the MArket is trying to replicate the same on the current right hand side
3 possible SCENARIOS which MAY play out and are self explainatory in almost every way, except that I have taken the Liberty to show the LARGER PICTURE and not MAP out the minor moves. These are ALL BASED on HOURLY TF only and must not be compared with any other tf.
Isn't it amazing how the markets make their moves and how 99.99% don't know what the hell is happening???? Never mind that.... you'll get the hang of it when you figure it all out by yourself. I have given you all the 78.6% retracement and the 100% retracement . These both will act as STRONG SUPPORTS going forward. Watch especially the 78.6% retracement. In my...
Again this is a 1 tf chart to show you guys the BOTTOM...... but have to post it under a 15 tf coz TV wont allow me to do so. This to me is the bottom for now before A PULLBACK. WILL EXPLAIN LATER THE PULLBACK And the retracements. All the Best
I was compelled to show this chart on a 15 TF BCOZ ..... Tradingview DOES NOT ALLOW you to publish anything on 1 TF... For those who MAY have figured out what I am saying...... COPY PASTE this chart onto a 1 minute time frame and you will understand precisely what I am saying. I hope you all enjoyed the downside from 24770 spot. It gave those who may have followed...
So you all MAY have enjoyed the Decline today..... yet it is not out of the woods yet . Either to the upside or the downside. I have marked the Area where NS needs to either BREAK THRU OR TAKE SUPPORT.... and then it should be easy for you all to take your trades. All the Best
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...
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.
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...