There is a MOST LIKELY HNS FORMATION ON NF CHARTS AS indicated. The down side target is indicated by the Black line at apprcc 16800-900 zone . Be careful. Breaking and staying below the Hourly PIVOT at 17637.... will be KEY
How Must you play this market currently is explained in the NS chart. A Move from 15183 to 18094 Must be labelled as A Low and B high. C down is pending , and will do this with another ABC down. Ideally, C=A, which means 18094 - 15183 = Back to 15183 and probably should break this before C completes and we start the next leg up. I have given the retracement 0f...
There are some of you who are asking Me CRAZY questions. The TROUBLE is not the Questions.... What TROUBLES Me is the Ability of MOST here to even try and GRASP the A of EW. None barring a few have even tried to understand the EW basics, hence questions such as the one posted by Mr Sanket Kumar Sudan has NO basis...Neither is the one posted by Tradeview 1234. I...
I have presented before you the 10 year super cycle chart, with virtually NO markings in the CURRENT WAVE. WHY ???? 1. The previous post gave you an immediate short term view of lets say until jan-feb 2023. But does it really mean that the waves will complete within 2023????? The answer is NO, they wont. What I do think will happen is as below. 1. My personel...
For your reference is the Sn P 500 chart...... Notice carefully on a Monthly basis..... even though prices have broken down since the TOP..... the 12 MA hasn't crossed BELOW the 21 yet. Doesn't look tooo Bad to Me. TV provides the SnP chart @ LINE CHART so cant help it. Will give the Targets a few days later on this One.
I have put before you what I perceive to be the DJIA analysis based on EW. Since the DJIA history is far more complex and goes way way back even before we had any sort of exchange in India, I have taken the Liberty of avoiding the minute/minor waves as the Chart would get tooooo Messy. However, I have marked out the wave counts from 29568, and so far it is...
For 1234....... I hope now it is clearer and easier to figure out. Marked in the GREEN ARROWS is of UTMOST IMPORTANCE . Look out for a RISING WEDGE PATTERN. For now Everything FITS the BILL as per Me. There will come a point where ALMOST ALL HIGHS HEREON WILL ALLIGN TO THE UPSIDE AND SO WILL THE LOWS... ALL LEADING IN MORE OR LESS A STRAIGHT LINE , LEADING TO A...
I trust each one of you has done well with the 3 indicators I gave you with the write up. I know Many of you are scared of the Fall in the Last 2 days..... and here is how you should position your selves in the market. 1. A PANIC like Situation just hasn't happened yet, so STOP sweating. 2. The Fibonacci Retracement to the downside are posted for your ready...
I have made a SMALL change in my current markings, and makes NO SIGNIFICANT DIFFERENCE. 1. From 18604 to 15183, it took 8 months. SUB WAVES DO NOT DIVIDE/SUBDIVIDE TAKING SO MUCH TIME. It is Not possible. Hence what was previously marked as A, has now been changed to 2/3, and the current structure from 15183 is something like this.... i/iii/3 done.... we are in...
As I see it. We are NOWHERE even close to the TOPS yet. The ONLY thing which could DERAIL the advancement of the waves could be some GEO POLITICAL situations. Even then....... The waves will Bounce back from the Desired Level
A special THANK YOU to Mr JAGDISH PAHUJA, who constantly kept Bombarding Me with his Questions, compelling Me to think over and over and over again. My final DILEBARATION with MYSELF has come to an END today. You Mr Pahuja, helped in bringing the EUREKA MOMENT in ME. Thankyou Once again Sir. And now for the FInal Time...... I HAVE BEEN COMPLETELY WRONG in my HEAD...
Ideally this is how I see the play out on BNSpot..... Altough Hourly MAY be oversold and a Bounce Can be expected on Monday.... The DAILY/WEEKLY/ MONTHLY are still on a SELL. Hence Caution is advised while going Long.
There is something not correct going On even in BNS.The chart presents a scenario where we had already done the TOP in Oct 2021. As you all are aware..... I was not very happy with the complex correction which took place from 41829 to 32290. Inspite of it looking like a simple 12345/ ABC down, there was something Missing. I took 8 days trying to figure it out...
There is ONE thing I just noticed On the NIFTY chart........ We have crossed BACK INSIDE the UPPER TREND LINE. 1.The retracement of 23.6% MUST hold at any cost for now, else we will move Lower. 2. It is difficult to pinpoint how much Lower this wave can go down to as it has NOT FORMED a COMPLETE WAVE yet. 3. The ONLT TOOL we really have at our disposal is the...
Posting the Chart for BNF for your ready disposal. 1. Please remember as with the Nifty Spot chart as well..... Both have been posted on a DAILY BASIS TIME FRAME, and hence the Targets will take time, so you have to be patient with your shorts. 2. Alternatively, you can go to the smaller time frames and PLOT..... a. AUTO FIB RETRACEMENT LEVELS+ LABELS........ by...
Today I am going to show each one of you how to play the markets WITHOUT Bothering whether it is goin UP or DOWN. 1. This is BEST DONE ON 5 TF 2. Take the 12345 tool as marked in the chart and simply START PLOTTING THE WAVES AS I HAVE SHOWN YOU. 3. Marked in Blue are the waves which have already been done. Marked in RED are the waves which will play out TODAY. So...
For Mr Jagdish Pahuja.... chart 3 1. Given in the Chart above are the INTERNAL counts pertaining to the Current wave 5. 2. Remember that this wave is the LARGER WAVE 5, and everything else are MINOR / MINUTE waves playing out within the LARGER WAVE. 3. I have left out the MINUTE markings from 18604 to 15183, which really does not matter as it is Done. 4. Since a...
For Mr Jagdish Pahuja ...... chart 2 1. Marked in the Red Circle are the abc taken from an hourly time frame as ALL Time frames will not show you the Internals. 2. The Next Chart will focus only on WAVE 5 INTERNALS