deepgups

deepgups Updated 

In continuation to my last post....This is how the Nifty will play out..... 1. we will either Move straight to the upside completing wave 6, then come down for wave 7, thus marking 123456Y.... completing 7 waves. This possibility is REMOTE as wave 6 cannot go beyond the wave 4 high. 2. That we are nearing completion of wave 6, and 7 down will follow suit to break...

deepgups

I think I have finally figured out what is happening to the markets after much Deliberation with myself. I thought and thought and thought as to what the hell was happening in the market, and considering I have SUDDENLY have so many FOLLOWERS, it got me even more nervous. 1. Notice how I have removed the "" 5 "" Top and labelled it with a ""C"" instead, followed...

deepgups Updated 

I don't think I need to explain anything on this Possibility on Nifty Spot. Everything you all need to know is there for you to see. It is looking Precarious to Me. I have tried to mark the INTERNALS of wave 5 as best as I can

deepgups Updated 

It will in Time turn out to be something like this as shown in the chart. Where, we will make a Rising wedge within the Larger Rising wedge. You will know the END of this RUN when the upper Trend Line marked in RED ARROW touches 3 points to the upper side hereon and Falls

deepgups Updated 

I may be completely WRONG about my Timing, I may be completely WRONG about my Analysis, I may be completely WRONG about my Markings, I may be completely WRONG in my Thought Process. But.... I CANNOT BE WRONG about this RISING WEDGE. It is a question of Time, it requires patience, it requires your Fast Decision making

deepgups

Shorts must be created at the appropriate levels ONLY. This chart is just an extension of the previous chart posted just a little while ago. To the Left in the Rectangle is the figure of 41762, which is the 100% retracement from 32335. To the Right are 3 lines which show you the R1, S1 and S2.

deepgups Updated 

The Highs for BNF ARE VIRTUALLY UPON US.. Here is how I see the structure currently. Unable to move past 41904 ( give or take 150 points), a FALL follows .To what extent is the FALL????? 1. The Move down from 41820 to 32551 ( marked LINK wave W) = 9569 points. 2. Link wave X follows up retracing to 50% of the down move, and Falls to create Link wave Y at 32335. 3....

deepgups Updated 

I should be keeping my Mouth Shut here as this is an OPEN FORUM for everyone to see. Yet I am just STICKING my NECK out to take all the blame when it does'nt happen. 1. Who amongst you remembers the TOP of 18600 odd Last year and figured out that while we TOPPED out, Dow was Still Rising... The HERD moved IN to BUY n BUY n BUY for Further upside, but while the Dow...

deepgups Updated 

I marked the chart on the DJIA futures by mistake. But the marking will co - relate with the DJIA spot as well. I have marked just the CURRENT WAVE, to show you what the wave swill look like. Inspite of the fact that I have marked ABC, showing C breaking below the Recent Low, there is just 1 contra call here. I will need that to happen before I say we are done.

deepgups

The chart of Dow Jones........ either a double zig zag or a triple zig zag in play currently. If a triple zig zag in play..... there is Mor pain to the downside

deepgups

The same criterion and EW structure follows on NS as well......... Even if I give it a slightly More LEVERAGE to go up to ATH...... Do not be fooled by the current VACCUME ( sucking you IN) wave. Too many penny stocks r making crazy amount of Highs in the last 3-4 months, a typical sign of the Topping Out Process. I have given it a NEUTRAL TAG because EACH ONE OF...

deepgups

It took me 5 days to figure out what is happening and why the Markets are behaving the way they are currently. Many of you here will DISGREE with my analysis, but that is fine by ME. 1. THE CRASH IS HERE AND HERE TO STAY. WE WILL MAKE A TOP ON BN IN THE NEXT 3 DAYS MAXIMUM AND A DEEP DRAWDOWN IS TO FOLLOW. Why do I say this?????? Tooo many EW analysts have for...

deepgups Updated 

Be careful of LONGS as I post this.... All retracements on a 15 minute TF are given, hence CAUTION is ADVISED. This market is NOT going to go up just because YOU think so. Do not have a BIAS view, play the game as it shows you

deepgups

The Nifty Metal index is Looking vulnerable to Me. Unless it goes above 6130 and sustains above it for a day or two. A break of 6010 will open up too many downsides , so be careful while choosing to go LONG on Metals at the moment. Stay Cautious please

deepgups Updated 

This is a more or less BREAKOUT/BREAKDOWN chart of NF, and the same pattern persists on almost all Indices, including BNF. There is MASSIVE COMPRESSION about to end either today or shortly. Any 1 side will lead to massive Moves . The pattern is the same in 5/15/30/45/ hourly time frames . BE CAREFUL when you trade. The PINK Lines shows you the BO/BD for today, and...

deepgups

I am not going to give any Long/Short tag as you all Must decide for your selves what is going to happen and how to take your own trades. I will merely send charts for your understanding

deepgups

Enclosed is the chart of the S&P 500 for your understanding. Trading View does not provide a Candle Stick chart as per the US indice policies. The chart is self explainatory as to where we are headed and the BOTTOM formation as per Me

deepgups

NS remained in a symettrical TRIANGLE through out the DAY. This is going to be a CRAZY situation as any 1 side will take out ALL LONGS/Shorts.