deepgups

deepgups Updated 

A selloff came today as was suggested this morning on the Indices. How will we now know whether we are getting into a BEAR Market? The current wave as marked 1 done and 2( A) in play MUST come and Halt ON the figures shown in the Rectangle. If indeed we are getting into a Bear Phase, Nifty will make an ""A"" down, retrace for ""B"" up and Fall sharply again to...

deepgups Updated 

Dear Friends, I have come onto the forum after a very Long time. Please remember WAVE X typically does not cross the previous minor iv. Even if it does it must take out this zone for a meaningful Rally, else we are headed down to complete WAVE Z

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Providing the Nifty analysis as well. The same principles apply, wherein AB4 represent an uptrend. however the bearish counts are represented by WXYXZ. a condition exists as per EW. Wave X MUST cross the minor wave iv and sustain above it for a meaningful rally

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ARE WE DONE WITH THE DOWNSIDE ????? I SERIOUSLY THINK SO

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AN INTERESTING STORY @ DOW JONES 1. DARK BLACK LINES INDICATE THE UPPER/ LOWER TRENDLINES 2. THE THICK BLUE LINE INDICATES THE MID MEAN BETWEEN THE 2 T/LS 3. THE THIN ORANGE LINES ARE SUBDIVISION BETWEEN THE UPPER/LOWET TL N THE MID MEAN

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AS SHOWN ON THE CHART

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in continuation

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SHOWS THE RANGE OF THE DOWNTREND ENDING

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AFTER WHAT I WROTE A FEW WEEKS AGO ABOUT THE MARKET TURNING DOWN, HERE IS ANOTHER UPDATE ....... ABOUT TIME @ LONGS

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AN INTERESTING OBSERVATION.......... EVERY DECENT/ MAJOR FALL IN THE MARKETS HAS TAKEN PLACE IN """"" JANUARY"""""..I AM NOT SAYIN THIS. HISTORY SHOWS IT IF YOU WANT TO SEE OR BELIEVE IT.

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I AM POSTING MY VIEWS AFTER A VERY LONG TIME. THE LAST TIME I DID..... I HAD VERY CATAGORICALLY SAID TO STAY LONG AND BUY STOCKS FROM A CERTAIN TIME HORIZON. I TRUST MANY BENEFITTED . NOW...... THE SCENARIO IS SLIGHTLY DIFFERENT. 1. THE CHART POSTED SHOWS A WAVE COUNT FROM 2008, WHEREIN I HAVE MARKED A 5 WAVE @ IMPULSIVE.THE FALL IN JAN 2020 WAS A 4 DOWN, AND THE...

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PERHAPS I AM THE 2ND MAD MAN AFTER JIM CRAMER OF THE MAD MONEY SHOW....... I AM STICKING MY NECK OUT TO SAY THAT .... THIS IS ONLY A SHAKE UP SELL OFF...... MARKETS ARE INTACT AND YES, I HEAR NOISES ABOUT THE MARKET RE VISITING 7500. FOR GODS SAKE, GET ALIVE.... THIS MARKET IS ROCKING. IT HAS GIVEN YOU ENOUGH SWINGS TO MAKE SERIOUS MONEY BOTH WAYS, AND THOSE WHO...

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AS SHOWN IN THE CHART....... UNLESS TODAYS HIGH IS TAKEN OUT TO THE UPSIDE..... LIKELY TO TEST YESTERDAYS LOWS EITHER TODAY / TOMORROW@ 23894 N MORE

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NIFTY MAY HAVE ALREADY MADE A LOW, OR IS WELL WITHIN AN INTERMIDIATE LOW ZONE...... THE 20 EMA ON FRIDAY WAS 11680, AND CAME UP TO 11715 TODAY..... WHERE NIFTY MADE A LOW AND BOUNCED OFF UPWARDS. AS I HAD MENTIONED ON FRIDAY/SATURDAY/SUNDAY...... RELIANCE HAS MADE OR IS WELL ON ITS WAY TO MAKE A BOTTOM NOW, AND GOING BY THE DOW FUTURES, IT SHOULD BE NOTED, WE...

deepgups Updated 

I LOOKED THE WHOLE DAY AT THE CHARTS TO TRY AND UNDERSTAND WHAT THE IMMEDIATE OUTCOME OF BNF MAY BE, AND THIS IS THE BEST EXPLAINATION I HAVE BEEN ABLE TO COME UP WITH. 1. THE SHORT IS VALID AS LONG AS BNF NOV STAYS BELOW 24490-505 ZONE. 2. I DREW PARALLELS TO TRY AND SEE WHAT BNF IS TRYING TO DO..... IT NOW APPEARS TO ME THAT THE BREAK OF 1 PARALELL WILL...

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SOMETHING IS COOKING ........... BUT UNABLE TO DECIPHER SINCE IN A CONSOLIDATION MODE...... ON AN HOURLY/DAILY BASIS SHOULD WE CLOSE BELOW THIS BODY CLOSE..... CONSIDER THE SHORT SIDE .... THIS BODY CLOSE WOULD THEN BECOME SACROSCANT

deepgups Updated 

HERE IS HOW i READ THE CURRENT WAVE STRUCTURE ON RELIANCE. 1. A CLEAR 5 WAVE IMPULSIVE PATTERN HAVING BEEN DONE...... WE ARE IN A CORRECTIVE ABC CURRENTLY, WITH THE FOLLOWING RIDERS A. I HAVE MARKED ''A'' DOWN @ REMEMBER THAT IT CANNOT BREACH THE LOW POINT OF WAVE 4 B. HAVE MARKED ''B'' UP WHICH CANNOT BREACH THE HIGH POINT OF WAVE 5 C. HAVE MARKED ''C'' AS DOWN...

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RELIANCE HAS BROKEN BELOW ALL ITS HOURLY EMAS....... AND ON A DAILY BASIS, IS BELOW THE 5/20/50 EMAS . ALTOUGH 200 EMA IS WAY DOWN AT 1700/...... WHAT NEXT IS THE QUESTION??????? PLEASE LOOK AT THE WEEKLY EMAS, AND YOU WILL FIND THAT IT HAS BROKEN BELOW 5 EMA ON A WEEKLY BASIS AS WELL, BUT THE 20 EMA ( WHICH IS ALWAYS A VERY STRONG SUPPORT/RESISTENCE POINT) IS AT...