deepgups

deepgups

I am posting this chart LIVE .......... and here is my FINAL TAKE on how I am playing this market. Everything to be said and explained is already given on this chart foe you all. I am going on RECORD to say............ """"" I AM BUYING NEXT MONTH AS WELL AS THIS MONTH END PUTTS, 42700 DOWNWARDS'''''''. IN just 9 days................... EVERY PARTICIPANT HAS...

deepgups Updated 

So here is what I feel MAY happen to the Indices going forward. The BNF has resistence at 44100-44200 range. Now remember...... watch this UPMOVE IF IT TAKES PLACE ALONG WITH THE RSI DIVERGENCE INDICATOR. If we move up, but the Divergence Reading makes a HIGHER LOW READING..... then you will know it is time for a PULLBACK. The Parallel lines indicate the...

deepgups

It was an Up n Down day for the Market................ However....... I AM CAUTIONING YOU ALL..... BE CAREFUL HEREON. The is a NEGATIVE DIVERGENCE DEVELOPING on Both the Indices, and to my EYE..... WE ARE HEADED FOR A PULLBACK. On NS.... 19450 was what i was watching out for. This will be a Make/Break for Now for the Market. Tomorrow..... should the Indices open...

deepgups Updated 

The Green Line specifically is based on a Fib Calculation " BREAK''.... ( its a little complicated to explain here)... However..... Every other fib retracement level to the downside WILL REMAIN VULNERABLE untill the BLACK LINE. Tomorrow is going to be an INTERESTING DAY

deepgups

I hope you all made some good Money today.................. I did. I had to post this chart to show you all what I have been SCARED about. On a 15 tf chart........ Should by any chance the CLUSTER OF SUPPORTS gets Broken to the Downside..... watch it ....... Its going to get UGLY.

deepgups Updated 

Some Big Daddy has been going Long since 19000 odd on Nf and has ensured that each and every Next Day opening has been a GAP UP. Inspite of FIIS selling each and every day the market has recovered 50% losses since High. So what is happening ??????????? It is not the FIIS who are in control, but the PROS...... They have seen the opportunity of Fiis selling 7700...

deepgups Updated 

How I see NF going forward............... You have to be extremely careful in the ZONE marked between 61.8 and 78.6% retracement of the entire RISE/FALL from 20200 odd to 18846 odd. I would be cautious at even getting to 61.8% retracement. This does not mean by any standards that Nifty will not go up further...................... BUT......The POSSIBILITY of an AB...

deepgups

Following are the 3 REACTIVE RANGES for BNF for the Coming Week. Play your moves extremely well for now. No matter which Range BNF hits...... It will come down to the WP( Weekly Pivot) . The Best Case Scenario would be that the Upper Most Range is achieved and then it falls to the WP. You have to ensure you are on the RIGHT SIDE of your SHORTS when you make the move.

deepgups

As I had been saying All Along............ The Dow Jones and the SnP are Rallying with a Vengence into the Year End. Given are the only 2 AREAS of SUPPLY for the Dow and above which We RALLY HARD

deepgups

I had to REVERSE my very short Bearish Play on the Indices today late afternoon, when at 19280... Some Big Boys went LONG with the Futures. Based on which I opened the BNS chart to see which AREAS had the Supply been created in the very Near Past. I have put forward those AREAS for you all to see and Understand. Remember this is based on a HOURLY CHART and I have...

deepgups Updated 

Altough Fiis have been shorting each and every day................ I sense an ALLIGNMENT with a DEFAULT PROXY. This means that the data shows fiis being SHORT for 5-6 straight days.... but the market is Rising. They are now NETT SELLERS of Equity to the tune of almost 12000 crs in 5-6 sessions, and yet the market is RISING ????? This can only mean that the DATA is...

deepgups

I preferred to post the NF chart rather than the NS chart from a Traders point of view. You MUST co relate the NF chart to the NS chart and all the levels will be clear going forward. I think this coming week will be pretty BRUTAL for the Indian Indices..... with levels of 18700-18760 possible to the downside. Position yourselves accordingly. To see the...

deepgups

This chart of the SnP has been posted by Me in the past with the levels of the Cup and Handle formation. I have recently been studying the data for the US markets of the Last 72 years and what it shows is this. 1. In the Last 72 years............. The market dropped 34 times. Of this 34 times, on 12 occasions it went to below 20% calling it a BEAR MARKET...

deepgups

Is the market merely consolidating currently the way it did from dec22 untill march23????? What we are seeing currently ....... is it just a repetition of a FRACTAL played out previously ???? Only that People tend to forget ????? I am HIGHLY BULLISH looking at the FEAR all over. Besides the GEOPOLITICAL situation........ Jan23 onwards....... world markets will be...

deepgups

What I am presenting to you all are Merely what Most of you May or MAY NOT see. There is NO ROCKET SCIENCE in what I am presenting. I am aware that I am the LONE PERMA BULL on the Street with Most analysts declaring DOOMSDAY Prophecy. WE ARE NOT GOING TO CRASH...NOT YET.

deepgups

An Interesting Chart Since the Beginning and YYYYYYYYYYYY we Bottomed in 2020 Covid where we did. The Parallel channel bottom TL provided the supports to the downside and put an End to it. However now here is the Interesting part. Look at the Parallel channel in BLUE drawn from Dec 2019 high to March 2020 Low........ While the Lower TL provides multiple supports...

deepgups

Here is the LONG TERM Channel of the Dow Jones since 2007 or so with Price staying well within the Channel for all these many years. What I have spotted are the 4 SUPPORT areas since 2009 or so and simply attached all those support areas to draw a PERCEPTION LINE between the Broader Channel . In the Green color I have given an IMAGINERY path which it will take...

deepgups

In continuation to the chart just posted I am giving here 2 scenarios of an ENDING DIAGONAL marked in RED and marked in Dark Purple. Let us see if NS will contain within either these 2 Diagonals. Also in either case the Downside comes to 19000-18700 apprxx....