deepgups

deepgups

I trust my PRE MARKET post helped you all course the Nifty yesterday. Posted is what took place yesterday and the path going forward. It is my belief that NS will end up in an ENDING DIAGONAL for HIGHER HIGHS............ I stay Committed for a Larger BULL RUN starting end 2023 begining 2024 to END within 3 YEARS by end 2026 maximum. This however is subject to...

deepgups Updated 

I have taken the 15 tf so that the patterns are clear for the day on a very small tf for now. Have also given the Resistences marked R and the area it must stay above for the whole day, failing which @ TROUBLE for now

deepgups Updated 

Good Morning.............. So far so good with a positive opening on Gift. I have given you guys the levels to watch out for. Should it hold 19615 for the day...... we will move further up

deepgups Updated 

The Reason I am not so bearish anymore for an extremely short period atleast is because the market has not Retraced back towards 20010 to atleast complete a retrace structure. Yes the Bears currently have the upper hand but the BULLS know that wave structure remains OPEN. With a Single JOLT they can take this structure UP and even go for ATH..... in such a...

deepgups

There is an UNFINISHED AGENDA on NS........ once the down side gap gets filled....... HERE I COME should be the CALL. I just don't see any CRACK at ALL........ Not yet...... Too many would be thinking how I drew the BLACK SUPPORT LINE.......No macd... No Rsi.... Nothing... and remember I have put a LONG tag to this .......... that doesn't mean you go Long...

deepgups

Its the same chart I posted a minute ago with a little TWIST............. How many of you have realized what I have put within the BLACK LINES ??????? PRICE IS GETTING ''' SQUEESED '''... WE ARE SETTING UP FOR SOMETHING VERY BIG..... EITHER WAYS POSSIBLE ABOVE/BELOW THOSE BLACK LINES

deepgups

The setup just doesnt Look to Me like its all breaking up..... Yes we have a Bearish Engulfing weekly candle but then there are soooooo many engulfing Bullish weekly candles as well... So does that change the NARRATIVE???????? Such things as engulfing etc are for YOUR EYES to see as much as people here talk about RSI/MACD/ etc etc etc ....... I have never ever...

deepgups

I have my ways of going about markets and I just dont follow what others do. I am NOT convinced that the World Markets are Crashing yet....... NOT YET. No amount of MACDs/RSIs or other eye catching indicators can convince me yet about a Crash..... Give or Take a few points here and there i have given you all what I see and understand Best

deepgups

I thought I wud do it now... so here it is....... with all the markings. Dont be bothered about a few points here and there..... Look at the Larger picture....... above......above.... and away

deepgups

All Patterns are coming together on 99.99% WORLD INDICES...... I cant put together ALL of them for you to draw a comparison..... Here is what I see on the Gift Nifty .......

deepgups

Now here is something very few would provide for unless PAID FOR subscriptions. It is difficult for ME to put this into simple words....... but the Pattern I see is a VERY VERY BULLISH ONE. Today just before EOD...... I put out a message saying i am NOW BULLISH ON THE INDICES. Ill update @ time permitting on Monday Pre market

deepgups Updated 

Do not follow the US Indices for any clues to go Long. Gaps left on the Indian Index's both to the upside/downside..... call for "" ISLAND REVERSAL''... However this MAY turn out to be a BIG BULL TRAP. I have given you all the Reverse Fib to follow the trend of the market. Unfortunately, TV provides very basic Fib %.... the Fib % are more complex in calculation...

deepgups

I had posted this chart earlier as well on the DJIA citing that the drawdown to come down to the Channel support had not been filled yet. It has started as of yesterday. Expect 800 points drawdown on the Dow. Should the Channel support be broken......I will then have to look for alternate counts. The Nifty will follow Suit as well.

deepgups

In as much as it is the DJIA futures chart............ just co-relate to Spot..... Have given you the CHICKEN HIDING.................... Lets see what happens..., So far Sooooooo Good

deepgups Updated 

Here Comes the FLUSH before the Market begins to make HH/HL...... Watch the RED LINE for a Crossover or a Breakdown....... Such times are a Traders Delight if you are able to catch the waves. From 14.30 low to 115...... that was the strength of BNF into the wave..... Now Now Now...... I am just Telling @ Thats alll.

deepgups

So here it is the Analysis of NS on a Daily tf with every wave count marked.... With 2 waves up and down showing completely NO COUNT STRUCTURES. You cannot have a single wave up or down without subdivisions . BOTH those "" ANAMOLY "" waves are marked as well.... The path UP and then down...... Have fun both ways

deepgups

Everything from the previous TOP is explained to you all on a Platter. No more explaination is needed for those who understand what i have marked/drawn. I belong to the CAMP that both Indices will see ATH...... But WILL NOT REVERSE THE TREND TO AN ALL THE WAY NOW UPSIDE . It will Gyrate between ATH and lower LOWS@ WILD SWINGS. Here is the Time for Traders to make...

deepgups Updated 

The US markets " MAY " have BOTTOMED out as of LAST NIGHT...... and if they have there is going to be a LETHAL upside move to capture 4800 on the SnP by Dec 2023 end apprxx. In this Euphoric RUN UP of the US indices................. Many a player in the INDIAN MARKET will go LONG looking at the upside moves of the US market. I am now making a CONTRARIAN CALL.......