deepgups

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.......

deepgups Updated 

As on the Dow............ so on the S&P. Not a Single Analyst or a Television Commentator is Bullish on the USA markets...... I am sticking my NECK OUT AGAIN ....... Behold the GOOD TIME COMMETH................. 2023 dec to 2026 dec.... Could even happen earlier and then a MASSIVE CRASH

deepgups

I am known to STICK my NECK out and then Stick to it. I do this because None other here will ENLIGHTEN the MASSES with taking any PAYMENT. The DJIA explained in detail ...... There is MORE and MORE panic in the US markets than ever before. There is an influential Twitter @ HENRY ZEBER. He is known to make BOLD calls. Yesterday he came out with a figure of 6100 on...

deepgups

The chart of NS very clearly shows that there is STILL ROOM remaining for a DIP towards the Lower TL of the Parallel Channel. I would term this as the minor wave ii ended within the Larger wave 3 .The upmove will start from here to another ATH with whipsaws inbetween. Any break of the Lower level and staying below this for a few days will call for a deeper...

deepgups

For KIHTNANA................. Be patient on this one...... Let the accumulation complete.... Your stoploss is barely 50-70 paisa from the CMP, and hence dont FRET....

deepgups

For 3 days i delved deeper into the HISTORICAL charts of NIFTY to figure out what the Hell was happening from a CYCLIC point of view. I came out with some Interesting facts as to YYYYYY I think I am correct in marking what I have. Basically HISTORY will REPEAT ITSELF. The ONLY difference I see in the CURRENT wave is this.................. IT WILL BE THE LONGEST OF...

deepgups Updated 

The NS tooo survived as of Friday the Lower end of the Channel for now. A follow up Rise on Tuesday taking it higher from the Lower TL will do good for now. I have given you guys the Upside and Downside Fibs to watch out for.

deepgups

As in the S&P... so in the Dow........... Both Moving soo far perfectly within their PARALLEL CHANELLS... Not Much downside to go as I see it.... with 32600 odd as the Bottom before we take off towards the LONGEST LEG of the upside.

deepgups

To Me the SNP 5oo doesnt have much downside to go. From 4210 odd to 4290..... it will probably make another small LOW..... and that too coz the Dow needs to make another Low before everything bottoms out. September being over as a Historical down month...... I am betting my BOTTOM DOLLAR that by December end Markets will be Much Higher than before. Do not be...

deepgups Updated 

Everything you all need to know is marked on a platter for you all on the NS hourly chart. Play the moves accordingly. Just 1 small possibility ........... a deeper hourly retracement will take NS down to apprxx 19597-606 zone

deepgups

The correction MAY get deeper than I previously thought.The smaller tfs upto daily tf show 5 waves completed. But the weekly and Monthly tfs do not show a 5 wave structure . Hence I am compelled to assume the following. 1. That the current wave from 15200 odd has done ONLY 3 waves on a weekly tf. But has done 5 waves on all other smaller tfs such as hourly and...

deepgups Updated 

Have given you all the Better worksheet to work with. The upside/downside retracements of the Hourly OPEN candle. Follow them for guidance. Bullish above Bearish below everything was explained 2 days ago