19557 said and 19554 done..... Holding this Low for Now...... the chart tells you the likely 5 wave upside as well. Even if the LOW breaks but we bounce back above 19554 for the day... consider the LOW for now done
Since there are NO HISTORICAL cues to show Me what could happen on the Nifty........... I have to assume 2 things. 1) We have done minor 1/3 at 20222 and are experiencing ii down. OR 2) 20222 is i/3..... this downwave is A.......... an upmove to be marked as B and another wave down as C/2... I said this Many a times before ..... Do not be disturbed by a few 100...
I just didnt see what the Historical charts were showing Me in this DOWNTREND. I have very very clearly marked out what I caught last night on the DJIA. I think WORLD MARKETS are ALMOST READY/SETUP for the LONGEST WAVE IN BULL MARKET HISTORY. It only requires a Little patience a keen Eye and some Effort.
This is how I think Nifty will play out in the EXTREME SHORT TERM.... Altough displayed on Hourly chart it does not mean that the counts will play out within 1 hour
Within the Framework of the Last posted chart of NS which was a Monthly chart.... I am now marking out the DAILY scenario within the Monthly chart. Concentrate on the BLUE BOXES for short term levels going forward. The entire current move will depend on the retracement .
This chart was posted by Me a few days ago... maybe 2 odd weeks ago. IT holding 32820 apprxx this coming week on a closing basis will LEAD the WAY. There is Some sort of sector Rotation going on..... while PSU Banks r Rising, Pvt Bank are falling. This does not mean that the Run on Pvt Banks is OVER. NO ..... It is NOT. For NIFTY to reach where I think it must @...
The hourly support and resistence zones are marked for your understanding. Unless we bounce back higher than 20190-20200 zone..... it might get uglier temporarily
Since someone started a topic on this.... thought i wud give you guys the detailing here. This is BN FUTURE Remember and play the Punt accordingly
The entire process of UPMOVE and DOWNMOVE is jotted here to see and Understand. Follow the RETRACES
NS plan going ahead........ I will update as soon as PRE-MARKET is done. Don't get disturbed by these whipsaws, I have said this before. I had even suggested to shift from trading to Investing. Choose stocks which are about to OR have done their wave 2 down.
Nifty spot plan as for today @ Hourly. 20003 will be critical for an upmove... while below this it will target the Lower level. All the Targets are given to you all as for today. All the BEST
Enclosed is the DJIA hourly chart which will be responsible for the UPMOVES hereon. I have also explained to anyone who MAY want to understand the concept of "" RETRACEMENTS"".... They are calculated in PRIMARY.... SECONDRY and MAJOR waves and will differ from every time frame.
You will get the Opportunity of a Life Time in this ABC decline..... wait for it and buy at each and every dip below 10/45 p. I have marked the end of wave 1 ONLY as I will need to see the Retracement from the Lows of 10/45 as i anticipate.... There is plenty of Money to be made
mark my Words................. BN will be 100000 in a few Months from Now. If the wave counts are correct.......... 3 is the Most Impulsive of ALL and will take the shortest time to get to the Top. There will be a RESET of things at apprxx 50000.... which is the 50% mark to the TOP. At 50000 apprxx there will certainly be a RESET in all the Indian Indices.
From the Lows of 2020 untill CMP................ all Wave Counts have been marked including how wave 1 was formed in 5 impulsive waves... wave 2 down in 5 waves @ ABC.... and we are Currently in Wave 3 UP. This will farm in 5 IMPULSIVE waves as well with subdivisions. I am GUNNING for 48000+. This is a Monthly chart and I would not be bothered with the whipsaws...
Expand this chart to understand each and every detail. I had no choice but to put it on a monthly scale. Now understand this..... 12430 odd was wave 1 end...... 7511 was wave 2... ( ALL THESE WAVES AND THE ONES MARKED ARE TO A LARGER DEGREE AND NOT MINOR IN NATURE).We are experiencing what MOST here will not be able to comprehend. Elliott wave theory says that the...
I deleted the previous post on SN to give you all a clearer picture on the HISTORICAL FAULT LINES . What was ONCE a BOTTOM PREVIOUSLY...... Became a RESISTENCE . These Fault Lines also co-inside with my TARTGETS on SN posted previously for the Last 3-4 days. Go back to those charts and draw a comparison with this one. I think some LAGGARDS are IN for the TIME OF...