deepgups

deepgups

This is a repeat of the previous chart just posted a minute ago, except that I have added the Recent retracement made from the Lows and how NS has behaved within that price.

deepgups

From what I see, NS "MAY" make a move UP as shown in the FLAG marked in the Green Arrows with another support coming in below marked in the Green arrow again. Even though this is what I see and draw, I also do realize and understand, that once a FLAG is broken, we get ONLY 2 MOVES. Either to the TOP side or the DOWNSIDE. So how will I know whether NS is going up...

deepgups

Someone put out the possible Breakout pattern on Balrampur on a DAILY CHART. Just remember something. You cannot possibly IGNORE the Hourly Time Frame and Jump straight away to the Daily or the Weekly Time frames and put forth an analysis. In the case of Balrampur... look closely at the Hourly TF 1st. What does it tell you ???? That it has made a recent low, and...

deepgups

The Dow Jones did my 1st target last night and now remains to be seen whether we get a bounce from here/a direct move up to ATH/ OR do we move lower to 39000-39500 zone. I am giving the entire retracement of NS starting from the Bottom, wherein I have taken the lower retracements from 2 points as shown in the arrow. I now think, NS MAY NOT break the Lows for now...

deepgups

Every Level meaningful enough to be mentioned currently has been CRYSTAL CLEARLY explained in the post. From Hourly to daily to weekly retracements... its all here.

deepgups

People are getting excited about a BreakOut in the Metal Index. I beg to differ. This is just a COUNTER RALLY and the actual BREAKDOWN awaits. It is going to be a LONG drawn Move

deepgups

When I said at the end of January 25..... that the Dow was in a HnS formation..... I had calculated the Retracement on the SnP as well. SnP hit a new high and that was just to take out all the shorts on the Futures, and since then it hasn't stopped. Just a reminder what what I had written and the retracement thereof

deepgups

Everything one needs to see is given here for your ready reference. The easy part is over@ 1 way slide down. Those who knew caught the wave/retrace and must have made a lot of Money. Hereon..... welcome big big volatility. This goes for the S&P 500 as well

deepgups

The upside view and the downside view are given to everyone here based on the retracements to the upside/downside starting from the lows of 21998. There isn't much to tell here except that when you are able to pinpoint a swing whether minor or major in nature and are able to take out ONLY the retracements....... every trade becomes a winning one.

deepgups

Below is the chart of NS wherein.... it has been beautifully with the Parallel Channel marked in RED for the past 3-4 months and the Subsequent ENDING DIAGONAL marked in BLACK. We have a situation currently primarily because of GEO-POLITICAL risks which will either Render a SOLID COUNTER MOVE UPWARDS or we will carry on Falling until @ in my view up to 20700 give...

deepgups Updated 

Some one posted last week about this stock, calling for some sort of Breakout etc. I then said ""NO""..... we will move Lower and we have. Giving you guys the level to watch out for on this stock.

deepgups

NS is behaving exactly as per the Retracement s I had projected in my earlier post. At best price/ the Bounce will come only upto the zone indicated. In my opinion since the time I cautioned you all at 25700 to get out....... we are going to fall by another 6-7% atleast if not more. In this further fall of 6-7%..... Stocks will get hammered out of shape.. some...

deepgups

For ItechnIndia more than anyone else....... Before you type or suggest to anyone..... ensure you have your RIDERS ready with you..... From the High of 1880 odd to the Low of 1624..... marks a complete wave, wherein..... from high to low does not mean you BUY for Gods sake.... you 1st let it sustain above 50% retracement atleast. The damn price has'nt even...

deepgups

We have a probable HnS on Both the Dow Jones and the S%P 500 . I had identified this about 7 days ago and sent the patterns to a friend of mine who brushed it off as not happening. I believe a CRASH LANDING is inevitable hereon in the US markets. Having said that.... I maintain that the US markets will fall somewhere in the region of 17% hereon..... while Nifty...

deepgups

It is pretty clear currently that NS is basically trading below all the key retracements . Unless we get a massive Gap up of 150-200 points and we get some sort of an island reversal..... I would'nt personally go Long

deepgups

The Market is pretty evenly poised at the moment to try and make a small runup upto 24500 apprxx and then if it holds the hourly 23.6% and the daily 38.2% retracements, it can make a move up. However even the close of Friday does not indicate a move up as it has closed well below all the immediate important fib retracements as shown on the chart. The immediate...

deepgups

The Market currently Does not have Strength for any upside. Altough ONLY the 1 tf is showing single handedly some amount of strength INTRADAY for upside towards 23590 or so but intraday moves can be beaten down as well. NS currently is unable to penetrate above the minimum hourly and daily retracements either. So a piece of advice...... Be Careful

deepgups Updated 

The Last couple of days have been harrowing for some. I know how difficult it is. In as much as I said 23138-42 zone would hold, it didn't( I was wrong again ). But then on hind sight I went back to the charts and started to delve further to see what went wrong. Some of the waves are very complex in nature and can confuse you a lot. And that is what has happened...