Friday, October 7, 2011
nifty view for 10/10/2011
nifty above 4837 remains +ve and upside possible upto 4938.below 4837 -ve trade downside level upto 4712.
Monday, October 3, 2011
DOW JONES INDUSTRIALS SPECIAL FORECAST
ONE OF MY SPECIAL FORECAST ON DOW JONES INDUSTRIALS.
I POSTED DJIA QUARTERLY CHART IN THIS CHART -VE DIVERGENCE IN MACD , RSI (14).THIS DIVERGENCE HELPING TO TAKE NEXT BEAR CALL OR BEAR MARKET.IF WE LOOK AT 2000'S HIGH WE SEE INDICATOR READING AT HIGH LEVEL AFTER FALL NEXT ALL TIME HIGH OF 2007-08 CLEARLY SUGGEST THAT LOWER INDICATOR READING MEANS -VE DIVERGENCE.AND AT CURRENT MOVEMENT LOWER THAN 2008'S INDICATOR READING. THIS GIVES CONFIDENCE TO ALL NEW BEAR TRADE SETUP.ONE CAN APPLY HEAD AND SHOULDER PATTERN IN QUARTERLY CHART LIKE 2000 HIGH ONE SHOULDER THAN 2008 HIGH AS HEAD AND RIGHT SHOULDER IS HAPPENING.IF NEACLINE IS BROKEN THAN DOW JONES AND WORLD EVERY MARKET MOVE INTO BIG/GREAT DEPRESION. SEE BELOW CHART(CLICK ON CHART FOR ZOOMING)
I POSTED DJIA QUARTERLY CHART IN THIS CHART -VE DIVERGENCE IN MACD , RSI (14).THIS DIVERGENCE HELPING TO TAKE NEXT BEAR CALL OR BEAR MARKET.IF WE LOOK AT 2000'S HIGH WE SEE INDICATOR READING AT HIGH LEVEL AFTER FALL NEXT ALL TIME HIGH OF 2007-08 CLEARLY SUGGEST THAT LOWER INDICATOR READING MEANS -VE DIVERGENCE.AND AT CURRENT MOVEMENT LOWER THAN 2008'S INDICATOR READING. THIS GIVES CONFIDENCE TO ALL NEW BEAR TRADE SETUP.ONE CAN APPLY HEAD AND SHOULDER PATTERN IN QUARTERLY CHART LIKE 2000 HIGH ONE SHOULDER THAN 2008 HIGH AS HEAD AND RIGHT SHOULDER IS HAPPENING.IF NEACLINE IS BROKEN THAN DOW JONES AND WORLD EVERY MARKET MOVE INTO BIG/GREAT DEPRESION. SEE BELOW CHART(CLICK ON CHART FOR ZOOMING)
sensex weekly
DARSHAN SHAH’S
INDIAN STOCK MARKET REVIEW(NSE,BSE)
Bombay stock exchange weekly chart (strong –ve divergence rsi,macd)
In above BSE (sensex) chart strong –ve divergence in rsi and macd suggest that strong downtrend which can take place and in above chart –ve divergence did work after 2011. This –ve divergence suggest more downside ahead.
INDIAN STOCK MARKET REVIEW(NSE,BSE)
Bombay stock exchange weekly chart (strong –ve divergence rsi,macd)
In above BSE (sensex) chart strong –ve divergence in rsi and macd suggest that strong downtrend which can take place and in above chart –ve divergence did work after 2011. This –ve divergence suggest more downside ahead.
Thursday, September 22, 2011
elliott wave nifty count
nifty wave 5 of 3 down trg @ 1.618 of wave 1 & 2.trg for wave 3 4760 around.(click on chart for zoom)
nifty elliott wave count (30mins candle)
above 5172 wave 4 remains conti... below 4911 wave 5 is possible in count.foe wave 4 alt is possible in (double zigzag).still my counting 5wave decline trg around 4600.
Wednesday, September 21, 2011
Tuesday, September 20, 2011
Monday, September 19, 2011
nifty view for 20/09/2011
nifty above 5070 move +ve upto 5139 kind of level.move below 5070 downside risk upto 4980 or below.
nifty elliott wave advanced prediction on 13-9-2011
nifty next day move almost retraced wave2 (99%).wave3 likly move below 4911 n if nifty return from 4911 than overlap count possible (extension) we r currently in 5wave down. which can make all new current low.more update soon..........
Subscribe to:
Posts (Atom)