nifty
For ..... KAPIL MITTAL...............
This will be my LAST post for some time to come as I am busy with other things. I'll TRY and come every now and then... to HELP YOU ALL.
The Plottings on this Nifty chart are done from a DECADAL point of view. By DECADAL I mean that the Indian market has ELECTRONICALLY LOGGED DATA ONLY from 1990, and hence I cannot even TERM it as a CYCLE. Likewise... the DJIA has data going back almost 100-150 years and hence each and every CYCLE which played out is Recorded in its HISTORY BOOKS. Electronically speaking.... the NIFTY is ONLY 33 years of AGE.
What I have plotted from a 33 years cycle are the waves which played out from 1990, and I have to admitt.... in as Much as I gave a figure 0f 35000-39000, IT WILL """" NOT""" Play out Immediatelly. Structurally, we are in wave 3 of 5..... playing out currently in subwaves. FOMO happened during the COVID ERA @ wave 3 UP.15400 odd was wave 4 down @ shallow wave.... we are now approaching 23900, which will be the TOP for now. However this is with a single RIDER. Subwaves are known to be shallow in NATURE, and so I m going by the HYPOTHESIS that subwave 4 """ MAY/CAN"" be shallow in Nature. Should this turn out to be true.... we will head for 34900 in NO TIME.... Else.... The Market will take a Long PAUSE/BREATHER
This will be my LAST post for some time to come as I am busy with other things. I'll TRY and come every now and then... to HELP YOU ALL.
The Plottings on this Nifty chart are done from a DECADAL point of view. By DECADAL I mean that the Indian market has ELECTRONICALLY LOGGED DATA ONLY from 1990, and hence I cannot even TERM it as a CYCLE. Likewise... the DJIA has data going back almost 100-150 years and hence each and every CYCLE which played out is Recorded in its HISTORY BOOKS. Electronically speaking.... the NIFTY is ONLY 33 years of AGE.
What I have plotted from a 33 years cycle are the waves which played out from 1990, and I have to admitt.... in as Much as I gave a figure 0f 35000-39000, IT WILL """" NOT""" Play out Immediatelly. Structurally, we are in wave 3 of 5..... playing out currently in subwaves. FOMO happened during the COVID ERA @ wave 3 UP.15400 odd was wave 4 down @ shallow wave.... we are now approaching 23900, which will be the TOP for now. However this is with a single RIDER. Subwaves are known to be shallow in NATURE, and so I m going by the HYPOTHESIS that subwave 4 """ MAY/CAN"" be shallow in Nature. Should this turn out to be true.... we will head for 34900 in NO TIME.... Else.... The Market will take a Long PAUSE/BREATHER
Note
The BLACK plottings represent the DECADAL waves.... the BLUE plottings represent the Current wave structure
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.