Journal

When markets rise too fast , it does not bode too well for the bull market and normally correction must come sooner than later. In simple terms , the bulls…

  This was posted on 17th for opening on 18th feb We will see more weakness on the 19th till around 15000 or so where support should come.

Elliot wave theory is all about understanding the herd mentality. According to the theory, the masses (or the herd) moves in predefined mathematical structures called waves. These waves can be…

I have given a bullish scenerio above. Although corrections at time always seem to go on longer than expected, I do believe the lower tick this time was the corrective…

I have given a bullish scenerio above. Although corrections at time always seem to go on longer than expected, I do believe the lower tick this time was the corrective…

Normally I put up the analysis on a weekend . However the situation required a special 'POST' What we have above is a double zigzag, as known in elliot wave…

The wave count is finishing with a blow off. The end of blow off should come probably in a day or two and then we should see the correction Any…

I had mentioned in my previous posts that markets will go up to 15000, and we will take it up from their. Technically we are crossing a technical hump, which…

We have been talking about K shape recovery(Markets going up contrary to the fundamentals of the markets) Now the elliot wave count is shifting to extended waves. Extended waves just…

We have been talking about K shape recovery(Markets going up contrary to the fundamentals of the markets) Now the elliot wave count is shifting to extended waves. Extended waves just…

In one of my previous posts , I had stated about the likely formation of a diametric pattern which now seems to be in formation with the last leg g…

In my last post I had mentioned the markets being at crossroads , where the markets were resting almost on the 50 day moving average(A trigger for upmove or collapse…