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Monday, January 16, 2017

Nifty Small and Midcaps


 Broader markets continue to be stronger than Nifty...all those mutual funds and Insurance money, domestically collected. FIIs are still net sellers.
Both Small and Mid caps are forming huge corrective diametrics...they are in the last leg. We may expect Nifty also to follow suit. If so then there is every chance that we are in wave F in Nifty and wave G in small and mid caps.

Saturday, December 31, 2016

Tuesday, December 20, 2016

Monday, December 19, 2016

Sunday, December 11, 2016

Nifty Angles for Dec 12 to 16, 2016


See how beautifully and rhythmically the market functions!  
From March 2015, Nifty moved down and gave a cycle bottom.Subsequent upmove from 6825 terminated at the time cycle circumference.Nifty moved down along the circumference and then away. It is now attempting to reach the circle again. When it does so, it will reach an inflexion point.It is likely to move down to gather strength to make a new bull move.Red line is the diameter of the time circle.
All this rhythm despite loud noises of demonetisation, Trump winning, Italian refrendum, Fed rate hike and what not!