저자: VijayKedia · 외국인
요약 보기
인도 시장이 6.5% 성장률로는 부족하다는 주장과 함께, 과거 시장 예측이 맞았다고 주장. 엘리엇 파동과 추세선 분석상 인도 지수(니프티)가 하락 조정 중이며, 달러 기준 78% 되돌림 레벨이 중요하다고 설명. 포트폴리오는 5~7개월 전 정리했다고 언급. 교육 목적이며 매수·매도 추천은 없다고 명시.
다듬은 글
The way the world is growing and the way my attention repeatedly goes to China, and the way we repeatedly compare ourselves with China, then I feel that this growth rate of 6.5% which India has is not satisfactory. We will have to bring it to a growth rate of 810%. And having said this, I said that in this growth, the index should show some new price again in two-three years.
I don't think this is what we discussed six or seven months ago. But then people were abusing. Now go and watch the old videos and you will know what I was talking about at that time because the same is happening in the charts now and many people who saw an upward move in the market because we had discussed it a month before it happened because we have got a blessing from the market in the down trend.
Wherever maximum people want the market to bottom, there will be an upward move for maximum time. There is a very simple logic here. Only when the market does as per their wish, they will be trapped inside the market. Now you must have seen within the trend that the market did not listen to anyone even once.
People said that taxes have increased in the market. Now the market will fall from here. If you go before that, then on June 4, it was said that BJP does not have full majority. Therefore, now there will be no performance in the market. But the market did not listen to anyone, take any previous correction area and look there, thousands of problems came in the market and it did not listen to anyone, but this time it will not happen, the market will listen this time and in whatever noise I can hear right now, people were talking about the budget earlier, at that time the market went up and now people are talking about 221000 and that is why we also discussed that a contracting triangle has formed inside this area, hence the upward movement that has formed cannot be a trend.
And last week in the 15 minute time frame we had discussed that as soon as the price comes below this trend line then we can see a fall and also when the green candle was formed on 2nd April, I had posted and shared that till the price does not come above 50% in the daily time frame then the situation is not right because in the daily time frame we got to see a good candle in the event which most of the people were considering as a reversal.
But if you look at this candle in the 15 minute time frame, then this rise was corrective. There were no signs of an uptick in this upward move. However, Price did complete a pattern here. So today we will talk a little further because we have been repeating the same thing since last two weeks and in today's video I will also tell you the reason.
Some of the levels we discussed are important. So what was the reason behind them ? We will discuss that in today's video. And before I proceed further in the video, let me give a disclaimer. This video does not recommend any kind of buying or selling. We are looking at the charts for educational purposes only.
So last week we discussed this trend line and talked about if the price comes below it then we have to place retracement from the bottom here, out of which the 50% area is the area of maximum correction. If this uptrend has to continue and the reason behind this was that the upward movement made in the price near the level of 22,000 is a zigzag correction and whenever there is a zigzag correction in the chart, then there is a possibility that we may see another zigzag correction in the chart.
But the condition for that is if the price has to make another zigzag here then the retracement of the price should not be more than 50%. And if you see now, the closing that happened on Friday was above the 50% level. But when the price continued its downward move near 23,300, a five-wave formation took place within it.
Now I will not go into much detail about this because if you do not know Elliot Wave then it will be difficult for you to understand and along with this I will give one more update. If you want to learn Elliott Wave, then Elliott Web is coming up with a course for Pro members, two videos of which have already been released, and if you watch this video, you will understand how to do price counting.
Even if you are learning Elliott Wave for the first time. In this video we have discussed the secrets of counting. With this, even a small child can count impulses. And its next class will be on Tuesday. And for now, you should understand that until the price does not sustain above 23350 where the price trend line is also coming, we will continue downwards and now to know the price target, we can copy this trend line and place it at the low price here.
As we applied the trend line within the up trend and we saw here that when the price crossed above its upper trend line, we saw a big move after that. Now, similarly, here also the price has gone below its lower trend line. And I have discussed this concept of trend line in great detail in the course of technical analysis which is absolutely free of cost.
And if you have seen this course then you already know that the US market will crash because we applied the study when the US market was at its peak before the crash. If you want, you can go and watch the video after 3 hours 55 minutes and right now the US market has crashed, so we may see a gap down opening on Monday, but you should understand that even if the 61% level is touched, then the possibility of a big bounce will almost end and we had discussed this in the last video as well and then we will have to see what condition will be formed in the price here because the price which is coming down inside Nifi is coming in a complex correction.
The picture is not very clear here. But once in dollar terms, let me show you the chart of Nifty. The picture is clear there and the story is the same as we have discussed. For now, just focus on 78%. If the price breaks the low and forms a fifth wave, then it can form around 138%. We will review the rest with time and do you know what is the biggest danger in this right now?
All the rules and guidelines are being followed here. And if five waves are formed within the price here, then once again a temporary bottom can be formed here. And then we might see a five- seven-month rise or a consolidation. But then you cannot even imagine what kind of incident will happen after that rice.
If you do not know Elliot Webb, there was a dialogue of Yogi ji and then he is saying that we are saying that we will destroy this mafia, the same will happen with the government portfolio, for now the level of 78% in dollar terms is important. We will take care of this only. It is not safe for the price to sustain below this.
Then we will see with time where the bottom is formed. For now, it is important to keep an eye on the caller terms because the picture is clear here and this is the broad story line that you know. Whatever this whole game is about within Price is corrective. Even if we continue upwards, that trend will not happen.
That will be a corrective rise. At the most, an ABC will be formed here and after that we will continue down again and ABC means that there can be consolidation in the price in a large range here. Let's see how the market opens on Monday. I do n't have the goods. We had cleared the portfolio 5-7 months ago.
Now we just have to watch the show. And what will those who have goods do after selling them ? Already stocks are down 50-60%. Now they too have to watch the spectacle here. Before I go, let me give a disclaimer. In this video I have not given any kind of buying or selling recommendation. Whatever charts we have seen, we have seen them only for educational purposes, if you have to take any decision on its basis, then you must think carefully before doing so. You have to analyze the chart yourself. No recommendations here
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