Now that we are in August, it would be interesting to look at the monthly price action and understand the market trend. Small body candles are sign of indecision. And when they appear on a monthly price action, it suggests indecision on a monthly basis. Monthly candles are more significant in determining the market trend […]
For more such interesting updates visit the Reuters Store or mail us for subscription details. Jiseki Interpretation. Signals are interpreted as crossovers between various Jiseki Cycles. All three Jiseki cycles (Jiseki 1,2 and 3) depict different time frames. Example: An asset is ranked above 80 percentile and all the three Jiseki cycles are pointing lower, this suggests a […]
NIFTY continues to hold above 5,000 levels. A push back above 5,200 would confirm that the corrective up is incomplete and prices could push back up again 5,400 before anything. In our INDIA 30 ORMI ©, barring HEXAWARE rest of the components are still JISEKI CYCLE positive. Enjoy the latest ALPHA Dr. Ionut Nistor is […]
NIFTY continues to hold above 5,000 levels. A push back above 5,200 would confirm that the corrective up is incomplete and prices could push back up again 5,400 before anything. In our INDIA 30 ORMI ©, barring HEXAWARE rest of the components are still JISEKI CYCLE positive. Enjoy the latest ALPHA Dr. Ionut Nistor is […]
Inter market divergence between BSE 500 stocks creates opportunities for investment and divestment. Stocks fall too much and become inexpensive (ready for accumulation) and stocks rise too much and become expensive (ready for distribution). Just like inter market divergence in BSE 500, divergence happens in SENSEX 30 also. This is why even if Sensex moves […]
One might wonder, “Ok long 30 is fine. But where are the signals for the SENSEX 30?” Today we review the first 15 components of the SENSEX 30 components. These first 15 are the lowest in rankings among the SENSEX 30 stocks. And guess what? All the Sensex components are still above 50 per centile […]
We have introduced some new changes to the India 30 to reduce drawdowns and signal noise. However, instead of focusing on exits we focused more on entry. We have introduced a new entry signal. First, every entry is reconfirmed after a few days. If the entry is still valid, only then we enter. This kind […]
Lassi, Gold & Elliott After the lassi, metro trails, paranthas and parties, I can safely assume, I have soaked in some Delhi sentiment. Some feedbacks that poured in; “Mukul, you were right about gold. It did go up”. Another was “Mukul, you were wrong about the re-entry in gold in June 2010. It never came down.” Foregone profit […]
Multi year Elliott counts have worked for almost 80 years. However, over this period the number of high priests practicing Elliott has also increased. Earlier statistics suggested that for every 10 people practicing DOW theory there was one practicing Elliott. I will not be surprised that the ratio has inverted i.e. for every 1 technician […]