#SENSEX #IndianMarkets Going Down till 34000 #TechnicalAnalysisBears will be in control. 34000 is in range. RSI downward.
SENSEX trade ideas
Inverted Head and shoulders on Sensex 05-Sep-2019Expect the bull bounce to continue upto 39300 by Sep-end or mid-Oct
Drop in SENSEX is expected BSE:SENSEX
Price has broken down the trend line and is in a Pull back structure. May test 39000 (psychological level) which is also the base of trendline, previous support and near a FIB level.
If pullback is confirmed then price may test 33-34000 range.
Viewing at uncertainties globally, drop seems likely.
Daily India SENSEX stock market index forecast analysis22-Jul
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: In the midst of a downward trend of strong downward momentum price flow marked by temporary rises and strong falls.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
View forecasts shape of candlestick 10 days in the future: www.pretiming.com
Forecast D+1 Candlestick Color : RED Candlestick
%D+1 Range forecast: 0.4% (HIGH) ~ -0.6% (LOW), -0.2% (CLOSE)
%AVG in case of rising: 0.9% (HIGH) ~ -0.2% (LOW), 0.6% (CLOSE)
%AVG in case of falling: 0.3% (HIGH) ~ -0.9% (LOW), -0.6% (CLOSE)
Daily India SENSEX forecast analysis08-JUL
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: In the midst of a downward trend of strong downward momentum price flow marked by temporary rises and strong falls.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.0% (HIGH) ~ -0.7% (LOW), -0.5% (CLOSE)
%AVG in case of rising: 0.9% (HIGH) ~ -0.2% (LOW), 0.6% (CLOSE)
%AVG in case of falling: 0.3% (HIGH) ~ -0.9% (LOW), -0.6% (CLOSE)
India SENSEX daily, bearish wedgeThe Indian index SENSEX was forming a bearish wedge on its daily candlestick, waiting it to break below the line, short term target is 38,000.
India Strong Economics Long For Long TermA huge economic power that owns the atomic weapon with a population of 1340 million people. Or half of the population is under 25 years old. Very young and very dynamic country where there is everything to build. Despite the 7% growth per year, this is not enough to give work to all new young people who are 1 million every month. This ensures a level of cheap hands for export to the international. India has great ambitions to become number 1 globally. I buy against wind and fed up.
Daily India SENSEX stock market index forecast timing analysis 27-Jun
Price Forecast timing analysis by pretiming algorithm of Supply-Demand strength
Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk
Supply-Demand(S&D) strength Trend Analysis: About to begin an adjustment trend as a upward trend gradually gives way to a slowdown in rises and falling fluctuations
Today's S&D strength Flow: Supply-Demand strength has changed from a strong buying flow to a suddenly strengthening selling flow.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.1% (HIGH) ~ -0.9% (LOW), -0.4% (CLOSE)
%AVG in case of rising: 0.9% (HIGH) ~ -0.2% (LOW), 0.6% (CLOSE)
%AVG in case of falling: 0.5% (HIGH) ~ -0.7% (LOW), -0.3% (CLOSE)
Price Forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
Daily SENSEX forecast timing analysis by Supply-Demand strength20-Jun
Stock investing strategies
Investing position about Supply-Demand(S&D) strength: In Falling section of high risk & low profit
Supply-Demand(S&D) strength Trend Analysis: In the midst of a rebounding trend of upward direction box pattern stock price flow marked by limited falls and upward fluctuations.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
View a Chart with Supply-Demand(S&D) strength forecast: www.pretiming.com
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 0.8% (HIGH) ~ -0.1% (LOW), 0.3% (CLOSE)
%AVG in case of rising: 0.9% (HIGH) ~ -0.2% (LOW), 0.6% (CLOSE)
%AVG in case of falling: 0.4% (HIGH) ~ -0.8% (LOW), -0.6% (CLOSE)
Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
Sensex ShortLong Cycles here indicate Sensex downtrend will continue till April 2019. As you can see 2 long cycles of roughly 270 bars each indicated by bid arrows. The intermediate smaller cycles which constitute the longer cycle are 165 bars and 105 bars approx. They are reversed in case of second long cycle. Since current level is fibonnaci support it will be good trade idea to short if this fib support is broken.
India’s Adventures in Fiat BubblesIndia became an independent country in 1947 and had a Grand Supercycle Wave I into the 60’s. Grand Supercycle Wave II finished up the 70’s, and this chart shows the completion of Grand Supercycle Wave III.
The price action is reflective of the massive fiat credit creation in the Indian economy, hence the equity bubble. A true democracy, India is in the process of learning not to allow the politicians control of the money supply. I also don’t recommend giving control of the money supply to a criminal banking cabal either, like we have in the United States. Both are examples of letting the Fox watch over the Hen House, and will result in The People getting robbed of their money… A recent example would be the government recently robbing the lower classes of the money in circulation that they used for day to day business.
India has a proud history of buying Gold and Silver. I recommend everybody in India trade their Rupees for gold and silver coins, and tell the government to shove their fiat where the sun doesn’t shine… And, oh yeah, sell the Sensex and invest in Gold and Silver until close to the end of the 20’s and the end of Grand Supercycle Wave IV. If India is smart, they will have transitioned to a PM backed currency, independent of Politicians and Bankers, and preferably enshrined in the Indian Constitution, so 60 to 70 years from now they won’t have to repeat this whole ordeal over…
