It is said that over the period of time 'Mass Psychology' remains the same. Group of people at different places behave in the same manner repeatedly.
Attached is a Chart which I cam across going through my study material taken from the web some time back. The astonishing similarity with the NIFTY movement which we are witnessing these days caught my eyes.
I have cropped the chart to show approximately the stage where NIFTY is presently. Hope everybody sees what I am seeing.
Let me know If you agree.
SHEKHAR
NOTE: Also see NIFTY chart posted by me on Nov. 01, 2014. The security in the chart is in a different time zone.
Attached is a Chart which I cam across going through my study material taken from the web some time back. The astonishing similarity with the NIFTY movement which we are witnessing these days caught my eyes.
I have cropped the chart to show approximately the stage where NIFTY is presently. Hope everybody sees what I am seeing.
Let me know If you agree.
SHEKHAR
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| NIFTY AS OF NOW |
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| THIS IS FULL CHART FOR EUR/GBP |
NOTE: Also see NIFTY chart posted by me on Nov. 01, 2014. The security in the chart is in a different time zone.
No chart attached
ReplyDeleteBro, please attach the Chart and also give your latest view on Nifty Wave Counts.
ReplyDeleteOpps! Missed posting charts.
ReplyDeleteBro, can you provide your latest wave counts to help us understand where we are right now.
DeleteFascinating...thanks...You expect a similar correction in Nifty?
ReplyDelete