Keshav

Not SEBI registered. No buy/sell recommendations.
Simply documenting my charts here.

[Keshav @Velox236]

@TechCharts Would you call this a failed H&S structure?

[Keshav @Velox236]

@TechCharts With Silver/Gold ratio rising and increasing volumes in cryptos, perhaps the bias here should be bearish?

[Keshav @Velox236]

@GregaHorvatFX The dollar still hasn't strengthened much with the yields. Perhaps the XXXUSD pairs could remain corrective now (downwards) until this cycle is completed. With a 'potential' top in yields, dxy could see the next leg down?

[Keshav @Velox236]

@TechCharts Would love to see more charts based on India.

[Keshav @Velox236]

@ElliottForecast Though I agree with the count. It makes sense. Both Gold and Silver. But your winning ratio is so poor that it almost makes me doubt :)

[Keshav @Velox236]

@VikingEW Have the same view. Looks like wave e is also completed. Still need a breakdown for confirmation. I was a bit skeptical in case it turns into a bullish triangle.

[Keshav @Velox236]

@TechCharts Which sectors would you prefer in this run? Would love to see some more charts for the Indian markets.

[Aksel Kibar, CMT @TechCharts]

I like this setup. I have covered India Equities lately that ended up becoming Type 1 breakouts. More coming to the weekly reports

[Keshav @Velox236]

@itzarunca Thanks. Can you also update some Defense stocks? Or the index?

[Keshav @Velox236]

@iAmitKumar What makes you mark it as an A-B-C? It can very well be a 1 and 2. Banks are outperforming.
The 61% retracements gives more edge to a wave (2) than a wave (B). Even the long term trendline that BNF broke has been reclaimed. Not saying you're wrong-Counts are always subjective.

[Keshav @Velox236]

#Crude
USOIL. Currently in an impulse on the downside. Further lows will be made.

[Keshav @Velox236]

@sunilgurjar01 You added an extra zero there. SEBI registered :)

[Keshav @Velox236]

@DeepakSweeGlu While this is a 45m chart, have you considered that we have one negative close on weekly? A higher time frame is given more importance for wave counts, so have you considered that this could be wave 2 correction instead of 4?

[Keshav @Velox236]

@ewforecast Why the triangle expectation? Have you compared this to the Sensex chart? Triangle possibility is quite low on Sensex, and both indices do keep a similar structure.

[Keshav @Velox236]

@JustNifty Above 24650, you would consider this as the next impulse?

[Keshav @Velox236]

@VikingEW Too many alternates, but understandable given the current scenario.
It is more likely to be either of the triangle patterns since the 1-2, 1-2 isn't a good fit (Internals aren't impulsive moves).
Seeing today's sharp reversal, more upside might be there.

[Keshav @Velox236]

@Sahilpahwa09 Can you please update Powergrid?