Some important data : Every 18 months S&P index corrects 10 % or more from its top......we are now at 9 % so some more to go in all the markets....our markets also indicate the same.......one can use this data to correctly position our investments in the market.......
Fed says it will start increasing interest rates from March 2022. So next 2 months some good opportunities of buying stocks from our shopping list at lower prices........I look for levels of sub 16000 on nifty in next 2 months...( 12-15 % from the top ).This level also matches with my EWT analysis......
Fed says it will start increasing interest rates from March 2022. So next 2 months some good opportunities of buying stocks from our shopping list at lower prices........I look for levels of sub 16000 on nifty in next 2 months...( 12-15 % from the top ).This level also matches with my EWT analysis......
Request you to post the long term chart for EWT if that is ok for you, it will be of immense help.
Regards,
PTK