Nifty Oxymeter

Nifty Oxymeter Nifty Oxymeter is the brain child of Dr. Chetan Chopra. Radiologist by profession.

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The views expressed here in at this site are for general information and reading purpose only and do not constitute any guidelines and recommendations on any course of action to be followed by the reader. The views are not meant to serve as a professional guide / investment advice / intended to be an offer or solicitation for the purchase or sale of an

y financial product or instrument or mutual fund units for the reader. The site has been prepared on the basis of publicly available information, internally developed data and other sources believed to be reliable. Whilst no action has been solicited based upon the information provided herein, due care has been taken to ensure that the facts are accurate and views given are fair and reasonable as on date. Readers of this site should rely on information/data arising out of their own investigations and advised to seek independent professional advice and arrive at an informed decision before making any investments.

15/11/2022

Hi Back on FB after a long time

  spot is around $1680/Oz and every adviser worth his salt says buy buy buy Gold :-))) for safety of our money/wealth in...
22/04/2020

spot is around $1680/Oz and every adviser worth his salt says buy buy buy Gold :-))) for safety of our money/wealth in the coming uncertain times of economic slowdown/ suppression/ depression ....JUST AS they were all crying is heading to $100 in early January 2020 Buy Buy Buy...But I am NOT buying any Gold whatsoever. The reason is the attached monthly spot Netdania chart saved on 26th Feb 2017...Looks like the best case scenario for is $1750 - 1800 or even a new lifetime high (very unlikely) before the starts....multi month/year targets remain sub $1000.....$800...$700/Oz....Dher saare Paise te thaandd rakhna ji... .ye time aayega :-)))

10/04/2020

are sitting on a cliff ....about to fall drastically to new 52 weeks lows...Bulls beware

04/04/2020

.....Finally it comes its own way..after a wait of 2 yrs...how the waves will unfold and how much time it will take is Not predictable but the Targets are predictable if u know how to read the charts ... makes a 20 yr low around $22 few days back.....Chk 24th November, May 26 and March 29 2018 posts below...which say unambiguously....Crude having topped out at $86.7 is now in a free fall, is below $59... and has started next multi year long down leg with unbelievable targets of $24 to $11 per barrel...yes....OPEC countries face absolute disaster and catastrophic Country failures...just watch the show....

24/11/2018

So finally IT has happened what I was waiting for....Crude having topped out at $86.7 is now in a free fall, is below $59... and has started next multi year long down leg with unbelievable targets of $24 to $11 per barrel...yes....OPEC countries face absolute disaster and catastrophic Country failures...just watch the show....

13/10/2018

2018 has been ruthless so far...Mkts have not been sparing most of the ppl...but all is not lost....Lot of Sun shine coming...hold on

26/05/2018

As was expected per my previous posts on ...the black Gold has topped out few days back and has started next multi year long down leg with unbelievable targets of $24 to $11 per barrel...yes...that down...

recap of my May 17 post....My last post on was on March 29, 2018, the so called Black Gold has moved up since then, the production is up, inventories are down bla bla bla...the whole world is shouting to long Crude...not realizing that the same mood prevailed in 2008 when crude was soaring and making sequentially new life time highs, at that time the story was that the world crude oil is going to finish soon. And in 5 months or so the damn thing was down to $38 from $150.
For me the end of this upward corrective move is closer to end than most people can think. May be the top is done today or will be done soon, When an ED forms in the last leg of up side ED...the retreat is very violent and massacre is waiting to happen...all the best bulls...things will start getting rough...very rough...for many years

17/05/2018

My last post on was on March 29, 2018, the so called Black Gold has moved up since then, the production is up, inventories are down bla bla bla...the whole world is shouting to long Crude...not realizing that the same mood prevailed in 2008 when crude was soaring and making sequentially new life time highs, at that time the story was that the world crude oil is going to finish soon. And in 5 months or so the damn thing was down to $38 from $150.
For me the end of this upward corrective move is closer to end than most people can think. May be the top is done today or will be done soon, When an ED forms in the last leg of up side ED...the retreat is very violent and massacre is waiting to happen...all the best bulls...things will start getting rough...very rough...for many years

17/05/2018

In furtherance to my April 18 post the current pause in and Nifty is a temporary phenomenon, like to be resumed soon, New Highs coming dear all, those who invested in Mid caps are a worried lot, in any market...bull or bear...the lagaard indices usually play a catch up and surprise, have patience, mkts are going to reward all :-)

18/04/2018

Moving from 6th April post to 18th April, i.e., today....the loud shouts of 9550 have almost died, but wait a minute, the cries for a H&S have almost become shrills, what the so called specialists of TA, who are crying the wolf, have shown us so far is that not even a superficial knowledge of the requirements of H&S is known to them. I wish them Good luck. I am an untiring Bull so far :-)

06/04/2018

Mkts are smart..much smarter than the herd...and the herd was waiting for 9500..and mkts reversed at 9951...as was written on 19th and 27th March 2018...the Bull continues to charge and u have to be Super Smart Matador this time around than any time in last 4 yrs not to hurt yourself....:-)

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