Returns and Wave Counts.

What is a fair return on your investment in the stock market?

One measure of returns is CAGR – Compound Annual Growth Rate (Annualized Return). These returns can also be adjusted for inflation, but that causes more calculations. I would expect the Indian stock market to give about 20% CAGR (not adjusted for inflation).

Arvind Sahu provided two charts on the Nifty. here they are:

Today, he added the comment: “today’s daily close on nifty, looking like bearish engulfing pattern which suggest this railly may not support till 5050 as i send chart on e.wave pattern yesterday.
As i am in learning phase and my moto is not to predict the target but the basic pattern which is running now, so kindly update my charts wherever u feel neccesary, before putting on blog.”