Piyush Chaudhry's Threads | Buzz Chronicles

#Nasdaq may have completed its 5 wave Impulse Structure from November Highs of 16767-11068.
It can now bounce to 13000-14500 zone broadly.
Scenario invalid below recent lows.

Piyush Chaudhry
@piyushchaudhry

S&P Goldman Sachs Commodity Index - Commodities aren't done yet. They may take a pause, but the Index would eventually grow up to 3x from here over the next few years.

Piyush Chaudhry
@piyushchaudhry

#repost

#NIFTY in Regression Channel.
A rectangular consolidation around the central Line of Best Fit, with no such reversal characteristics on display yet.
For it to revisit the upper band, odds would increase only on a break above ~17450.
Else, it's a slippery slope. pic.twitter.com/4OT7JM1TJY
— Piyush Chaudhry (@piyushchaudhry) April 30, 2022

Piyush Chaudhry
@piyushchaudhry

BANKNIFTY's Monthly Chart in a rising Channel along with Sine Line.

Piyush Chaudhry
@piyushchaudhry

Ab Dilli door nahin

#SPX should find solace only below 4000. pic.twitter.com/jqxPrYnkkz
— Piyush Chaudhry (@piyushchaudhry) April 22, 2022

Piyush Chaudhry
@piyushchaudhry

#repost

On the last two instances, when #Brent #CrudeOil crossed 90, NIFTY (in Blue - Left scale) underwent Correction both the times. This is the third such instance.
Below 90, NIFTY & Brent have had positive correlation, with 90 acting as an inflection point & causing the Divergence. pic.twitter.com/Q9dj8YFpuV
— Piyush Chaudhry (@piyushchaudhry) February 12, 2022

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