#Nifty Muti-timeframe Analysis of #Momentum
In #Raghumantra classes we elaborate how "stretched" and "fatigued" momentum has to be observed & distinguished from one another.
Weekly momentum is inching towards getting "stretched" but nowhere near "fatigued".
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#stockmarkets

#Nifty Daily chart momentum studies illustrate oscillator faling to keep pace with price-swing but with a reading of 77+ is nowhere near to being "fatigued".It would take a couple of more dips and new swing highs to display that (fatigue) so "buy on dips" remains the mantra,
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#Nifty 75min & 15min charts are the tools for "buying that dip". While 17525 is THE THRESHOLD for keeping long bias (below it should get alarmed), 17650 spot is the best buy point
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For learning/finetuning technical skills, join #Raghumantra Classes
#WhatsApp 8595884101

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The chorus of this song uses the shlokas taken from Sundarkand of Ramayana.

It is a series of Sanskrit shlokas recited by Jambavant to Hanuman to remind Him of his true potential.

1. धीवर प्रसार शौर्य भरा: The brave persevering one, your bravery is taking you forward.


2. उतसारा स्थिरा घम्भीरा: The one who is leaping higher and higher, who is firm and stable and seriously determined.

3. ुग्रामा असामा शौर्या भावा: He is strong, and without an equal in the ability/mentality to fight

4. रौद्रमा नवा भीतिर्मा: His anger will cause new fears in his foes.

5.विजिटरीपुरु धीरधारा, कलोथरा शिखरा कठोरा: This is a complex expression seen only in Indic language poetry. The poet is stating that Shivudu is experiencing the intensity of climbing a tough peak, and likening

it to the feeling in a hard battle, when you see your enemy defeated, and blood flowing like a rivulet. This is classical Veera rasa.

6.कुलकु थारथिलीथा गम्भीरा, जाया विराट वीरा: His rough body itself is like a sharp weapon (because he is determined to win). Hail this complete

hero of the world.

7.विलयगागनथाला भिकारा, गरज्जद्धरा गारा: The hero is destructive in the air/sky as well (because he can leap at an enemy from a great height). He can defeat the enemy (simply) with his fearsome roar of war.