#DELTACORP
Channel from 2020 bottom broken.
Can go down to 200 if 250 is broken on closing basis.
Definite exit if someone is holding from lower levels.
More from Mayank Narula
So now that Nifty has undergone ABC correction in the expected manner, what to expect next?
I think we have started larger degree wave 3, once 16800 was crossed.
16800 is the reference level now. We will get more sense by end of next week/ month. https://t.co/KsziuUpZxU
I am no expert in Wave Theory, but can this be a possible path over next few weeks/months?
— Mayank Narula (@Mayank_Narula1) December 6, 2021
Views requested. @idineshptl @indiacharts @nishkumar1977 pic.twitter.com/u3DjEeqoqB
#NIFTY
If 17445 is taken out, then may be we are heading to fresh new all time on Nifty.
Things may pan out way faster than expected.
#NIFTY
Zoomed in cross-section of the chart above.
Wave 3 of 1 should have started today, which can take Nifty to fresh all time highs.
#NIFTY
So now Nifty is moving more clearly on the expected path, what's next?
Nifty has started longer term wave 3 advancement, pending final confirmation of HH by crossing 17800.
In Wave 1 of 3, can expect a move to 20k+.
In terms of longer term wave structure:
Wave 1: 7500 to 18600
Wave 3: 15700 to 35000+
And this can pan out over next 2 years or so.
Since wave 2 was a shallow correction, wave 4 can potentially be a deeper correction.
Here is one more stock displaying similar characteristics: Mayur Uniquoters.
Spot the similarities here in the price action:#AARTIDRUGS
— Mayank Narula (@Mayank_Narula1) October 10, 2020
2013-2015: Monthly RSI goes over 70 and stock goes up 4-5x.
2015-2020: range consolidation
2020: repeat of 2013-15 in few months pic.twitter.com/53L2fNpJoM
#MayurUniq
Coming out of 7 years consolidation.
Weekly and monthly RSI crossing over 70.
Can it do what Aarti Drugs and Tata Elxsi did in last 1 year?
#MayurUniq
Monthly RSI crossed over 70 in Sep'09 and stayed till Sep'11.
Stock did 5x in that time.
More from Deltacorp
153 ✅
188 ✅
209 ✅
Now 225 🔥
Khelo India khelo
271 - 364 intact
delta corp - follow up and updated chart
— Vibhor Varshney (@nakulvibhor) September 2, 2021
started tracking at 153 , then gave again at 188
now 209
supportive trendline is still intact from 1.5 years
making HH-HL
making round bottom in big picture
target 271 - 364
disc - personally holding in folio https://t.co/KhOsxZEoQR pic.twitter.com/h8KFg4WfQk
Now above Fibonacci retracement
0.618%(268) and likely move higher towards next Fibonacci retracement level
0.786(327 ) and than ATH cross.
#Probability
DELTACORP
— Waves_Perception(Dinesh Patel) Stock Market FARMER (@idineshptl) August 13, 2020
116
Just a perspective pic.twitter.com/Qymzx8VfsR
331 from 309.🔥
Now the ceiling becomes the floor!
Resistance becomes Support.
Figure the trade and don't be in a hurry to buy.
Plan Your Trade
#MasterInOne https://t.co/zGMWSIkFDu
#DELTACORP
— VJ (@VijayThk) March 21, 2022
CMP 304
In the month of March still marching ahead!
Keep a sharp eye on delta to increase your Delta.#MasterInOne https://t.co/jvUJEEHmgB pic.twitter.com/YVrRZ1aaFn