Nifty | Buzz Chronicles

NIFTY & US 10 Year Yield have a high degree of positive directional correlation. Anyhow, they are diverging at the moment though the divergence can go on for a long period of time as well, last time around this divergence did not work well for NIFTY & it got pulled down.

US10Y going down simply implies funds moving into Bonds and with EM's broadly down from Jan Highs this adds up as well.
That makes NIFTY an outlier, with the philosophical question being for how long can we persist?

This is one of the structural perspectives, however, it all rightfully boils down to the actual NIFTY's price action and that hasn't given any severe indication yet.
Though we must stay on guard.

Techno Prince
@Trader_souradep

#Nifty broken out of a Inverse head & shoulder pattern,
, sustaining above upper bol band 18170 (75 minutes chart) may rally towards 18630
RSI & MACD look bullish

Nishant Kumar
@nishkumar1977

#Nifty 15712

Today's low 15606. Fibs holding well so far!

https://t.co/qqhdNoWcdo

Nishant Kumar
@nishkumar1977

#Nifty 17335

Rising Wedge pattern

Once this wedge breaks down, the retracement levels are marked on the chart. These are the levels where Nifty can take support and bounce higher. Move still playing out. I continue to be bearish short

Piyush Chaudhry
@piyushchaudhry

#NIFTY - The Impulse from April Lows might terminate between 16500-750 zone, less likely to exceed past 16900 in the current run.
Can expect a pullback thereafter.
Not betting on any severe reversals at the moment.

#ElliottWave

Nikita Poojary
@niki_poojary

#NIFTY

Symmetrical triangle under formation in daily

Spotted by @AdityaTodmal

Mayank Narula
@Mayank_Narula1

#Nifty

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?

Views requested. @idineshptl @indiacharts @nishkumar1977 pic.twitter.com/u3DjEeqoqB
— Mayank Narula (@Mayank_Narula1) December 6, 2021

#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.

DTBhat
@dtbhat

#Nifty futures on short term charts
CMP 17387 - a bullish reversal pattern - 123 pullback

https://t.co/NNw64p3B9B

#Nifty on daily P&F charts - Bullish formations
+ pic.twitter.com/XL0Jt18K84
— DTBhat (@dtbhat) March 20, 2022

$\u20b9ohan $hah$

₹ohan $hah
@rohanshah619

#Nifty outlook!

1. Price/Time Symmetry.
2. Probable Double Top Inplay.

$Shivaji Vitthalrao\U0001f1ee\U0001f1f3$

Shivaji Vitthalrao🇮🇳...
@shivaji_1983

#Nifty -- Going good so far forming triangle as expected.

Till it breakouts expect pendulum swings within this structure.

I am positive for 19300-20000 above 18350.

Bottoms 16800-17000 in place and 200dema at 16600. Dont see any big cut. @moneyworks4u_fa https://t.co/lceGFlDyRM

#Nifty taking a shape of triangle rather than CNH.

Confirmation point is same 18350 and targets also same as below \U0001f447

Traingle /CNH whats in a name as long as targets and Confirmation point is same. https://t.co/vfM1odTd94
— Shivaji Vitthalrao\U0001f1ee\U0001f1f3 (@shivaji_1983) January 29, 2022

$Waves_Perception(Dinesh Patel) \u092e\u0948\u0902Schedule Tribe)$

Waves_Perception(Dines...
@idineshptl

#NiFTY_50(17141)

Low made 17129.55

Objective 0.382% (17181) #done.

If nifty not sustain above today and high and gap remain gap than more downside open till Fibonacci retracement
0.50%(16893) and 0.618%(16604

#Probability

#NiFTY_50(17475)

Daily chart and monthly chart.
Dail chart show Fibonacci retracement level 1st 0.236% done.

Next objetive is to test 2nd 0.382%17181 during the entire week and close near to it.#MACD #RSI pic.twitter.com/Bt9bJuHDFh
— Waves_Perception(Dinesh Patel) \u092e\u0948\u0902Schedule Tribe) (@idineshptl) April 17, 2022

Mayank Narula
@Mayank_Narula1

#Nifty

May get gap filling tomorrow and Wave 2 dip to 17700 or so.

Channel should act as support in closing basis.

Aakash Gangwar
@akashgngwr823

Having the same view as before in Nifty. Is it a prediction? No, it is calculated trajectory based on the historical fractals. Manual version of backtest with a tinge of experience.
#Nifty50 https://t.co/ajpEwosu3v

JK bhai let's have fake breakout in Nifty \U0001f61c
Not joking though, have a reason to anticipate that. https://t.co/idzSRIpWga pic.twitter.com/MNsTm3Mron
— Aakash Gangwar (@akashgngwr823) March 10, 2022