Niftylongterm | Buzz Chronicles

#NIFTY weekly chart showing some similarities with the 2015-16 fall.

Both falls were preceded by an almost non-stop bull run for 1-2 years (counting from last retest of 200-week SMA).

In 2015-16, index fell 25% in 52 weeks. So far, from Oct 21, we have fallen 17% in 34 weeks.

Piyush Chaudhry
@piyushchaudhry

If you truly love her, let her go .. to 15000 and below.
If she loves you, she will come back at 16000 .. later this year or next.

kumar saurabh
@suru27

#NIFTY Blueline is 20M EMA. One of key support in uptrend. From Sept'18 (peak) and Feb'16 (bottom), current NIFTY CAGR: 8.7% and 14.8%. Same in Oct'21, 16% and 21%. If stays at these levels for 1 year, 4.5 year CAGR will be 6.7%. Something to chew on reversion to mean

$Tar \u26a1$

Tar ⚡
@itsTarH

Perspective.

$Shubham Mishra\U0001f1ee\U0001f1f3\u26a1$

Shubham Mishra🇮🇳⚡...
@shubhfin

@VP23932662 As per channel yes

NISHSHKUMAR JAANI
@Nishshkumar

#SGXNIFTY

class Double Top

now 3 close below 15400 will confirm the Rounding Top and pattern can test 13800-13600

#AhmedabadNest #StockMarket #india #NSE

Krunal Thakkar
@KrunallThakkar

Well, alarms were sound.
₹Nifty > #Nifty

Tight Bearish divergence on Nifty Weekly. Ready to snap back to Weekly 20 EMA? Current Weekly 20 EMA at 16864. Stay Cautious!
\u20b9Nifty > #Nifty
— Krunal Thakkar (@KrunallThakkar) October 22, 2021

Explanation for the alarm that sounded. Textbook short term top.
Clean technicals.
₹Nifty > #Nifty

Is Nifty gunning for an ultimate double zig-zag shake out towards 17k which would coincide with weekly 20 EMA and 100 DEMA tag? Fair possibility. Only time will tell. Watch for the break of 50 DEMA and support zone.
₹Nifty > #Nifty

@piyushchaudhry

If Nifty breaks 50 DEMA and closes below 17700. 17220-17150-17000 possible. Worst case scenario is ~17000. Lot of confluence support in that range.
Do your DD.
₹Nifty > #Nifty

Nifty’s daily looks like ABC is done, but internals suggests that it still needs a final sell off to make a bottom for WXY. A bull trap towards 17735-17810 can’t be ruled out before the final sell off.
Just analysis, reserve the right to be wrong.
₹Nifty > #Nifty

Dinesh C Nagpal
@bluechips4u

#Nifty near its weekly 108ema {15300) last time that was tested was back in Sept 2020 which then led to a very strong rally. For now, lets see if it holds and gives a bounce (reversal can be reviewed later)

Monthly 34ema is at 14600, if the weekly support fails to hold then this becomes the next major and super one to start aggressive buying near it

The immediate resistance is at daily 13ema currently at 16000 (will dip down). Only if Nifty breaks and sustains above it will I consider a bottom done, else will treat it just like a bounce in case it turns before testing the Monthly 34ema

The last leg of every correction is always severe, all you read/hear is utter chaos. From today start looking at stocks you would like to add to your portfolio for the MEDIUM/LONG term - we are almost there. Happy Investing!

NISHSHKUMAR JAANI
@Nishshkumar

#Nifty #PNF

Triple Top Fomration

close below 15763 will open door towards 14516-13334 (remote possibility )

once break 15763 negation levels will be 17160 on closing basis

#AhmedabadNest #StockMarketIndia #NSE #Index #analysis

ScorpioManoj
@scorpiomanojFRM

#MARKETS
In a bear mkt increase the tf to 6m / 1y, u will become bullish. Short and medium term bearish moves are actually long term pullbacks. Since 1990, there were only 9 bearish years out of 32.
.....

......6m chart - history says -30% to -65% bear moves. 30% drop leads to 12.5k. Time to do pyramid averaging SIPs every month.

Trendline Investor
@dmdsplyinvestor

#Nifty watch this trendline to be taken out for a good long trade! https://t.co/nC32qh2rOO

#Nifty perfect reversal after filling the gap and testing the middle of the channel.

Waiting for Nifty to take out that major horizontal resistance and then we can see a good short term rally. https://t.co/m3hwcWno9q pic.twitter.com/WhhLPc9JaC
— Trendline Investor (@dmdsplyinvestor) June 28, 2022

Henrik Zeberg
@HenrikZeberg

#Nifty50 in a very clear CORRECTIONAL pattern since October 2021. Does not get any clearer like this!
Target: +25% higher in major Rising Wedge.

Now think: If Nifty50 is clearly about to soar - would it then be plausible, that the US indices are about to crash?

$Harsh / \ud5c8\uc26c$

Harsh / 허쉬
@_Harsh_Mehta_

As long as 15775 is not breached, bull case remains. Will be portfolio cautious only below 16000. Otherwise the path on chart is the way 5th wave should play out till Sept-Oct 2022.

16350 waapis nahi dikhega in 2022, woh aap bhi dekh saktey hai - IF 5TH PLAYS OUT. 😃

#Nifty

LordVenkat
@LordVenkat1

@_Harsh_Mehta_ Historically 85% of time nifty intraday range was above 2.3%. Taking Counter trade after this number is reached is useful. Tuesday was near this number. Was expecting a fall on Wednesday. Was holding puts from tuesday closing. Reaped 1.1 lac at open sterday.

Piyush Chaudhry
@piyushchaudhry

#NIFTY
15 Months to this post. No change in the larger projections.

Long Term Chart of the Year.#NIFTY - Wave 5 (Cycle Degree) Target Zone of 25000-34000 by 2024-2027.
Reassessment on a breach below Blue Trendline. A breach is not a necessary invalidation. Depends on internals.
The dashed path is for representative purpose only. #ElliottWave pic.twitter.com/1xVY4OSr5T
— Piyush Chaudhry (@piyushchaudhry) December 19, 2020

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

Waves_Perception(Dines...
@idineshptl

#NiFTY_50(16950)
60 minutes chart.

If sustain close below 16950 than slide towards 16664 and 16460 possible.
In that case it must not cross today high.(17055).

#Probability

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

Waves_Perception(Dines...
@idineshptl

#NiFTY_50(15966.65)

#Hold short.... Continue...as per weekly view.

Daily chart.

Pending means target near to Fibonacci retracement level 0.382% (14366).

Weekly chart for Fibonacci retracement level.

#Perception

$Harsh / \ud5c8\uc26c$

Harsh / 허쉬
@_Harsh_Mehta_

#Nifty hrly - Bullish scenario invalid only below 15775. Till then -

- 5.i done as LD at 16793.
- 5.ii done at 16347 and Nifty rises to 17000+
- 5.ii.a or w done at 16347, irregular correction or complex correction may play out for next 5-7 trading sessions.

Buy the dips. https://t.co/l4Iqp7patS

#Nifty hrly - 2.a done and 2.b should ideally be done tomorrow below the previous high.

With RBI MPC meeting outcome on 8th (I suppose), sets up perfectly for a 3rd wave in major 5th (considering that my counts are right). https://t.co/LXG2SCg3bY pic.twitter.com/Ya2D35VV8F
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) June 6, 2022

Ameya
@Finstor85

and we are in the range now! 15282 is the low of the range. I start buying between 15666-15282. Big Q is, will we stop in the range & reverse? Honestly, I don't know. All I know is range is here, deserves some allocation in core conviction ideas. #niftymasterchart https://t.co/RXuJb0dTWi

If we are to continue LH-LL setup & break 16666 on daily we will finally complete this drag near 15214. I am not bearish. In fact, this should give amazing opportunity to buy. Until then 16666-17300 continue to provide L-H range for traders. pic.twitter.com/tfIq00VJmZ
— Ameya (@Finstor85) May 2, 2022

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

Categories Niftylongterm