#repost
#NIFTY in Regression Channel.
— Piyush Chaudhry (@piyushchaudhry) April 30, 2022
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
More from Piyush Chaudhry
New All Time High.
#HINDUNILVR
EW
Long Term Chart of the Month. #HINDUNILVR
— Piyush Chaudhry (@piyushchaudhry) December 9, 2020
Sometime in the next decade I see a fair possibility of stock reaching 7000 odd.
Invalidation below Blue Trendline. #ElliottWave pic.twitter.com/uxQrzt1mbj
as per relative strength
One question that I often get is which of the two: #HINDUNILVR or #ITC would be a better Investment bet. While their individual charts are clear themselves, another approach is ratio chart. IMHO Lever should outperform ITC for several years going forward.https://t.co/3AFqm6FJ1Q pic.twitter.com/rLuIm8xyVw
— Piyush Chaudhry (@piyushchaudhry) December 30, 2020
More from Niftylongterm
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.
— Piyush Chaudhry (@piyushchaudhry) December 19, 2020
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
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