Nifty 50-Until 16600 is crossed then there is every chance of one more leg downwards (Wave5)
If it closes below 15700 then we can see 15500/15160
5th wave-can get truncated,
Get rid of kachra!!
Good opportunity to accumulate quality companies
chart👇
cheers https://t.co/b0M5QRcq7e
Please use the opportunity to move out of the low-quality companies into high-quality companies.
— Moneyspinners - Work Hard, Dream Big!! (@Jai0409) May 18, 2022
More from Moneyspinners - Work Hard, Dream Big!!
A good portfolio stock for this calender year!!
here is the technical chart with approximate lengths
cheers https://t.co/b5plJ1EqxT
In the power sector - recent entries
— Moneyspinners - Work Hard, Dream Big!! (@Jai0409) April 5, 2022
-Tata Power
-Borosil Renewables
will share EW charts, stay tuned
cheers
I love this company biz, would accumulate at lower levels
cheers https://t.co/02SWIrNcay
KPIT - Major wave 2 is in progress, will hold it with stop loss 555!!
— Moneyspinners - Work Hard, Dream Big!! (@Jai0409) April 15, 2022
cheers https://t.co/VykwxWxLpb
Whenever international prices shot up commodity stocks start soaring, previously it went up from 73 to 165!!
Now can it give move to 200/230+!!
Chart👇 https://t.co/1TJRP7rj0P
Good for Hindustan copper and Rain Industries!!
— Moneyspinners-Work 4UR Dreams (@Jai0409) January 18, 2021
Disc - Invested!! https://t.co/xfJKSWMeyw
https://t.co/3An8uq0e3G
Is copper leading the commodity supercycle? @Manisha3005 explains on #CommodityCorner https://t.co/nZ5FT4FsZ2
— CNBC-TV18 (@CNBCTV18News) April 16, 2021
Updated chart
Cheers https://t.co/tJZWZZp0SE
Ion exchange - A doubler from here!!
— Moneyspinners-Work 4UR Dreams (@Jai0409) August 27, 2021
Updated chart https://t.co/SM8YHrxKLF pic.twitter.com/8zY27prmCY
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
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
₹Nifty > #Nifty
Tight Bearish divergence on Nifty Weekly. Ready to snap back to Weekly 20 EMA? Current Weekly 20 EMA at 16864. Stay Cautious!
— Krunal Thakkar (@KrunallThakkar) October 22, 2021
\u20b9Nifty > #Nifty
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
#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
You May Also Like
These setups I found from the following 4 accounts:
1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili
Share for the benefit of everyone.
Here are the setups from @Pathik_Trader Sir first.
1. Open Drive (Intraday Setup explained)
#OpenDrive#intradaySetup
— Pathik (@Pathik_Trader) April 16, 2019
Sharing one high probability trending setup for intraday.
Few conditions needs to be met
1. Opening should be above/below previous day high/low for buy/sell setup.
2. Open=low (for buy)
Open=high (for sell)
(1/n)
Bactesting results of Open Drive
Already explained strategy of #opendrive
— Pathik (@Pathik_Trader) May 27, 2020
Backtested results in 30 stocks and nifty, banknifty.
Success ratio : approx 40-45%
RR average 1:2
Entry as per strategy
Stoploss = Open level
Exit 3:15 PM Or SL
39 months 14 months -ve, 25 +ve
Yearly all 4 years +ve performance. pic.twitter.com/nGqhzMKGVy
2. Two Price Action setups to get good long side trade for intraday.
1. PDC Acts as Support
2. PDH Acts as
So today we will discuss two more price action setups to get good long side trade for intraday.
— Pathik (@Pathik_Trader) June 20, 2020
1. PDC Acts as Support
2. PDH Acts as Support
Example of PDC/PDH Setup given
#nifty
— Pathik (@Pathik_Trader) June 23, 2020
This is how it created long setup by taking support at PDC.
hopefully shared setup on last weekend helped. pic.twitter.com/2mduSUpMn5