BC NIFTYLONGTERM

Harsh / 허쉬
@_Harsh_Mehta_ 4 years, 2 months ago 503 views

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

More from Harsh / 허쉬

$Harsh / \ud5c8\uc26c$

Harsh / 허쉬
@_Harsh_Mehta_

When short term gets confusing, zoom out to long term charts. #Nifty

#CNXIT still must do a minimum 52K++ (to complete its move from Oct 2001 low) & therefore any dip between 26K-29K is a good buy zone. Also has mid-line support right there (previously resistance).

Personally have bought #Infy #Wipro #TechM this week - Will add these and other front line IT stocks in near term.

$Harsh / \ud5c8\uc26c$

Harsh / 허쉬
@_Harsh_Mehta_

#Ambuja could be headed much higher over next 5-7 years now that it is already in wave 3.iii.(iii) -- Counts invalid below 216 but risk reward is quite favorable.

Disclosure: Already holding from sub 300.

$Harsh / \ud5c8\uc26c$

Harsh / 허쉬
@_Harsh_Mehta_

#HDFCBank - From 2009 low of 70 - most likely completed 5 waves at 1705 (dividend adjusted values)

Also sitting on channel support, which should eventually break. Short term bounces though to be expected, fall is never in a straight line.

A drop to 700-800 is likely.

$Harsh / \ud5c8\uc26c$

Harsh / 허쉬
@_Harsh_Mehta_

#Infy will go on to complete 13 waves (ideally above 4000) - Current drop up to 1600-1450 will be a buying opportunity within 11th wave..

$Harsh / \ud5c8\uc26c$

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

More from Niftylongterm

$Tar \u26a1$

Tar ⚡
@itsTarH

Perspective.

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.

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

$\u03b1\u043c\u03b9\u0442\u0442 \u0455\u03b1\u03b9\u03b7\u03b9 \U0001f1ee\U0001f1f3$

αмιтт ѕαιηι 🇮🇳...
@heartwon

#NIFTY in the context of #RSI #Weekly Timeframe
RSI with default values of 14,9
RSI MOVE measures the deviation of RSI from its average

IMHO, it is an excellent time to buy and accumulate #NiftyBees
Retweet if you find it useful 🙏🏽

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

If everyone was holding bitcoin on the old x86 in their parents basement, we would be finding a price bottom. The problem is the risk is all pooled at a few brokerages and a network of rotten exchanges with counter party risk that makes AIG circa 2008 look like a good credit.
— Greg Wester (@gwestr) November 25, 2018

The benign product is sovereign programmable money, which is historically a niche interest of folks with a relatively clustered set of beliefs about the state, the literary merit of Snow Crash, and the utility of gold to the modern economy.

This product has narrow appeal and, accordingly, is worth about as much as everything else on a 486 sitting in someone's basement is worth.

The other product is investment scams, which have approximately the best product market fit of anything produced by humans. In no age, in no country, in no city, at no level of sophistication do people consistently say "Actually I would prefer not to get money for nothing."

This product needs the exchanges like they need oxygen, because the value of it is directly tied to having payment rails to move real currency into the ecosystem and some jurisdictional and regulatory legerdemain to stay one step ahead of the banhammer.

$Anu Satheesh \U0001f1ee\U0001f1f3$