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 Harsh / 허쉬
#Bhel - Falling from 79.55 now at 55
Chart wise labeling for 1,2,i,ii for now - counts invalid if falls further to 38. In that case will take a fresh look.
#Nifty #Elliotwave #Chart https://t.co/2mvKfAs3wA
Chart wise labeling for 1,2,i,ii for now - counts invalid if falls further to 38. In that case will take a fresh look.
#Nifty #Elliotwave #Chart https://t.co/2mvKfAs3wA

Holding 29, major wave 2 looks over. Will you believe if I say ATH will come? But let's go step my step - 80-130-200 \U0001f600#Bhel pic.twitter.com/3KPCYeDoDp
— Harsh Mehta (@_Harsh_Mehta_) February 4, 2021
More from Niftylongterm
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
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