Ameya's Threads | Buzz Chronicles

Beautiful setup #routemobile. If you discount the Feb month sudden rally, price has returned to its mean channel & is moving within. It has finally formed a breakout pattern. 1800+840 is very realistic target here. Fasten your seatbelts.

Ameya
@Finstor85

This is line chart based arc I plotted a few days ago to see where does the target of 2nd arc completes. We got ~9200(+/- 100/-) Switch to candles. See rejection area. Arc on candles is not really ideal but on line it is. No view above 9200! MAs need to catch up. #TATAELXSI

Ameya
@Finstor85

#LTI is getting ready..Need a strong close above 6530 & then arc BO level of 7566. Take these 2 out & get ready for rally of at least 1948 pts

Ameya
@Finstor85

20% more and this position will be 3x. Selan & CPCL hedging the core beautifully. Spot in advance! Covid accelerated IT, EU Energy crisis accelerating Selan/CPCL.

Almost every 6 year, Chennai Petro falls to 80 odd level, rises to 460-480 and falls again to touch same level. It happened in 2009, happened in 2015, 2020 it just reversed from 80 and result also to assist!! Can we see cycle playing out again?
— Ameya (@Finstor85) July 25, 2020

Ameya
@Finstor85

Much needed cool off "hopefully" starting in ELXSI. Will be a good buy on 20-25% cut. So much is already in the price. And those 30%+ contracts aren't forever in this space.

Ameya
@Finstor85

Time to update reading on #tataelxsi. Note where the last fall was supported. Perfectly near the previous arc BO level. We will make some retracements here & there but now seems to be going for 10391. 3rd arc formation in process & looks very similar to the previous one https://t.co/KwBFN6fkKk

This is line chart based arc I plotted a few days ago to see where does the target of 2nd arc completes. We got ~9200(+/- 100/-) Switch to candles. See rejection area. Arc on candles is not really ideal but on line it is. No view above 9200! MAs need to catch up. #TATAELXSI pic.twitter.com/WNJRZZedrj
— Ameya (@Finstor85) March 30, 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

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