Harsh Mehta's Threads | Buzz Chronicles

#UnitedSpirits #McDowell expected 5 waves.. https://t.co/MIagIPeCeS

Sir,
If you can update on present counts wrt long term view....
— Me (@meshaiv) September 23, 2021

#NiftyPharma - Expected a drop below 6500 ( it did 6242 in Covid crash)

And see the comment in chart.

There is a time to be bearish, and a time to be bullish.

#NiftyPharma label update pic.twitter.com/EzsGvfP1gr
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) August 25, 2019

Harsh Mehta
@_Harsh_Mehta_

#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

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

Harsh Mehta
@_Harsh_Mehta_

#Nifty - Where we are on long term charts

Harsh Mehta
@_Harsh_Mehta_

#INFY - Expecting a 13 wave move of which 11 are done..

Drop to 1525-1500 for wave 12

Previous expectation was drop to 1400-1440 but that might still not happen.

Harsh Mehta
@_Harsh_Mehta_

#tatasteel - I expected 3rd to be over at 1246 and fall below 900 in 4th. But retracement was not enough. And hence the 3rd continued till 1481. May be inch a little higher but fair to call end of 3rd round about here.. 4th should take it to 1000 https://t.co/NWDc24fjJn

#Tatasteel - 2 possible count options -

Bearish - 5 waves complete (RED) and bigger retracement towards 700

Bullish - 3rd over (BLUE) and 4th goes towards 900 and then 1500+#Nifty https://t.co/ETBkbUkCO8 pic.twitter.com/an2EoHHxnU
— Harsh Mehta (@_Harsh_Mehta_) June 8, 2021

$Harsh / \ud5c8\uc26c$

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@_Harsh_Mehta_

#Bitcoin #BTC - Break of lower channel support at around 16500-17000 shall take it to 1750-1800

Massive price erosion in cryptos a very likely outcome. This shall spill over to equities as well but not to same extent.

$Harsh / \ud5c8\uc26c$

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Somebody asked for #Ultratech #Cement - Sharing my view. One drop to 3900 and below is necessary before any further rise.

$Harsh / \ud5c8\uc26c$

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@_Harsh_Mehta_

#BajajFinance dipped right into the Buy Zone, made low at 5912 and bounced back.

#Nifty #BajajFinance : Buy zone 6000-6400

Target: 10400++ pic.twitter.com/PfHpLHcN9k
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) December 25, 2021

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#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..

$Harsh / \ud5c8\uc26c$

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@_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.

$Harsh / \ud5c8\uc26c$

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@_Harsh_Mehta_

#JubilantFood - Considering the move only from 380, the current drop is wave 4 and should ideally not drop below 2455. A good entry point near 2500-2600.

5th likely to do 4800-5500 https://t.co/MM0FbYt5BS

sir view on jublfood pls.
— om namo venkatesaya (@being__trader) March 17, 2022

$Harsh / \ud5c8\uc26c$

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@_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

$Harsh / \ud5c8\uc26c$

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@_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.

$Harsh / \ud5c8\uc26c$

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@_Harsh_Mehta_

#Nifty hrly - Bullish scenario invalid only below 15775. Till then -

- 5.i done as LD at 16793.
- 5.ii done at 16347 and Nifty rises to 17000+
- 5.ii.a or w done at 16347, irregular correction or complex correction may play out for next 5-7 trading sessions.

Buy the dips. https://t.co/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

$Harsh / \ud5c8\uc26c$

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How do you select stocks to invest in this stage of market?

Use 3Bar High on weekly candle to invest with stop at 3Bar Low.. 👇

One of the fairly easy and convenient method for investing is 3 Bar High/Low method on weekly candles.

Buy when stock price goes above High of previous 3 bars, continue till trend continues week after week, and sell out when Price goes below Low of previous 3 bars. pic.twitter.com/nnVCbMi84C
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) March 26, 2021

$Harsh / \ud5c8\uc26c$

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#HDFCBANK - Changing my previous counts - Top done at 1725 and flat abc correction seen. Stock should settle down in range 1270-1290 (like double top, double bottom is possible), https://t.co/9dDR6NFVDH

sir hdfcbank counts please
— om namo venkatesaya (@being__trader) April 19, 2022

$Harsh / \ud5c8\uc26c$

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@_Harsh_Mehta_

Invalidation level can be brought up to 4900 also.. #BajajFinance

Was looking at #BajajFinance chart once again. I am not able to complete 5 waves yet...hmmm...\U0001f928

As posted earlier, the drop is still 4th (invalidation below 4500).

And target still remains open for 10K+ https://t.co/DozJzNhuuI pic.twitter.com/jPRaEQoPH3
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) June 17, 2022

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#Bharti : Keeping above 640 now, impulse counts should play out for 2840 minimum. (Remember its a monthly chart)

Below 640, counts need to be revalidated. https://t.co/1e7hs0ZkxR

#BhartiAirtel #Bharti #Nifty - Chart update - Count wise we are in 5th wave starting from 254.15.

Breakout from consolidation in 4th wave has come after 13 years, so expect solid move in next 3-5 years. Hold the stock and add on declines. pic.twitter.com/lC3Zsfd8vd
— Harsh / \ud5c8\uc26c (@_Harsh_Mehta_) May 17, 2021

$Harsh / \ud5c8\uc26c$

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The only way you can capture this whole move is by following the price where it goes, trailing your SL. Any attempt to prempt, and you would be out

SAR trades can capture the whole move.

SAnngeri Authors Harsh Mehta