If it breaks the expanding triangle on closing basis, we are looking at 20-25% correction from here.
Daily RSI was oversold at the bottom and failed to come over 30 in last 2 days.
Worrisome signs.
#bajajfinserv
Decision time for the stock.
Has been mimicking closely the Nifty chart, so we can say that #Bajajfinserv can indicate what direction market can take from here.
RSI going in same direction as price but MFI showing positive divergence.
More from Mayank Narula
#Nifty
So now that Nifty has undergone ABC correction in the expected manner, what to expect next?
I think we have started larger degree wave 3, once 16800 was crossed.
16800 is the reference level now. We will get more sense by end of next week/ month. https://t.co/KsziuUpZxU
#NIFTY
If 17445 is taken out, then may be we are heading to fresh new all time on Nifty.
Things may pan out way faster than expected.
#NIFTY
Zoomed in cross-section of the chart above.
Wave 3 of 1 should have started today, which can take Nifty to fresh all time highs.
#NIFTY
So now Nifty is moving more clearly on the expected path, what's next?
Nifty has started longer term wave 3 advancement, pending final confirmation of HH by crossing 17800.
In Wave 1 of 3, can expect a move to 20k+.
In terms of longer term wave structure:
Wave 1: 7500 to 18600
Wave 3: 15700 to 35000+
And this can pan out over next 2 years or so.
Since wave 2 was a shallow correction, wave 4 can potentially be a deeper correction.
So now that Nifty has undergone ABC correction in the expected manner, what to expect next?
I think we have started larger degree wave 3, once 16800 was crossed.
16800 is the reference level now. We will get more sense by end of next week/ month. https://t.co/KsziuUpZxU
I am no expert in Wave Theory, but can this be a possible path over next few weeks/months?
— Mayank Narula (@Mayank_Narula1) December 6, 2021
Views requested. @idineshptl @indiacharts @nishkumar1977 pic.twitter.com/u3DjEeqoqB
#NIFTY
If 17445 is taken out, then may be we are heading to fresh new all time on Nifty.
Things may pan out way faster than expected.
#NIFTY
Zoomed in cross-section of the chart above.
Wave 3 of 1 should have started today, which can take Nifty to fresh all time highs.
#NIFTY
So now Nifty is moving more clearly on the expected path, what's next?
Nifty has started longer term wave 3 advancement, pending final confirmation of HH by crossing 17800.
In Wave 1 of 3, can expect a move to 20k+.
In terms of longer term wave structure:
Wave 1: 7500 to 18600
Wave 3: 15700 to 35000+
And this can pan out over next 2 years or so.
Since wave 2 was a shallow correction, wave 4 can potentially be a deeper correction.
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"I lied about my basic beliefs in order to keep a prestigious job. Now that it will be zero-cost to me, I have a few things to say."
We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.
Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)
It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.
Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".
As a dean of a major academic institution, I could not have said this. But I will now. Requiring such statements in applications for appointments and promotions is an affront to academic freedom, and diminishes the true value of diversity, equity of inclusion by trivializing it. https://t.co/NfcI5VLODi
— Jeffrey Flier (@jflier) November 10, 2018
We know that elite institutions like the one Flier was in (partial) charge of rely on irrelevant status markers like private school education, whiteness, legacy, and ability to charm an old white guy at an interview.
Harvard's discriminatory policies are becoming increasingly well known, across the political spectrum (see, e.g., the recent lawsuit on discrimination against East Asian applications.)
It's refreshing to hear a senior administrator admits to personally opposing policies that attempt to remedy these basic flaws. These are flaws that harm his institution's ability to do cutting-edge research and to serve the public.
Harvard is being eclipsed by institutions that have different ideas about how to run a 21st Century institution. Stanford, for one; the UC system; the "public Ivys".
🌿𝑻𝒉𝒆 𝒔𝒕𝒐𝒓𝒚 𝒐𝒇 𝒂 𝑺𝒕𝒂𝒓 : 𝑫𝒉𝒓𝒖𝒗𝒂 & 𝑽𝒊𝒔𝒉𝒏𝒖
Once upon a time there was a Raja named Uttānapāda born of Svayambhuva Manu,1st man on earth.He had 2 beautiful wives - Suniti & Suruchi & two sons were born of them Dhruva & Uttama respectively.
#talesofkrishna https://t.co/E85MTPkF9W
Now Suniti was the daughter of a tribal chief while Suruchi was the daughter of a rich king. Hence Suruchi was always favored the most by Raja while Suniti was ignored. But while Suniti was gentle & kind hearted by nature Suruchi was venomous inside.
#KrishnaLeela
The story is of a time when ideally the eldest son of the king becomes the heir to the throne. Hence the sinhasan of the Raja belonged to Dhruva.This is why Suruchi who was the 2nd wife nourished poison in her heart for Dhruva as she knew her son will never get the throne.
One day when Dhruva was just 5 years old he went on to sit on his father's lap. Suruchi, the jealous queen, got enraged and shoved him away from Raja as she never wanted Raja to shower Dhruva with his fatherly affection.
Dhruva protested questioning his step mother "why can't i sit on my own father's lap?" A furious Suruchi berated him saying "only God can allow him that privilege. Go ask him"
Once upon a time there was a Raja named Uttānapāda born of Svayambhuva Manu,1st man on earth.He had 2 beautiful wives - Suniti & Suruchi & two sons were born of them Dhruva & Uttama respectively.
#talesofkrishna https://t.co/E85MTPkF9W
Prabhu says i reside in the heart of my bhakt.
— Right Singh (@rightwingchora) December 21, 2020
Guess the event. pic.twitter.com/yFUmbfe5KL
Now Suniti was the daughter of a tribal chief while Suruchi was the daughter of a rich king. Hence Suruchi was always favored the most by Raja while Suniti was ignored. But while Suniti was gentle & kind hearted by nature Suruchi was venomous inside.
#KrishnaLeela
The story is of a time when ideally the eldest son of the king becomes the heir to the throne. Hence the sinhasan of the Raja belonged to Dhruva.This is why Suruchi who was the 2nd wife nourished poison in her heart for Dhruva as she knew her son will never get the throne.
One day when Dhruva was just 5 years old he went on to sit on his father's lap. Suruchi, the jealous queen, got enraged and shoved him away from Raja as she never wanted Raja to shower Dhruva with his fatherly affection.
Dhruva protested questioning his step mother "why can't i sit on my own father's lap?" A furious Suruchi berated him saying "only God can allow him that privilege. Go ask him"